Home Altcoins News Justin Sun Founder of TRON (TRX) on Social NFT platform DeFine

Justin Sun Founder of TRON (TRX) on Social NFT platform DeFine

Justin Sun expressed:  “I am thrilled to announce that the Social NFT platform DeFine Platform will be coming on Tron Foundation.  Meanwhile, APENFT will cooperate with DeFine for sourcing valuable NFTs in the global marketplace.”

APENFT and Tron Foundation will cooperate with DeFine Platform for sourcing valuable NFTs in the global marketplace.

DeFine is the Social NFT Platform for all creators?  It is the Web 3.0 social profile system.  The NFT based social profile will be created for the users considering their contribution and achievements in the digital world.

The Digital Label makes it possible for users to connect their wallet address to the DeFine platform.  When they connect the NFT based social profile, it will make it possible for users to access the social activity, private messaging groups, content, or friend’s suggestions related to their digital activity.

Limited numbers of NFT-based honor badges will be rewarded to users who have good historical behavior or interaction on the blockchain like the whales, LPs, yield farmers, etc. Those users who have had malicious behavior will be provided dishonor labels, i.e., hackers.

Cross-platform interoperability looks at the future where one social identification NFT will be interoperable between different blockchains and Metaverse platforms, and this is not restricted to the DeFine platform.

Social features provide for the Digital Credit System.  The NFT-based social profile will create a way for future NFT-based Defi features like credit lending. For instance, users will be able to collateralize their honor medals like a “credit” to get loans. When the user does not pay back on time, the honor medal will be burned, and the user will be given a dishonor label instead.

Metaverse Profile is the NFT-based social profile that will be used in different metaverses where the user activity will be reflected in the profile. For instance, users will be able to gain honor by having achievements in different metaverses.

Compared to other NFT platforms, which are focused on marketplaces that trade digital assets, whether art, music or video NFTS, DeFine will expand upon the NFT marketplace model by including features that facilitate engagement and social engagement interaction in addition to NFT auctions and drops.

This platform will provide multiple innovative modules to incentivize both the creator and community, starting with minting one’s social or fan token.

The Digital Credit System with an NFT-based social profile will create a way for the future NFT-based DeFi feature like credit lending. For instance, users will be able to collateralize their honor medals like the “credit” to get loans. When the user does not pay back on time, the honor medal will be burnt and eventually be given a dishonor label.

There is more to the platform like Initial NFT Offering, NFT Exhibition hall, NFT plus, and more.

 

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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