NFTime is a unique social media for NFT holders and marketplace at the same time. NFTime is a decentralized platform where you can create and sell NFTs, make friends, chat, and share your gallery.

Why social media with NFTs?

Since the global non-fungible tokens market was valued at $250 million in 2020 and is estimated to develop with a booming CAGR between 2021 and 2026. By August 2021, there were roughly 280,000 unique buyers and sellers.

Non-Fungible Tokens are easily exchangeable and individually unique digital assets which are held on certain block-chains, mainly Ethereum but also others such as Matic, Flow, Wax, and others. NFT not only exists in a digital space but crucially they can also represent any type of physical asset, acting as a kind of ‘digital twin’ to anything existing in the real world and enabling the ownership and exchange of physical possessions within digital marketplaces. As an artist you can tokenize your work and ensure that it is unique and brand it as your work. True ownership is one of the defining key components of any NFT and, as the digital economies continue to thrive, there are high chances of NFT to play a pivotal role in bringing the digital and physical worlds closer to one another than they have ever been before.

NFT market divided into two segments:

· Primarily market/sale

· Secondary market/sale

Primary market/sale is determined by the first and original sale of an asset and secondary market/sale is determined by the sale of the asset occurring after the initial primary market sale.

All the transactions on various NFT marketplaces, blockchain gaming platforms are done using various cryptocurrencies. Ethereum (ETH) is most extensively used for trading NFTs.