The conflict in the region in recent days has caused the whole crypto market market to take a sharp turn down as if it was under an air strike, but although the overall market is not so good, the situation is still growing in some areas, such as the NFT section.
According to the data of NFT analysis platform NFTGo, the total global sales of NFT dropped by 85% in the past 30 days.
However, this negative data has not hindered the growth of the NFT market. At the time of writing, the NFT market has been valued at over $16 billion, an increase of 33.6% compared to the past month.
As the hottest track in the blockchain space, NFT is growing rapidly among individual and institutional investors due to its irreplaceability, scarcity and verifiability. the MascotRare project is a combination of NFT and metaverse concepts, so the NFT section will still see a significant rise when the market picks up.
MascotRare project description.
MascotRare is a decentralized trading and consulting platform for NFT and meta-universe commodities. MascotRare uses the high-end technology of multi-chain + cross-chain to provide a more secure and efficient network for the NTF and meta-universe commodity trading market. the MascotRare.com website provides friendly trading scenarios for users to easily, quickly and securely create, buy, sell, or exchange NFT and meta-universe commodities. sell, or exchange NFT and metaverse commodities.
MascotRare supports NFTs in a range of smart contract networks, including CoinArc, Etherchain, etc., bringing endless possibilities for NFT trading and derivation.
Focusing on the landing application scenario of NFT in the meta-universe field, it provides meta-universe social functions to display and trade their NFT commodities and other kinds of commodities in the meta-universe.
MascotRare also provides solutions and consulting services for people who are interested in NFT and metaverse.
Due to the decentralized nature of MascotRare, it will eventually become a community autonomy (DAO) after its growth period.
Value of MascotRare Passes.
MARA is a functional pass for the MascotRare network, whose value depends on the development of the MascotRare network and ecosystem. Its value is related to the size of the MascotRare network, and as MascotRare is used by more people, organizations, and institutions, the demand for MARA will rise accordingly.
There are two main types of ways that MARA passes capture the value of the network.
(1) When users lock or occupy in the network thus reducing the total amount of circulation. For example, consensus mechanism of Staking, token pledge of on-chain application services.
(2) Various destruction scenarios reduce the total number of pass-throughs, with an initial issuance of 10 billion and an eventual pass-through reduction to 100 million.
MascotRare’s economic model mainly solves the problem of distributing the benefits of each participant in a reasonable manner while ensuring the security of the network protocol. The economic model provides incentives for each participant to join the network while at the same time making the system stronger and more secure.
As MascotRare has just been launched recently, there are various reward activities, such as pledge rewards, airdrop rewards, and trading rewards. The earlier you participate, the more rewards you get, and the more rewards you get as the price of the coin rises, the more you earn later.
Official website: https://mascotrare.com
TG official English community: https://t.me/mascotrare1