NFTs have been on fire for the last few weeks with many of them selling for hundreds of thousands of dollars and a select few selling for millions. In today’s video, I’m going to be sharing with you the next 100X NFT project, and the best part is, at the time of this recording, these NFTs have not even been minted yet.
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TIMESTAMPS:
00:00 NFTs on Fire!
01:29 What’s the next 100X NFT project?
06:08 NFT Marketplace example
08:13 PancakeSwap NFTs
09:56 Learn Cryptocurrency
🥞 The PancakeSwap NFT Ecosystem Evolves
We normally wait until the end of the month to share our sweet sweet alpha, but things are rapidly heating up in the NFT world, and we can’t wait to tell you what we’re cooking!
🔥 NFT Marketplace 🔥
We’ve heard your cries. We’ve seen the tweets. We’ve even seen you explode with rage. Well, we’re hopping with joy to announce: we’re working on it.
As usual, we won’t be sharing the timeline, but we’re working to deliver the simplest version possible ASAP, which we’ll then iterate on and improve.
Here’s a few things we can share for the MVP:
– You will be able to both buy and sell NFTs
– Trades will be in BNB/WBNB
– Fees from the marketplace will be used to buyback and burn CAKE
– The first tradable NFTs will be specific to PancakeSwap, and launch with our first NFT collection (see below)
Yes, you read it right: at first, you’ll only be able to trade PancakeSwap’s NFTs. An MVP is a Minimum Viable Product, meant for fast execution and to get things up and running fast. Once the MVP is established, we’ll immediately be working to open the marketplace up to a much wider range of collectibles.
You might also be asking, “why can’t I buy with CAKE?”. That’s because we want EVERYONE to be able to trade on the NFT marketplace. If you can send a tx on BSC, you can trade NFTs on PancakeSwap. Remove barriers.
Creators — don’t worry, we’ve got you in mind.
This is going to be fun.
🔥 New NFT Collection 🔥
Soon after the launch of the marketplace, we’ll be dropping an all-new 🔥🔥🔥NFT collection🔥🔥🔥 by our very own Chef Cecy.
The actual mint numbers are still TBC, but each NFT will be unique with a set of traits to define rarity, and the overall number of the collection will be limited.
Here’s what we can say:
– You’ll need to have a PancakeSwap profile in order to participate
– The minting fee will be in CAKE (cost TBC)
– All CAKE contributed for minting will be burned
Twitter: https://twitter.com/PancakeSwap
PancakeSwap: https://pancakeswap.finance
Source: https://pancakeswap.medium.com/the-pancakeswap-nft-ecosystem-evolves-1d99171b4efe
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Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
Affiliate Disclaimer: These descriptions usually contain affiliate links. If you decide to purchase a product through one of them, I receive a small commission at no cost to you. I never endorse products that I have not personally used myself or not found to be beneficial in my life.
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