Initial NFT Offering or Initial Staking NFT Offering is a new type of crowdfunding platform, where the non-fungible tokens are sold at the crowdfunding platform for a certain period of time. These NFTs are backed by a native cryptocurrency. The token holders can burn the NFTs and unlock the cryptocurrency from them. These non-fungible tokens can be artwork collectibles, music files, audio files, or trading cards.
What Is Initial NFT Offering?
Initial NFT Offering or Initial Staking NFT Offering is a new type of crowdfunding platform, where the non-fungible tokens are sold at the crowdfunding platform for a certain period of time. These NFTs are backed by a native cryptocurrency. The token holders can burn the NFTs and unlock the cryptocurrency from them. These non-fungible tokens can be artwork collectibles, music files, audio files, or trading cards.
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