What is Unifty? What Does NIF Coin Do?

Unifty is an NFT ecosystem that provides users with services and microapplications to create a suitable environment for the development of NFTs. In this article, as Kriptokoin.com, “What is Unifty?” We will answer the question. In addition, we will touch on other questions about the project.

What is Unify? What does it do?

Unifty is an NFT ecosystem that provides services to users for the development of NFTs. Unifty aims to create an economy for artists. Unifty’s Farm Builder functionality allows artists to showcase their NFT products on farms. NFT will then participate in staking with ERC20 tokens to receive the reward. Currently, Unifty allows you to farm on 7 different blockchains, including Ethereum, Celo, Polygon, Moonbeam, BSC, Solana, xDAI and Avalanche.

Unifty is collaborating with NULS to create a system that will support users in token coding, marketing, attracting investors, listing on exchanges. Thus, users can easily perform token transactions on the Unifty platform. Unifty supports transaction wallets and NFT collection management functions. Unlike other platforms, users on Unifty will be able to sign contracts to regularly print and update their products. Unifty continues to develop the TIKTOK2NFT channel. When you publish your NFTs on this platform, it will be recorded as proof of NFT products on the blockchain. In addition, the project has also installed NFTBRIDGE to more conveniently support NFT transactions between blockchains.

What is NIF coin?

NIF coin is Unifty’s native token. The token will be used to participate in project management. You can get rewards by staking NIF tokens. It is also used as a transaction fee.

How does Unifty work?

For example, if a user has a set of NFTs, they are stored in the same collection. Collections in UNIFTY are ERC1155 contracts, the new NFT standard for Ethereum (ETH).

In Rarible (RARI), users’ NFTs belong to the Rarible collection and are not technically theirs. On the other hand, there are special ERC155 collections at Unifty. 50% cheaper than the exclusive ERC1155 collections on Rarible.

If a person plans to build a community around their NFT, it is crucial that they have full ownership and administrative privileges over all contracts in the game. Collections created in UNIFTY are purely for the user. In addition, all contracts with UNIFTY have already been verified.

If a user has a NIF or one of the Free Pass wildcard collections, the services cost nothing. But if a user owns or does not own any of them, they pay a developer fee.

What is Unify? How to get NIF coins?

Unifty is currently traded on a small number of cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. Exchanges where Unifty is traded are listed as follows: MEXC, KuCoin. Users who want to invest in the project should open an account on one of these exchanges.

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