Dive into the world of NFTDeli, where the user-oriented DELI token brings unparalleled value and utility to the NFT ecosystem. Built on the robust Bitcichain blockchain, NFTDeli enhances the NFT trading experience by offering multiple advantages, including reduced transaction fees, in-platform rewards, and governance rights. Whether you're an avid NFT trader or a newcomer, DELI is designed to make NFT transactions more cost-effective, rewarding, and engaging. Read on to discover how NFTDeli is setting new standards in the NFT marketplace and why you should be part of this transformative journey.
What is the DELI Token?
The DELI Token is a user-oriented utility token that enhances your NFT collections and trading experience. It adds value to users by offering various usage areas and advantages on the NFTDeli platform. NFTDeli Token creates value on the NFTDeli platform running on the Bitcichain blockchain by offering the right to speak and rewards to its users. Here are some of these values:
Reduction in Transaction Fees
One of the primary benefits of the DELI token is its ability to reduce users' trading costs by providing a discount on platform fees. This makes NFT trading more cost-effective, allowing users to maximize their investments.
In-Platform Rewards
DELI tokens can be distributed as rewards based on users' activities on the platform, such as inviting new users, sharing NFTs, and participating in community events. This encourages user engagement and fosters a more active and vibrant NFT community.
Trading of NFTs
Users can buy and sell NFTs listed on the platform with the token, providing a seamless and convenient trading experience. This integration simplifies transactions and enhances liquidity within the NFTDeli ecosystem.
Voting and Governance
Token holders can vote and participate in decision-making on the future development and features of the platform. This gives users a voice in the platform's direction and ensures that it aligns with the community's needs and preferences.
Token Market Data
Understanding the market data of the DELI token is crucial for potential investors and users. Here are some key statistics:
- Current Price: $0.0001
- Market Cap: $0.00
- 24h Price Change: 13.04%
- 7d Price Change: 56.01%
- 30d Price Change: 58.49%
- 24h High: $0.0002
- 24h Low: $0.0001
- All-Time High: $0.0199 (2023-05-24T04:01:00.000Z)
- All-Time Low: $0.0001 (2024-02-15T14:37:00.000Z)
- Circulating Supply: 0.00
- Total Supply: 8,888,888,888.00
The Purpose and Utility of the NFTDeli Crypto Token
The NFTDeli crypto token, DELI, is designed to enhance the NFT collections and trading experience for users on the NFTDeli platform. It adds value to users by offering various usage areas and advantages on the platform. Some of these values include:
Reduction in Transaction Fees
DELI can reduce users' trading costs by providing a discount on platform fees, making NFT trading more cost-effective.
In-Platform Rewards
DELI tokens can be distributed as rewards based on users' activities on the platform, such as inviting new users, sharing NFTs, and participating in community events. This encourages user engagement and fosters a more active and vibrant NFT community.
Trading of NFTs
Users can buy and sell NFTs listed on the platform with the token, providing a seamless and convenient trading experience.
Voting and Governance
Token holders can vote and participate in decision-making on the future development and features of the platform, giving them a voice in the platform's direction and ensuring that it aligns with the community's needs and preferences.
Unique Features and Benefits of the NFTDeli Token
The NFTDeli (DELI) crypto token is a user-oriented utility token designed to enhance the NFT collections and trading experience on the NFTDeli platform. It offers various usage areas and advantages, such as reducing transaction fees, providing in-platform rewards, facilitating NFT trading, and enabling voting and governance.
Integration with Bitcichain Blockchain
One unique feature of the NFTDeli token is its integration with the Bitcichain blockchain, which allows it to offer specific benefits and advantages on the NFTDeli platform. The token creates value by offering a right to speak and rewards to its users, making it more engaging and rewarding for users to participate in the platform's activities.
Limited Supply
The NFTDeli token also has a self-reported circulating supply of 3,111,111,111 DELI, with a total supply of 8,888,888,888 DELI and a max. supply of 8,888,888,888 DELI. This means that the token has a limited supply, which could potentially increase its value over time as demand for the token increases.
Tokenomics and Distribution Model
The tokenomics and distribution model of the NFTDeli crypto token involve the allocation and distribution of tokens over time, accounting for initial allocations to various groups of token holders. The tokenomics model represents the project's tokenomics, starting from an initial allocation, and then models the changing allocations over time based on the changing demand and supply of tokens over time.
Total Token Supply
The NFTDeli (DELI) crypto token has a total supply of 1,000,000,000 tokens, with 0 tokens currently in circulation. The tokenomics and distribution model of the NFTDeli token are not explicitly stated in the provided source. However, it is mentioned that the token exists on a blockchain, which is a digital ledger of transactions, designed to be transparent, permanent, and immutable.
Token Distribution
The token distribution process in a blockchain or Web3 project isn't a one-size-fits-all approach. It involves various elements, each with its specific characteristics and functionalities. Understanding these components is essential to developing a distribution plan that meets the expectations of your stakeholders and your project's objectives. These elements include tokenomics, allocation, vesting schedule, distribution mechanisms, governance, transparency and compliance, market strategy, and community engagement.
Allocation to Various Stakeholders
- Team: The team, including founders, early employees, advisors, and investors, received 30% of the initial tokens in the case of Polkadot, which is a typical allocation for insiders in most projects. However, the specific allocation for the NFTDeli team is not mentioned in the provided sources.
- Investors: Public investors, who invest in the crypto project through a public sale event, typically receive a significant portion of the tokens. For example, with Polkadot's initial distribution, 58.4% of tokens went to public investors. The specific allocation for NFTDeli investors is not mentioned in the provided sources.
- Community: Enthusiasts who support the project idea and contribute to its growth may receive tokens as rewards. The specific allocation for the NFTDeli community is not mentioned in the provided sources
