AMA RECAP : CRYPTO CHALLENGERS x NINANCE
Venue : CryptoChallengersD
Date : 17 MAR 2022
Time : 02:00 PM UTC.

Guest: Team
They shared detailed information and his opinions about the project NINANCE.

Q1: Please give Gilbert a brief introduction to himself and Ninance.

Ninance COO,
[In reply to Franklin_jax]
Hi, I’m Gilbert.I will share with you something about the Ninance NFT decentralized trading platform.

Ninance is a project I’ve been cooperating with . I was involved in their earliest community builds. So I think I’m obligated to do some promotion for it.

Ninance COO,
Why am I optimistic about Ninance?

Ninance COO,
This has to say about the changes that are taking place in the NFT trading market.

Ninance COO,
That is, the decentralization of NFT transactions.

Ninance COO,
From OpenSea to LooksRare and X2Y2, the biggest change in the core underlying logic of its economy is to give value back to the terminal creator.

Ninance COO,
That is, every user’s high-value behavior on the chain will receive value feedback from the project party.

Ninance COO,
Ninance is the firm proponent of this position.

Q2: What are the core functions of Ninance decentralized ecosystem?

Ninance COO,
[In reply to Franklin_jax]
Ninance is a decentralized platform integrating NFT, DeFi, Swap, and Cross-chain bridges, including:

1.Open NFT Exchange
2. Ninance NFT
3. Ninance-Swap
4. NFT Staking
5. Community Dao Governance System
6. ERA Token Incentive System

Ninance COO,
Ninance is a comprehensive system platform with a complete ecosystem, supporting multiple Public Blockchains such as BSC and ETH.

Ninance COO,
It provides users with a multi-chain asset exchange platform. Users who hold specific NFTs can obtain community incentives, which will help the growth of platform community users.

Q3: In your opinion, will NFT become a relatively independent industrial ecology in the future?

Ninance COO,
[In reply to Franklin_jax]
In my opinion, NFT will definitely become a relatively independent industrial ecology in the future. There are not many real landing projects in the crypto world, except for Bitcoin, stablecoins and DeFi. One of the directions in which the crypto world has the potential to achieve breakthroughs is NFT.
It can be seen from three aspects. First of all, the attributes of NFT itself are very compatible with the encryption world. There is an opportunity to achieve product and market fit by combining with applications. Second, the overall development of GameFi provides the underlying foundation for it. Third, the rise of NFT transactions also provides support for NFT breakthroughs.
2022 is a year of continued prosperity for NFT. But most of the current NFT products are still transitional content. The field needs a whole new platform that can truly change the future. Therefore, Ninance came into being to help each unique thing get copyright registration, better reflect the value, and more convenient to realize.

Q4: As a DAO-governed NFT aggregation trading platform, what are the specific forms of Ninance’s DAO governance?

Ninance COO,
[In reply to Franklin_jax]
In the Ninance ecosystem, whether artists, industry experts, or ordinary users, are the constituents and builders of Ninance, consumers, and owners. Everyone has the right to participate in the development and governance of Ninance.
ERA does not have any undisclosed offering or fundraising. ERA is publicly circulated through Ninance-NFT’s asset pledge. It belongs entirely to the community.

Q5: How do users get benefits in Ninance?

Ninance COO,
[In reply to Franklin_jax]
Users can obtain benefits by purchasing NFT for staking at N-ERA and purchasing platform tokens.
After purchasing NFT on the Ninance trading platform, users can link their wallets on the N-ERA application interface for NFT staking. Every pledge has a 15-day cycle. After expiration, you can choose to redeem or continue staking within 24 hours. If there is no operation, it will automatically enter the next staking cycle. At present, the annualized income of pledge exceeds 1000%.
If you have any question about this, click on the links for more details

https://support.ninance.io/hc/en-us/articles/4434744796308

https://drive.google.com/file/d/1RHIInGw9vDGlD_qSoLAuO61Hx7rq0gNr/view

At the same time, it is also a good choice to share the N-ERA application with your friends, and you can get rewards from the meta-domain pool.

Q6: Can you introduce the token economy that everyone is more concerned about?

Ninance COO,
[In reply to Franklin_jax]
ERA is a digital asset issued based on BS(BSC). It is Ninance’s incentive Token, which is produced by participating in the N-ERA application.

Token distribution is as follows:

Total: 8,760,000

Contract address: 0xa3a9d092f40d2642b1dbaceb5df6b0c7940f9ab4

98%-Mining pool staking rewards

1%-Ecological construction

0.5%-Platform contributors

0.5%-Future planning and risk reserve
We believe that Token’s economic cycle model is the most basic construction of an ecology. DeFi rules are undoubtedly the key to ecological development. Only when you enjoy the surprises of DeFi while creating and exploring art, will you be recognized by users.

Therefore, we designed an economic model of elastic supply, namely the inflation and deflation circular economy model, and gradually enabled it as needed.

In order to expand the user base, give external users sufficient motivation to become new users, and make existing users willing to contribute positive value to the platform, we designed an inflation model. When the pledge (staking)weight value is less than 5000, the output of ERA Token will increase with the increase of users, which is the foundation for the solid operation of the project.

Based on the consideration of sharing the value of the platform, in order to allow the holders of ERA to enjoy the dividends brought by the growth of platform value and profit, we have designed a deflation model. First, in the production phase, there is a mandatory limit of 5% reduction in production every 60 days. In the deflation stage, 80% of the ERA spent on the platform NFT casting(minting) and upgrading is directly destroyed, which greatly reduces the circulation of ERA.

The elastic supply of ERA brings flexible adjustment of supply and demand, which makes ERA have unlimited room for expectations.

ERA value growth model explanation video:

https://www.youtube.com/watch?v=gp-PEMHSr1I

Q7: Compared with other NFT trading platforms, what advantages does Ninance have?

Ninance COO,
[In reply to Franklin_jax]
From the idea stage, we plan to build a real DAO-governed trading platform relying on NFT, which will bring more benefits to users with new technical concepts and dissemination methods.

1.Provide NFT creators with convenient and non-threshold NFT artwork creation, sales and exploration channels. Everyone can live out their artist dreams and gain their own fans in the Ninance community.

2.Permanently store data by using IPFS technology. It realizes the decentralization of NFT asset ownership confirmation and storage, further reducing the risk of off-chain data being tampered with.

3.Practice the DAO concept of the community, which is also a good start for Ninance platform governance.

Q8: Where can users get the latest news about Ninance?

[In reply to Franklin_jax]
Users can get the latest news of Ninance at the following official website:
Twitter:https://twitter.com/NinanceOfficial

Facebook:https://www.facebook.com/Ninance-211945537515984

Youtube: https://www.youtube.com/channel/UCHU_fMOx9YsN7j0EjMT4i7w

Github:https://github.com/NinanceService

Medium:https://medium.com/@Ninance

Email:support@ninance.io

Reddit:https://www.reddit.com/user/NinanceOfficial

You can also join communities to interact with other users

Discord:https: //discord.com/invite/ATjJae6eyw

Telegram:https://t.me/ninancebase

Q1) Give us the reasons , why should we invest into Your Project ? Do you have any Solid Future Plans ?

Ninance COO,
[In reply to Franklin_jax]
The answer is very simple, because the NFT market will become larger, and in an incremental market, there will not be only one exchange, which is an objective market law. And what Ninance does is a decentralized NFT exchange

Q2) Where and how can I buy your tokens right now? And which wallet platforms support your token?

Ninance COO,
[In reply to Franklin_jax]
0xA3a9D092f40D2642B1dbaceb5Df6B0C7940f9ab4
Network : BSC
The Ninance platform for the token ERA has been launched, supporting all current official releases,On the wallet page, enter ninance.io to open the Ninance DAPP

Q1-Md Somrat Khan,
Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one ?

Ninance COO,
[In reply to Md Somrat Khan]
2.
Yes, you can send your CV to the official support email support@ninance.io

🥃Q2-Coll Dring🥃,
Do you have AUDIT certificates??

or are you working to AUDIT your project, to make it moe secure and reliable ?

Ninance COO,
[In reply to 🥃Coll Dring🥃]
1.
Of course, asset security is the first thing we need to consider. All 29 contracts on the Ninance platform have passed the international first-line contract audit. Here is the audit query linkhttps://solidity.finance/audits/Ninance/

Q3-M,
Q.)).can you tell ME??Where Can I buy your i Token? Can it be available on any exchange? Do you have semi-private and semi-public events?

Ninance COO,
[In reply to M]
3.
0xA3a9D092f40D2642B1dbaceb5Df6B0C7940f9ab4
Network : BSC
The Ninance platform for the token ERA has been launched,No, and,all Ninance activities are public

Ninance COO,
[In reply to Franklin_jax]
I am very happy with everyone tonight, join our community and follow more project information

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