By This article explains what CNFT is. You will gain useful information about CNFT, how to invest in it and how it works by reading this article. Then, if you are interested in non-fungible tokens, read this article carefully.
Ethereum is the main ecosystem that users use to buy, sell and trade NFTs. But aside from the over-the-chart transaction fees on the network, the NFTs that exist on Ethereum are also extremely expensive. Therefore, crypto users that are interested in purchasing and investing in NFTs will look at CNFTs like it is a gold mine.
But what exactly is the CNFT? If the CNFTs aren’t on the Ethereum mainnet, where are they? And how can you invest in CNFT? Plus, the last section of this article will also introduce CNFT analytics and CNFT calendar.
CNFT calendar is a tool that will let you know the exact date and time of a CNFT drop. Use this tool to never be left behind by new CNFTs that come to market.
CNFT analytics is a tool specifically designed to analyze the CNFTs marketplace as a whole. The CNFT analytics also analyses each CNFT individually. All you need to do is to search your CNFT by ID.
What is CNFT Cardano?
CNFTs are NFTs that are a part of the Cardano ecosystem instead of being on Ethereum. The CNFTs have some pros and are better for users in some ways. If you compare a CNFT to an NFT that exists on ERC721, you will see that Cardano has some cool features.
Cardano has started the CNFT section just recently. Therefore, the CNFTs haven’t yet had enough time to gain the attention they deserve. Unlike Ethereum NFTs that have been around the market for so many years.
What are some benefits of CNFTs?
For one, CNFTs are directly integrated into the Cardano ledger. Ethereum has a different smart contract for minting and maintaining non-fungible tokens. Cardano on the other hand, mint the NFTs right into its main network. Therefore, developers have an easier time integrating CNFTs into their applications or games.
Another main benefit of CNFTs is that the Cardano network has a very low transaction fee compared to Ethereum. Therefore, you will be paying extremely lower rates for transaction fees when you purchase an NFT.
When did CNFT go live?
CNFT first started and went live on July 26, 2021. It started its NFT marketplace with a soft launch. Then, the designers and artists were able to use CNFT to upload and mint their projects.
Another benefit of buying Cardano NFTs is that they are in their early days. Imagine investing in the Bored Apes or other popular NFT collections from the early days. Then, investing in CNFTs can be extremely profitable for you as an investor. Therefore, investing in CNFTs can make you hundreds of thousands of dollars, if you pick the right projects to invest in.
How Can I invest in CNFT io?
This section of the article will explain how to purchase CNFTs on CNFT.io. Then, read this section to learn how to buy CNFTs, and also about two tools that can help you invest in CNFTs.
So, to begin purchasing CNFT you need to visit CNFT.io first. Then, head down to CNFT.io and let’s invest in CNFTs.
When you visit CNFT.io you will probably see something like this. Although, the top-ranked NFTs change after some time. Therefore, you may be seeing different CNFT projects.
We want to check out the Boss Cat Rocket Club. Then, tap on the Boss Cat, and let’s begin.
When you tap on the CNFT, that specific CNFT page will open that contains a lot of information about that NFT. Such as the sold amount in Cardano, the floor price, etc.
To invest in CNFT, tap on one. Then choose to buy now to start purchasing that CNFT. Then, a page will open up asking you to connect your wallet to the platform.
- Choose your wallet and connect it.
- Then, you are all set to purchase that NFT.
CNFT calendar and CNFT analytics:
CNFT calendar is a tool that helps you know the time of NFT drops on CNFT io. Using the CNFT calendar users can be prepared to purchase their desired NFTs.
As you can see, the CNFT calendar is a platform that introduces new CNFT drops with their dropping date. Then, you can use the CNFT calendar to keep up with what is going on in the market.
CNFT analytics is a platform that users can use to analyze CNFTs. Using CNFT analytics users can analyze the CNFT marketplace as a whole, and also check them out individually.
On the top side of the screen, there is a search bar. Then, you can use that search bar to look for a certain project, collectibles, etc. Therefore, CNFT analytics can be extremely helpful for you if you are interested in non-fungible tokens.
Q&A
Is CNFT a good investment?
CNFTs are non-fungible tokens that exist on the Cardano main network. The CNFT has a lot of benefits compared to NFTs that are on Ethereum ERC-721. They are also in the early stages. Then, it can be a good idea for you to invest in CNFTs.
CNFT analytics is a platform that users can use to analyze CNFTs. Using CNFT analytics users can analyze the CNFT marketplace as a whole, and also check them out individually.
On the top side of the screen, there is a search bar. Then, you can use that search bar to look for a certain project, collectibles, etc. Therefore, CNFT analytics can be extremely helpful for you if you are interested in non-fungible tokens.
