Pairdot Launches the First-Ever Environmentally Friendly and Mobile NFT Application
*CAMPBELL, CA / ACCESSWIRE / June 16, 2021 / *In recognition of the power of non-fungible tokens and armed with the goal of addressing the issues that come hand in hand with these cryptographic assets, Pairdot has launched an environmentally friendly mobile application designed to give the best user experience possible. With its signature features, the app allows the everyday user to purchase NFTs with a credit card or cryptocurrency.
Over the years, the cryptocurrency and digital asset industry have revolutionized how people approached the economic realm. Today, the field is expected to expand even more dramatically. Among those that have risen in popularity recently are NFTs, which stand for non-fungible tokens. Sold and purchased like any other piece of property, these are considered as one-of-a-kind assets that serve as certificates of ownership for a particular physical or virtual entity. Currently, it is growing in renown among creators wishing to monetize their online-based creative works, standing as the solution to the problem that many established artists face-a lack of additional revenue after launching their works of art online because they could easily be copied and distributed.
While the utility of NFTs is massively impressive, some have found the experience of dealing with traditional NFTs as cumbersome. By launching its platform, Pairdot hopes to hit numerous stones.
"Not only are traditional NFTs harmful to the environment, but Ethereum transaction fees are costly when minting them and creating marketplaces. Not to mention that the difficult nature of using crypto wallets to authorize and store NFTs are fragile and could be a barrier for a lot of great artists who are not crypto-savvy," Rafay Choudhury, the founder and strategic mind behind this promising application shared, tackling the token's handful of weaknesses.
Highly cognizant of the current gaps, Pairdot offers a platform dedicated to providing users with the best experience possible. Through the application, people can create an NFT for free within the first few seconds of visiting the page, even without connecting one's crypto wallet. Boasting a mobile-friendly design, this game-changer uses the Filecoin crypto network-proof-of-space crypto that is inching towards becoming the backbone for web 3.0 architecture-to create non-fungible tokens. Additionally, it utilizes IPFS, also known as Interplanetary File System, and Filecoin to deliver a unique user experience.
Quickly after its launch, Pairdot managed to capture the attention of a few dozen beta users. In one week, over eighty NFTs were created, demonstrating the potential of the app. So far, the purpose-driven platform has astounded countless individuals not only for its features but also for its commitment to helping underrated artists. Its upcoming program, Pairdot Music Exchange, aims to transform a musician's streaming statistics into a stock exchange model and motivate listeners to look for unheard artists whose growth pattern shows that they could dominate the industry one day. Imagine having NFT stocks from an unknown Drake in 2008 and what the return on investment would be worth today. Artists can raise funds and gain new traffic while consumers receive a royalty percentage for doing so.
Despite being newly launched, Pairdot is already racking up numerous achievements and earning recognitions under its belt. As the first environmentally friendly, free, and completely mobile NFT app, it is bound to reach greater heights in the future.
Learn more about Pairdot by visiting its website, Instagram, or Twitter page.
Company: Pairdot
General Email: info@pairdot.com
Investment Interest: invest@pairdot.com
Website: www.pairdot.com
*SOURCE: *Pairdot
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