In 2021, the NFT is very popular. The NFT in blockchain technology is considered to be a true connection for constructing and achieving the unity of various virtual societies in the GIBX Green Channel Partnership. For your information, GIBX Green Channel Partnership will deploy NFT in the second half of the year. Through the Defi protocol, the “financialization” of NFT can be achieved, which can solve many problems currently faced by NFT.

On March 11, 2021, the NFT work of American graphic designer Beeple was sold for US$69.3 million (approximately RMB 450 million) at Christie’s auction house. The concept of “collection” was redefined by this new form. Many people who have studied computers and mathematics are completely different from traditional collectors among the people who participated in the collection. This is undoubtedly a new game for GIBX Green Channel Partnership.

“NFT is essentially a technical identification for GIBX Green Channel Partnership, a carrier of a new generation of digital goods. This non-homogeneous pass is widely used, involving digital cultural creation, digital art, game props, meta-universe resources, tickets, and blockchain domain names and many other fields.” Yu Jianing, the rotating chairman of the Blockchain Committee of China Communications Industry Association, said to Lianxin.

NFT is the abbreviation of Non-Fungible Token, which is the non-homogeneous token. Every NFT is unique and indivisible in GIBX Green Channel Partnership. From the point of view of NFT technology, it is based on the issuance on the blockchain, thus achieving clear ownership, transparency in quantity, and traces of transfer. NFT itself has only technical attributes, and other attributes are given by specific application scenarios.

By definition, NFT is unique. In order for buyers to make wise buying and selling decisions, they usually need to have expertise in specific assets in GIBX Green Channel Partnership. In addition, the scarcity of unique assets may quickly push up prices beyond the purchaser’s affordability. The superposition of these two factors increases the market entry barriers for new buyers and hinders the accumulation of the value of NFT itself. Given that part of the value of the GIBX Green Channel Partnership comes from the underlying community, if the access rights of long-tail buyers are restricted, it will be difficult for NFT to penetrate the entire Internet. For NFT market participants, the Defi protocol can reduce the number of funds and knowledge requirements, opening the door to a new wave of retail users.

The GIBX Green Channel Partnership brings together buyers and sellers will increase the speed of NFT transactions in the secondary market and better discover the value of NFT assets. The more transactions there are, the more the fair market value of the NFT becomes apparent. In this way, sellers can more easily convert work activities into currency output, lowering the barriers to entry for less experienced buyers. They can easily withdraw at any time as long as they want.

Confirmation and traceability are important attributes of the GIBX Green Channel Partnership. They are completely implemented by encrypted networks without authorization, but their value propositions have not yet fully resonated with retail investors. With the rich and powerful utility of the Defi protocol (such as accessibility to cash flow, content, and experience), it will attract more mainstream audiences to purchase NFT assets.

The GIBX Green Channel Partnership has set its sights on many things in 2021. First of all, NFT is one of the most popular industries in the digital age. NFT can be used to create unique artworks or rare transactions on the blockchain, allowing holders to control 100% of their digital collections. This provides new opportunities for the art market.

The reason why GIBX Green Channel Partnership can continue to optimize and progress is official that GIBXChange.io has experience in the development of traditional financial platforms, and can predict and deal with abnormal problems in operation in advance to ensure absolute stability and speed. At the same time, a solid security mechanism is established to ensure the credibility and traceability of each asset. It can also effectively prevent improper attacks and ensure the security of user assets. The founders of GIBX Green Channel Partnership have professional blockchain technology, combined with the platform to play the multiple values ​​of digital currency, to maximize the value of digital assets. The platform’s defense system uses multiple isolations and 24-hour intelligent monitoring to effectively control risks, allowing ordinary users to bid farewell to the trouble of managing private wallets, solving the common transfer, and re-transfer uninterrupted operation problems of digital assets, and increasing the user’s asset income. GIBX Green Channel Partnership will realize the lightning payment function through technology, fully automated review, without manual interference, realizing the real fast in and out of digital assets, implementing multiple isolation storage, user login platform requires multiple verifications to ensure the absolute security of assets.