Introduction of Refinable network and FINE token; A platform for managing NFTs
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Hi everyone.
Irreplaceable tokens are known as one of the most attractive applications of cryptocurrencies.
In 2021, with more than a few record-breaking NFT sales, this claim seems to be true.
What is a Refinable Network?
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Blockchain in general has experienced several major technological trends in the last decade, from the advent of bitcoin to the emergence of other blockchain platforms and the recent influx of decentralized finance projects.
However, none of these trends have attracted the attention and attention of ordinary people like irreplaceable tokens.
Given that Bitcoin has challenged the concept of money existence, NFTs are now trying to challenge the basic concept of ownership.
Now the Refinable network and the FINE token have come to address some of the challenges in this area.
The Refinable Network, the first major hub of non-exchangeable tokens launched on the Bainance Smart Network (BSC), is an easy platform to create, discover, trade and use any digital content in the blockchain.
The Refinable project team believes that a simple platform for NFT should be provided for all users. This means that a new generation platform will be available to users that can support billions of users in the activities of this new field, and this is just the beginning.
By creating a comprehensive market, Refinable wants to become the definitive hub (hub) of NFTs in Binance Smart chain, allowing developers to create their own tokens and deliver them to users.
This program seeks to provide a solution to the four main stages of NFT, namely: manufacturing, distribution, discovery and use.
What is the use of Refinable network?
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Through the Refinable network, developers can easily turn their content into tokens and make it available to users through various mechanisms such as auctions, gifts and royalties.
On the other hand, users can find and invest in a wide range of non-exchangeable tokens and then increase their portfolio value using their portfolio and through the wider DeFi space.
Like most blockchain-based platforms, the Refinable network has a native application token called the FINE token.
How does the Refinable network work?
By simplifying the steps, it allows builders and users of the NFT domain to easily interact visually through a decentralized platform through which users can navigate through a wide variety of unique tokens, including artists, models. And search for your favorite hobbies.
The platform is designed to allow manufacturers to launch their NFT tokens without any coding experience, while minimizing fees and commissions and ultimately helping to increase acceptance by individual industry builders.
Currently, Refinable is halfway through its development roadmap.
The project support team plans to launch NFT token creation and trading features in the second quarter of 2021 (spring and summer) and expects to offer social, airdrop and governance features in the next quarter.
Introducing the FINE token
In order to properly align the motivations of users, stakeholders and participants in the network, the Refinable network will use a native tool, the FINE token, as its main economic tool.
As a FINE token holder, you will have unlimited access to the Refinable platform as well as many of the benefits of FINE holders.
Concluding remarks
In this article, I introduced the Refinable network, which is one of the new platforms in the field of NFTs.
The goal of this DeFi platform is to create an easy platform for creating and buying and selling irreplaceable tokens.
The reduction of fees and commissions usually during the construction of NFTs is another distinguishing feature of the Refinable network compared to its competitors.
The FINE token is the application currency code of this platform, which is publicly distributed in the community and can be traded using the decentralized exchange Pancakeswap.
Sincerely, @hosseinrad
