NFTs will be the next evolutionary step of crypto tokens. Similar to cryptos, NFTs were initially undervalued.
They were majorly used as tokens for the rare collectibles sales. However, following the NFTs’ success with other comparable assets, the attention of many people has been drawn to these digital assets.
Many individuals, celebrities, and organizations are rushing into the NFT space to create their collections and announce that they are part of the future of fintech. This is because NFTs have become a more coveted mark in the modern world with the progression still being updated. Numerous NFT collections continue to spring up, with each developer seeking to gain market dominance.
You can also own or trade NFTs and make money in various communities, such as the Hexgo NFT. Hexgo is an exclusive and private collection of 10,000 NFT cards built on the Ethereum blockchain, an industry-leading ERC-721 token. Hexgo is the first and only NFT project to gift 50% of all sales royalties to the members in a registered NFT giveaway contest. The Hexgo NFT membership and rewards card also gives members exclusive access to the Hexgo vault, heavy-duty utilities, and incredible rewards, affording members a lucrative return on investment.
Hexgo is also the first NFT project to tackle all concerns in the NFT industry, including scams, rug pulls, and pump and dumps. It’s no news that the NFT space, just like cryptocurrencies, is an unregulated market. This loophole leaves unsuspecting traders vulnerable to a scam. Some of the common NFTs scams include OpenSea, NFT Ponzi schemes, and NFT art finance scams, among other existing forms of fraud. Fortunately, the Hexgo team has nipped this in the bud, allowing you the much-needed safety to venture into this space.
Most NFT’s biggest challenge was providing members with real utility value. The team’s research discovered that; over 95% of NFT projects fail due to a lack of proper market understanding and realization that there was a way to create something better. To overcome this, the Hexgo team tackled all the concerns in the NFT industry, creating a much more reasonable way to solve this and subsequent problems. After many months of careful NFT analysis, Hexgo came up with the perfect NFT project designed to disrupt the NFT industry.An innovative and unique NFT project designed to scale into the future of crypto and the metaverse. As a result, the Hexgo NFT is built for non-stop action and longevity. This innovation implies that it is one of the most flexible and adaptable NFTs. Given the team’s innovation and foresight, Hexgo vault cards and business models were created to never go out of style or be replicated. It’s the first of its kind, and it’s here to stay and excel in the NFT industry. Mike Fraleigh said the number #1 focus is to make sure Hexgo holds the number one blue-chip utility NFT sport.