$ 0.00 USD
$ 0.00 USD
$ 0.00 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
0.00 0.00 DROPS
Issue Time
2021-04-21
Platform pertained to
--
Current price
0.00
Market Cap
$0.00USD
Volume of Transaction
24h
$0.00USD
Circulating supply
0.00DROPS
Volume of Transaction
7d
$0.00USD
Change
24h
0.00%
Number of Markets
Current Rate0
0.00USD
WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
3H
0.00%
1D
0.00%
1W
0.00%
1M
0.00%
1Y
0.00%
All
0.00%
In the burgeoning realm of cryptocurrency, DROPS emerges as a distinct asset, intricately linked to the Drops NFT platform. This platform, leveraging the Polygon solution, offers a versatile suite of functionalities, including lending, staking, and the fractionalization of NFTs. Envisioned as a bridge between the worlds of non-fungible tokens (NFTs) and decentralized finance (DeFi), the Drops platform aims to transform NFTs into liquid ERC-20 tokens tradable on decentralized exchanges through the dNFT protocol.
The native token of the Drops ecosystem, DROPS, serves as the lifeblood for payment and services within the platform and stands as the cornerstone of its governance and incentive mechanisms. Holders of the DROPS token have the opportunity to earn rewards or influence the platform's development through staking, liquidity provision, or governance participation. Moreover, the introduction of veDOP for voting and NDR NFTs enriches the utility and governance engagement of the token.
Having garnered the attention of venture capitals such as Axia8 Ventures, AU21, and Bitscale Capital, and partnering with notable projects like Polygon and Polkastarter, Drops signifies its potential and recognition in the convergence of NFTs and DeFi.
However, investing in cryptocurrencies, including DROPS, is not devoid of risks. Market volatility, regulatory shifts, and technological advancements can all exert influence on the token's value and utility. Thus, for those considering an investment in DROPS, comprehensive market research and risk assessment are imperative.
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