In some ways, NFTs are similar to Bitcoins and other cryptocurrencies, except, of course, they are non-fungible and non-divisible. The first NFTs were part of the Ethereum blockchain, which stores extra electronic information to distinguish their uniqueness. Other blockchains now also facilitate NTFs. Because of the differing blockchain technology behind particular NFTs, not all NFT marketplaces buy and sell all types of NFT. Creators will often select an NFT marketplace based on whether that marketplace supports a specific NFC token standard. Ethereum has released two standards now: ERC-721 and ERC-1155. Competitor, Binance, has since released standards BEP-721 and BEP-1155. The two "1155" standards differ from the original "721" standards because they allow multiple NFTs to be bunched and transacted together. ![1_LRyWRUhhcJzWjdRdHILW_Q (1).jpeg](https://cdn.steemitimages.com/DQmSWqsKp7aaqYLPmZ43QVibenW3wHFZuXyLHGPRYX9PiP6/1_LRyWRUhhcJzWjdRdHILW_Q%20(1).jpeg) About Xircus Xircus is the world’s first multi-chain gamified DAO platform that allows users to create and deploy custom NFT marketplaces. In a few easy steps, Xircus users can create and launch a personalised NFT trading platform absolutely free of cost. A powerful, unique, and automated tool that empowers artists, influencers, content creators, collectors, and brands by allowing them to create a personalised NFT marketplace, Xircus is a pan-dimensional gateway to the world of non-fungible digital assets. Our decentralized software as a service (DSaaS) model makes the platform accessible to all. It is the easy, secure, time-efficient, and cost-less way to develop a personal market for your NFTs. ![1_bayJlgfZtvGq4JMu-uNtsQ.png](https://cdn.steemitimages.com/DQmXsxHY34sdXv3J1deJxSfjoXz9E5vxaUCBzfpEyZCYFgj/1_bayJlgfZtvGq4JMu-uNtsQ.png) A Non-Fungible Token (NFT) is perhaps the most potent use case of blockchain technology. NFTs are unique because they offer the unbreachable leak-proof security layer to confirm the originality of digital assets they represent. Though the market for NFTs is nascent, the demand has been growing exponentially. Top NFT marketplaces have witnessed billions in trade. As the market grows so does the competition. Traditional or first-generation NFT marketplaces are a facilitator and not a full-proof solution. The idea behind Xircus has been to create an ultimate solution that empowers individual artists, influencers and collectors, by giving them the control that comes with the power to create their own NFT marketplaces. Features of Xircus PLATFORM * Anti-copycats mechanism * Anti-Whale dumping mechanism * NFTs Marketplace Creation * Passive income for XMT holders * NFT Permanence Solution for METADATA and VIDEO Files * Cross Chain Ability WHITEPAPER
XIRCUS Token (XMT) XMT is the native digital currency of the XIRCUS marketplace. It is an BEP20 token on the Binance smart chain and will be the leading currency for all transactions on the XIRCUS ecosystem. ![0_b9S83X6ifP4EUrev.png](https://cdn.steemitimages.com/DQmStTbS6MWSJjAsGaNCxHDJ6KPYNTH4NfKVduCwMT69w4D/0_b9S83X6ifP4EUrev.png) Development updates Improving the UI Deployer Studio Six-step Deployment Wizard ![1_xEGjVP4uuTf3iNLLmS7ZOg (1).png](https://cdn.steemitimages.com/DQmU8jNQjXjT1asLVWorwph19qUvp7Kn4fKtYhYDjZk14T8/1_xEGjVP4uuTf3iNLLmS7ZOg%20(1).png) Xircus will earn 25% of mint fee and transaction fee for every NFT item from all independent NFT marketplaces deployed. Imagine for every 1 million NFT item minted monthly, the platform earns $250,000. 10% of profit is sent to staking pools for $XIRCUS and $XMT. That’s the reason why we vested our tokens for 2 years with 8 months cliff because the platform itself is already REVENUE GENERATING MACHINE. Here’s the great opportunity for EVERYONE, both CRYPTO AND NON-CRYPTO USERS Here in XIRCUS, you will earn in PERPETUITY if you are a RINGMASTER or AMBASSADOR or XIRCUS TOKEN HOLDER SUMARRY Multi-Token — Xircus allows you to add multiple tokens as payment tokens for minting and purchasing NFT items. The payment tokens can be created by you (ERC20/BEP20) or created by others like GRT, SAFEMOON and more. That’s the reason why Xircus will excel in the future because it will bring all tokens to utility. Just imagine SafeMoon community minting their NFT items using their own token on a Xircus powered marketplace — that will be a HUGE!!!! WEBSITE | WHITEPAPER | TWITTER |GITHUB|FACEBOOK|YOUTUBE|TELEGRAM|LINKEDIN| Author: Forum Username: menhamau521 ETH (BEP20 - BSC - Binance Smart chain) : 0xB5950E7240d375143b9Fb93035524a5480dFd070 #xircusnft #nft #BSC #BinanceSmartChain #Binance #PancakeSwap #DeFi #Bitcoin #cryptocurrency #blockchain