Step into the future of NFTs with a unique initiative from bitsCrunch that combines the power of decentralization and active community participation for a safer NFT market. [Cointelegraph Acceleration]
In a digital world, companies, organizations and influencers are leveraging the latest technologies and practices to get closer to their communities in a more direct way. Digital tokens andBlockchain-based tokens, especially NFTs, can be used to create new experiences to drive
Previously, initial coin offerings were the first choice to build communities around blockchain projects. However, the BitsCrunch’s decentralized network is still under development. It will address the challenges of NFT sales data analysis by collecting and enriching data using advanced computational and AI algorithms linked to on-chain and off-chain resources. The community-driven network will accept contributions from developers willing to add functionality to the algorithms. By providing reliable statistics, accurate pricing and fraud detection, the network helps NFT users make informed decisions.
To compensate participants, bitsCrunch will distribute 1% of its token supply as testnet rewards, paid in the native token BCUT. Planned as a multi-year initiative with several phases, bitsCrunch will allocate a portion of the 1% token supply to each phase as a reward. The team expects that this approach will encourage engagement and a higher level of interaction between bitsCrunch, its community and its customers.
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