It’s no doubt that NFT has taken the world by storm, and it has been massively adopted in the art industry.
Public interest in Non-fungible tokens over the past few years has been nothing short of a great explosion, and this is because of the freedom it gives to artists and also its removal of duplication or theft of digital/ physical assets through tokenization in the blockchain.
Due to this escalation, many NFT projects have been launched, including NFT marketplaces that foster the buying, selling, and minting of NFTs.
Nzvedaz Big Five Token, the native token of Nzvedaz Marketplace, an NFT platform that will enable buying and selling of tokenized digital arts; which poses itself as the NFT marketplace for Africa has been trending across the African continent, most especially in South Africa.
This article will look into the token overview, and the NFT marketplace. If you’ve been eager to know more about the ecosystem and also the Nzvedaz Big Five Token price prediction, you should have a read.
What Is Nzvedaz Big Five NFT Marketplace
Before we dive into the overview of Nzvedaz Big Five tokens, it’s essential to understand the product which is – Nzvedaz Big Five marketplace.
According to the information provided on the website, the Nzvedaz Big Five marketplace aims to be the first NFT marketplace in Africa that will also introduce a wide range of African artists to the possibility of Non-fungible tokens.
The project also aspires to expose African arts to the world by bringing in many exclusive arts and artifacts that were created by prominent African artists from different industries such as artists, musicians, dancers, actors, painters, etc.
However, It also aims to onboard new African artists who want to get their works to a wider audience.
Nzvedaz Big Five marketplace believes that African artists have long been deprived of the benefits and shares of the multi-billion dollar industry.
According to the website, It’s a fact that a lot of African art and artefacts were stolen from African countries and are currently being displayed in European museums. The artists who produced the works have never been compensated.
This NFT marketplace built on Binance Smart Chain will ensure that ownership of art or artefacts benefits from the security of blockchain.
Nzvedaz Big Five NFT Platform aims to equalize the art market, especially for African Artists by offering a platform in which they can mint/digitize and monetize their art.
Nzvedaz Big Five Token
Every project built on blockchain always has its utility or native token, so it is with the Nzvedaz Big Five project.
Nzvedaz Big Five Token is the utility token of the Nzvedaz Big Five marketplace, a bep-20 token that would be used to purchase anything on the platform such as NFT arts.
The token will be used to pay fees in the marketplace and also, and it is the major token that will be used to provide liquidity within the ecosystem, it has a total supply of 100,000,000,000 BFT.
Nzvedaz Big Five Token Price
Nzvedaz Big Five Token price at the time of this writing is $0.0007822, and it has decreased by almost 0.3% within 24 hours.
In the last 24 hours, according to Coinmarketcap, it has reached the price of $0.0008774 and has plummeted to a low price of $0.0007311.
The token started from a market cap of below $5M and it’s currently at $71,464,788.71 market capitalization. Nzvedaz Big Five Token ATH (All-Time-High) is $0.000935.
Nzvedaz Big Five Token Price Prediction
Since its launch, the token has accrued a huge ROI for investors and it continues to smash a new ATH, thus, many existing and prospective investors have wanted to know the Nzvedaz Big Five Token price prediction to sense the next direction of the token.
However, the predictions might not be accurate as it’s only based on the Nzvedaz Big Five Token past performance and the community interest in the launch of the Marketplace, and most especially the token.
Nzvedaz Big Five Token price prediction in 2022 is bullish as the token is expected to break the $0.001 price barrier owing to the excitement of the community about the NFT marketplace launch.
In 2023, Nzvedaz Big Five Tokens might stay at the minimum price of $0.0017 and probably break the $0.002 price range if the marketplace launches successfully and is widely adopted by artists.
Nzvedaz Big Five Token might reach $0.015 to $0.02 in 2024 and beyond.
Nzvedaz Big Five Token Contract Address
Below is the official Nzvedaz Big Five Token contract address.
Nzvedaz Big Five Token has continued to gain more interest across Africa, and according to use cases and products presented in the whitepaper, it’s good to say that the high interest in Nzvedaz Big Five Token will continue to grow.
Nzvedaz Big Five Project aims to make Africa the builder in the blockchain space instead of the consumer.