$0.0000002385
+0.000000000784 (+0.33%)24H
APENFT price, last 12 months
0.00000041620.00000023850.0000002312
APENFT market data
- 24H High
- $0.0000002406
- 24H Low
- $0.0000002357
- 24H Volume
- 195.58B NFT
- All Time High
- $0.000007896
- All Time Low
- $0.0000002277
- Correlation with BTC
- 0.09
- Return on Investment
- -87.53%
- Market Cap
- $235.51M
About APENFT
APENFT was officially registered in Singapore on March 29, 2021 to meet opportunities and address pain points in the industry.Core businesses of APENFT include: investing in top NFT platforms and artworks, incubating leading NFT artists to build a bridge between world-class artists and the NFT world; sponsoring galleries, organizing art exhibitions or publications, and setting up awards to support art creation and criticism; establishing art collections, etc.By applying blockchain technology into the NFT world, APENFT Fund expands the use cases of blockchain. The Fund purchases well-known traditional and NFT artworks as underlying assets, and works to improve the NFT trading standard. It provides support to government agencies, universities, lawyers and industry elites in issuing policies that govern the healthy development of the industry.There are now three major use cases in the blockchain industry, namely value exchange, collaboration, and record-keeping. The unique NFT fits in all three of the use cases. It is not only a hot trend in the blockchain industry but also a critical element that is very likely to revolutionize the industry and take it to the next level. As a blockchain enterprise, APENFT will invest in artworks and promote traditional and digital art by leveraging its strengths in technology, market, industry and policy research, with the aim of introducing blockchain into diverse use cases.
APENFT on-chain holders
Holding Amount
Distribution of addresses by the amount of tokens held.
- 0-1K99.32%
- 1K-100K0.68%
- 100K+0.00%
Time Held
Distribution of addresses by how long tokens have been held.
- Cruisers19.16%
- Holders77.60%
- Traders3.23%
Whale Holdings
Percentage of tokens held by whale addresses vs others.
- Others69.91%
- Whales30.09%
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APENFT whitepaper summary
APENFT aims to make art accessible to everyone by registering world-class artworks as NFTs on blockchain.
The project bridges traditional art with blockchain technology, solving issues like artwork authenticity, ownership tracking, and fair trading.
Think of it as bringing famous paintings and digital art into the crypto world, making them easier to buy, sell, and verify.
Since its inception, APENFT has expanded its ecosystem to include partnerships with major art institutions and galleries worldwide.
APENFT uses two major blockchain platforms - Ethereum and TRON - to turn artworks into unique digital tokens.
Imagine it like creating a digital certificate of authenticity for each artwork, but instead of paper, it lives on the blockchain where it can't be forged or tampered with.
The project uses something called BTFS (BitTorrent File System) to store all the artwork information permanently.
This is like having a super-secure digital warehouse that keeps track of every detail about each artwork.
When an artwork becomes an NFT through APENFT, it gets a special digital tag (called ERC-721/TRC-721 token) that proves its authenticity.
Think of it like a digital signature that can't be copied.
The system makes buying and selling art more transparent and secure.
Instead of relying on experts to verify if an artwork is real, anyone can check its history and ownership on the blockchain, just like looking up transactions in your bank account.
Recent technological upgrades have introduced enhanced security features and improved cross-chain compatibility, making it easier to trade NFTs across different blockchain networks.
APENFT has its own token called NFT, which works like a membership card for the platform.
The total supply remains at 999,990,000,000,000 NFT tokens as outlined in the whitepaper, with updated allocation distributions reflecting market dynamics:
30% goes to artist partners, 19% for DeFi rewards, 19% for the team (with extended vesting periods), 20% for buying NFT works, and the rest for various partnerships and ecosystem development.
Holders of NFT tokens can participate in important decisions about the platform through an enhanced governance system, including voting on artwork acquisitions, platform upgrades, and community initiatives.
The project has expanded its reward mechanisms to include staking rewards, yield farming opportunities, and exclusive access to high-profile NFT drops.
The platform now also features a burn mechanism to manage token supply and support long-term value.
Think of it like earning points for being an active member of an art club, but these points have real value and increasing utility within the growing APENFT ecosystem.
APENFT's journey is planned in four main phases, with several milestones already achieved.
First, they've completed building the basic infrastructure - including the technical systems to create and manage NFTs.
The second phase has seen successful token listings on major exchanges and improved trading mechanisms.
The third phase is currently underway, focusing on expanding their collection through partnerships with renowned artists and institutions.
They've already secured several high-profile collaborations and celebrity NFT launches.
The final phase continues to evolve, aiming to become a key player in the digital world.
This now includes metaverse integration, cross-platform compatibility, and real-world utility for NFT holders.
Think of it like building a digital museum that keeps growing and adding new features, while constantly adapting to emerging technologies and market trends.
The project is led by Steve Z. Liu, who brings over 20 years of experience in international finance from companies like Fidelity International and Ant Financial Group.
The team has expanded to include additional experts from famous auction houses like Christie's and Sotheby's, bringing traditional art world expertise to the crypto space.
They've strengthened their technical team with blockchain engineers from major tech companies and added advisors from leading NFT platforms.
The team continues to grow with specialists in digital art curation, smart contract development, and community management.
Recent additions include experts in metaverse development and cross-chain technology, reinforcing their commitment to innovation in the digital art space.
APENFT FAQ
APENFT (NFT) is trading at $0.0000002385, up 0.33% over the last 24 hours.
The market cap of APENFT is $235.51M, ranking #125 among cryptocurrencies.
On the daily chart NFT currently shows 0 buy signals and 4 sell signals. This is not investment advice.
The all-time high of NFT is $0.000007896.
This page is for informational purposes only and is not investment advice. Cryptocurrency prices are highly volatile.