What if trading NFTs would be like trading stocks?
NFTs, or non-fungible tokens, have become increasingly popular in recent years. These digital tokens are unique and cannot be replicated, making them valuable to collectors and investors alike. NFTs have been used to sell everything from digital artwork to tweets, and their popularity shows no signs of slowing down.
One reason for the popularity of NFTs is the rise of blockchain technology. NFTs are built on blockchain, which provides a secure and transparent way to track ownership and transfer of digital assets. This has made it possible to create a market for digital assets that was previously impossible.
Another reason for the popularity of NFTs is the boom in the cryptocurrency market. Many investors have turned to NFTs as a way to diversify their crypto portfolios and take advantage of the growing interest in digital assets.
Finally, the unique nature of NFTs has made them popular among collectors and enthusiasts. NFTs offer a way to own a piece of digital history, whether it's a famous tweet, a rare artwork, or a collectible card game.
Overall, the popularity of NFTs is driven by a combination of factors, including the rise of blockchain technology, the boom in the cryptocurrency market, and the unique nature of digital assets. As more and more people become interested in the potential of blockchain and the world of digital assets, it seems likely that the popularity of NFTs will only continue to grow in the coming years.
One issue is that not all NFT marketplaces are transparent, and scams can occur. Some NFTs may not be as valuable as they appear, and buyers may not always be aware of what they are purchasing. Additionally, the environmental impact of NFTs has been a concern, as the energy consumption required to create and trade NFTs can be significant. These problems have led to debates within the art and tech communities about the ethics of NFTs and the need for more regulation and transparency in the market.
Making trading NFTs simple, transparent and healthy.
The platform experience of Devision empowers people to trade NFTs as transparently as if they would be with stocks. Customers can see NFTs and use different features to bid in order to acquire them. Devision leverages powerful finance and investment tools to make NFT trading trustworthy and secure. One of the key characteristic is the ability to investigate price perfoamance over time. This way buyers can explore how an asset has performed in the past and predict future progress.
By introducing common tools for investors trading NFTs is upgraded from a volatile market and overreactions to a reliable asset trading.
Embrading the art and visual identity: content first.
The platforms experience put the content and finance tools in the center. The visual look is changing with the colour of the platform and layouts allows for easy ways to scale up and down technical investor tools. That way the cognitive load of the users remains low and focused on the most relevant information and the experience feels simple yet fast and dynamic. In addition CTAs and elements of the platform are designed in a way to overcome technical friction points in an easy way and allow visitors on the platform to get insights before creating a profile. Further the ability to set favourites allows for a experience that fosters retention and ultimately the journey is designed to create trust for investors and conversion and reach for creators.