Pros Finance enters the NFT market
Pros Finance is a financial ecology based on DeFi. Pros Chain itself has high TPS and extremely low transaction fees to support cross-chain exchanges of various currencies. It is worth mentioning that Pros Chain introduces a sharding scheme, and each shard is an independent The chain supports up to 800 sub-chains, and the supported TPS scale is 1,000 times that of Ethereum. So naturally, Pros Chain can achieve better cross-chain connectivity, which also lays a good foundation for Pros Chain to develop DeFi. The future ecology of Pros Chain will cover multiple fields such as flexible stablecoins, DEX, lending, and cross-chain bridges.
Pros Swap scenarios will include transactions, pledge pools, flash swaps, liquidity mining pools, Lottery, NFT, IDO (financing sector), lending, cross-chain asset bridges, etc. Pros Swap straddles the two ecosystems of BSC and Polkadot, and may continue to attract over-users from the two ecosystems to participate.
Especially the NFT sector is the focus of Pros Swap's layout. As a non-homogeneous asset, NFT is characterized by the uniqueness and uniqueness of each token. Based on this, NFT will be effective in many fields, such as the most extensive game field and art field for NFT at this stage. Christie’s first auction of NFT artworks worth millions of dollars. In addition to artworks, NFTs also have great potential and market in areas such as asset confirmation. Then, in the Pros Swap ecosystem, NFT transactions and auctions will be deployed. First of all, similar to Opensea, Pros Swap will support the free trading of NFT assets. Pros Swap will provide a trading section of NFT. When the buyer and seller's intention price and the selling price reach an agreement, the smart contract will be entrusted to complete the transaction to realize the transaction of NFT assets. Compared with some art and game assets of non-fixed value, auction seems to be a more suitable way of trading.
How much is Pros Swap worth? underestimated!
The NFT market ushered in an explosion. In fact, as early as 2018, the launch of the well-known NFT project CryptoKitties in the Ethereum community was the early appearance of NFT in the blockchain field. As for CryptoKitties, they were actually highly sought after in the early days, and because the CryptoKitties Ethereum network was once congested, there is quite a momentum for the development of DeFi in 2020. After 2020, with the popularity of the DeFi sector, NFT and DeFi have also formed a deep linkage. In fact, most of us are paying attention to the siphonic effect and FOMO sentiment produced by DeFi, but we don't know that the NFT market is also the same. We can analyze the NFT market from two perspectives. One is the rising trend of NFT concept tokens (investor sentiment), and the other is the market data of current mainstream NFT trading platforms (the actual NFT assets themselves are traded).
At present, the tokens of the NFT concept sector have exceeded 200+, among which the more representative ones are MANA, ENJ, CHZ and THETA, etc. The current rise of the tokens in the NFT concept sector in the past two months has exceeded 50%. , And even for example, THETA has made great strides all the way to the 18th in market value. The NFT sector has become a hot spot for investment, which shows that the potential and market prospects of NFT are highly favored by investors.
For the current NFT largest trading platform Opensea, the total transaction volume in February reached 93.904 million US dollars, and its NFT transaction volume in January has doubled nearly ten times. At the same time, as an art NFT collection project NBA top shot, the turnover reached 1 million US dollars as of January. And entering March, for many investors, if they can grab a sale package from the NBA top shot, the value can be doubled. In summary, after a whole year of acceleration in 2021, the NFT market has also ushered in an unprecedented outbreak, and it is time for Pros Swap to deploy the NFT market at this time.
NFT trading will gradually become a rigid demand in the future like trading conventional cryptocurrency assets. The current lack of infrastructure for the NFT market is just like the lack of trading venues in the early days of cryptocurrency. According to the plan, Opensea will cooperate with Pros Swap in the second quarter of 2021. In the field of NFT, explore global cooperation plans, and Pros Swap also launched the NFT asset trading section. Pros Swap appears in the role of NFT infrastructure and is also expected to occupy a favorable position in the NFT field.
The market value of pros tokens is seriously underestimated
Pros Chain uses PROS tokens as its own native tokens. PROS to Pros Chain is equivalent to ETH to the Ethereum public chain. Pros Chain has cross-chain advantages based on Polkadot, and soon with the continuous improvement of DeFi facilities on Pros Chain, PROS tokens interact with other currencies such as BTC, ETH, USDT and other mainstream currencies to form value exchanges. At present, Pros Chain is still in its early stage. With the continuous explosion of Polkadot's DeFi ecosystem, Pros Chain will also usher in a considerable increase in value. At the same time, Pros Chain will also span the two major sectors of DeFi and NFT.
At present, the market value of PROS tokens in circulation is only US$ 3.3858 million, which is rare compared with other NFT tokens with a market value of hundreds of millions of US dollars. As a currency with a small market capitalization, PROS will also have huge potential with the massive growth of the current market volume.
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