WEYU NFT trading market

The emergence of NFT has attracted the attention of a large number of investors, and further prolonged the bull market of NFT . Although platforms like OpenSea provide users with decentralized NFT trading services, they still face many problems, such as multi-chain support, pledged lending, DAO and copyright, fake NFT and so on.

WEYU platform provide Solution

By adopting AI algorithms, WEYU supports multiple public chains and NFT contract standards, and uses a set of incentive measures to combine NFT with DEFI , thereby creating a one-stop NFT investment, trading, pledge and other features which lowering the entry barrier for investors and providing investors with more convenience in trading.

WEYU advantages and solutions

Various functions reduce the threshold for novice investment in NFT

Compared with other NFT trading platforms, the main feature of WEYU is that it is fully functional. In addition to using a set of advanced UI/UX functions for buyers and sellers and progressive tools for buyers, there are also functional interfaces such as data aggregation, which reduces the difficulty of novice buyers and sellers.

Not only that, WEYU currently supports Solana , BSC , Ethereum, Cardano , Polygon , Polkadot public chains and various NFT asset standards, and is working on building an NFT trading and investment platform that supports multiple chains. A platform that supports NFT asset trading.

At the same time, WEYU also supports various functions such as pledge, DAO , etc., which has great advantages compared to other platforms at present. WEYU provides one-stop NFT trading and investment related facilities for novice users, solves many problems of users about NFT , and facilitates novice users to enter the field of NFT investment with a low threshold .

Fees embedded in token design

Another feature of WEYU is that the fee is embedded in the token to make the token model more reasonable and ensure the sustainability of the token economic system.

Fee embedded tokens are the way that when WEYU token holders make a transfer transaction, a portion (4%) of them will be used as a fee deduction, and then the deducted fee will be redistributed.

For example, when we trade 100 WEYU through buying and selling , the other party will receive 96 WEYU , and the remaining 4 WEYU will be divided into 4 parts, and their uses are as follows:

1. Allocated to all WEYU token holders

2. For destruction

3. Convert to BNB and add it to the liquidity pool

4. Automatically add BNB liquidity trading pair

The advantage of this is that when the platform develops rapidly, on the one hand, the market liquidity continues to increase, and on the other hand, the destruction reduces the total amount of tokens and increases scarcity. At the same time, distribution weyu tokens to all token holders is a good reward.

AI search engine automation

Another problem that currently exists in the NFT market is the problem of users' search for NFTs . The main problem at present is that users often find "fake" NFTs . Especially for an active platform like OpenSea that does not have an NFT online review mechanism, if you buy a pirated and infringing work, you can only file a complaint and take it off the shelf, which also takes a certain amount of time.

NFTs have a low cost of counterfeiting, especially for image-type NFTs. In theory, anyone can deploy an NFT contract and use the real NFT metadata and the same name to generate a counterfeit NFT , thus confusing the real with the false. Such NFT also flooded the NFT trading market, so if novice users do not pay attention, it is easy to buy "fake goods".

The other is the copyright issue involving NFT producers' works. At present, there are a large number of works of art in the real world that have not been NFTized . Maybe the original author did not plan to do NFTization , but some people using their pictures privately without any permission. Therefore, the copyright issue of artistic works is involved here. If investors trade such NFTs on the platform , it may bring corresponding legal risks and losses later.

WEYU nft platform using AI intelligent algorithms to automatically identify user search keywords, and carry out product labels, input content review, copyright infringement detection, classification filtering and advanced search filtering to ensure that users can get the best result.

The main advantage of WEYU is to support multi-chain NFT asset transactions, and at the same time, it can empower platform tokens through strategies such as the circulation and destruction of tokens, lock-in flow methods, and transaction fee discounts. Not only that, With the help of AI WEYU improves NFT asset classification, detecting copyright work, which fundamentally ensures that users can trade openly and fairly on the platform.