BTS Just Joined The NFT Movement, Here’s Why

NFTs, what are they exactly?

I’m sure this question comes across your mind every time you read the word NFT, which is frequent especially with the trending NFT news every now and then. However, it is impossible to cover the full scope of NFTs in this piece alone, so, a brief explanation would have to do. 

trending nft news

NFT also known as Non- Fungible Tokens are a type of cryptocurrency that appears on blockchains. They have several properties that make them unique, and the major identifier is that it is non-fungible. Fungible and non-fungible what exactly are the differences between the two. 

Try to understand it like this. Fungible items include a bank note valued at 5, that can be exchanged with another bank note valued at 5. Non-fungible items include unique characteristics that make it impossible to have another item with the same characteristics. Items such as a painting, a limited first edition comic book or even your smartphone that has all your data in it. 

Therefore, when individuals or companies invest in NFTs they are making items that are high in value and demand. They are items that customers would trade, and purchase for. In this case, the agency BTS is associated with, Hybe Co., decided to invest more than 400$ million dollars for NFTs. 

BTS have one of the largest fandoms on earth. Listed with members from all over the world, this international sensation gained more fans when they became famous with their song DNA in 2017. It is estimated that they have more than 22 million fans that attend their concerts, watch their music videos and support them. 

Therefore, is it really a surprise when their management agency decides to invest in NFT’s? They are fully aware of the impact that would have on Army’s and that their NFT items would sell at an incredibly high demand. The agency decided to invest in NFT digital photo cards that can be used on the blockchains. 

trending nft news

They were smart in making this decision because K-Pop fans have a reputation of selling, trading and buying traditional photo cards among themselves and other fandoms. This culture has been carried out since the K-Pop agencies decided to include photo cards into their bands physical album. These photocards are usually attractive pictures of each individual member. However, each album has a random photo card, so, if you were biased to the main singer of the group and failed to get that photocard of said member, you can trade with another fan from your community who got the card. 

K-Pop fans do the same with their other merchandise. These merchandise include albums, t-shirts, postcards, posters, photo books, dolls and banners. The K-pop fanbase discuss their plans and communicate with each other through social media platforms such as Twitter, Instagram and Vlive. 

Since there is already a culture of trading, selling and buying photo cards, it will not be a big surprise if the BTS fans decide to do the same with their NFT digital photo cards. This, in turn, will help the agency by increasing their income and revenue exponentially.

What is Dogemama?

As we all can see, the world is now advancing exponentially thanks to technology. People are now slowly changing the course of the way of living onto the new one, the more digital ones. With what is happening around the world, digitalization does not sounds that scary anymore. As we get used to the new norm, so many technological pieces are now being vital to our daily life tasks. But one thing is for sure, the industries, forex trading and more, out there keep on thriving. Like online casinos, online shopping, cryptocurrency, and more. These sectors are now slowly growing with so many new ideas ready to be pitched to the world. 

As contactless payment now sounds safer, this alternative is now slowly getting people’s attention. Digital money, the cryptocurrency. One of its kind, people now use it to pay from the most expensive thing they bought, to even their daily coffee. But if you are new, it is crucial to be aware at all times as you enter this new venture. Always check on a reputable news source. Never take too much on rumors and differentiate the news before making any big moves. Also, check on other coins as well for new opportunities and investments. So many new coins nowadays that competing for the spotlight.

What is dogemama

But people are now busy with the Dogemama coin. You must be wondering what is Dogemama? Well, clearly you have missed the news as Dogemama coin is the new crypto with Binance’s Smart Chain build-in technology. Dogemama is faster than other coins like Bitcoin or Dogecoin and they also serve well with the environment as it uses sustainable energy technology. That way, there will be no harm done to the environment. Dogemama has spread the message that Dogemama is not just another crypto coin, it is a family of the internet community. 

With the Binance’ Smart Chain, Dogemama is the most accessible and powerful economic solution out there right now, makes them cheaper, faster, and better. You also do not have to worry about getting any scam by Dogemama coin as they are transparent with all the transactions. With a supply model for 3 years maximum, Dogemama will assure that the safety of the price and the market are safe and away from any holders that have access to them and keeping everyone in the long journey, together. Dogemama has laid so many future plans in expanding their triumph horizons.

Dogemama also did some charity work, like helping the mother in need around the world cause by donating 2.5 percent of the tokens. And with their Dogemama Family Portal, the existing and new investors can come and invest alongside winning so many bonuses and rewards. It is also open for an invitation to loved ones, like friends and family. They also have an NFT marketplace for their users to come and join. Dogemama Non-Fungible Token will be able to be used there as the transactional token. Sure, so many great cryptocurrencies coin out there, but Dogemama is now thriving in competing to be the best in the industry. So, check out Dogemama now!