What is ApeNFT (NFT)?

On March 29, 2021, APENFT was officially registered in Singapore in a bid to meet opportunities and address pain points in the industry. As an NFT-based project, they apply blockchain technology to the NFT world, thus expanding the use cases of blockchain. 

APENFT is known to buy well-known traditional NFT artworks as underlying assets, and also works to improve the NFT trading standard. In return, they provide support to government agencies, universities, lawyers, and industry elites in issuing policies that govern the healthy development of the industry. 

APENFT satisfies the three major use cases in the blockchain industry, namely value exchange, collaboration, and record-keeping. The project intends to invest in artworks and promote traditional and digital art by leveraging its strengths in technology, market, industry, and policy research, to introduce blockchain into diverse use cases.

Some of the ApeNFT artworks

Pablo Picasso: Femme nue couchée au collier

Painted on 18th June 1932, Femme nue couchée au collier (Marie-Thérèse) is one of the rhapsodic outpourings of colorful, love-filled paeans. One of the artist’s greatest muses, Marie-Thérèse’s presence in Picasso’s life aroused an unprecedented creative explosion; ‘There is no doubt,’ William Rubin declared, ‘that 1932 marks the peak of fever-pitch intensity and achievement, a year of rapturous masterpieces that reach a new and unfamiliar summit in both his painting and sculpture.

Andy Warhol: Three Self-Portraits

A true landmark in the history of art, Andy Warhol’s 1986 self-portrait stands among his most iconic images. Created just months before his death, it takes its place alongside masterworks by Rembrandt, Van Gogh, Picasso, and other artists who took their aging visage as their last great subject. Adorned with a so-called ‘fright wig’, the artist’s skull-like face looms large amid a deep black void, haunting and enigmatic. Three Self-Portraits, a trio of heads confronts the viewer, vividly rendered in green, silver, and yellow. The work is notable for its triptych structure: like Francis Bacon, who made similar use of the format for his late self-portraits, the artist stages a bold encounter with his mortality, meeting our gaze three times with his penetrating stare. 

Beeple: OCEAN FRONT 

This work represents Beeple’s art life and speaks to the deep concern for global warming. Full of environmental value, this art piece undoubtedly is one of the best NFT works.

Pak Cube 

Fungible Open Editions enable collectors to purchase as many fungible cubes as they wish during the sale period. These fungible cubes can be purchased individually or many at a time and will deliver their collector a different set of NFTs based on the total cubes they own.

NFT, as the sole token issued by APENFT, is the governance token for the APENFT ecosystem. NFT holders participate in the governance of APENFT by holding NFT tokens. The NFT token aims to be that critical element that will revolutionize the industry and take it to the next level. 

 

Who are the founders of ApeNFT (NFT)?

The president and CEO of ApeNFT are Steve Z. Liu. He holds a bachelor’s in Electrical Engineering from Zhejiang University and an MBA in Finance from Columbia Business School. He has extensive experience in the international capital markets and previously spent over 20 years working for major financial institutions including Fidelity International, Salomon Smith Barney, Nomura International, Ant Financial Group, etc. Before this, Steve successfully established and managed institutional equity business for several Chinese securities firms.

Currently, he majors in 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, setting up awards to support artistic creation and criticism, and establishing art collections.

 

What is ApeNFT (NFT) used for?

Register artworks digitally

APENFT was developed to register world-class artworks as NFTs on-chain and aims to become the ARK Funds in the NFT space to build a bridge between top-notch artists and blockchain and support the growth of native crypto NFT artists. 

Governance

NFT holders will be entitled to vote for the handling of NFT artworks in the APENFT DAO ecosystem, decide on the future of NFT artworks, and take part in APENFT activities at different levels based on the number of tokens they hold.

Mining/Reward

Users can receive NFT incentives by participating in the liquidity airdrop and mining of BTC, ETH, DOGE, TRX, BTT, JST, SUN, and WIN on platforms. Users can also receive NFT token rewards through governance activities in the APENFT system. 

Likewise, holders of BTC, ETH, DOGE, TRX, BTT, JST, SUN, and WIN can take part in the governance activities in the APENFT system to earn NFT token rewards and rewards can also be through airdrop and mining NFT tokens via decentralized airdrop and mining.

Staking

To get NFT tokens, users can stake BTC, ETH, DOGE, TRX, BTT, JST, SUN, WIN, etc. to receive NFT airdrop and mining rewards.

 

What is the Unique Point of ApeNFT (NFT)?

The first collections of APENFT include Femme nue couchée au collier by Pablo Picasso, Three Self-Portrait by Andy Warhol, Ocean Front, and other five pieces featuring ABUNDANCE by crypto artist Beeple a whole NFT set Cube by crypto artist Pak, with a total value of over ¥200 million.

Since its founding, APENFT has entered into partnerships with Christie’s, Sotheby’s, and Nifty Gateway, the world’s largest NFT auction houses, as well as Beeple, the well-known NFT artist, with the user base of the two top public chains, which lays a solid ground for expanding its market influence.

 

How many ApeNFT (NFT) coins are in circulation?

ApeNFT has a circulating supply of 277,080,562,500,000 NFT coins and a max. supply of 999,990,000,000,000 NFT coins.

 

How secured is the ApeNFT Network?

APENFT is backed by the underlying technology of top-notch blockchains Ethereum and TRON. It also has the support from the world’s largest distributed storage system Bittorrent File System (BTFS) to deliver the mission of registering world-class artworks as NFTs on the blockchain.

 The NFT artworks will be made into unique ERC-721/TRC-721 tokens on-chain that will be stored in the ERC20/TRC20 smart contracts of NFT tokens, and the rights and interests of the underlying artworks belong to NFT holders. Also, corresponding information of the ERC-721/TRC-721 token and the records of the artwork will be permanently stored on the BTFS network (BitTorrent File System).

 

How do I buy ApeNFT (NFT)?

The NFT token can be used for a wide range of uses like staking and governance.

The following steps can easily purchase NFT tokens. 

* Open an account with the crypto trading platform.

* Transfer the specific amount of your fiat currency to your account.

* Wait for your deposit to be confirmed and buy NFT through your trading account.

 

Which Cryptocurrency Wallet Supports ApeNFT (NFT)?

The PTPWallet platform supports many cryptocurrencies simultaneously, such as ApeNFT (NFT). Because of its vast use case, it has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. Users can easily use PTPWallet as their NFT wallet because it offers a simple and interactive interface, making it easy for people to navigate its system.

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