MicroPets is home to the cutest NFTs on the Binance Smart Chain! It includes the internet favorite memes, packaged together into adorable pets that can be traded or staked—hence, the rarer the MicroPet the higher its value and rewards.
The MicroPets team consists of over 30 DeFi and marketing experts to serve MicroPets’ community collectors and investors. They will also ensure a fun and engaging environment alongside their inputted continuous marketing efforts.
To ensure seamless transactions, MicroPets combines the efficiency of tax buying and selling in the Binance Smart Chain (BSC) space. They execute this by ensuring every portion of transactions recorded on their platform is added to liquidity to ensure a lessened volatility price. However, when creating an upward trajectory or bullish momentum, manual buyback is used.
The MicroPets’ platform leverages the BEP-1155 NFT standard, which enables numerous benefits for the users.
Out of the many user-centered benefits of the BEP-1155 NFT standard, the ability to allow users to buy multiple crates with just one click, one transaction fee, and only additional charges to access them is one of the many outstanding possibilities. This is unlike other platforms that charge exorbitant gas fees, slow transactional networks, and a higher possibility of fraud and network anomaly.
Although this feature benefits the user, it simultaneously favors the MicroPets’ platform and price by driving higher price action and utility value.
MicroPets smart contract controls all backend activities of the MicroPets dApp. The contract was built as a proxy and designed to ensure complete upgradeability and future expansion of the MicroPets platform. With this, MicroPets can continuously improve to capitalize and allow its users to enjoy the current trend and hype of the BSC space.
Also, MicroPets utilizes both on-chain and off-chain data, ensuring complete extensibility through the custom-built API.
As the contract, MicroPets’ API is also important as it allows other websites and applications to connect and communicate with the MicroPets server, allowing for the transfer of data to and fro seamlessly.
How Does MicroPets Work?
Interested users go onto the MicroPets decentralized platform and purchase a crate with their MicroPets tokens. Their purchased crate contains a random NFT with various rarity and staking rewards. The user can then stake the pet for MicroPets rewards proportional to their pet’s staking multiplier or sell on the marketplace if they don’t receive the pet they desire.
PETS is the official utility token of MicroPets and is used to perform several financial transactions on the platform.
Who Are the Founders of MicroPets (PETS)?
Despite its popularity, MicroPets has no known founder (by information provided by the website and other trusted sources). Nobody has stepped forward to claim ownership of MicroPets, however, the doxed leadership status does not affect the activities of MicroPets in any way.
What is MicroPets (PETS) used for?
Trading
Users can trade their NFTs on the marketplace in exchange for the desired replacement or money.
Stake
Users go to their interface, choose which NFT to sell, set any desired price, pay a mandatory 2% NFT fee and end up staking their NFT on the marketplace for other users to purchase.
HODL
Users can buy NFTs and keep them rather than stake them with a belief of their value increasing as time goes by.
Earn rewards
Although plans, MicroPets users will get to earn rewards through its Play2Earn function that allows users to play games using the platform’s NFT characters and earn huge rewards when they win.
What Makes MicroPets (PETS) Unique?
The unique feature of MicroPets asides from its NFT sales and purchase is its marketing team that has consistently proven its ability to draw in a massive number of new investors consistently.
Currently, MicroPets ads are being shown on nearly every major worthwhile platforms, such as BSCScan and Facebook.
Furthermore, they announced just two weeks into their project they were partnering with a major game development company, Cubix, on their custom-built P2E game-MicroPets Runner. Finally, the team announced their future strategic vision of developing towards the Metaverse (Petropolis), ensuring MicroPets remains a forward-thinking and innovative project.
A few weeks into the project’s launch, the team put up a massive billboard outside of the SpaceX office in Hawthorne, CA directed at Elon Musk.
They were also the first on a brand new massive Times Square billboard outside of the NFT.NYC conference in New York City.
How Many MicroPets (PETS) Coins Are There in Circulation?
Initially, there were 1,000,000,000 PETS tokens were created, however, there are now 5,007,120,231,357 PETS tokens in circulation.
How Is Mask Network Secured?
With its amazing features, technologies, and a huge amount of its user’s financial resources, MicroPets must be effectively secure. As expected, they chose Certik with Skynet, one of the most expensive security auditing businesses for Web3, blockchain, and Defi systems, for their audit over less-expensive options. Without a doubt, this has conveyed a strong message that the team places a premium on quality in all they do.
How do I buy MicroPets (PETS)?
MicroPets is a new NFT project that features several animal-based NFT tokens for sale. Its users are required to purchase an NFT crate filled with animal-based NFT with yes features and rarity which can be sold for more profit or kept to build a large family. PETS tokens can be easily purchased by the following steps.
* Open an account with the crypto trading platform.
* Deposit your fiat money.
* Wait for your deposit to be confirmed and Buy PETS through your trading account.
Which Cryptocurrency Wallet Supports MicroPets (PETS)?
The PTPWallet platform supports many cryptocurrencies simultaneously such as MicroPets (PETS). 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. Additionally, users can easily use PTPWallet as their PETS wallet because it offers a simple and interactive interface making it easy for people to navigate its system.
