A LOOK INTO MEME COIN AND NFT TRADING
DECENTRALISED FINANCE (DeFi)
Crypto assets are typically traded on centralized digital exchanges. Despite cryptocurrencies using decentralized ledgers, trading on centralized exchanges does not give you complete control of your digital assets, since your private keys are held by centralized authorities, and there is the risk of your digital funds being stolen. Recently, new types of decentralized platforms and cryptocurrencies have been developed that mitigate the risk by allowing investors to care for their digital assets and trade them on decentralized platforms without the need for centralized authorities.
One of such safe DeFi platforms is SHIHTZU EXCHANGE. Due to this DEFI platform, you can own a part of a very expensive asset. Assets can be tokenized through Defi. Essentially, this means creating real assets such as shares that can be represented as digital tokens. Data from Defi is open to the public, which allows its users to hold service providers accountable.
In a metaverse, players can create objects, landscapes, and experiences in a shared, immersive virtual world. Avatars represent players and allow them to interact publicly, build experiences, and construct in-world objects. In a crypto metaverse, blockchain is integrated into the underlying technology, while crypto assets, like metaverse tokens, are incorporated into the economy.
DID YOU KNOW?
In 2021 famed auction house Sotheby’s opened a digital replica of its London headquarters in blockchain game The space boasts a multi-room virtual art gallery that metaverse users can peruse. Likewise, Decentral and regularly hosts live music events, conferences, and meetups.
NFT Minting & Metaverse are driven by Shihtzu Exchange tokens due to their advanced capabilities. The sole currency in the universe will be the $STZU. All payments in any direction are made in $STZU, including scans, licensing, and NFTs. In addition to financial, technical, and perceptive endeavors, Shihtzu Exchange aims to populate the next generation.
In the future, Shihtzu exchange will offer investors, users, and beneficiaries access to the largest database of scanned objects and people.
NON- FUNGIBLE TOKENS (NFTS)
Since 2020, Decentralized Finance has grown exponentially, so if you’ve been following crypto trends, you know this. However, defi growth slowed somehow in 2021 to have been taken over by another emerging trend, the NFT industry.
Artwork named “Everyday: The First 5000 Days “by the artist Beeper was sold for a whopping 69 MILLION DOLLARS!!
A number of NFT’s properties can help processes and things run more smoothly. This technology can be used to authenticate the ownership of assets and information, making it suitable for the prevention of fraud and counterfeiting. In this way, it can serve as a means to issue academic degrees and other educational credentials as part of the KYC procedure. On a blockchain network, NFTs can be easily transferred and traded without the need for intermediaries, all you need is a crypto wallet.
NFTs come in all shapes and sizes but can be classified into the following categories:
6. Gamefi and Play to Earn games.
Shihtzu Exchange is a registered entity that is a meme token and has an ecosystem of NFT marketplaces, multichain wallets, and metaverse gaming.
WHAT ARE SHIHTZU EXCHANGE NFTS?
On the Shihtzu Exchange blockchain network, Shihtzu NFTs are digital assets that are unique from other digital assets. Games, digital art, sports collectibles, and real-world assets can all be used as assets. Through an easy-to-use interface, QR codes, and tools that make it feel effortless, you can easily bring your NFTs to life. You will be able to trade and discover rare NFTs like gaming items, digital art, and collectibles from your favorite brands.
The utility of meme coins is not usually considered when judging them, unlike traditional cryptocurrencies. In its place, the coin is more concerned with its ability to generate high levels of community engagement. To gauge the success of meme coins, virality is the single most important factor. Though the emphasis is not on utility, it is a positive sign when the community supporting the meme coin project shares something in common, aside from their desire to generate profits. This is why it is critical to investigate the long-term goals of the project in question as well as how the project team plans to engage members of the community. If available, you can review the whitepaper, its roadmap, and follow updates on the project’s social network accounts.
The next thing to think about after finding a viable meme coin is how to correctly trade this type of volatile asset. Always keep in mind that the price of meme coins is driven by speculation. Therefore, you will likely have to deal with high volatility.
To learn more about Shihtzu Exchange and order your tokens, be sure to explore the following links: