- Summary:
- BOSAGORA Foundation has launched its first BizNet-themed NFT. What’s the motivation behind it and what’s in it for users?
BOSAGORA Foundation has announced that it has introduced the first NFTs based on its own BizNet. The NFTs will be available through the crowd-funding platform, Crowdy. First NFT issuance and first token use in BOSAGORA’s BizNet are significant factors in the launch of NFTs. As a result, businesses will be able to make significant use of BizNet. On June 29, the BOSAGORA Foundation announced the launch of its unique BizNet, which aims to enhance the global business environment.
The native token of the BizNet is the Biz-BOA. The BizNet’s swap function allows users to convert points or tokens they’ve accrued while utilizing BizNet services into Biz-BOA.
BOSAGORA’s NFTs the First Step in a Long Journey
The NFTs distribution is in commemoration of the fund administered by FMway in the US by FM Technology, which is a BOSAGORA business partner. The BizNet platform by BOSAGORA helps developers understand and adapt to smart contracts. This is essential to the delivery of NFT and DeFi.
A total of 1,000 commemorative NFTs will be available as rewards to participants in Crowdy. In addition to NFTs, participants will receive a variety of other incentives. Additionally, reward participants will be able to freely sell their commemorative NFTs on the BOSAGORA NFT marketplace. This will be possible when it launches in the first half of next year. Additionally, random reward events will showcase the NFT’s distinctive excitement to participants.
“We expect much from the first issuance of NFT based on our BizNet as it will open a starting point for expanding the business network of BOSAGORA,” said Kim In-hwan, President of BOSAGORA Foundation. Besides NFTs, BOSANORA plans to follow up with DeFi and P2E (play to earn), introduce M2E (Move-to-Earn).