What is APENFT?

APENFT is a pioneering project that bridges blockchain technology with the art world. Founded on March 29, 2021, in Singapore by Justin Sun and Sydney Xiong, it operates on Ethereum and TRON for versatility and accessibility. APENFT functions as an NFT marketplace, using BTFS decentralized storage to ensure data security. Notably, APENFT is recognized as legal tender in Dominica.

Project Concept

APENFT aims to connect traditional art with the digital NFT space. Its goal is to secure artwork authenticity, ownership, and fair trading via blockchain. The AINFT upgrade expands this vision by integrating AI-powered autonomous agents, creating a digital society where blockchain and AI co-evolve.

Initial Mission (APENFT)

The project was initially established to record world-class artworks as NFTs on blockchain. Its mission is to bridge top-tier artists with blockchain and support the growth of local crypto NFT artists.

Market Vision

The rapid growth of the internet economy (from 1% in 2000 to 36% today) is expected to reflect in the NFT market as well. It is estimated that in the next decade, around 50% of the world’s top artists and artworks will be recorded as NFTs.

Vision Evolution (AINFT)

AINFT evolves this mission by combining it with AI, transforming static NFTs into autonomous, intelligent, and interactive digital agents.

Founders and Team

APENFT was founded by Justin Sun (TRON founder) and Sydney Xiong. The project is led by Steve Z. Liu, who has over 20 years of international experience in finance. The team includes art experts from Christie’s and Sotheby’s, blockchain engineers, NFT platform advisors, and specialists in metaverse and cross-chain technologies.

Investors and Key Partnerships

AINFT does not list direct investors but has established significant corporate and artistic partnerships. The project uses TRON and Ethereum blockchains and BTFS for decentralized storage. APENFT’s collection includes both traditional and digital artworks, valued over 200 million RMB by Sotheby’s and Christie’s. Artists featured include Pablo Picasso, Andy Warhol, Beeple, Pak, and Maurizio Cattelan.

How the Project Works

Infrastructure Layer: TRON blockchain, distributed computing, and BTFS decentralized storage.

Core Components Layer: Multi-Agent Framework and communication bus for AI agent operations and interactions.

Smart Services Layer: AI capabilities ready for applications, including DeFAI and Decentralized AI Model Services.

Key Ecosystem Components:

• AINFT Agent Framework: Supports multi-agent AI systems and development workflows.

• AINFT Nova: Allows users to design personalized AI agents and launch them with a dedicated token.

• AINFT AgenTX: AI-driven automated DeFi trading and liquidity optimization framework.

• AINFT Grid: Open platform for decentralized AI model training and deployment integrated with distributed computing.

Governance

AINFT uses NFT as the official governance token.

• Governance Participation: Token holders can propose and vote on protocol upgrades, treasury allocations, and ecosystem fund distribution.

• Rewards: Active governance participants can earn additional NFT rewards.

Roadmap

• Develop NFT creation and management infrastructure

• Token listings and improved trading mechanisms

• Collaborations with renowned artists and institutions, high-profile NFT launches

• Metaverse integration, cross-platform compatibility, and real-world utilities for NFT holders

Token Use Cases

NFT tokens are used for platform membership, governance, staking, yield farming, access to exclusive NFT drops, and supply management via burn mechanisms.

Token Information

• Symbol: NFT

• Total Supply: 999,990,000,000,000 NFT

• Max Supply: 999,990,000,000,000 NFT

• Circulating Supply: 999,990,000,000,000 NFT

Token Distribution

• Artist Partners: 30% – supporting APENFT’s artistic vision

• NFT Work Purchases: 20% – for creating and expanding the art collection

• AINFT Team: 19% – allocated to project developers

• DeFi Airdrop & Mining: 19% – community token rewards (program completed)

• Partnerships: 10% – for strategic collaborations

• Initial Exchange Offering: 2% – for initial exchange listings

Ecosystem

The APENFT ecosystem combines traditional art, digital collections, AI-powered services, and DeFi. AINFT provides a continuously evolving, secure, and adaptive environment.

Features

• Ethereum and TRON blockchain support

• Secure decentralized storage via BTFS

• AI agents for autonomous DeFi and DAO participation

• Recognized as legal tender in Dominica

• Partnerships with major art institutions

• Governance and reward mechanisms for token holders

• Metaverse integration and cross-chain compatibility

Token Utility

• Governance: Token holders participate in AINFT governance

• Staking & Earnings: Stake NFTs to earn fees from AI agent services and model licensing

• Rewards: Distributed to contributors of governance or AI model computing

• Airdrop & Mining: Previously distributed to BTC, ETH, DOGE, TRX, and other TRON ecosystem token holders (program completed)

Official Links

• Website
• Twitter
• Telegram

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The post AINFT (NFT) Project Overview appeared first on Coin Engineer.

Supported by Binance Labs, Xterio goes beyond being just a gaming platform. It allows users to truly own digital assets and earn rewards, taking gaming to the next level.

Xterio: The Future of Gaming with Web3 Integration

Xterio is a global game developer that combines AAA-quality games with blockchain technology.

Players can enjoy free-to-play games while gaining digital ownership through NFTs and other blockchain-based assets. Items like collected characters, in-game items, or digital artworks are entirely under the player’s control.

A Comprehensive Ecosystem for Players and Creators

Xterio not only merges gaming and blockchain but also provides an integrated NFT marketplace where users can trade, collect, and showcase NFTs.

Whether you’re a gamer or a digital artist, Xterio offers endless opportunities for creativity and interaction.

You May Be Interested: Binance Labs Invests in Perena!

One standout feature of the platform is the Launchpad, designed to support the launch and growth of new projects in the Web3 gaming space. Additionally, the AI Art Gala allows users to create and trade digital artworks, opening new avenues for creativity.

Exclusive Rewards and the $XTER Token Airdrop

Players can earn exclusive rewards by playing games, collecting NFTs, and participating in campaigns. One of the most exciting opportunities is the $XTER token airdrop, which will occur after the Token Generation Event (TGE).

During this airdrop, users can earn XTER points by playing the Age of Dino mini-game, collecting NFTs, and engaging in other gaming campaigns.

Stay updated on the latest information about the $XTER token and airdrop through Xterio’s official channels and AirdropAlert. The conversion rate of XTER points to $XTER tokens will be revealed during the TGE, offering greater incentives for early participants.

Guide to Joining the Xterio Airdrop

Xterio creates an exciting future for players by combining entertainment, rewards, and digital ownership. As a leading project in the Web3 space, the platform offers limitless opportunities for its users.

By providing the ability to truly own digital assets, play high-quality games, and earn rewards through various activities, Xterio is transforming the gaming landscape.

With its innovative approach to blockchain and NFTs, Xterio is set to become a prominent name in Web3 gaming. Stay tuned for the $XTER token airdrop, and step into the immersive world of Xterio today!

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In a post on X on November 25, Sun wrote, “We are thrilled to invest $30 million in World Liberty Financial as its largest investor. TRON is committed to making America great again and leading innovation.”

Before Sun’s post, a wallet identified by Etherscan as belonging to the crypto exchange HTX, controlled by Sun, was seen purchasing 2 billion World Liberty Financial (WLFI) tokens for $0.015 each.

WLFI sales have been sluggish since its launch in mid-October, with investors turned off by the project’s restrictions, limiting sales to non-US persons and US-accredited investors, and making the tokens non-transferable—meaning they cannot be sold.

Before Sun’s purchase, only $20 million worth of WLFI had been sold, but after his buy, the total sales reached $52 million, still just 17% of World Liberty’s ambitious $300 million token sale goal.

However, this now means that Trump and his family will begin receiving payments. According to the project’s “gold paper” (its white paper), the President-elect’s company, DT Marks DEFI LLC, is entitled to 75% of the net revenues after the project hits $30 million, which it has now done.

World Liberty Financial co-founder Zak Folkman told “This sizable purchase of WLF tokens underscores the early success of this project. There have been several significant purchases in recent weeks, and we are confident in our future success as we build a platform that promotes freer and fairer finance.”

Donald Trump is listed as the platform’s “chief crypto advocate,” while his sons Eric, Barron, and Donald Trump Jr. are all “Web3 ambassadors.” The incoming president had campaigned on making the U.S. the world’s “crypto capital” and easing regulatory oversight of the industry.

Meanwhile, Sun and Tron face their own troubles with U.S. regulators. They were sued by the Securities and Exchange Commission (SEC) in March 2023, accused of selling the TRX token as an unregistered security and wash-trading it to boost its price, allegations Sun denies.

Last week, on November 21, Sun shared that he paid $6.2 million at auction for an artwork of a banana taped to a wall and planned to eat it.

TRX has dropped 5.5% in the past day to below 20 cents, but it’s up about 84% this year, still 15% below its peak of 23 cents reached in January 2018.

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The post Justin Sun Invests in This Project! appeared first on Coin Engineer.