What Is NFTKEY and How to Mint BIO?

2021-04-29 23:00:00 · 633 views · 4 min read

 

The most popular NFTs or NFT collections are mostly created by famous artists or influencers. With NFTKEY, you are not only a trader in the NFT marketplace buying or selling others’ works, but you are also able to create your own.

 

 

Firstly, as a trader, you can unlock quick and easy access to digital collectibles and explore, buy and sell NFTs from different blockchains and artists.

NFTKEY builds both on Ethereum and Binance Smart Chain, so you can trade the top NFT collections on the 2 blockchains at one place. 

 

 

The NFTKEY interface directly interacts with the NFTKEY Marketplace Smart Contract on the blockchain. All listing and bidding actions are P2P transactions without the involvement of any centralised services.

 

 

The smart contracts are free for anyone to interface with, not just through the NFTKEY website. Also, all the listing and bidding actions emit transparent event logs for everyone to listen to or query.

Since NFTKEY’s launch on 1st Apr on BSC, a total of 37 unique NFT traders have interacted with the marketplace. There was a $5.14K volume traded in 52 NFT trades.

 

 

Secondly, you can mint your one-of-a-kind NFT and get rewards from NFTKEY. 

NFTKEY released their first NFT collection - Life. The Life Collection is an interactive cellular automaton NFT collection. You can design, play and mint your own BIOs, which evolves through time based on John Conway’s ‘Game of Life’.

 

 

Unlike artwork-based NFTs, The Life Collection is a data-based NFT collection, which reads and writes BIO’s DNA data to the Life Smart Contract on the blockchain.When minting a BIO, the BIO’s uniqueness and active cell count is validated mathematically by the smart contract.

 

 

How to create your own BIO? Here are the steps:

You can receive Life Collection Rewards if you create and mint your own BIO: At least 50% of all the BIO mint funds will be rewarded to the owners.

 

 

For ETH Life Collection, 139 BIOs have been minted, 9,861 BIOs are left. As for BNB Life Collection, 16 BIOs have been minted while 9,984 BIOs remain.

 

 

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