A Non-Fungible Token (NFT) is a special type of crypto asset that is usually unique or has a limited quantity. They have been used and proposed for use in lots of cases and scenarios such as art, music, proof of ownership of physical and digital items, access passes, records of attendance, crypto/blockchain games and metaverses, decentralized finance (DeFi), yield farming, royalty payments and lots more.
NFTs will play a major role in the later stages of this project when we start building the Play-to-Earn (P2E) Games, blockchain games and the metaverse (See the LitePaper).
NFTs can currently be obtained on DearTiti as “pre-mint” NFTs issued when you buy specific booster packs from the DearTiti Shop. The higher the cost of the booster pack, the greater the value of the NFT(s) associated with it.
These pre-mint NFTs are not yet really NFTs and are not yet linked to the blockchain. They are just visual representations for record purposes and proof of ownership on the DearTiti platform only.
At a later stage of the project, all pre-mint NFTs will be converted to fully minted and activated NFTs on the blockchain.
That is when you can withdraw them to your crypto wallet for holding or use on other platforms in the future Project ecosystem. You will also be able to stake them for further yields, rent them out or put them up for sale on NFT marketplaces like OpenSea.
Most of the pre-mint NFTs are guaranteed to be of a relatively high value in the ecosystem because they will be the first NFTs to be released and come with significant bonuses, benefits and utility.
You can view any pre-mint NFTs you currently own here or from links in your DearTiti wallet here.
