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An Introduction to Akshaya | The Nextgen NFT

akshaya

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Akshaya will innovate and revolutionize the NFT space with the objective to bridge the gap between virtual and physical assets and deliver greater experiences across the auspicious moments of Indian traditions.

NFT and NFT Marketplace

In essence, Non-Fungible Tokens(NFT) are a great way to express ownership of assets with certified proof of authenticity. These virtual tokens represent ownership of something unique and rare, whether it is a physical or digital item, and get stored on the blockchain.

The smart contracts governing the NFTs enable ownership rights and trading NFTs is implemented via crypto wallets like MetaMask. These NFTs could be artworks, soundtracks, jewelry, collectibles, in-game items, or real estate.

NFT Marketplaces are for storing (on the blockchain), displaying, and trading NFTs. These are like eCommerce websites but only for NFTs. It allows digital collectors to buy, sell and create their own tokens representing ownership of unique, tangible, and intangible goods.

Metaverse

The metaverse is a virtual reality space where users can interact with computer-generated environments and other users.

Metaverse is being made by combining some really advanced innovations, including virtual reality (VR), Augmented reality (AR), 3D technologies, and blockchain technology.

The metaverse can be defined as a simulated digital environment that mixes concepts from virtual reality (VR) and social media to create spaces for rich user interactions and immersive feel that mimic the real world.

People can buy lands, build something there, host events, live a life, and connect with their social friends. Many big companies, mainly social media companies, are working in this sector.

What is Akshaya NFT?

Akshaya is a one-of-a-kind blockchain project. It combines Metaverse, NFT, Digital Twin, and Akshaya Coin together to allow you to own exclusive high-value collectibles with proven proof of authenticity.

Our goal is to bring this concept and assign it to an actual, physical and tangible object.

NFTs will provide verified authenticity and ownership certificates stored in the blockchain, which will last for generations and cannot be modified.

The project will feature a robust NFT marketplace where phygital items (physical and digital items) will be traded online on blockchain in a completely secure ecosystem.

The platform will feature exclusive high-value Collectibles like unique images, audio, music files, videos, antiquities, and their digital twins.

The project will be well backed with its own utility cryptocurrency, Akshaya coins, developed on the ERC-20 protocol and will work on the Ethereum blockchain.

Akshaya Coins will ensure fast and secure transactions. Additionally, buying and holding Akshaya Coins will benefit the user as the supply is limited and its use cases are comprehensive.

With its digital twins, Akshay is the ultimate destination for buying valuable properties, antiques, and more. Follow our social pages and keep visiting our website so that you do not miss any such opportunity which is about to come.

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