WEMIX

WEMIX Medium Announcement : https://medium.com/wemix-communication/price-open-for-city-of-neith-789fcbc83126Amid the growth and evolution of the blockchain industry, NFTs have received enormous attention as a leading asset alongside cryptocurrencies due to their non-fungible unique property. However, while traditional NFTs have succeeded in the so-called ‘sold-out’ due to temporary interest and trends driven by project teams, lack of consensus on their utility and value as assets has led to a continuous decline in value; thus leading buyers to suffer losses and even raise skepticism regarding the vision of NFTs.NILE emphasizes three values of NFTConsecutively, the NILE team has identified three main values that exist in NFTs.The foremost value lies in the utility that the NFT possesses. To determine whether an NFT has Utility Value, the following question must be asked: “Will owning this NFT enhance my life”. If the answer is “yes”, then the NFT is deemed to have Utility Value.Second is the Appreciating Value which refers to the value of an asset which subsequently grows or increases steadily over time. While there are ‘wasting assets’, where the value is limited and irreversibly declines over time, and ‘depreciable assets’ that gradually decrease in value over time, we expect the value of NFTs as assets to grow steadily over time. If you anticipate that the price of your NFT will increase after a year, you are expecting an increase in its Appreciating Value.Finally, the Premium Value. NFTs intersect with the economic system and the ecosystem to add value as a form of ‘social capital’. They can also gain significant value due to factors such as the reputation of a creator, external changes and other intangible elements that cannot be quantified. Premium Value is a new form of value that is not based solely on its utility or monetary worth, but rather on its mere existence and ownership.Neith Station, the beginning of NFTFiNILE introduces the World’s first trustless NFTFi that removes the need for valuation appraisal. The Neith NFT is based on the Appreciating Value of the asset, Neith Covenant, and incorporates both Utility and Premium Value, allowing the community to utilize the stability of NFTs in DeFi. Neith Station lies at the core of this protocol for the creation of NFTs, usability in DeFi, and claim through burning.The Neith Covenant is a mechanism designed to guarantee the Appreciating Value of assets, and the Covenant can be expanded to other assets such as DAO tokens and cryptocurrencies. We believe that the cumulative experience through these projects will change the community’s public perception on the value of NFTs and contribute towards the establishment of a robust NFT ecosystem.The Neith Covenant is provided to the community from the marketing budget allocated within the foundation’s reserve. The revenue derived from Neith NFT sales will be used toward WEMIX quarterly batch burn as well as investments to further the expansion of the WEMIX ecosystem.City of Neith Price OpenOn March 16th 12:00PM (KST), City of Neith will debut through NILE and mark the beginning of a new venture. Prices for the City of Neith, classified by Tier, are as follows:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/deff8dda92604541aac60249551189ea.png" />Invitation to the Great JourneyBased on the three essential values of NFTs, Utility Value, Appreciating Value, and Premium Value, experience the new paradigm of NFTs within the WEMIX3.0 ecosystem through Neith Station, the World’s first decentralized protocol-based NFTFi.Thank you.[About NEITH Station] https://medium.com/wemix-communication/unfolding-of-neith-station-in-nile-the-worlds-first-protocol-based-nftfi-b1517e36f401[NEITH Station Website] https://www.nile.io/ko/neith-station[Introduction Video] https://www.youtube.com/watch?v&#61;jdY3simW33QWEMIX Communication Channels:<a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.facebook.com/WEMIXBlockchain/" rel="noopener noreferrer nofollow">Facebook</a> | <a href="https://www.reddit.com/user/WemixNetwork/" rel="noopener noreferrer nofollow">Reddit</a>

Price Open for City of Neith

WEMIX

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