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What Is Griffin Art (GART)?
Griffin Art combines NFTs and GameFi by integrating their NFT marketplace with popular mobile games featuring mythological creatures. The project is powered by $GART, a reliable and hyper-deflationary token.
Griffin Art was launched on 25/07/2021 by a team based in Turkey.
What can users find on the Griffin Art platform?
The Griffin Art platform aims to create a universal ground for talented artists of various types, bridging the gap between mainstream and niche digital artists. They offer a sleek, easy-to-use interface, a creator-centric marketplace, cost-efficiency, dimensional support, and universality for their users (creators, collectors, traders). The market entry strategies of Griffin Art include launching an NFT marketplace for NFT generation and introducing a governance token ($GART) for the community. Griffin Art is an all-inclusive NFT marketplace that utilizes the accessibility, NFT sharing, creation, and ownership potential of the Binance Smart Chain.
Griffin Art also presents popular mobile games integrated with the $GART token and the NFT Marketplace. Players can play, trade, use NFT items, and earn tokens in the game. The first game on the Griffin Art platform is called "Griffin Land," a 3D multiplayer game where users can engage in battles. By completing tasks and participating in duels, users can earn $GART tokens.
What are the $GART token's features?
7% Buyback: The $GART token includes a buyback fee that automatically deducts 7% of all transactions and sends it to the contract wallet. The contract wallet has a buyback mechanism that sells the accumulated GART tokens when the amount reaches a certain number. It uses the BNB received from the sells to buy back GART tokens before each sell, and then burns all the tokens it purchased. This ensures that there are no consecutive sells, and the circulation supply decreases with a price increase. The buyback mechanism has been upgraded to prevent abuse by bots.
2% Redistribution: The $GART token also features a redistribution function that takes 2% of the token amount from each transaction and distributes it proportionately to the token holders. This means that the token balance of each holder increases with every transaction.
Answers
What is Griffin Art (GART)?
Griffin Art combines NFTs and GameFi by integrating their NFT marketplace with popular mobile games featuring mythological creatures. The project is powered by $GART, a reliable and hyper-deflationary token.
Griffin Art was launched on 25/07/2021 by a team based in Turkey.
What can users find on the Griffin Art platform?
On the Griffin Art platform, users can find a universal ground for talented artists to showcase their work, bridging the gap between mainstream and niche digital artists. The platform offers a sleek, easy-to-use interface, creator-centric marketplace that is cost-efficient, dimensional supported, and universal. Griffin Art's market entry strategies include launching an NFT marketplace for NFT generation and a governance token ($GART) for the Griffin Art community. The platform harnesses the potential of Binance Smart Chain for accessibility, NFT sharing, creation, and ownership.
Griffin Art also presents popular mobile games integrated with the $GART token and the NFT Marketplace. Players can play, trade, use NFT items, and earn tokens in the game. The first game on the Griffin Art platform is "Griffin Land," a 3D multiplayer game where users can engage in battles. To earn $GART, users need to complete tasks and participate in duels.
What are the $GART token's features?
Buyback: The $GART token has a buyback fee of 7% on all transactions. This fee is automatically sent to the contract wallet, which has a buyback mechanism. The mechanism sells the GART tokens when the amount reaches a certain number and buys them back with the BNB it receives from its sells. It then burns all the tokens it bought, ensuring there are no consecutive sells. This mechanism prevents abuse by bots, as certain parts of the function have been upgraded to prevent exploitation.
Redistribution: The $GART token also features a redistribution function that takes 2% of all transaction tokens and distributes them proportionately to the holders. This means that the token amount held by each holder increases with every transaction.
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