What is Griffin Art?
Griffin Art: Merging NFTs and GameFi to Empower Digital Artists
Griffin Art is an innovative project launched in July 2021 by a Turkey-based team. The platform merges non-fungible tokens (NFTs) and GameFi, integrating their NFT marketplace with popular types of mobile games based around mythological creatures. The project is powered by a reliable and hyper-deflationary token known as $GART.
On the Griffin Art platform, a diverse array of talented artists can showcase their work and bridge the gap between mainstream and niche digital artists. The team is building a universal ground for various types of creators, collectors, and traders to interact with a sleek and easy-to-use user interface. Griffin Art will be an all-inclusive NFT marketplace that harnesses the potential of Binance Smart Chain to offer accessibility, NFT sharing, creation, and ownership.
Griffin Art presents a series of popular mobile games that are integrated with the $GART token and the NFT marketplace. Players can enjoy playing, trading, using NFT items, and earning tokens in-game. The first game on the Griffin Art platform is "Griffin Land," a 3D multiplayer game that allows users to fight with each other. Players can earn $GART by completing tasks and joining duels.
One of the most exciting features of Griffin Art is the $GART token. It has a 7% buyback fee that automatically takes 7% of all transactions and sends it to the contract wallet. The contract wallet has a buyback mechanism that automatically sells the GART tokens it has when the amount reaches a certain number. It then buys back the GART tokens every time before a sell happens, using the BNB it gets from its sells. The mechanism ensures that there won't be two sells in a row, and circulation supply will always decrease with a price increase. Bots cannot abuse this buyback mechanism since some parts of the function have been upgraded to prevent that.
$GART also has a 2% redistribution function that takes 2% of all transaction token amounts and proportionally distributes them to the holders. This means that the amount of tokens that a holder has will always increase with every transaction, providing a unique incentive to hold onto the token.
Griffin Art is a unique and innovative project that aims to empower digital artists and revolutionize the NFT and GameFi markets. By combining NFTs and mobile games with a hyper-deflationary token and a sleek user interface, the platform provides a unique opportunity for creators, collectors, and traders to showcase, trade, and earn tokens for their work. With the potential to attract a diverse and extensive community, Griffin Art is poised to become a major player in the NFT and GameFi space.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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