MONNFTS token is on a surge for the past 24 hours leading to a worldwide trend in the cryptocurrency world. It is one of the fastest rising coin in the digital currency terrain, which a lot of investors have singled for research. Most often, these tokens are usually weak to invest hugely on, as a result, a lot of money have been gained and also lost depending on the legitimacy of the project. This review will guide you and explain MONNFTS in a way you will understand.
For those that lost out when Bitcoin, Ethereum, Dogecoin all had a quick run up, you will want to learn more about this token for FOMO. On this article, we will review MONNFTS by explaining what the coin is about, listing the pros and cons, the supply and how legit/safe the token is for investors.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
What is MONNFTS?
Monnfts helps creators mint and auction their digital artworks as NFTs on the BSC blockchain. As collectors bid, they fuel a new system of value for online expression.
Core businesses of MONNFTS include: investing in top NFT platforms and artworks, incubating leading NFT artists to build a bridge between world-class artists and the NFT world; sponsoring galleries, organizing art exhibitions or publications, and setting up awards to support art creation and criticism; establishing art collections, etc.
By applying blockchain technology into the NFT world, MONNFTS Fund expands the use cases of blockchain. The Fund purchases well-known traditional and NFT artworks as underlying assets, and works to improve the NFT trading standard. It provides support to government agencies, universities, and industry elites in issuing policies that govern the healthy development of the industry.
Not available on coinmarketcap.
Pros and Cons of MONNFTS
Pros of MONNFTS
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
Cons of MONNFTS
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on exchanges
- No Github profile
- They have no reddit acount
- No Bitcointalk thread created
- No traceable features on tradingview
Is MONNFTS Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, MONNFTS have a very weak back up for the token they produce. Their public profiles are vague therefore making it difficult to determine their level of transparency.
Is MONNFTS Safe?
Being willing to invest in the token is a question entirely up to you to answer. The token with a weak backup, will likely succeed or not depending on whether the project team puts in an effort to sustain the project.
Make personal research on the coin, visit coin’s official website.
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