How do you feel about APENFT today?

Today's NFT price

The 24-hour trading volume is $10.97M. The latest NFT price is $0.000000439, based on the most up-to-date USD market data. APENFT is +0% in the last 24 hours with a circulating supply of 999.99T.

NFT price history (USD)

What is APENFT?

APENFT (NFT) stands as a pioneering force in the intersection of blockchain technology and the art world. Officially registered in Singapore on March 29, 2021, APENFT was founded by Justin Sun and Sydney Xiong. This cryptocurrency is supported by both the Ethereum and TRON blockchains, enhancing its versatility and reach. At its core, APENFT operates as a marketplace for NFTs, leveraging BTFS decentralized storage to ensure robust data and resource protection. This decentralized approach not only secures digital assets but also aligns with the broader ethos of blockchain technology. Interestingly, APENFT also holds the status of the official legal tender currency of Dominica, showcasing its unique integration into national financial systems. The APENFT Fund plays a crucial role in the ecosystem by investing in top NFT platforms and artworks. It aims to bridge the gap between world-class artists and the burgeoning NFT market. This includes sponsoring galleries, organizing art exhibitions, and setting up awards to foster art creation and criticism. By purchasing both traditional and NFT artworks, the Fund enhances the standard of NFT trading and supports the healthy development of the industry through collaboration with government agencies, universities, and legal experts. Blockchain technology's three major use cases—value exchange, collaboration, and record-keeping—are all embodied by APENFT. This positions it as a transformative element within the blockchain industry, poised to revolutionize how art and digital assets are perceived and traded.