Kred NFT is a new class of digital asset for sharing and connecting, powered by Blockchain and SocialOS. Together with the Kred NFT application, it is designed for giving, tracking and playing. It is based on:
A Kred NFT is not a cryptocurrency - it is a non-fungible collectible asset. Each NFT derives value from the Moment it represents, its Circulation Trail and the social capital that comes with holding, trading or gifting the Coin.
Stellar is fast and with no additional cost. ERC20, ERC721 and IPFS tokens can be traded on Stellar. If you want to trade on the Ethereum blockchain, that trade costs gas. “Gas” is the processing cost of powering a transaction on Ethereum. You can write your transactions to the Ethereum blockchain if you pay the gas. If you wish to store your Ƙred NFT transactions on the Ethereum network, we pass on the gas fee.
No - Kred NFTs are a Non-Fungible Digital Asset and are not a Cryptocurrency. There is no Kred NFT ICO.
To understand why CryptoCurrencies have value you must understand what gives them Value.
The following are some of the drivers of cryptocurrency prices:
Many Brands are finding that reaching their customers and leads is becoming more difficult - People aren’t opening emails and have become trained not to click on ads.
Branded Kred NFTs are a disruptive technology to help Brands cut through.
Create your Brand's own digital collectibles and give your leads and existing customers something worth real value that carries the message of your brand.
There are some important differences between your Brand's customized NFTs and Bitcoin:
One of the benefits of creating and sharing your Brand's own Kred NFTs is that it helps build your Contact list.
Every NFT that you create is a network, and as that NFT changes hands between your customers or leads, they are added to the network.
PeopleBrowsr's Engagement Center provides CRM style visibility into each of these networks, displaying each Contact's card, including for example, their:
Much like the internet helped stores evolve from brick-and-mortar physical locations to e-commerce, the introduction of Blockchain is helping facilitate the evolution of branded collateral from stressballs and fridge magnets to digital tokens and collectibles.
CƘr is the base currency (ERC20 protocol) that powers Kred Coins.
There are a few ways you may have received your CƘr:
Now that you have some CƘr, you can:
Gift Minted NFTs that have a unique theme. Gifting it to members on the NFT.Kred platform could be a way to start maximizing your NFTs social value.
The amount for which you might be able to sell your NFTs on the Marketplace will depend on what other Members are willing to pay for your NFTs.
The Crypto Collectibles and Digital Tokens universe are constantly changing with new technologies and government regulations around the globe.
One of the purposes of such regulations is to increase vigilance and safeguards against illegal money laundering (AML - Anti Money Laundering) using digital currencies.
Companies like NFT.Kred who help trade between virtual and fiat currencies are required to do client due diligence (otherwise called Know Your Customer, or KYC) in certain regions.
To complete our KYC process, you are required to submit the following:
Kred has applied for Austrac registration and are in the process of applying for Fincen registration. We are fully committed to be 100% compliant with KYC requirements.
This will provide assurance in the transparency of our internal processes and sustainability of our operations.
Not completing the KYC compliance process will limit your ability to use Kred Coins in the following ways:
Yes. Giving a Kred NFT is an act of Outreach and is rewarded by boosting your Kred Outreach Score by 10 Pts.
Receiving Kred NFTs as a Gift boosts your Kred Influence Score by 10 pts.