What is DeFine?
DFA is the native token of DeFine, which is an NFT social platform designed for all kinds of creative professionals ranging from artists to gamers and everything in between. This platform allows for communication and engagement while also utilizing both digital assets, as well as real assets, on the blockchain.
Take a look at the DeFine price chart above to see the current DFA price.
The initial protocol of the DeFine platform operates on the Ethereum blockchain. However, DeFine is also integrated with several other blockchains, including the Binance Smart Chain (BSC), TRON, Polygon, and FLOW. These integrations have significantly helped boost the DeFine price and ensure that transactions occur smoothly and efficiently.
Overall, the DeFine crypto project enables users to become a part of a private community while also having access to special merch and other digital assets given out by their favorite creators. Social profiles for each user on DeFine are made based on their NFTs.
The DeFine crypto project has various features, including:
- NFT marketplace, which has the additional benefit of social engagement. It features the NFT Pad feature that allows creators to sell their NFTs to their fans.
- NFT Exhibition Hall where creators and users can display their NFTs, even if they’re not for sale. This, essentially, acts as a museum or art gallery for each user.
- NFT Discovery Page that allows users to look up specific features of any NFT available on the platform.
Now, for users who want to take their NFT game one step further, there's the NFT Plus feature. It allows them to redeem their NFTs for physical or real-world resources. This also helps them to measure the value of their NFT based on the physical asset that their NFTs can be redeemed for. Users can redeem their NFTs for physical rewards such as albums, subscriptions, merchandise, and other luxury goods. Though they can also redeem them to receive tickets to concerts, private or VIP events, restaurants, and even popular sports matches.
DeFine Token
Holders of the DFA token can take part in the decision-making processes of DeFine by staking their DFA tokens. These decisions include new features, transaction fees, reward allocations, auctions, and much more. Thus, DFA essentially is a governance token.
However, besides that, DFA coins have many other use cases. This includes covering transaction fees, rewarding network users, utilizing DFA for NFT auction mechanics and wagering, and so on.
If you plan to buy DeFine tokens, make sure to analyze the current and the previous DFA price before doing that. You can use the DeFine price chart above for that.
