What currency is BNU? Learn about the ByteNext project in one article

The full English name of BNU coin is ByteNext. In fact, this ByteNext project builds an AvatarArt platform, which can support art creators around the world and help them turn their paintings into NFTs on the Binance Smart Chain, and These NFTs can be auctioned and traded globally. AvatarArt can be a pioneer and bring the real value of life into the NFT space. The BNU coin I want to introduce to you today is the utility token used in the AvatarArt ecosystem. So what currency is this BNU? Let the editor take you through an article to understand ByteNext/BNU currency.

What currency is BNU?

ByteNext is a blockchain incubation center designed to promote the full realization of the Metaverse economy. Its first incubation project is "Avatar Art". The rise of NFT marks the beginning of a new era, which introduces a new scarcity model and provides creators with a mechanism that can continue to serve. This model goes beyond the characteristics of the great works of art themselves to include the curatorial processes that shape the next Mona Lisa or Starry Night.

AvatarArt’s goal is to create authentic virtual reality experiences in the field of art. With NFTs based on physical art, ByteNext has laid a solid foundation for our assets in the virtual world. With AvatarArt, ByteNext will not only lead the Vietnamese NFT movement with world-class curation standards, but also establish a program to provide immersive virtual experiences to creators and novice enthusiasts. In addition to curating physical art NFTs that come with professional inventory and insurance, AvatarArt also opens the door to the digital world with generative art NFTs, social NFTs, and digital NFTs.

They have built a powerful launchpad based on FLOW, aiming to incubate top NFT projects. Additionally, they have their own decentralized exchange (DEX), providing a seamless and secure access experience for those using crypto wallets for the first time. This allows all INOs and transactions to be easily executed and provides competitive low-cost services with its native token BNU.

ByteNext Project Introduction

The continuous development of blockchain technology provides unlimited possibilities for fields such as DeFi and NFT. ByteNext is committed to providing a systematic approach to promote the maximum development potential of blockchain technology. By building a strong technology stack and infrastructure, ByteNext is committed to solving daily problems and promoting innovative applications of blockchain technology. ByteNext’s efforts are aimed at ensuring the continued growth of blockchain technology in an ever-changing environment and supporting the development of areas such as DeFi and NFTs.

Powered by Binance Smart Chain, ByteNext is developing a unique NFT marketplace designed to provide more opportunities for artists. AvatarArt is an innovative platform that converts the works of leading artists into NFTs and displays them in exhibitions and public auctions using virtual reality technology. The platform’s goal is to bridge the gap between artists and art lovers and enhance trust by increasing authenticity in the NFT space. This generation of NFT platforms is committed to supporting global artists and helping them easily convert their works into NFTs, thereby expanding the impact of their creations.

To realize its vision, the company has received strategic financing from leading blockchain investors and leaders. These investors have expressed strong support for AvatarArt’s vision to bring real value to the NFT world. This round of financing attracted the participation of many well-known investment companies and KOLs. These funds will be effectively used to support product development and drive marketing activities.

The editor has already introduced the information that BNU is a ByteNext token in the previous article. The ByteNext project has completed the release of its official website and white paper, which details the project’s technical infrastructure and overall philosophy. According to the white paper, once the platform is launched, ByteNext will actively promote platform participation by working with strategic partners and companies. These initiatives will greatly improve user experience and help ByteNext gain more applications in other fields.

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