Here are some advantages of Dora tokens in the NFT market.
NFT trading payments:
On some NFT trading platforms, Dora tokens can be used as a payment method to purchase various NFT works. For example, art creators can mint their digital art works into NFTs and sell them on the platform, where buyers can use Dora tokens to complete transactions. This provides a new payment option for buying and selling NFTs, especially for those who are familiar with and hold Dora tokens, making transactions more convenient.
Support for crowdfunding and financing of NFT projects:
Some emerging NFT projects may need financial support during their initial launch for development, promotion, etc. Project teams can attract investors to participate in investment through crowdfunding activities based on Dora tokens. Investors will receive a corresponding proportion of NFT project rights or future profit sharing based on the number of Dora tokens they invest.
Purchase and trade of NFT game items:
In NFT-based games, in-game items, equipment, characters, etc. exist in the form of NFTs. Dora tokens can be used to purchase these NFT items in the game, and players can use Dora tokens to trade with other players in the in-game market or related trading platforms, enhancing the liquidity and value of game items.
Participate in the governance and decision-making of the NFT platform:
Some NFT platforms adopt a decentralized governance model, where users holding Dora tokens can participate in governance decisions of the platform, such as voting on the review standards for NFTs on the platform, transaction rules, fees, etc. This allows users to have a certain influence on the development direction of the NFT platform, safeguarding user rights and ensuring the healthy development of the platform.
Incentivize NFT creators and community contributors:
NFT platforms or related projects can use Dora tokens to incentivize outstanding NFT creators and users who contribute to the community. For example, creators of popular NFT works will be rewarded with a certain number of Dora tokens; users who actively participate in community discussions and promote NFT projects can also receive Dora tokens as incentives, thereby promoting the activity and development of the NFT community.