Introduction To Shadow Nite
Shadow Nite enables the NFTs creators and collectors on Shadow Nite NFTs Market and users can use the Shadow Nite governance token, NITE to vote for any platform upgrades and developments.
NFT (Non-Fungible Token) is a brand new evolution and essence in the Cryptocurrency space where Imagination and Aesthetic can be monetized and valued by the wide communities all around the world.
Arts (Painting/Digital Pic, etc…) can be monetized and bid by everyone using the blockchain technology which is the Internet of Freedom. With the faster than ever development of the latest blockchain technology by the creative individuals all round the globe, soon musics and other imaginative subjects/ideas soon can be monetized in the blockchain/ cryptocurrency spaces.
Shadow Nite is the one-of-the-kind extraordinary NFT marketplace where the users are able to mint, trade (buy & sell) digital collectibles (Digital Arts, Music, others…) WITHIN BINANCE SMART CHAIN with no coding or programming skills required. NITE tokens represent the governance of the Shadow Nite project. As NFTs market is growing rapidly with more users and investors start to pay attention as well as using NFTs platforms, the demand for freedom in governance of Shadow Nite project is inevitable which Shadow Nite will become a completely Decentralized Autonomous Organization.
By adopting the tech to become a fully decentralized autonomous organization, Shadow Nite project will be 100% driven by the community to make any important decisions as well as decisions and further improvements in the future. NITE tokens will be in the role for the community/token holders to govern the great Shadow Nite. A community driven project will become more successful because each of the token holders are responsible to the decision-making & further improvements of the project which any good ideas and suggestions by the community will be considered and voted.
NITE tokens are not just a governance token for the Shadow Nite project but also act as a reward mechanism for the active participants. NITE governance pool will be built and incentivize the token stakers.
So what can you do with your NITE tokens?
-Use it to vote for any proposals
-Stake it in the NITE governance pool and earn rewards
Shadow Nite DAO:
We already mentioned earlier that Shadow Nite project will fully adopt and becoming Decentralized Autonomous Organization which all decision rights will be on the hand of the Shadow Nite users/ community.
The system will automatically incentivize those who actively participating in any voting activities about any project improvement decisions & other major project development until the rewards ended. We truly believe that the fully decentralization of Shadow Nite will make this project become even more user-friendly and perfect than most centralized projects in the traditional financial market.
In simple words, the major purpose of Shadow Nite is to create a platform that allows artists and owners to reach a wider audience and find interested investors within Binance Smart Chain.
