“NFAs” NFT from ApeSwap.Finance

Ahmad Azharie Jaya
4 min readMay 3, 2021

The recent nft phenomenon is to go mainstream. Digital artists or people who make works of art or art collectors compete to participate in the nft world. It’s no wonder now cryptocurrency projects also enliven the nft world by adding features nft on the platform.

image source: bbc.com (from google images)

For those who don’t know what nft is. Nft is stands for non-fungible token. Nft is like an item that can be collected digitally. Nft is a blockchain technology that allows people to collect items such as artwork or photography and then trade the goods or nft to other people. To my knowledge, nft is not only limited to graphic art or photo artwork but other things can also be used as nft, for example, items in video games.

Then the question arises, what makes this nft special? Why are people willing to buy an NFT at a slightly high price? Even though the work can be downloaded or easy to find a copy of on the internet, examples of meme photos made NFT sell at fantastic prices. Yes, even though these meme photos are widely available on the internet, the presence of nft means there is 1 specific copy that shows the photo’s authenticity. The owner of the nft can be tracked via the blockchain.

The “disaster girl” meme just sold as an nft for $500.000

Maybe that’s a little bit of my understanding about nft. If my explanation is not clear, you can search for more on the internet about what nft is, how the mechanism works, what makes it so expensive and valuable, etc.

In this article, I will introduce you to one of the platforms, namely apeswap.finance, apeswap.finance is a defi (decentralized finance) or auto market maker like pancakeswap. You can trade buying and selling tokens on this platform, especially in binance smartchain (bsc) or bep20, besides the apeswap.finance defi feature, it also has a feature for you nft fans, so in this apeswap.finance, there is a feature called NFAs or non-fungible apes.

Non Fungible Apes (or NFAs) are a cryptographically generated set of 1,000 unique, rare, immutable, digital apes. Each ape is created by hashing a string (such as “Strong Ape”) to randomly generate a set of 6 characteristics: Base, Face, Frame, Mouth, Eyes, and Top.

How were these NFAs generated and the rarity tier of NFAs? you can read here https://obiedobo.gitbook.io/apeswap-finance/product-information/non-fungible-apes-nfas

Are you interested in becoming one of the nft collectors of these NFAs? You can buy on the nftkey website at the following link https://nftkey.app/collections/nfas/?nfasTab=forSale

As you can see on the nftkey website, these NFAs that sold there have price varies depending on the rarity level of the NFAs; I even saw someone selling their NFA for 100 bnb, which is quite reasonable considering he has NFA with a rarity level of 5. NFA level 5 is the rarest or the highest level of a rarity in NFAs.

NFA with rarity tier 5

And it could be that when you buy at such a high price and a few years later, along with the development of apeswap and the community’s growth, no impossible the price of NFA may be much higher as demand increases from nft lovers or collectors.

So it can be said that nft items can be used as an option for investment in the form of ownership of digital works, where originality and scarcity are the main attractions. Are you an nft lover? Maybe it’s time for you to take a look at the NFA.

Thank you for reading my article. For you, cryptocurrency lovers, apeswap.platform has many investment instruments on its platform, such as exchanges, liquidity pools, farming, lottery, etc. This is not financial advice, but if you are interested in knowing more about apeswap.platform, you can visit the links below:

My BSC Addres (For Verification) : 0x41Bb46D385e00094288Ae681334cD28aDb261C16