According to the official website of Rocket Global, the platform is a state- of – the – art project set to combine Centralized Finance (CeFi), Decentralized Finance (DeFi), and Decentralized Commerce (DeCo) to create an ecosystem of value adding products and services to a global audience.
Globally, art creators are leveraging the art world’s shift to the digital world through NFTs. And they are increasing their net worth while they’re at it, despite government crackdowns on cryptocurrency.
Non-fungible tokens, known as NFTs, are pieces of digital content linked to the blockchain, a digital database for cryptocurrencies such as bitcoin and ethereum.
While cryptocurrencies are fungible, which means they can be replaced and exchanged for the same unit in value — like trading one ethereum for another — NFTs cannot be mutually interchanged, and no two NFTs are the same, giving them scarcity value.
Mr. John indicated that “One of Africa’s largest and most untapped markets is the creator economy. Because of NFTs, creators across art, film, gaming, sports, etc can monetize their followers and intellectual property (i.e. ideas, copyright). They can have royalties and revenue streams across multiple assets. They can leverage their work to earn interest or borrow capital to create even more value and that is why we are excited to be able to create a Global NFT Market place with local focus”.
Rocket by Chiji14xchange is one of Africa’s leading crypto exchanges. Since it’s inception in 2018, the company has served over 80,000, who contribute to a monthly volume of over $12million, Rocket offers you a simple, secure and seemless crypto trading experience.
Rocket Global is set to be launched in November, 2021. Further information is available on the official website: www.rocketglobal.io