Decentralized social media network Uhive to enable users turn profiles into NFTs By BTC Peers

Decentralized social media network Uhive to enable users turn profiles into NFTs

First of its kind, Uhive is a decentralized, AI-based, and blockchain-powered social media network. Using a unique and innovative interest-based model that rewards users, this social media network is disruptive.

Featuring Spaces, a unique and interactive interface or virtual land, this network according to a recent press release will enable users to mint their profile or Spaces into NFTs. Users on the network will have the right to mint Spaces into tokens and have them transferred to their various digital wallets. With these tokens in their possession, they can decide to either sell or exchange them.

Uhive’s decision to enable the minting of Spaces is in line with the network’s core values; rewarding users and creators on the network.

Using the network’s native token Uhive Token HVE2, an ERC-20 token, users can purchase Spaces. The token does not just power this blockchain-based network, but it complies with a set of predetermined guidelines which allow it to be a tradable asset.

In addition to the Uhive Token HVE2, this AI-based social media network has a native currency LATOKEN which investors and traders alike can own and exchange for ETH, Tether, etc.

The integration of this key feature into Uhive as well as other partnerships reported by BTC Peers is proof that NFTs offer limitless opportunities.

Continue reading on BTC Peers

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published. Required fields are marked *