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VanCatToken allows users to easily deposit BEP-20 tokens (ANY tokens) into an NFT. A scarce NFT (e.g. Art, Collectible, Virtual Real Estate, In-Game Item, etc.) can now be transformed into a basket holding a number of other tokens. VanCatToken platform is a new protocol layer, enabling a new world of NFTs. For our public launch, we’ll also be releasing the first decentralized application (DApp) on top of the VanCatToken Protocol, focused on Art/Collectible NFTs.
Our initial DApp is developed to be used with the growing crypto art market, with plans to rapidly expand with additional DApps covering more of the NFT space in the coming quarters.. Why CryptoArt? Well, CryptoArt is huge right now (and likely will get a LOT bigger), and we want to give Artists a tool to do more (dare we say, make more “interest-ing”) with their Crypto Art.
Our DApp allows users to Mint / Create an NFT and then deposit the asset of their choice into this and create their own NFTs. In our v1 web application, we’re only supporting NFTs that are created using the VanCat NFT Minting Station. We’re doing this to ensure safety for users on the platform. Users can mint their own NFTs or choose to purchase others created by VanCatToken platform users.
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