Ekta is a popular protocol that combines the digital and physical worlds. EktaChain’s mainnet uses the power of Blockchain to tokenize real world assets. EktaChain facilitates representation of real assets as well their value in virtual analogs.
Ekta is a platform that allows users to develop a strong portfolio of real-world assets. This can be done on-chain for investors of all kinds and budgets. The mission of Ekta is to tokenize traditional businesses and other natural resources, allowing both individual and corporate investors to make money with their assets.
Ekta NFT Marketplace
Ekta has outlined its plan and will launch an NFT marketplace. The non-fungible token is an emerging technology which has quickly become a significant industry. It’s now one of the main tools for brand marketing, advertisement, funding, and other purposes. NFTs are only sustainable if they’re backed up by assets and real-world uses.
Ekta was launched in August 2021. It is one of the best decentralized protocols for aligning blockchain and the real world. The NFT market is being developed by Ekta, which will be transparent and open to all NFT lovers.
Ekta is a cross-chain NFT platform which will allow physical assets to be exchanged with digital representations. Ekta NFT Marketplace will be a platform where NFT developers, owners and users of physical assets can interact through virtual collections.
Ekta’s Vision for its NFT Marketplace
Ekta’s mission is to bridge blockchain to the physical world and spearhead mass-market adoption. Ekta’s goal is to create platforms that provide real-world utility to communities and people that aren’t on-chain. Ekta’s vision to create profit and purpose with its NFT marketplace will be realized.
Below are examples of physical assets that might be used as NFTs.
- Real estate
- Verified Carbon Units, (VCU).
- Startup companies can get equity
Ekta will allow users to tokenize assets of different types, including properties, utilities and other services, no matter where they live.
Ekta is also a supporter of project development in different sectors such as clean tech, smart tech, alternative medicine, ocean start-ups aquaponics or permaculture.
The overall functionality of the Ekta ecosystem includes some features already launched like its own blockchain explorer (ektascan.io), its own bridge (bridge.ekta.io); and soon-to-launch platforms like the Ekta NFT marketplace, Ekta’s Hybrid Exchange (HYBEX), and Ekta Wallet. With all the available tools and functionality of Ekta’s blockchain mainnet, the protocol’s ecosystem empowers different partners and projects the right platform for development and profitability.
Are Ekta and Safe?
EKTA tokens cannot be mined, however you can not get new tokens from outside sources. However, the mainnet has already pre-mined them. It entails that EKTA’s digital currency is not completely decentralized which poses a security concern. Ekta can save a lot of electricity by using its pre-mined token. Users new to Ekta World may want to consider all security precautions, such as two-step authentication.
Ekta is a good choice.
Ekta’s best feature that attracts new users to it is its access to real assets. For instance, you can buy land and real estate in Indonesia through Ekta’s NFT Marketplace. Ekta’s pre-mined digital tokens mean that Ekta has a lower carbon footprint than other companies.