APENFT was officially registered in Singapore on March 29, 2021. The main reason for its generation was to capitalize on opportunities and address industry pain points.

<h2>Core Businesses of APENFT Include:&nbsp;</h2><ul><li>Investing in top NFT platforms and artworks</li><li>Incubating leading NFT artists&nbsp;</li><li>Build a bridge between world-class artists and the NFT world by&nbsp;</li></ul><ol><li>Sponsoring galleries</li><li>Organizing art exhibitions and publications</li><li>Establishing awards to support art creation and criticism</li><li>Building art collections.</li></ol>By applying blockchain technology to the NFT world, APENFT Fund expands the use cases of blockchain. The Fund purchases well-known traditional and NFT artworks as underlying assets, and works to improve the NFT trading standard. It provides support to&nbsp;<ul><li>Government agencies</li><li>Universities</li><li>Lawyers</li></ul>There are now three major use cases in the blockchain industry, namely.&nbsp;<ul><li>Value exchange</li><li>Collaboration</li><li>Record-keeping</li></ul>The unique NFT fits in all three of the use cases. It is not only a hot trend in the blockchain industry but also a critical element that is very likely to revolutionize the industry and take it to the next level.&nbsp;<h3>What is the Technology Behind APENFT?</h3>APENFT operates on a fascinating blend of the following blockchain technologies:&nbsp;<ul><li>Ethereum</li><li>TRON</li></ul>This combination allows APENFT to -<ul><li>Register artworks as NFTs on chains.</li><li>Ensures the authenticity and provenance of digital art pieces.&nbsp;</li><li>Provides a robust foundation for the platform</li><li>Combines Ethereum's widespread adoption and smart contract capabilities&nbsp;</li><li>Has low transaction costs.</li></ul>BTFS is a scalable and secure file storage system that ensures the integrity of data and makes it available for everyone.&nbsp;BTFS reduces the risks that are related to data loss and prevents single points of failure. This decentralised approach is important to enhance the security and ensure that the digital artworks are easy to access and free of tampering.The blockchain technology of APENFT uses various ways to prevent security attacks. For instance, Ethereum and TRON use consensus algorithms. They are very important because they help to maintain the network security in the best way.&nbsp;APENFT's core businesses extend beyond just registration and storage of NFTs. The platform actively -<ul><li>Invests in top NFT platforms and artworks</li><li>Incubates leading NFT artists</li><li>Builds a bridge between world-class artists and the NFT ecosystem.&nbsp;</li></ul>This multifaceted approach -<ul><li>Promotes the adoption of NFTs&nbsp;</li><li>Fosters a vibrant community of artists and collectors.&nbsp;</li></ul>APENFT supports art creation and criticism, further enriching the cultural landscape through the following major activities:&nbsp;<ul><li>Galleries’ sponsorships</li><li>Organization of exhibitions</li><li>Award ceremony setups&nbsp;</li></ul>The APENFT Fund plays an important role in the expansion of the use cases of blockchain technology. By purchasing well-known traditional and NFT artworks as underlying assets, the Fund aims to -<ul><li>Improve NFT trading standards.&nbsp;</li><li>Provide a stable foundation for the market.</li></ul>The Fund also collaborates with a variety of:&nbsp;&nbsp;<ul><li>Government agencies</li><li>Universities</li><li>Lawyers</li><li>Industry experts&nbsp;</li></ul>This takes place to develop very important policies that ensure the healthy development of the NFT industry.What are the real-world applications of APENFT?APENFT (NFT) is a cryptocurrency that aims to bridge the gap between traditional art and the digital world through blockchain technology. The most important real-world application is to utilize BTFS decentralized storage. This protects the NFT data and various resources. This ensures that&nbsp;<ol><li>Digital art and other NFT assets have secure storage and easy access</li><li>Makes the digital ownership more reliable.</li></ol>APENFT engages its community through airdrops and campaigns. It allows participants to earn NFT rewards. This incentivizes user engagement and promotes the adoption of NFTs. Therefore, they are easy to access for a broader audience.&nbsp;APENFT invests in top NFT platforms and artworks. It incubates leading NFT artists, and sponsors galleries and art exhibitions. These activities&nbsp;<ol><li>Helps to build a bridge between world-class artists and the NFT world</li><li>Promotes a combination of traditional and digital art.</li></ol><h3>What Are the Key Events of APENFT?</h3>APENFT (NFT) is an important part of the blockchain and cryptocurrency. It was registered in Singapore on March 29, 2021.&nbsp;One of the early notable events for APENFT was the APENFT X CMC airdrop. This event caused a high buzz and participation. This shows APENFT has a huge commitment to community engagement and expanding its reach. It was a strategic move to increase awareness and adoption of the NFT token.In the same year, APENFT had its own marketplace and token launch. It provides a platform for artists and collectors to trade NFTs. It leverages blockchain technology and ensures transparency and security.&nbsp;Another significant milestone was the Space NFT Whitelist Campaign. The campaign’s main aim was to attract a broader audience and incentivise participation in the APENFT ecosystem.&nbsp;APENFT has a collaboration with artists and intellectual properties (IPs). These partnerships support the platform and help it offer unique and valuable NFTs. It also bridges the gap between traditional art and the digital world.&nbsp;<h3>Who Are the Founders of APENFT?</h3>The founders of APENFT are Justin Sun and Sydney Xiong. Justin Sun is a prominent figure in the blockchain industry while&nbsp; Sydney Xiong is known for her expertise in art and blockchain.

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