The news that webcams website giant BongaCams is launching its own NFT collection has been met with interest and excitement from digital art collectors and investors in the crypto world. BongaNFT launches on 20th January 2022, to mark the 10th birthday of the world’s largest webcam site.
BongaNFT Explained
The BongaNFT Anniversary Collection will be limited to 10,000 tokens. Non-fungible Tokens (NFT) are big business right now and take many forms. BongaNFT’s are delicately created female characters in recognition of the BongaCams success and are set to be desirable and collectable.
Although there are variations in rarity among the BongaNFT Anniversary collection each will be sold for 0.15 ETH. Right now, that equates to around $550. BongaNFT’s will be based on the Ethereum blockchain, one of the major such ledgers in the crypto world. Let us explain briefly how you can buy BongaNFT.
How to Buy BongaNFT
As BongaNFT (https://bonganft.io/) is based on Ethereum you will need a MetaMask wallet to purchase your digital art. This is a safe and secure online payment system for Ethereum and other blockchain currencies. There are detailed instructions as to how to set up such a wallet and begin purchasing. Once you have it set up all you need to do is read the details of the project at bonganft.io, the official website of the project.
Will a BongaNFT Be Valuable?
The market for NFT’s – which can take many forms other than digital art – is thriving, and there are notable collectors who invest in the market. The value of a BongaNFT will be determined by rarity and desirability, and as of now it is not possible to state what a BongaNFT will become worth.
What can be said is that there have been many instances at which NFT’s in the form of digital art have fetched surprising amounts at auction. That the BongaNFT launch is creating great interest means that values are likely to rise beyond the initial cost in the early days of the market. Yet there’s more to owning a BongaNFT than the value.
What You Get When You Buy a BongaNFT
Owners of BongaNFT’s become members of a decentralized community where the future of the project will be discussed. This is an exciting opportunity to become involved in a promising project with a bright future. Furthermore, regular raffles will be held exclusively for owners. Prizes may be a VIP membership to BongaCams. Also on offer will be unique BongaNFT’s, plus the opportunity to win thousands of tokens.
A major force to be reckoned with in the webcam world, BongaCams is entering a booming market with BongaNFT and how this develops over the next few years will be a focus for many in the crypto industry as well as those who collect digital art NFT’s. Be sure to buy yours as soon as they are launched as the initial 10,000 will sell fast.
