How much do you know about NFT taking over the new DeFi track?
NFTs-what are they and how do they enter this space?
NFTs are irreplaceable tokens and are becoming more and more popular because they can tokenize almost anything that can be distinguished. Applications include tokenized real estate, company shares, educational certificates, games, paintings, songs, diamonds, identity, voting, loyalty programs, sources in the supply chain, invoices, bills and other special and special items in financial documents. This is The reason why people increasingly regard NFT as the next big thing in blockchain implementation.
NFTs are different from fungible coins, which are tokens that are indistinguishable from each other-this means that if you exchange one gold bar for another, one banknote is exchanged for another banknote, or a bag of sugar is exchanged for Another bag of the same weight and quality of sugar, they are replaceable, easy to replace and cannot identify each other. Fungible coins are also divisible, but NFTs are not.
Other types of blockchain/virtual currency
In short, utility tokens provide functions such as rewards or vouchers that give holders the right to use certain services or products provided by the issuer of utility tokens.
Securities tokens represent the ownership of assets, similar to securities, and provide rights to holders of securities tokens, such as voting rights, dividends, economic rights, etc.
As long as they can be used as a medium of exchange, many jurisdictions treat utility tokens similarly to payment tokens, which means payment tokens (for example, how Singapore treats utility tokens and payment tokens as digital payment tokens). Act as a store of value and medium of exchange, such as Bitcoin and Ethereum.
How to distinguish between NFTs.
NFT usually does not grant token holders any rights that conflict with the issuer, because the typical situation is for example a unique baseball card, Pokemon or Magic the Gathering trade card, and the buyer and the holder just buy the NFT As collectibles, buying these cards will not give them any rights that conflict with the manufacturer of the collectibles.
Innovative ways to use NFT appeared on the market. One of the methods is the Kingswap project. The community will benefit from purchasing NFT. The project has issued 3 NFT levels: King Vamp-King, Queen Sparkle-Queen and Knight Lancelot -knight.
Buyers of these three types of NFTs of the KingSwap project can obtain loyalty rewards from the $KING tokens issued by the Kingswap project. This allows buyers to enjoy similar benefits with early users of the very popular Uniswap project, which airdropped 400 UNI tokens to all users before September 1, 2020, which is a great deal for early supporters. Huge bonus (approximately US$1,200 for free rewards, the price of UNI tokens is the initial issuance price at the time of issuance, each is US$2,90.) 
KingSwap project's King Vamp-Kings NFT buyers will enjoy the KingSwap project award The top reward (enjoy 60% of the airdrop), including its $KING token, and any market airdrop to promote its new project launched on the KingSwap decentralized exchange. 
Queen Sparkle-Queen NFT buyers will receive intermediate rewards from this type of airdrop (30% of the airdrops), and Knight Lancelot-Knight NFT buyers will enjoy basic level rewards (10% of the airdrops) from this type of airdrop. These are some of the most cutting-edge and innovative ways proposed by the KingSwap project to reward early adopters, loyal community members and supporters by issuing NFTs.
Remarks: 1) KingSwap is supported by a reliable team, and its development meets strict regulatory requirements
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Users can exchange their cryptocurrency into legal currency through our OTC portal, and they can choose to transfer the legal currency to our issued VISA/UnionPay card
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Follow the popular UniSwap liquidity pool model and repay the community by providing liquidity contributors with a way to earn income from transaction users' transaction fees.
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Early LPs (liquidity providers) can get rewards from KingSwap before migrating the liquidity pool
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After the launch of KingSwap, there will be a number of secret airdrops to early supporters of Kingswap NFT and early liquidity providers and users of the platform.
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When you provide us with $KING, you can earn more $KING! Earn more discounts by providing more $KING for a long time, such as 0% King Card transaction fee, higher contribution rewards and more merchant discounts, such as: free Spotify, Netflix exclusive members use airport lounges, shared office space worldwide Offices and so on.
Benefits:
KingSwap is an exciting new type of decentralized digital exchange, which optimizes the competitive model and protocol of the successful DeFi protocol UniSwap. KingSwap is a branch of UniSwap, with some new functions, the main difference lies in the autonomous governance of the community.
For beginners and more advanced users, KingSwap's goal is to open up new ways and combine the current reward pool to earn $KING. This will completely change the industry and bring benefits to all relevant participants.