Red Kite and Quoth provides you great news about our first collaboration coming up next week. In this information, let’s learn more information in regards to the project and $QUOTH IDO that will be launched on Red Kite.
Quoth is the only all-chain NFT oracle with a Google-like search query allowing an all-in-one platform to validate, mint, and bridge NFTs employing an individual protocol. By redefining NFT ownership through infrastructure, Quoth’s oracle API and SDKs enable any wallet, marketplace, or protocol to locate and list authenticated NFTs reliably.
Quoth will assist collectors in verifying the authenticity of NFTs on any marketplace on any network to avoid copies play to earn of projects, ensure originality, and maximize benefits.
The platform will make sure everything passing as an NFT is not just a fraud nor a copy of another.
Marketplaces will verify NFT projects for pre-listing to be able to guarantee authenticity.
Collectors can bridge assets to all or any chains to access deeper liquidity and yields using common DeFi protocols.
Owners can maximize their profits by fragmenting the initial NFT into multiple chains.
Quoth platform will securely connect NFT assets to various networks, permitting them to access a broader range of collectors.
The platform offers an AI recommendation engine for NFT appraisals and similar for-sale options algorithms.
$QUOTH is a functional multi-utility token that will be utilized since the medium of exchange between Quoth participants in a decentralized manner. It facilitates and secures payment and settlement without intermediaries. $QUOTH tokens provide the economic incentives to encourage individuals to contribute and be active in the Quoth ecosystem. Consequently, a mutually beneficial system will undoubtedly be created where every participant is pretty compensated for their contributions.
With the top features of minting, verification, authentication, and bridging, Quoth typically takes security and preservation of metadata to a brand new level.