Over the time blockchain network has evolved and gave us new ideas on how the technology can be utilized. The idea of NFT came about.

Non Fungible tokens have discreet transaction details that can be used to purchase digital art, music, and other assets. The owner has the rights to the original piece. Even though you can simply download the art associated with the NFT but the process offers you what others don’t have i.e. ownership. Websites like OpenSea and Rarible offer NFT purchase and selling.

But NFTs were limited to digital pieces whether it is music or art or anything else. That is where EcoFi comes in.

EcoFi is building a network that is allowing the purchase of physical and actual art through the help of blockchain technology. The project has been highly praised in the crypto community and has gotten support from many influencers and the crypto community as well as Art enthusiasts.

The thing that is even more amazing is the fact that they are featuring art from some of the most amazing Artists that we have ever seen. Artists like Vincent Van Gogh, Pablo Picasso, and Andy Warhol have their arts available on the EcoFi platform.

How Does the Platform work?

In order to start, you need to connect your ERC wallet with UniSwap and purchase EcoFi by swapping Eth.

Their NFTs can be bought and sold at HYPEROBJECT. It is an NFT gallery space founded in 2020. In order to buy and sell NFT, you need SPRT token. This can be done by staking your EcoFi.

About the Coin

According to the official sources, the distribution is as follows:

• 10% Team
• 10% Platform Development
• 10% Private Equity Investment
• 60% Community Offerings and Liquidity
• 5% Marketing
• 5% Overhead and Support

According to Coingecko, the all time low is $1.30 on 29th July 2021. Currently, the EcoFi is being traded at a price of $15.02 and had a decrease of 18.5% in the last 24 hours. Overall this is almost an increase of 1000% in a month alone.

In an AMA, when asked about the future of EcoFi, Kevin Monahan who developed the Block Chain said:

“We’re working on doing certs of Authenticity on blockchain via nft, which would eliminate a huge part of the forgery market. Digital/ar skins, Fashion, music, and real estate. . .”

We can expect huge development in the project.