Tron Foundation Strategic Investor To Social NFT Platform, Define

Published on: 24.08.2021

DeFine is the NFT social platform for all creators including artists, musicians, influencers, gamers. DeFine has received a strategic investment from Tron Foundation. The funds will be used for product development, NFT multi-chain ecosystem expansion, and the exploration of NFT-Fi and Metaverse.

DeFine has also become one of the first NFT platforms to receive investment from the Tron Foundation. As Tron Foundation participates in this investment as a strategic partner, the two parties will work together to develop the First NFT marketplace in the TRON ecosystem and launch auctions soon.

DeFine and Tron formed a strategic partnership earlier this month, becoming the leading NFT marketplace in Tron ecosystem. DeFine has given support to TRC721, leveraging TRON’s low cost and high performance to significantly boost interactions and lower the cost of NFT transactions. In the meanwhile, DeFine will bring its unique social profile system to TRON’s ecosystem by creating exclusive identity badges for users. Users will receive medals representing their various activities in the TRON ecosystem such as providing liquidity, participating in governance, and purchasing artworks. Medal-holders are entitled to extra benefits such as access to exclusive auctions.

ABOUT Define
DeFine is the NFT social platform for all creators including artists, musicians, influencers, gamers, and athletes. The platform facilitates all social interaction, engagement and communication for creators and their fanbase with digital assets like NFTs and social/fan tokens.

ABOUT Tron
Tron provides an efficient, convenient, reliable, secure, and scalable blockchain platform to millions of developers worldwide. In March, 2021 it launched the first NFT standard TRC-721 and improved the world’s largest distributed storage system BTFS, delivering a comprehensive and efficient infrastructure to convert artworks as NFTs on blockchain.

RESOURCES
Medium

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