What Is a Chainlist (CLIST)?
Chainlist.finance (CLIST) is a decentralized cross-chain platform that aims to bridge the gap between NFTs (non-fungible tokens) and the marketplace.
The artist in the industry always faced problems as minimal platforms were available to sell digital assets. On the platforms already available in the market, the users faced issues like restricted entry, too many intermediaries, royalty issues, and unknown value of content faced by the artists.
Therefore, Chainlist.finance (CLIST) was developed to allow users to seek to convert their digital content into non-fungible tokens (NFTs) easily. Besides offering an NFT bridge, Chainlist.finance (CLIST) also aims to provide interoperability to its users. With this interoperability, users can trade on different blockchain marketplaces. Moreover, the platform is also helpful in seeking to eliminate the middleman, provide easy access to the users, easy royalty earning, and more.
Chainlist.finance (CLIST) aims to combine all industries to create a by-product that transforms digital content on social media apps into NFTs, launched on any blockchain marketplace. Aside from creating NFTs, Chainlist.finance (CLIST) seeks to offer the following features:
Metaverse - is a tool that aims to combine augmented and virtual reality to allow influencers and followers to conduct virtual events. Users can also request their celebrities for personalized content that can be published on either marketplace with the consent of both parties.
Staking - the platform additionally aims to offer to stake using the native token CLIST (CLIST).
Governance - the platform also uses the token CLIST to seek to participate in the governance decisions of the platform.
Cross-chain interoperability - with the aid of the NFT bridge, users can access multiple blockchains. In addition, users can make transactions on different blockchains with a single wallet through the Chainlist (CLIST) NFT bridge.
Desktop and mobile application - the platform has compatible applications for desktop and mobile sets to seek to provide a better user experience.
The CLIST token acts as the central functional unit on the platform. The token seeks to provide rewards, help in liquidity generation to the liquidity pool, and act in the platform's governance. Liquidity pools are useful in decentralized lending and trading.
History of the Chainlist (CLIST) token
The token's maximum total supply is 1,000,000,000 CLIST.