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TasteNFT (TASTE) is a utility token committed to developing use cases within its NFT marketplace. Currently, TASTE is the currency used on the TasteNFT Marketplace and TasteDEX, offering a purpose-driven liquidity protocol. The marketplace continues to provide high-quality artwork and a seamless experience for artists on the Binance Smart Chain. By running on the Binance Smart Chain, TASTE enables artists to mint NFTs at low costs, while our low platform fees ensure high returns for artists on their sold artwork.
The TasteNFT Project aims to establish a decentralized NFT marketplace for high-quality sensual art on the Binance Smart Chain. This involves partnering with artists and photographers from various industries to host exclusive sensual artwork. By carving out a niche in the emerging NFT market and integrating the TASTE token within the TasteNFT Marketplace, artists, customers, and community members have a sustainable built-in “use case” for the token. The marketplace was completed in December 2021, and the TasteNFT team continues to develop further use cases for TASTE, such as the recently launched decentralized exchange TasteDEX.
TASTE has a total supply of 1 Quadrillion tokens, with a tax of 5% redistributed to TASTE holders and 5% added to the liquidity pool for each transaction. Additionally, 300 Trillion TASTE tokens were burned prior to the launch, and more tokens are burned with each transaction. To support marketing efforts and the TasteNFT marketplace, 52 Trillion TASTE tokens were locked on launch. TasteNFT aims to expand its listings and exchanges in the future. Stay tuned for upcoming updates and announcements from the project!
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