The first NFT exchange in the history of DAO organization governance

According to Google Trends, the number of NFT searches increased explosively in 2021, which means that the popularity and visibility of the NFT ecosystem are rising, and the NFT trend has gradually taken shape. In the future, NFT can become a variety of things. It can be your experience, a collection and more possibilities. In the future, artists who accept NFT trends will become popular art benchmarks, and collectors who collect NFT works will become the definer of art standards.

As far as the virtual world of meta universe is concerned, the emergence of NFT can realize the capitalization of virtual objects in the meta universe. On the one hand, it can map virtual goods and make virtual goods become trading entities; On the other hand, NFT can also map any data content on the chain through links, so as to become an asset entity of data content. In short, to some extent, NFT can be regarded as the most important bridge and carrier connecting reality and metauniverse.

Obviously, NFT is the trend of the future world, and a larger commercial market is taking shape. In order to make the digital asset industry flourish, we build a decentralized platform integrating trading + casting + Dao --- iteration, an NFT trading platform with multiple innovative functions.

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As an important node in the future decentralized system, iteration is the cornerstone of society and the direction of the tide of the times. In the past decade of blockchain development, many projects have established solutions to find digital markets and customers. However, the practice of iteration is just the opposite. After we began to conceive iteration in 2019, we did not immediately implement the business idea, but continued to wait until the blockchain technology is mature enough to deal with the needs of many users, because being responsible to users is our first principle. After having a confident technical background, we gathered advanced researchers and developers in the field of NFT to challenge the current situation.

Iteration is committed to making the world's top art NFT and blockchain, creating a diversified and integrated NFT trading platform, and striving to deploy a fast, cost-effective NFT market for NFT buyers, sellers and creators. Supported by the world-famous BSC underlying technology of public coin security smart chain, all NFT works of iteration platform will cast a unique bep-20 token, which will be saved in the smart contract of NFT token. Combined with the world's largest distributed data storage system, the relevant information and work records of bep-20 tokens will be permanently stored in the IPFs system, and its files will be permanently stored on the human Internet. All users own and control collections, works of art, royalties and market revenue. It allows other platform-based NFTs to create together, providing users with a fashionable, simple, efficient and powerful user interface and storage space support. It provides NFT creation, trading, auction, real object mapping, NFT, mortgage and other functions, and provides an integrated ecosystem for creators and users.

Iteration platform is such an NFT platform that can cross chain and Multi Chain transactions. The iteration platform allows the user's NFT to be used as the storage of cryptocurrency or other NFTs. It also allows creators to add unique settings to their NFT. For example, increase royalties, replenish internal treasury with transaction fees, or add temporary time lock to deposited assets. In the early stage, iteration platform will support coin security intelligent chain and polygon's NFT transaction; In the future, it will become an NFT super creation and trading platform, and collect NFT transactions of hundreds of other chains, which will support the creation and trading of any NFT connected to the platform, and also support cross chain compatible trading of NFT according to erc72k, erc-1155nfk, OEC, bep2, TGS, Solana, wax and BSV protocols, with higher transaction throughput, higher transaction speed and lower transaction cost.

Iteration makes every effort to build a decentralized trading platform. All employees participate in Dao governance and dividends. All traders can trade through multiple chains, and the handling fee will be very low. All transactions will be open and transparent. The core logic of iteration lies in smart contract transaction, so the form of smart contract executes code blocks in the community, which is distributed, unchangeable and traceable. Fund management: the exchange will completely hand over the fund management right to the user. When using the exchange, the user needs to transfer the assets into the smart contract, and all the funds are in the blockchain account book. At any time and under any circumstances, users can withdraw or recharge assets without the assistance of any third party.

Iteration hopes to establish a decentralized market to break the monopoly and build a fairer world. All people, including individuals and institutions, are financially motivated to provide personal and professional data. Knowing that these data can ensure security and privacy (through decentralization and secure computing), we will feel more relieved about sharing sensitive data (expenses, preferences). Based on these data, machine learning experts will be encouraged to compete with each other, and the best models will receive disproportionate returns. The data provider (ordinary user) and the data processor will receive tokens as rewards.

ITTI is the only governance certificate of circulation in iteration ecology and the symbol of rights and interests of the platform. Iteration adopts the form of Dao organization to realize community governance, co construction and sharing. All ITTI holders can participate in community governance, initiate ecological proposals, vote on proposals, make decisions on Ecological incubation projects, and enjoy the priority authorization and white list rights of ecological incubation projects.

Iteration may be the next NFT trading platform that surpasses opensea, or it may be the next coin security. The difference is that iteration contributors will participate in the high reward of the platform.
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