4.2 NFT

The tokenized real-world assets can be used as collateral for KTBs. Given the license-free nature of the agreement, anyone can create tokens representing their real-world assets and establish the appropriate legal structure to create a lending market for KTB.

KTB TOKEN HOLDERS CAN WHITELIST SUCH COLLATERAL THROUGH A GOVERNANCE VOTE AND PRE-SEED THESE MARKETS FOR LENDING THROUGH KTB. EXAMPLES INCLUDE TOKENIZED REAL ESTATE, ACCOUNTS RECEIVABLE, STOCKS, NFT, ETC.

4.2.1 Trading Market

King Tribe trading market is positioned in the ebay’s NFT market, where sellers showcase NFT assets on the platform and can choose to sell them at a fixed price or by live auction, with buyers paying according to the actual situation, and the assets are transferred after payment is completed.

4.2.2 NFT Auctions

King Tribe allows sellers to set a reserve price and a limited time before the auction. Buyers must bid at a price higher than this reserve price, and the highest bidder within the limited time will receive the crypto assets auctioned by the seller.

4.2.3 Portfolio sale

The products sold on King Tribe are not only sold individually, but also as a bundle. Take the game NFT for example: the bundle can be different items from the same game, or assets from different games.

4.2.4 Request casting

The platform is creating a direct channel for developers to realize their thinking talent according to the adaptability of the application. Take the game as an example, players can publish request ads in the port, invite or convene to cast the NFTs they want according to their needs, and reach the corresponding commission rewards after completion.