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What is CollectCoin?

CollectCoin is the native utility token for Monaco Market - the first curated NFT marketplace for tokenized real world investment grade goods.

Full description of CollectCoin

CollectCoin is the native utility Token (?) for Monaco Market - the first curated NFT (Non-Fungible Token) (?) marketplace for tokenized real world investment grade goods. Collections include sports and entertainment memorabilia, trading cards, sneakers, handbags, watches, fine art and pop culture items. CLCT can be used for: - Paying a reduced fee on Monaco Market - Purchasing items on Monaco Market - Staking (?) to collect a share of Monaco Market fees - Additional promotional options for sellers on Monaco Market Transparency, security and trust are core tenants of the Monaco Market ecosystem. In an effort to combat increasing fraud related to sales of high demand items, Monaco Market seeks to create a safe marketplace where individuals may purchase collectibles via NFTs. All assets offered are independently authenticated and verified prior to minting the NFTs. Individuals may buy and sell the NFTs or elect to take delivery of the underlying asset removing it from the vault.
  • Exchange symbol (?): CLCT
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS