Jungle creates the safest NFT marketplace

by James · September 3, 2022

Jungle, a secure and community-driven peer-to-peer NFT marketplace, introduces reverse image recognition software to ensure that all digital assets sold on this platform are genuine.

This program detects and removes NFT projects that copy an already existing one. Jungle also includes a thorough KYC protocol in addition to the copyminting feature that prevents laundering and other illegal activities.

In addition to being arguably the most secure NFT trading platform, Jungle rewards contributors for using the marketplace through its trade-to-earn feature.

Most online stores for non-fungible tokens focus on allowing users to sell their assets and receive commissions. However, Jungle gives users cashback for using the store for trading. With this measure, digital collectors will be rewarded for their passion.

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Benefits of using the Jungle NFT Marketplace

In recent times, there have been many cases of fraud run by bad actors in the industry that have robbed many traders of their digital assets.

These bad actors can simply mimic an original artwork by slightly altering a specific element of the image, zooming in or out of the image, or removing the edges. Identifying and stopping these schemes is very challenging.

To tackle this problem, Jungle uses a robust reverse image recognition solution. Before anyone can mint their NFTs, Jungle will cross-reference their artwork with every other artwork on the blockchain.

This ensures that they can identify and prevent any counterfeit coins from entering their marketplace.

The NFT industry is growing rapidly, and various collections consistently reach new records for transaction volume.

Items such as Everydays: The First 5000 Days and Clock sold for more than $69 million and $52 million, respectively. All of these record-breaking feats were possible because investors were willing to pay for these non-fungible tokens. Typically, their reward is isolated to the specific NFT they purchase.

However, the Jungle NFT marketplace is changing the dynamic with its trade-to-earn feature. This attribute will enable investors to receive a percentage of the total amount they purchased NFT.

You will be paid every time you buy an NFT. This is not a promotional offer and applies to every purchase you make on the marketplace.

About Jungle NFT Marketplace

The Jungle NFT Marketplace is a peer-to-peer and secure NFT marketplace that offers real NFTs and rewards buyers when they make purchases.

The aim is to become the safest NFT trading market in the industry. The team has deployed KYC and reverse image recognition software to prevent NFT fraud.

The software will flag duplicates of fake existing NFTs, which is a common practice in the industry. It will also flag flips, rotations, filters and other permutations to ensure Jungle Marketplace is the safest marketplace in the room.

The jungle is easily accessible to everyone, including those new to the NFTs. The platform has a fast and simple payment process with integration for several digital wallets.

Disclaimer

All information on our website is published in good faith and for general information purposes only. Any action the reader takes on the information contained on our website is strictly at their own risk.