NFT Ecosystem and Community Voting

The Katheer operating system uses blockchain technology and NFTs to empower the developers and the KAH holders. NFTs are an emerging segment in the information technology market: virtual tokens for digital scarcity, security and authenticity. Each NFT is distinct or unique, it is indivisible, and it is not interchangeable with another. As a brief refresher, NFTs – or non-fungible tokens – are blockchain technology that allows authenticity and ownership to be proven for digital assets. NFTs can be used for digital art, collectible merchandise, event tickets, and even identifying documents. While the idea for NFTs has existed for a few years, they have only exploded into the mainstream consciousness in recent months.

Through the use of NFTs, the Katheer token holders will be able to benefit from the following:

1. Actual Digital Ownership: KAH holders are the true and perpetual owners of their digital items, even if the Katheer Project was shut down or abandoned (which is impossible to happen). With blockchain, every application and feature inside the Katheer OS can be tokenised, allowing KAH holders to decide how they want to trade, sell, or gift their items.
2. Security And Immutability: Katheer NFT items can be easily tokenised and traded in primary and secondary markets that are managed and facilitated by blockchain technology. Items based on scarcity and demand usually invite fraud and theft, but these risks are minimised on blockchain because it is a distributed ledger.
3. Trading: Blockchain-based Katheer OS and Katheer NFTs marketplace can give users ultimate control over their digital assets. They can buy and sell items freely without concern that they will be ripped off or that a marketplace will close and cancel all the value of their in-OS or out-OS items.

The Katheer Project uses several tokens to create a circular economy between all the profiles of users interacting with the Katheer OS, namely the developers, creators, KAH holders and regular users. These are the assets and KAH, a token based on the BEP20 protocol, which will act as the official currency in the ecosystem when purchasing goods and services within the Katheer OS and the Katheer NFTs marketplace (amongst other rights). Additionally, because the Katheer NFTs are based on the BNB smart chain blockchain (BEP721 and BEP1155), one of the world’s fastest NFTs you purchase from the Katheer NFTs marketplace will arrive in the user account or wallet instantaneously.

Please read the Whitepaper for more information