What is Solana TNFT and How to Calculate the Price?

Bittime - Have you ever heard of TNFT Solana? Not just an ordinary NFT, Treasure NFT aka TNFT on the Solana network is an interesting innovation in the world of digital assets. Come on, let's discuss in a relaxed but still insightful manner what TNFT Solana is and how to play it.

What is Solana TNFT?

TNFT is the abbreviation of Treasure NFT, a digital asset built on blockchain Solana, a network known for its high transaction speeds and low fees.

TNFT is usually associated with adventure or gaming elements, where token holders can "find hidden treasure" or obtain certain benefits. TNFT has its own appeal because of its unique and speculative model.

With a market capitalization reportedly reaching billions of dollars and a small number of owners (around 297 people), TNFT Solana is in the spotlight for hunters of rare digital assets.

How to Play TNFT Solana

1. Set up a Solana Wallet

The first step, you need to have digital wallet (wallet) that supports the Solana network, like Phantom. This wallet is used to store TNFT and SOL tokens for transaction fees.

2. Buy TNFT on the Platform

You can get TNFT on platforms like Raydium (CLMM) or Bitget. However, you need to be careful because liquidity on this platform is relatively low, so prices can fluctuate very much.

3. Take part in a game or event

Some TNFTs offer gamification elements such as treasure hunts or specific missions. This is what makes TNFT more attractive than normal NFT.

4. Pay Attention to Price Volatility

You must be prepared for extreme price movements. There are reports of TNFT price increases of up to 32,251% in one day—an incredible figure, but also fraught with risks.

Risks to Be Aware of

- Fraud and Scam

Some in the crypto community suspect the project is part of a Ponzi scheme with fake promotions and phishing. Therefore, do your own research before investing.

- High Volatility

With low trading volume and liquidity, the price of TNFT can change drastically in a short period of time, which could lead to the potential for large losses.

- Regulatory and Network Issues

Since the crypto market is not yet fully regulated by law, TNFT is also at risk of being impacted by future regulations. Additionally, the Solana network has experienced technical issues that could have affected the TNFT value.

TNFT Fractional Ownership Model

One of the interesting features of TNFT is the model fractional ownership, i.e. allowing someone to own a fraction of an expensive NFT. Here's the mechanism:

• The original NFT is locked in a smart contract, then divided into small tokens.
• These tokens can be traded on the secondary market.
• If someone wants to redeem the NFT in its entirety, they must pay a set reserve price.
• After that, all fractional tokens are burned and the NFT returns as a single unit.
  
   

This model opens up investment opportunities for individuals with limited funds and increases liquidity in the NFT market.

Conclusion

TNFT Solana represents an exciting new opportunity in the world of digital assets, especially for NFT and gaming lovers. However, this great potential is also accompanied by various risks that should not be ignored. Make sure you understand the concept, how it works, and the risks before starting to invest.

FAQ TNFT Solana

1. Are TNFTs the same as regular NFTs?

No. TNFT is a variant of NFT that has gaming and interaction elements. Typically, TNFT involves activities such as hunting for treasure or hidden prizes.

2. Is TNFT safe to buy?

The safety of TNFT is still a question as it has not been verified on all platforms. Some reports mention the potential for fraud, so thorough research is highly recommended.

3. What are the advantages of the fractional ownership model?

The fractional model allows people with limited funds to own a share of high-value NFTs. This opens up investment access and allows diversification of digital asset portfolios.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

References

Telegram Account, Bitget.com, accessed April 7, 2025

Author: Fkey