Officially registered in Singapore on March 29, 2021, APENFT is backed by the underlying technology of top-notch blockchains Ethereum and TRON with support from the world's largest distributed storage system Bittorrent File System (BTFS) to deliver the mission of registering world-class artworks as NFTs on the blockchain. NFT, as the sole token issued by APENFT, is a decentralized digital currency developed in compliance with the ERC-20/TRC-20 protocol, and also serves as a proof of stake of the foundation. NFT holders can vote, share profits and participate in community events.
The president of APENFT, Steve Z. Liu, holds a bachelor in Electrical Engineering from Zhejiang University and an MBA in Finance from Columbia Business School. He has extensive experience in the international capital markets, previously spent over 20 years working for major financial institutions including Fidelity International, Salomon Smith Barney, Nomura International, Ant Financial Group, etc. Steve has successfully established and managed institutional equity business for a number of Chinese securities firms.
Most of the APENFT team members are experts from the traditional art industry with experience in renowned art institutions, such as Christie's and Sotheby's. Our core members include professional engineers with blockchain and cryptography-related experience from leading internet companies such as BAT. APENFT is a leading player in the NFT field both in terms of its team and technical capacity.