❓ Frequently Asked Questions (FAQ)
BitnovaNFT (General)
1️⃣ What is BitnovaNFT?
BitnovaNFT is a fully decentralized Web3 NFT ecosystem designed for open, permissionless trading.
There is no mining, no staking requirement, and no centralized control. Users interact directly with the blockchain and open NFT marketplaces.
2️⃣ Is BitnovaNFT a token or a coin?
No.
BitnovaNFT is NOT a cryptocurrency token or coin.
It is a non-fungible digital asset (NFT) deployed on the blockchain using a fixed, transparent smart contract.
3️⃣ Is BitnovaNFT fully decentralized?
Yes.
BitnovaNFT operates using:
Immutable smart contracts
On-chain metadata (IPFS)
Open marketplace compatibility
There are no admin controls, no mint buttons, and no upgrade privileges after deployment.
4️⃣ Does BitnovaNFT require mining or hash power?
No.
BitnovaNFT does not require mining, hash power, or expensive hardware.
Users can freely trade NFTs using supported marketplaces and compatible wallets.
5️⃣ Where can I trade BitnovaNFT?
BitnovaNFT can be traded on open NFT marketplaces that support the deployed blockchain and ERC standards, such as:
Open marketplaces
Wallet-connected NFT platforms
BitnovaNFT does not run a private or restricted marketplace.
6️⃣ Is BitnovaNFT free to trade?
Yes.
Users can freely buy, sell, or transfer BitnovaNFT assets.
Only standard blockchain network fees (gas fees) may apply, depending on the network.
7️⃣ Does BitnovaNFT store my wallet or private keys?
No.
BitnovaNFT never stores, accesses, or controls:
Wallet private keys
Seed phrases
User funds
All interactions happen directly between the user and the blockchain.
8️⃣ Does BitnovaNFT provide financial or investment advice?
No.
BitnovaNFT does not provide financial, trading, or investment advice.
All digital assets involve risk, and users are responsible for their own decisions.
9️⃣ Is BitnovaNFT safe from scams?
BitnovaNFT follows a no-custody, no-promise model.
However, users should:
Verify official links only
Avoid fake impersonators
Never share private keys or recovery phrases
Official announcements are made only through verified channels.
🔔 Scam Alert
BitnovaNFT will never: ❌ Ask for private keys
❌ Ask for wallet recovery phrases
❌ Promise guaranteed profits
❌ Send direct investment messages
Always verify before interacting.
🔟 What is the total supply of BitnovaNFT?
The total supply is fixed and permanently capped.
No additional NFTs can be minted after deployment.
1️⃣1️⃣ Does BitnovaNFT charge royalties?
Yes.
A transparent on-chain royalty is applied according to marketplace standards.
Royalties support long-term ecosystem sustainability.
1️⃣2️⃣ Can BitnovaNFT be modified after launch?
No.
The smart contract is immutable.
Once deployed, it cannot be changed, paused, or upgraded.
1️⃣3️⃣ How is metadata stored?
All NFT metadata is stored on IPFS (InterPlanetary File System), ensuring:
Decentralization
Censorship resistance
Long-term availability
1️⃣4️⃣ Is BitnovaNFT compliant with Google & privacy standards?
Yes.
BitnovaNFT follows:
GDPR privacy principles
Google Consent Mode
Transparent data usage policies
User data is never sold or misused.
1️⃣5️⃣ Where can I get updates?
Updates and announcements are published through official BitnovaNFT channels only.
Always double-check links to avoid impersonation.
BitnovaNFT is a decentralized digital project.
Participation involves risk, and users are encouraged to conduct their own research before interacting with any blockchain assets.
📊 Investor FAQ
BitnovaNFT
1️⃣ What is BitnovaNFT from an investor perspective?
BitnovaNFT is a fully decentralized NFT-based digital asset ecosystem built on immutable smart contracts.
It is designed for open-market participation, transparency, and long-term sustainability without centralized control.
2️⃣ Is BitnovaNFT a security, stock, or investment contract?
No.
BitnovaNFT is not a security, stock, bond, or investment contract.
It does not offer profit guarantees, dividends, or revenue sharing.
BitnovaNFT is a digital collectible utility asset, traded freely on open marketplaces.
3️⃣ Is there a company controlling BitnovaNFT?
No.
BitnovaNFT operates without centralized ownership or administrative control.
Once deployed, the smart contract is immutable and autonomous.
4️⃣ What makes BitnovaNFT investor-friendly?
✔ Fixed and transparent total supply
✔ Immutable smart contract (no future dilution)
✔ Open-market liquidity
✔ On-chain royalty mechanism
✔ No admin keys or mint privileges
✔ Decentralized metadata (IPFS)
5️⃣ What is the total supply?
The total supply is fixed and permanently capped at deployment.
There is no inflation, no reminting, and no hidden supply.
6️⃣ How is scarcity protected?
Scarcity is enforced directly by the smart contract logic, not by off-chain promises or centralized servers.
7️⃣ Is there any roadmap manipulation risk?
No.
BitnovaNFT does not rely on custodial control, unlock schedules, or centralized governance that could be altered after launch.
8️⃣ How does BitnovaNFT generate sustainability?
Sustainability is achieved through:
Open-market adoption
Transparent royalty mechanisms
Community-driven ecosystem growth
There are no forced monetization schemes.
9️⃣ Are there insider privileges?
No.
There are no private mint rounds, no admin mint access, and no hidden wallet advantages.
🔟 Is BitnovaNFT compliant with Google, GDPR, and privacy standards?
Yes.
The platform follows:
GDPR data minimization principles
Cookie consent and Google Consent Mode
No personal data sale or misuse
BitnovaNFT does not track wallet identities.
1️⃣1️⃣ Where is metadata stored?
All metadata is stored on IPFS, ensuring:
Decentralization
Censorship resistance
Long-term integrity
No centralized servers are required.
1️⃣2️⃣ Can BitnovaNFT be upgraded or paused?
No.
The smart contract is final and immutable.
No pause, freeze, or upgrade functions exist.
1️⃣3️⃣ What are the key risks investors should understand?
Like all blockchain-based assets:
Market volatility exists
Liquidity depends on marketplace adoption
Regulatory frameworks may evolve
BitnovaNFT encourages independent due diligence.
1️⃣4️⃣ Does BitnovaNFT promise returns?
No.
BitnovaNFT does not promise profits, returns, or appreciation.
Any value is determined solely by open market demand.
1️⃣5️⃣ How does BitnovaNFT prevent scams?
BitnovaNFT: ✔ Uses immutable contracts
✔ Publishes verified links only
✔ Never requests private keys or funds
Users are advised to avoid impersonators and unofficial channels.
📌 Disclaimer
BitnovaNFT is a decentralized digital asset project.
Participation carries inherent risk. Nothing on this platform constitutes financial advice or investment solicitation.