# CoinCollect Intro
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CoinCollect is a decentralized NFT finance protocol operating on multi-chains that helps NFT traders, high-yield farmers, liquidity providers, developers, and Web3 startups to participate in an open financial market with no barriers to entry.
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New here? Start with [Start here](https://docs.coincollect.org/start-here).
CoinCollect is a decentralized protocol that operates on multiple blockchain networks. It is designed to assist individuals and organizations involved in the non-fungible token (NFT) market, including traders, farmers, liquidity providers, developers, and Web3 startups. The protocol aims to create an open financial market that is accessible to everyone, with no barriers to entry.
The protocol allows NFT traders to buy and sell NFTs on a decentralized marketplace, which is supported by multiple blockchain networks. This allows for greater flexibility and access to a wider range of NFTs.
High yield farmers can also participate in the CoinCollect protocol by providing liquidity to the marketplace. This allows them to earn a return on their investment by providing liquidity to the market, which helps to increase the overall trading volume.
Developers and Web3 startups can use CoinCollect's open-source code to build their own decentralized applications (dApps) on top of the protocol. This allows them to create new and innovative ways to use NFTs in various industries and applications.
Overall, CoinCollect aims to create a decentralized and open financial market for NFTs, where anyone can participate and benefit from the growth of this burgeoning market.
### **CoinCollect NFTs**
**Our NFTs** are the key to the **CoinCollect DeFi protocol**. With these unique utility NFTs, you will have countless opportunities to join and earn in the DeFi space.
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**Why own a CoinCollect utility NFT**
* [x] HOLD : Airdrop coins, NFT drops, giveaways, whitelists, and more...
* [x] STAKE : Boost APY, plain stake (no impermanent loss)
* [x] TRADE/SELL : Trade or sell on supported marketplaces such as OpenSea, Rarible, NFTrade, and more...
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> #### **CoinCollect Token ( $COLLECT )**
>
> **$COLLECT** is **CoinCollect**’s native ERC-20 compatible token that runs on Multi-Chain, serving as the backbone of the CoinCollect Ecosystem.
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**Why own a $COLLECT token**
* [x] HOLD : Whitelists and airdrops
* [x] STAKE: Stake to earn new tokens (high APY), join whitelists
* [x] DISCOUNT: Discount on many NFTs and more.
* [x] DAO: voting power
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**ZERO-FEE : There is no trading fees for now!**
We will have trading fees in the future to buy back $COLLECT tokens from exchanges and burn them in order to reduce the overall $COLLECT tokens circulation, stabilize the token price, and create deflation.
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