In the crypto world, Defi products operate under the same business model. On the one hand, there are buyers, and on the other, there are sellers. These businesses make money in the middle by charging high commissions, and the commission paid to intermediaries is substantial. Almost all centralized marketplaces operate similarly.
If you look at any centralized marketplace commission structure, you'll notice that it ranges from 20 to 70%.
Assuming that "Marketplace XYZ" sets a 40% fee, the seller will need to boost the price by 66.67 percent. Buyers must also pay the additional 66.67 percent premium.
Suppose the seller owns the typeface "Calibri" and expects to make $10 per font sale. The seller was required to add $6.66 (66.67 percent of $10, or 40% of the exchange charge), bringing the font's price to $16.67.
The customer is now required to pay a 66 percent premium or abandon the purchase of the inflated font. Alternatively, sellers may be forced to drastically drop the price, resulting in a lower profit margin.
Sellers make a low profit, buyers get less value, and intermediaries make a hefty commission. To address this issue, Font crypto offers a solution by providing a marketplace without any intermediaries.
Continue reading to find out more about Fontcrypto and Font price prediction 2021 and for the upcoming years.
The FONT is a decentralized font marketplace that is owned by font designers, sellers, buyers, and users. There are no middlemen and no large commissions charged by the platform. The Community, through its users, owns and controls it entirely.
Because the commission is always capped at 4%, sellers can sell typefaces for a low price, attract more customers, and still profit. Font Community is also about more than just buying and selling fonts. Font creators and merchants can monetize their work in a variety of ways.
You can, for example, borrow money against your fonts, use crowdsourcing to raise cash for your following great font, earn interest by locking fonts, sell font ownership, tokenize your fonts, etc.
Fonts are NFTs (Non-Fungible Tokens) and DeFi Enabled, and the community is administered by the DAO, all with the support of the Ethereum network. The following points should be considered when creating an NFT marketplace for digital assets such as fonts:
Let's see how the FONT crypto will perform in the upcoming years.
The circulating supply of Font tokens is 387,277, with a total and max supply of 2,000,000 tokens. On April 3, 2021, the Font crypto has reached an all-time high of $38.44 and an all-time low of $0.96 on July 20, 2021.
The sections below outline the Font price prediction for the upcoming years.
The most likely price of a Font token in early November is $0.366, while it will be worth $4.58 in December 2021.
By the end of August 2022, the Font coin is anticipated to reach a peak price of $5.25. The Font token will be worth $8.99 in December 2022, thus now is the best moment to sell it and profit. Keep in mind that the coin might fall as low as $0.97.
The Font cryptocurrency will be valued at $7.8 at the end of January 2023. The font token's value will rise to $10.29 in March 2023, allowing investors to sell the Font token.
Its worth will have climbed to $13.568 by the end of September 2023. In December 2023, the Font coin, on the other hand, will fall to $9.77.
Font's price will reach $15.67 on March 31, 2024, before climbing to $19.08 on April 30, 2024. Furthermore, the Font cryptocurrency will be worth $21.88 by December 2024.
During January 2025, the Font coin will be valued at $10.31, followed by $9.87 in February 2025, in March $10.08, in April, $11.34. In August 2025, it will be worth $11.36, then $11.78 in December 2025.
Font price prediction by well-known media portals is explained in the following section.
The maximum price predicted by Wallet Investor for Font on 23 September 2021 will be $3.119. However, the minimum price can be $0.712 (and the average price will be $1.929).
By the end of September 2021, Font will be priced at $5.42, according to Digital Coin Price. It will slightly move upwards and reach $5.63 in October 2021 and then $5.68 in November 2021. However, in December 2021, Font holders will earn $5.06.
According to coin data flow's price estimate, the price of Font coin would reach $4.83 by the end of 2022, rising to $6.78 in 2023 and $13.39 in 2025.
The font community is working on a system/framework that addresses the problems with digital products as NFTs. In addition to addressing the aforementioned issues, it carefully solves challenges such as uploading fonts to decentralized storage and keeping crypto users’ wallets safe, reduce the redundancy around storage and computing costs as much as possible, reduce the complexity around the versioning of digital goods in decentralized storage.
According to our Font price forecast for 2021, the font cryptocurrency will reach at least $4 by the end of December 2021. Furthermore, some media outlets forecast that in 2025, the price will surpass the $20 level.
Despite the positivity around the Font coin, we encourage that you conduct your own research before depending on our price estimates.
Font community is a decentralized marketplace for fonts, where fonts generate cash. FONT has been listed on several cryptocurrency exchanges; however, it cannot be purchased using fiat currency, unlike other major cryptocurrencies.
However, you may still buy this coin by first purchasing Ethereum on any fiat-to-crypto exchange and then transferring to an exchange that trades FONT. In this post, we will walk you through the methods to buy FONT in detail.
According to the FONT price prediction, the price of the Font coin would surpass the $4 level by the end of 2021, according to prominent media portal price projections. The font token could be worth at least $20 by the end of December 2025.
However, font is a profitable investment option only if you're seeking to invest for the long term. The sentiments for the FONT coin are quite bearish, and the currency is expected to reach as low as $0.97 by the end of 2021.
Cryptoknowmics encourages all readers to make logical investments based on their own research. This post is not intended to be considered as providing trading advice. Each investor should undertake considerable research and get aware of local constraints before committing to an investment.
As a result, neither the author nor Cryptoknowmics can be held liable for any losses caused as a result of investing based on this article's material.