BitUtility has officially launched its first utility NFT, named "Peacock," offering lifetime access to zero-fee payments across its global network of service providers. Through this initiative, the city will simplify cryptocurrency payments for both residents and travelers, whether they are paying a utility bill or booking a hotel stay. Beyond access to “Peacock,” NFT holders are privy to other rewards such as airdrops, staking rewards and voting rights in the BitUtility platform.
BitUtility What it is: BitUtility is a service mediator that connects users to different utility-class service providers around the world. The platform makes it easier to pay for life-sustaining utilities like electric, gas and water.
Beyond utilities, BitUtility covers mobile plans and airtime top-ups, making it easier than ever to stay connected. It allows users to pay rent, insurance, and other household financial services through the platform.
For travel purposes, BitUtility combines introduction of flight booking and hotel booking so that users can make payments with crypto. The platform is further diversified by eSIMs and gift cards for all major international brands on the platform, increasing its value further.
In some areas BitUtility links to public sector services, allowing users to pay their taxes and other government fees with cryptocurrency. Every payment inside BitUtility is done strictly through supported crypto wallets, allowing for secure and efficient transactions.
The “Peacock” NFT offers lifetime access to zero-fee payments in the BitUtility ecosystem. Aside from this main benefit, holders will receive airdrops of BitUtility’s future governance token. That token gives them a vested interest in the platform’s success!
Holders of the NFT will be unlocked to staking rewards and other protocol-based income, opening up avenues for passive earnings. The “Peacock” NFT provides governance rights for future platform improvements and Web3/crypto integrations. This empowers holders of the token to influence the future direction of BitUtility.
Early access to future features and partner programs is another exclusive benefit in store for “Peacock” NFT holders. This helps them stay at the cutting edge of BitUtility’s dynamic and adaptable product suite.
The fixed supply of “Peacock” NFTs, forever limited to 4,900 in number, augments their scarcity and future worth. This limited supply model is meant to generate scarcity and reward early adopters of the NFT.
The launch of the "Peacock" NFT represents a significant step for BitUtility in its mission to simplify and streamline cryptocurrency payments for real-world services. BitUtility would like to invite a whole new audience to the world of crypto payments. It accomplishes this with zero-fee transactions and a myriad of other perks.
With the “Peacock” NFT, the company claims that the user experience will be significantly improved. Beyond that, it’ll deepen civic engagement on the BitUtility platform. BitUtility unlocks a multitude of dynamic connected services and utility of dynamic powerful advantages through NFTs. It appears to be jockeying for position as an indispensable player in the fast-evolving, crypto-fueled future of payments.
