Comment on page
The native cryptographically secure fungible protocol token of the Nicho NFT Token(symbol NICHO) is a transferable representation of the property utility function specified in the Nicho NFT Marketplace protocol/code and is intended to be used solely as an interoperable utility token. NICHO is a multi-purpose utility token that will be used as a medium of exchange between participants on the Nicho NFT platform in a decentralized manner. The goal of introducing NICHO is to provide a convenient and secure mode of payment and settlement (such as transaction fees) between participants interacting within the ecosystem on the Nicho NFT Marketplace, without the need for any intermediaries, such as centralized third-party entities /institution/credit. We comply with the Australian Constitution and tax laws and NICHO does not in any way represent any equity, participation, right, title or interest in companies, dealers, their respective affiliates or any other company, enterprise or undertaking, nor does NICHO confer tokens on behalf of NICHO Holder promises of any fees, dividends, income, profits or returns on investment and is not intended to constitute securities in Australia or any relevant jurisdiction.