NFTX is a pioneering cryptocurrency designed to bridge the gap between non-fungible tokens (NFTs) and liquidity. Launched in early 2021, NFTX provides a decentralised protocol for creating and trading NFT index funds, offering users a new way to engage with the NFT market. By enabling NFTs to be staked into vaults that mint fungible ERC-20 tokens, known as vTokens, NFTX offers a streamlined process for NFT liquidity, allowing holders to trade or leverage NFTs without direct sales. This innovation not only brings greater market efficiency but also democratizes access to digital art and collectibles by allowing fractional ownership. NFTX aims to maximize NFT market engagement while minimizing entry barriers, setting itself apart in the evolving landscape of digital asset management.
NFTX is a pioneering cryptocurrency designed to bridge the gap between non-fungible tokens (NFTs) and liquidity. Launched in early 2021, NFTX provides a decentralised protocol for creating and trading NFT index funds, offering users a new way to engage with the NFT market. By enabling NFTs to be staked into vaults that mint fungible ERC-20 tokens, known as vTokens, NFTX offers a streamlined process for NFT liquidity, allowing holders to trade or leverage NFTs without direct sales. This innovation not only brings greater market efficiency but also democratizes access to digital art and collectibles by allowing fractional ownership. NFTX aims to maximize NFT market engagement while minimizing entry barriers, setting itself apart in the evolving landscape of digital asset management.
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