NFTX

NFTXNFTX

Rank #560
Token
On 5,843 watchlists

Prezzo NFTX (NFTX)

€88.44
8.06%

0.002527 BTC7.40%

0.03189 ETH7.40%

Basso:€86.88
Alto:€100.77
24h
NFTX  NFTX NFTXPrice: €88.44 7.40%
Cap. del mercato
€41,524,561
7.40%
Fully Diluted Market Cap
€57,485,998
7.40%
Volume
24h
€2,028,415
34.39%
Volume / Market Cap
0.04885
Rifornimento circolante
469,522.41 NFTX
Rifornimento massimo
--
Rifornimento totale
650,000

NFTX Chart

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NFTX Quotazione in tempo reale

Il prezzo odierno di The live è di €88.50 EUR con un volume di trading in 24 ore di €2,029,747 EUR. NFTX ha registrato un calo del 7.40% nelle ultime 24 ore. L'attuale posizione in classifica su CoinMarketCap è #560, con una capitalizzazione di mercato pari a €41,551,835 EUR Ha un'offerta circolante pari a 469,522 NFTX. e la fornitura massima non è disponibile.

Le principali piattaforme per lo scambio di NFTX sono attualmente Gate.io, Uniswap (V2), Sushiswap, Bilaxy, e . Puoi trovarne altre nella nostra pagina dedicata alle piattaforme di .

What Is NFTX (NFTX)?

NFTX is a community-owned protocol and platform for creating non-fungible token (NFT)-backed ERC-20 tokens. Notably, NFTX powers the creation and trading of funds, tracking sought-after NFT collectibles such as CryptoKitties, CypherPunks and others.

NFTX was launched in early January 2021 to provide an essential new service to the booming NFT sector through indexing of projects. Although these tokens represent index funds, they’re composable and fungible, which means they are interchangeable for other tokens, which distinguishes them from standard NFT protocols. These “funds” are actively traded on decentralized exchanges (DEXs) such as Sushiswap and Uniswap.

The platform’s unique value proposition is to bring NFTs to light to high-level individuals trading funds based on leading non-fungible tokens like PUNK and AXIE on Uniswap and other DEXs.

Who Are the Founders of NFTX?

NFTX is a community-controlled platform that allows users to place index funds on the Ethereum blockchain. Therefore, the project’s governance depends on a decentralized autonomous organization (DAO).

However, to prevent monopoly during decision-making, a proposal targeting new changes needs to garner support from 80% of all voting tokens. Note that the voting period lasts for 24 hours.

What Makes NFTX Unique?

The main business case for the project is to bridge the gap between decentralized finance (DeFi) and NFTs. The NFTX platform supports two types of funds, D1 and D2 funds:

D1 funds have a 1:1 ratio backing involving an NFT and an Ethereum-based ERC20 contract.

For example: say Alice owns 1 ZOMBIE-FEMALE, this allows her to redeem precisely 1 Zombie Female at random.

On the other hand, D2 funds, also called top-level funds, are Balancer pools that make up a combination of D1 funds.

To illustrate: The D2 fund AVASTR makes up a combination of 3 D1 Avastar funds AVASTR-BASIC, AVASTR-RANK-30 and AVASTR-RANK-60 to give users diversified exposure to AVASTR without the need to hold and manage multiple tokens.

Arguably, NFTX seeks to replicate indexes like DefiPulse or CoinMarketCap, but with an NFT twist.

As the defacto wrapped-NFT funds issuer, the platform expands its use case to include the representation of items like digital lottery tickets, in-game items, digital collectibles in the form of NFTs. However, the services come with a price tag. NFTX charges a fee of 2.5% on the burn and mint operations.

NFTX seeks growth through offering NFT-ERC-20 loans and on-chain liquidity. For the loans, NFT holders don’t have to relinquish ownership, while on-chain liquidity helps curb illiquidity and wash trading.

Learn more about NFTX Hashmasks Index (MASK).

Learn more about Name Changing Token (NCT).

Learn more about NFTLootBox (LOOT).

Don’t forget to read our blog!

How Many NFTX (NFTX) Coins Are There in Circulation?

NFTX’s total supply stands at 650,000, with 10% of the token distribution allocated to the founder, while NFT contributions account for 30%. Ethereum (ETH) contributions, NFTX liquidity, and farming account for 30%, 10% and 20%, respectively. Note that funds allocated to the founder have a five-year vesting period.

Furthermore, token holders have a right to contribute to the decision-making process.

How Is the NFTX Network Secured?

Since the platform is built on the Ethereum blockchain, its security relies on the second-largest blockchain network after Bitcoin. Notably, NFTX uses the safety of the Ethereum-side, which is currently powered by both proof-of-stake (PoS) and proof-of-work (PoW) consensus mechanisms.

Note that the protocol’s native asset, NFTX, leverages Ethereum’s ERC-20 token standards, one of the first token standards in the space. Consequently, it provides diverse and battle-tested security measures.

Where Can You Buy NFTX (NFTX)?

The NFTX token is available on both centralized exchanges and DEXs such as Uniswap, 1inch, and Hotbit. On Uniswap, it’s paired with wrapped Ethereum (WETH) while traders on 1inch choose between Ethereum (ETH), Tether (USDT), and yearn.finance token (YFI). Hotbit only has one pair, NFTX/USDT. For more details on purchasing cryptocurrencies, click here.

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NFTX Price Statistics

NFTX Prezzo oggi
Prezzo NFTX€88.44
Price Change24h€-7.75
8.06%
24h Low / 24h High
€86.88 /
€100.77
Trading Volume24h€2,028,414.60
34.86%
Volume / Market Cap0.04885
Market Dominance0.00%
Posizione mercato#560
NFTX Market Cap
Cap. del mercato€41,524,560.96
8.06%
Fully Diluted Market Cap€57,485,998.24
8.06%
NFTX Prezzo ieri
Yesterday's Low / High
€86.88 /
€100.77
Apertura/Chiusura ieri
€89.74 /
€88.17
Risultato ieri

1.76%

Volume ieri€2,017,810.43
NFTX Cronologia dei prezzi
7d Low / 7d High
€86.88 /
€162.30
30d Low / 30d High
€77.20 /
€186.34
90d Low / 90d High
€77.20 /
€315.44
52 Week Low / 52 Week High
€14.85 /
€398.03
Più alto di sempre
Feb 15, 2021 (3 months ago)
€398.03
77.94%
Più basso di sempre
Jan 08, 2021 (4 months ago)
€14.85
491.52%
ROI NFTX
Nessun dato
NFTX Fornitura
Rifornimento circolante469,522 NFTX
Rifornimento totale650,000 NFTX
Rifornimento massimoNessun dato