The next biggest presale is just around the corner, as NFTFN, a project set to introduce perpetual futures trading in NFTs, is about to enter the market. With industry giants like Google, Polygon, and OpenSea backing the project, here’s everything you need to know about NFTFN.
A New Approach to Investing in NFTs
The project introduces SuperNova (SNV), an NFT floor-price index, as its flagship offering, allowing users to gain exposure to blue-chip NFT collections and partake in the NFT marketplace without the intricacies of handling individual NFTs.
SuperNova (SNV) operates as an order-book-based Decentralized Exchange (DEX) for NFT perpetual futures. This product enables traders to long or short on the NFT market through indexes, providing a means to hedge and speculate on the NFT market’s floor prices. Notably, SuperNova focuses on minimizing barriers to entry, thereby democratizing access to top-tier NFT collections that would typically be out of reach for average investors due to high costs.
Making NFTs More Accessible
NFTFN tackles several prominent issues faced by NFT investors:
- High Entry Costs: By offering an accessible route into premium NFT collections, it reduces the financial burden for investors.
- Lack of Liquidity: By creating a perpetual DEX, NFTFN addresses the challenge of illiquidity in the NFT market.
- Complex Identification of Valuable NFTs: NFTFN employs a rigorous process to select blue-chip NFTs, ensuring investors access quality assets.
- Market Volatility: The platform provides instruments like perpetual futures and indices, allowing for risk management in volatile market conditions.
In terms of operation, NFTFN’s platform boasts multiple features designed to enhance the trading experience. It operates an order-book exchange, ensuring transparent and equitable trade execution without slippage. Traders can leverage multiple tokens for margin, and the platform supports up to 10x leverage. It offers exposure to multiple renowned NFTs, creating a diversified portfolio and reducing the impact of volatility. The system provides low entry points to high-value NFT collections, making it financially inclusive.
Tokenomics and Roadmaps
NFTFN’s roadmap is equally ambitious, with plans to introduce cross-margin support across multiple markets, migrate to on-chain order matching, and develop multiple indexes tailored to different risk profiles. The company is also exploring integrations with real-world assets (RWAs), positioning itself to benefit from the tokenization of tangible assets.
On the tokenomics front, NFTFN has structured its token distribution thoughtfully:
- Public: 20.34%
- Team: 15%
- Marketing & Operational Reserve: 13%
- Foundation: 13%
- Protocol Development Fund: 10%
- Ecosystem Fund: 10%
- Liquidity Provisioning: 5%
- Seed: 5%
- Private: 4%
- Angel Investors: 83%
- Advisors: 83%
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The tokens are subject to various lock-up periods and vesting schedules to ensure long-term alignment of interests among stakeholders. With a private sale price of $0.02 and a public sale starting price of $0.025, NFTFN is circulating a total supply of 1 billion tokens.
Backed by industry giants such as Google and supported by blockchain partners like Binance Smart Chain and Polygon, NFTFN is well-positioned to make a significant impact in the NFT and wider cryptocurrency ecosystem.
To summarize, NFTFN’s vision is to transform the NFT space by offering innovative financial instruments that address the current market’s shortcomings. It stands to benefit investors by providing a more liquid, accessible, and risk-managed approach to participating in the NFT market.
About NFTFN
NFTFN is the go-to platform for perpetual trading of diverse assets like Blue-Chip NFTs, Crypto, and Real-World Assets. With a minimum investment of just $10, users can easily take long or short positions on their chosen asset class, catering to traders of all levels.
For more visit:
Website: www.nftfn.xyz
Telegram: t.me/nftfnofficial
Twitter: twitter.com/nftfnofficial
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
