NFTFN emerges as a groundbreaking initiative aiming to revolutionize the Non-Fungible Token (NFT) marketplace through the integration of Perpetual Futures. Industry leaders and high-profile crypto influencers are endorsing the project, which is poised as the next big presale. The platform will potentially address several pain points currently facing the NFT market, including high entry barriers, lack of liquidity, and the volatility inherent to NFT investments.
What NFTFN Is and Its Offerings
NFTFN operates as an order-book-based NFT Perpetual Decentralized Exchange (DEX), allowing traders to engage in long and short positions on NFT market indexes. This setup is poised to significantly lower the entry barrier for investors, facilitating easier access to blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Azuki, Doodles, and CloneX, without the necessity of managing individual NFTs.
SuperNova, NFTFN’s flagship product, offers a solution for hedging positions across various NFT collections, providing traders with diversified market exposure and mitigating the risk associated with the performance of single NFTs. This approach not only improves liquidity within the NFT ecosystem but also democratizes access to high-value NFTs, allowing broader participation.
How NFTFN Works
The project employs a meticulous selection process to include only the most valuable and high-quality blue-chip NFTs in its index. This process involves rigorous criteria including trading volume, unique owners, project verification, existence time, and recent traded volume, ensuring the index’s reliability and integrity.
NFTFN introduces several technical advancements in its operation:
- Orderbook Exchange: Offers a transparent and fair trading experience with no slippage fees.
- Multi-Token Margin: Allows for trading with a wide array of ERC-20 tokens.
- Leverage: Provides up to 10x leverage, enhancing trading potential.
- Low Entry Barrier: Enables investment in top NFT collections at an accessible price point.
Roadmap and Future Prospects
NFTFN has laid out an ambitious roadmap that includes the introduction of cross-margin support across multiple markets, on-chain order matching, the development of multiple indexes tailored to various risk profiles, and exploring integrations with real-world assets (RWAs).
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Backers and Tokenomics
NFTFN boasts support from a diverse and prestigious group of backers and investors, including major names like Google, Opensea, BitsCrunch, NFT Bank, WOW Earn, Goblin Town, Binance Smart Chain, and Polygon. The project’s tokenomics reveal a strategic distribution designed to support its development, operational reserves, ecosystem fund, and liquidity provisioning, with a total supply of 1 billion tokens.
Overall, NFTFN stands as a pioneering project aimed at transforming the NFT marketplace by mitigating current barriers and enabling broader participation through financial innovation. Its focus on liquidity, accessibility, and risk management positions it as a significant player in the evolving digital asset landscape, promising a more inclusive future for NFT enthusiasts and investors alike.
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
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