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Description

Exchange a wide variety of both fungible and non-fungible tokens, including ERC-721, ERC-1155, ERC-20 tokens, and ETH. NFT Protocol is creating a decentralized exchange framework designed to enhance the non-fungible token (NFT) asset class. These NFTs are essential for representing ownership of both digital and tangible assets, which can include everything from digital artwork and in-game items to physical art, real estate, and branded sneakers. The comprehensive infrastructure provided by NFT Protocol aims to fulfill the diverse requirements of the NFT ecosystem while remaining flexible to accommodate the changing demands of its community. Operating in a decentralized manner, NFT Protocol encourages collaboration and actively seeks feedback from NFT enthusiasts, industry stakeholders, and community members. The organization’s inaugural project, a decentralized exchange (DEX) for NFTs built on Ethereum and Polygon, is set to revolutionize secondary markets and increase liquidity for NFTs through a straightforward and user-friendly swapping interface, marking a significant advancement in the NFT landscape. This initiative is not just about trading; it aims to foster a thriving community that can innovate and evolve together.

Description

NFTX serves as a platform designed to establish liquid markets for Non-Fungible Tokens (NFTs) that may otherwise lack liquidity. Users can place their NFTs into an NFTX vault and subsequently mint a fungible ERC20 token, known as a vToken, which grants them a claim on a randomly selected asset from within that vault. Additionally, vTokens can be redeemed for specific NFTs housed in a vault. The process of creating vaults is open to anyone and can accommodate any NFT asset on the Ethereum network. Once a vault is established, it becomes possible for users to deposit eligible NFTs in order to mint a fungible NFT-backed token, known as an "vToken", which represents a 1:1 claim on a random NFT contained in that vault. While the Mask vault permits the deposit of any Hashmask, other vaults may operate with an eligibility list that restricts deposits to a certain sub-category of NFTs. This flexibility enables a diverse array of NFTs to find liquidity through the NFTX platform, catering to both creators and collectors seeking to engage with the NFT market.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Ethereum
Base App
Cactus Custody
DeepDAO
MetaMask
Parsec
Portis
WalletConnect

Integrations

Ethereum
Base App
Cactus Custody
DeepDAO
MetaMask
Parsec
Portis
WalletConnect

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

NFT Protocol

Website

www.nft.org

Vendor Details

Company Name

NFTX

Website

nftx.io

Product Features

Alternatives

Alternatives

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