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ease
features
design
support

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Description

NFTD serves as an innovative marketplace for digital products, operating under a smart NFT framework. Within this advanced shopping environment, each seller and their respective products are assigned a distinct tokenID, ensuring unique identification. Upon the completion of a transaction, the buyer's ownership is instantly verified. A non-fungible token (NFT) represents a digital asset whose unique identity and ownership are recorded on a blockchain, which acts as a secure digital ledger. Unlike traditional currencies, NFTs cannot be exchanged on a one-to-one basis due to their uniqueness. Typically, NFTs are generated by uploading digital files, such as artwork, to an auction platform. Navigating copyright rights for music or logos in the current market can be an intricate and lengthy process; however, NFTs simplify and expedite this procedure significantly. Furthermore, a digital artwork may contain coded data relating to its individual pixels, while tokenized items in video games can hold information that enables the game client to recognize the item owned by the player, including its specific attributes and characteristics. This technological advancement not only enhances ownership verification but also revolutionizes the way digital assets are managed and traded.

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

Base App
Cactus Custody
DeepDAO
Ethereum
MetaMask
PancakeSwap
Parsec
Portis
WalletConnect

Integrations

Base App
Cactus Custody
DeepDAO
Ethereum
MetaMask
PancakeSwap
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

NFTD

Country

United Kingdom

Website

nft.uquid.com

Vendor Details

Company Name

NFTX

Website

nftx.io

Product Features

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