About NFTX
Trading Insights
Searched
1
Market Stats
Market Cap
$2.47M
0.07%
FDV
$13.12M
Circ. Supply
122K NFTX
Max Supply
650K NFTX
Total Supply
122K NFTX
Total Value Locked
$3.69M
Diluted Valuation
$13.12M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$4.55K
1,224.25%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$28.79
Price Change (1Y)
-20.18%
Additional details
Market details
NFTX vs markets
↘ 29.98%
NFTX vs BTC
↘ 24.72%
NFTX vs ETH
↘ 21.21%
Tags
collectibles-nfts
defi
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x87d73E916D7057945c9BcD8cdd94e42A6F47f776 |
Price history
Time | Price | Change |
|---|---|---|
Today | $19.04 | ↘ 20.97% |
1 Day | $19.09 | ↘ 20.97% |
1 Week | $19.86 | ↘ 29.37% |
1 Month | $34.25 | ↘ 55.21% |
1 Year | $24.59 | ↘ 20.18% |
FAQ
NFTX is a cryptocurrency platform for minting or creating fungible ERC20 tokens by staking their illiquid NFT tokens. These ERC 20 tokens are called vault tokens, and they are fungible and composable.
According to the whitepaper, NFTX's mission is to be the primary issuer of NFT vault tokens, enabling anyone to trade in NFT markets. And, the trading doesn't require a deep understanding of the underlying theory they need to acquire when funding individuals' assets. As a result, NFTX functions as a black hole for NFT assets. Based on Ethereum, the Blackhole protocol aims to be a cross-chain burning platform that does not require approval.
NFTX tokens are governance tokens that allow users to vote on proposals and steer the organization's direction. NFTX vaults enable users to store NFTs and create fungible ERC20 tokens (vTokens) that represent claims on a random asset within the vault. In addition, vTokens can be used to redeem a specific NFT from an exchange.
Benefits of the Nftx project seek to include the following:
The NFTX protocol seeks to enable content creators to earn protocol fees in perpetuity as well as improve reach and fairness of distribution:
Users aim to gain fees from taking part in the protocol fees. At the moment, 100% of protocol fees are paid out to those who stake. XPUNK holders receive an ERC20 "xToken" that represents a claim on the underlying staked SLP.
The NFTX has a maximum total supply of 650,000 NFTX tokens.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
NFTX news
Social stats
Popularity in posts
#5606
Contributors
3
Posts
3
% About NFTX
0%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
5.0 ★
Highlights
3 unique individuals are talking about NFTX and it is ranked #5,606 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, NFTX has an average sentiment score of 5.0 out of 5. Finally, NFTX is becoming less newsworthy, with 0 news articles published about NFTX.
On Twitter, people are mostly neutral about NFTX. There were 0% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about NFTX. 100% of tweets were neutral about NFTX. These sentiments are based on 12 tweets.
On Reddit, NFTX was mentioned in 6 Reddit posts and there were 6 comments about NFTX. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.