About NFTX
Market Stats
Market Cap
Not enough data
0.75%
FDV
$8.46M
Circ. Supply
420K NFTX
Max Supply
650K NFTX
Total Supply
650K NFTX
Diluted Valuation
$8.46M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
Not enough data
83.31%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$14.70
Price Change (1Y)
Not enough data
68.71%
Additional details
Market details
NFTX vs markets
↘ 66.6%
NFTX vs BTC
↘ 66.32%
NFTX vs ETH
↘ 64.73%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x87d73E916D7057945c9BcD8cdd94e42A6F47f776 |
Price history
Time | Price | Change |
|---|---|---|
Today | $13.01 | |
1 Day | $12.90 | |
1 Week | $14.99 | |
1 Month | $14.97 | |
1 Year | $41.61 |
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.
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
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
NFTX calculator
Related assets
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.