Audience
Individuals looking for an NFT marketplace platform to buy, sell and swap NFTs
About NFTX
NFTX is a platform for creating liquid markets for illiquid Non-Fungible Tokens (NFTs). Users deposit their NFT into an NFTX vault and mint a fungible ERC20 token (vToken) that represents a claim on a random asset from within the vault. vTokens can also be used to redeem a specific NFT from a vault. Vaults can be created by anyone for any NFT asset on Ethereum. Once a vault has been created, any user can then deposit eligible NFTs into the vault to mint a fungible NFT-backed token referred to as an "vToken". Anyone can deposit NFTs into an existing vault (or one they have created) in order to mint a fungible vToken that represents a 1:1 claim on a random NFT from within the vault. The Mask vault allows any Hashmask to be deposited, however other vaults use an eligibility list that only allows a specific sub-category of NFTs to be deposited.
Other Popular Alternatives & Related Software
Envelop
Envelop wrapper - tool to upgrade NFT with new functionality: financial set-up, on-chain royalty, time and value locks for vaulted liquidity.
In the current version of the protocol (ver.1), you can select either one or combinations of the following functions:
Set lock by event;
Set lock by time;
Add other coins, tokens, or NFTs inside NFT2.0
Mint upgradable Soulbound Tokens and various certificates, gift tickets, and more;
Set up different royalty and multi-royalty options.
It is important to note that the more functional NFT2.0 is fully compatible with the ERC721 and ERC1155 standards. So they can be traded on any NFT marketplace.
These simple features create many new uses for NFTs:
- Digital Gifts.
- Liquid Farming.
- Upgradable SBTs.
- Trustless revenue sharing
- And many others
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Alchemix
Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances on your yield farming via a synthetic token that represents a fungible claim on any underlying collateral in the Alchemix protocol. The DAO will focus on funding projects that will help the Alchemix ecosystem grow, as well as the greater Ethereum community. Alchemix lets you reimagine the potential of DeFi by providing highly flexible instant loans that repay themselves over time. The synthetic protocol token (alUSD) is backed by future yield. Join the growing wave of Alchemy, it's destiny on your terms! Deposit DAI to mint alUSD, a synthetic stablecoin that tokenizes your future yield. Yield earned by your collateral from yearn.finance vaults automagically repays your advance over time. Transmute alUSD back into DAI 1-to-1 in Alchemix or trade it on decentralized markets such as Sushiswap or crv.finance.
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OpenSea
The world’s largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs), including ERC721 and ERC1155 assets. Buy, sell, and discover exclusive digital assets like Axies, ENS names, CryptoKitties, Decentraland, and more. Building brand new economies powered by true digital ownership. OpenSea is the first and largest marketplace for user-owned digital goods, which include collectibles, gaming items, domain names, digital art, and other assets backed by a blockchain. At OpenSea, we're excited about a brand new type of digital good often referred to as a non-fungible token, or NFT. NFTs have exciting new properties: they’re unique, provably scarce, liquid, and usable across multiple applications. Just like physical goods, you can do whatever you want with them! You could throw them in the trash, gift them to a friend across the world, or go sell them on an open marketplace. But unlike physical goods, they're armed with all the programmability of digital assets.
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Rarible
Creator-centric NFT marketplace with a community governance program. The first community-owned NFT marketplace. Create, sell or collect digital items secured with blockchain. NFT stands for non-fungible tokens like ERC-721 (a smart contract standard) tokens which are hosted on Ethereum’s own blockchain. NFTs are unique digital items such as collectibles or artworks or game items. As an artist, by tokenizing your work you both ensure that it is unique and brand it as your work. The actual ownership is blockchain-managed. RARI is the native governance token of the NFT marketplace Rarible, designed to reward active platform users with a voice on the platform's future. As we are growing in numbers and expanding our presence on the market, we decided to take a shift towards a becoming a fully Decentralized Autonomous Organization. RARI has been created to give Rarible community the power to influence decisions and incentivize active participation.
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NFTX
nftx.io
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