Fracton Protocol: Revolutionizing NFT Trading with HiNFT Token Series
It is reported that the transaction volume of Fracton Protocol, the NFT fragmentation liquidity protocol, has exceeded 3 billion US dollars 10 months after the launch of its HiNFT
It is reported that the transaction volume of Fracton Protocol, the NFT fragmentation liquidity protocol, has exceeded 3 billion US dollars 10 months after the launch of its HiNFT token series. The Fracton Protocol decomposes high-value NFT series (such as “Boring Ape” BAYC and CryptoPunks) into small NFTs, allowing anyone to own and trade them. As of now, the protocol has supported the “decomposition” of 25 blue chip NFT projects. （nftplazas）
NFT fragmentation liquidity agreement Fracton Protocol transaction volume exceeded 3 billion US dollars
NFTs, or non-fungible tokens, have taken the digital world by storm, with people flocking to buy unique and rare digital assets. However, owning these high-value NFT series can come at a steep price, making them inaccessible to many. Enter Fracton Protocol, the NFT fragmentation liquidity protocol that is changing the game with their HiNFT token series.
What is Fracton Protocol?
Fracton Protocol is a decentralized finance (DeFi) platform and NFT liquidity protocol that allows anyone to own and trade small NFTs of high-value NFT series. The platform decomposes blue-chip NFT projects, such as Boring Ape Yacht Club (BAYC) and CryptoPunks, into smaller tokens, called HiNFTs, that can be traded on various decentralized exchanges (DEXs).
The protocol is built on the Ethereum blockchain and uses smart contracts to enable secure and transparent trading. By breaking down high-value NFTs into smaller pieces, Fracton Protocol makes it possible for anyone to own and trade these coveted digital assets.
The Success of HiNFT Token Series
Fracton Protocol has seen immense success since the launch of their HiNFT token series. According to recent reports, the transaction volume of the protocol has surpassed 3 billion US dollars, a staggering feat considering the relatively short time period of just 10 months since its launch.
The HiNFT token series has catalyzed the growth of NFT trading, enabling users to own a fraction of rare NFT collections without breaking the bank. This has led to increased accessibility and liquidity in the NFT market, attracting investors and collectors alike.
Advantages of Fracton Protocol
Fracton Protocol offers several advantages over traditional NFT trades. Firstly, it reduces the barrier to entry for high-value NFTs, making them accessible to a wider audience. Secondly, it increases liquidity in the NFT market, allowing for smoother and more efficient trading. Thirdly, the platform’s decentralized nature ensures security and transparency in all transactions.
Blue-Chip NFT Projects Decomposed by Fracton Protocol
Fracton Protocol has supported the decomposition of 25 blue-chip NFT projects, including:
1. Boring Ape Yacht Club (BAYC)
2. CryptoPunks
3. Art Blocks
4. Pudgy Penguins
5. World of Women (WOW)
6. Gutter Cat Gang
7. Mutant Ape Yacht Club (MAYC)
8. Meebits
9. Bored Ape Kennel Club (BAKC)
10. Cool Cats
11. The Doge Pound
12. Pranksy Penguins
13. Bored Ape Chemistry Club (BACC)
14. Bored Ape Comic Club (BACC)
15. Ringers
16. Pudgy Penguins Igloos
17. Archetypes
18. Fidenza
19. Ape Kids League (AKL)
20. Micro Punks
21. Hodies
22. Chibi Dinos
23. The Yetis
24. The Wicked Craniums
25. World of Mars
Conclusion
Fracton Protocol’s HiNFT token series is revolutionizing the NFT market, making it more accessible and liquid than ever before. The protocol’s ability to decompose high-value NFTs into smaller fractions has led to a surge in transactions, with the platform reaching over 3 billion US dollars in just 10 months. Fracton Protocol is making waves in the DeFi space, with its innovative approach to NFT trading and democratizing access to high-value digital assets.
FAQs
1. How does Fracton Protocol ensure security in NFT transactions?
Fracton Protocol uses smart contracts and operates on the Ethereum blockchain, ensuring secure and transparent transactions.
2. Can I own a fraction of any NFT series through HiNFT tokens?
No, Fracton Protocol only supports the decomposition of select blue-chip NFT projects.
3. Is it possible to trade HiNFT tokens on centralized exchanges?
No, HiNFT tokens can only be traded on decentralized exchanges (DEXs) that support the Ethereum blockchain.
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