NFTX Logo

NFTX NFTX

NFTX header image

1. Summary

Limited data

  • 100% of the NFTX code repositories are forked (originally copied) from another project.

Ranks

Liquidity
77
Developer
-
Social
78
Momentum (beta)
98
Stack Rankā„¢
-
Price
$25.59 -7.6%
Market Cap
$10.74M (#1272)
Supply
420,000.00 / 650,000.00
Price
52W High price $35.79
52W High date 1st Jun 2024 (1 month ago)
All Time High (ATH) Date 16th Feb 2021 (3 years ago)
ATH Price $499.09
% From ATH -93.58%
All Time Low (ATL) Date 15th Jun 2023 (1 year ago)
ATL Price $11.43
% From ATL 180.21%
Supply & Trading Volume
Trading Volume (24h) $65,890.00
Total Supply 650,000.00
Max Supply 650,000.00
Circulating Supply 420,000.00
Description

About NFTX

About NFTX

NFTX is a community-owned protocol and platform designed to create non-fungible token (NFT)-backed ERC-20 tokens. These tokens, referred as "funds," are fungible, composable, and actively traded on decentralized exchanges (DEXs) such as Sushiswap and Uniswap. NFTX supports the creation of funds based on various NFT collectibles, including CryptoKitties, CypherPunks, and others.

Key Features

  • Composable and Fungible Tokens: NFTX's funds can be traded on DEXs and are interchangeable with other tokens.
  • 1:1 Backing: Each fund token has a direct 1:1 backing with the corresponding NFT contract.
  • NFT Asset Representation: These funds provide a way to represent the value of specific NFTs as tradable tokens.

Functionality

  • Creation of Funds: Users can create NFT-backed funds, enabling trading and liquidity around specified NFT collectibles.
  • DEX Trading: These funds are actively listed on decentralized exchanges (DEXs), making them accessible for trading.
  • ERC20 Compatibility: The funds are built as ERC-20 tokens, ensuring full fungibility and composability.

Use Cases

  • NFT Exposure: NFTX allows users to gain exposure to specific NFT markets without requiring direct ownership of the NFTs themselves.
  • NFT Trading: The platform enables quick liquid trading of NFT-backed funds, benefiting both NFT collectors and investors.
  • Liquidity Provision: NFTX aims to supply liquidity for both its fund tokens and the NFTX native token.

Goals and Objectives

  • NFT Asset Appreciation: NFTX aims to drive long-term appreciation of its native token through strategic market access and liquidity.
  • Decentralized Growth: The project prioritizes decentralization, working with like-minded organizations to expand its reach and capabilities.
  • NFT Market Relevance: NFTX seeks to become a primary hub for NFT market data and analytics, much like traditional financial data platforms.
2. Price

NFTX

2.1. Market Performance

How does NFTX's (NFTX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

110.9%

NFTX

16.5%

Similar Market Cap

60 Day Return

73.9%

NFTX

3.7%

Similar Market Cap

1 Year Return

108.6%

NFTX

27.2%

Similar Market Cap

3. Developer Activity

We're monitoring 33 NFTX GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All NFTX Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 119

Most Active Repos

Past week 39
Past 12 weeks 136
Past year 147
Past week 0
Past 12 weeks 0
Past year 140
Past week 20
Past 12 weeks 20
Past year 135
Past week 0
Past 12 weeks 22
Past year 86
Past week 14
Past 12 weeks 29
Past year 75
Past week 22
Past 12 weeks 48
Past year 61

Top Developers 2024

In total, 186 developers have contributed to NFTX over the past year. Who are the most active NFTX developers, by commits, over the past year?

Related Projects

Developers working on NFTX also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users
Active Discord Users
Telegram Users
Twitter followers 40,688
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://nftx.org/#/
Explorer https://etherscan.io/address/0x87d73E916D7057945c9...
Twitter @nftx_

What is the correct contract address for NFTX?

Ethereum 0x87d73e916d7057945c9bcd8cdd94e42a6f47f776

Has NFTX been audited for security?

No security audits found for this project.

Are you the owner of NFTX? Edit it here

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