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Description
Explore, acquire, and exchange NFTs from sought-after CNFT collections on the Cardahub marketplace. Non-fungible tokens, or NFTs, are blockchain-based cryptographic assets that feature distinct identification codes and metadata, setting them apart from one another. Each NFT boasts uniqueness and cannot be exchanged on a one-to-one basis, meaning that no two NFTs are identical. They can represent anything from a one-of-a-kind digital artwork to a limited-edition sneaker from a fashion line, in-game items, or various digital collectibles. Collateral serves as a financial assurance that compensates nodes for their efforts in the event that the validation of a Plutus script (the address of a smart contract) does not succeed. This mechanism also acts as a safeguard against potential malicious attacks aimed at overwhelming the network. Without the presence of collateral, users would not incur charges for smart contract failures, but by the time a transaction fails, the network has already faced costs associated with initiating and validating that transaction. Consequently, the implementation of collateral becomes crucial for maintaining the integrity and efficiency of the blockchain ecosystem.
Description
NFTX serves as a platform designed to establish liquid markets for Non-Fungible Tokens (NFTs) that may otherwise lack liquidity. Users can place their NFTs into an NFTX vault and subsequently mint a fungible ERC20 token, known as a vToken, which grants them a claim on a randomly selected asset from within that vault. Additionally, vTokens can be redeemed for specific NFTs housed in a vault. The process of creating vaults is open to anyone and can accommodate any NFT asset on the Ethereum network. Once a vault is established, it becomes possible for users to deposit eligible NFTs in order to mint a fungible NFT-backed token, known as an "vToken", which represents a 1:1 claim on a random NFT contained in that vault. While the Mask vault permits the deposit of any Hashmask, other vaults may operate with an eligibility list that restricts deposits to a certain sub-category of NFTs. This flexibility enables a diverse array of NFTs to find liquidity through the NFTX platform, catering to both creators and collectors seeking to engage with the NFT market.
API Access
Has API
API Access
Has API
Integrations
Base App
Cactus Custody
Cardano
DeepDAO
Ethereum
GeroWallet
MetaMask
Parsec
Portis
WalletConnect
Integrations
Base App
Cactus Custody
Cardano
DeepDAO
Ethereum
GeroWallet
MetaMask
Parsec
Portis
WalletConnect
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Cardahub
Country
Switzerland
Website
cardahub.io/home
Vendor Details
Company Name
NFTX
Website
nftx.io