NFT represent unique tokens that represent ownership of digital items, like virtual real estate, artwork, collectibles, and more using blockchain technology to ensure their authenticity and scarcity. Projected to hit 230 billion by 2030, the non-fungible token (NFT) market has been experiencing explosive growth, reaching a market cap of 10 billion in 2023. NFT has redefined the way we interact with digital assets.
Read CRYPTONEWSLAND onSuperNova (SNV), NFTFN’s first flagship product, NFTFN aims to provide a cost-effective and accessible solution for all NFT aspirants.
SuperNova offers an NFT floor-price index, which will allow traders to hedge their positions on various Blue-Chip NFT collections and participate in the market without the burden of managing individual NFTs. SuperNova will target the limitations of the traditional NFT market, improve liquidity, and create a more inclusive and rewarding experience for all participants.
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The premium Blue-Chip NFT collections are generally inaccessible to average investors due to their high entrance costs. Navigating the intricacies of buying & selling of NFTs on secondary markets can be intimidating. Investors also become vulnerable to the market’s volatility due to an absence of readily available hedging mechanisms.
As an index, SuperNova will offer traders broad exposure to the NFT market by distributing the risk among multiple NFTs and mitigating the effects of poor performance or volatility of any single NFT.
SuperNova will give affordable access to high-end NFTs such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Azuki, Doodles, and CloneX. SuperNova will be an equalizer – allowing everyone to engage with various Blue-Chip NFT collections without the hassle of managing individual NFTs.
By introducing a perpetual NFT floor price, SuperNova will give traders diversified exposure to the market & also tackle the liquidity problems in the NFT ecosystem.
With plans for a sustainable and inclusive trading experience, NFTFN’s SuperNova has the following features:
NFTFN positions itself as the leading platform for the unending trading of various assets like Blue-Chip NFTs, Crypto, and Real-World Assets. With an investment threshold as low as $10, users can conveniently take either long or short positions on the asset class of their choice, making it a suitable platform for traders across all levels.
For more visit:
Website: nftfn.xyz
Telegram: t.me/nftfnofficial
Twitter: twitter.com/nftfnofficial
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