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What is NFTX?

NFTX is a platform aimed at creating liquid markets for Non-Fungible Tokens (NFTs) that might otherwise struggle to find buyers. By depositing their NFTs into an NFTX vault, users can mint a fungible ERC20 token, referred to as a vToken, which provides them with a claim on a randomly chosen asset from the vault's contents. Furthermore, vTokens can be exchanged for specific NFTs stored in the vault, enhancing their utility. The ability to create vaults is accessible to anyone and can include any NFT asset on the Ethereum blockchain. Once a vault is created, users can deposit eligible NFTs to mint a fungible token, or vToken, that represents a 1:1 claim on a randomly selected NFT from that vault. While some vaults, like the Mask vault, accept any Hashmask, others may implement eligibility restrictions, allowing only certain sub-categories of NFTs for deposit. This system offers a versatile approach for a wide range of NFTs to gain liquidity on the NFTX platform, attracting both creators and collectors eager to participate in the evolving NFT marketplace. As a result, NFTX not only facilitates transactions but also encourages collaboration among NFT enthusiasts.

What is CENNZnet?

CENNZnet provides a ready-made NFT runtime module that accelerates the process of launching your NFT concept. Central to CENNZnet's mission is the commitment to authentic community ownership. We pride ourselves on being trailblazers in establishing an on-chain governance system. Thanks to our extensive prebuilt runtime modules, you can seamlessly bring your ideas to life, incorporating elements such as identity verification, generic assets, and NFTs. By leveraging CENNZnet's NFT runtime module, creating and selling NFTs becomes straightforward, eliminating the need for complex smart contracts. Users can mint personalized NFTs easily via a straightforward Javascript API or an easy-to-navigate user interface, promoting a user-friendly experience. This level of accessibility empowers creators to function independently of any specific marketplace restrictions. Furthermore, we are thrilled to unveil cutting-edge features that improve the storage, sharing, and functionality of NFTs, enhancing their adaptability for users. With these significant innovations, CENNZnet is set to transform the NFT ecosystem, paving the way for a new era of digital ownership. Our platform not only simplifies NFT creation but also fosters a collaborative community of creators and enthusiasts.

Media

Media

Integrations Supported

Base App
Cactus Custody
DeepDAO
Ethereum
MetaMask
Parsec
Portis
WalletConnect

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

NFTX

Company Website

nftx.io

Company Facts

Organization Name

CENNZ

Company Location

New Zealand

Company Website

cennz.net

Categories and Features

Categories and Features

Blockchain

Not specified

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