✔️What is Hybrid NFTs?
What is Hybrid NFT?
Hybrid NFT is semi-fungible, blending the best features of fungible and non-fungible tokens, enabling fractional ownership and enhanced liquidity.
Native fragmentation Hybrid NFT lowers investment barriers, increases NFT liquidity and broadens the investor base, making high-value digital assets more accessible and tradeable.
Addressing NFT liquidity challenges: Traditional NFTs are indivisible and illiquid, hindering widespread adoption. Hybrid NFT tackles this by enabling fractional ownership, making high-value NFTs more accessible and easier to trade.
Unlocking new DeFi possibilities: Hybrid NFT paves the way for integrating fractionalized NFTs into DeFi protocols, enabling novel financial applications like staking and yield farming with NFTs.
Early-stage potential: The novelty and experimental nature of Hybrid NFT attracting early adopters and investors seeking opportunities in innovative and potentially disruptive technologies.
How does it works?
The hybrid NFT allows users to gain exposure to NFT price performance by buying the native coin on the open market, as NFTs and coins are based on a specific ratio.
These NFTs can be swapped with tokens and vice versa through a bidirectional bridge.
This fractionalization feature enables users to have exposure to NFTs even if they can’t afford to buy the entire NFT.
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