FT FT FractonX

FractonX is a liquidity infrastructure based on NFTs that unlocks the financial potential of NFT collectibles by fractionalizing them. This approach addresses common challenges faced by other NFT liquidity platforms, such as inefficiency, high transaction fees, and limited usability. The protocol functions through a series of smart contracts, including a meta-swap feature, which emphasizes censorship resistance, security, and gas efficiency. For instance, Fracton partners with exchanges to create NFT ETFs, facilitating a seamless fractionalized trading experience for users. By establishing a robust NFT ETF framework, Fracton effectively resolves NFT price feed issues across various applications, including NFT oracles, lending, and perpetual contracts.

The native utility token of Fracton is FT, which serves multiple purposes: it incentivizes user interaction within the FractonX ecosystem and is utilized for governance votes to determine incentive distributions through vote-escrow mechanisms.

Fracton welcomes individuals and organizations to integrate their NFT collections into its ecosystem, aiming to enable everyone to “Buy your favorite top NFT in any amount.”

How Many FT Coins Are There in Circulation?

The total supply of Fracton (FT) is 100,000,000.

What is the Purpose of the FT Token?

FT is used to incentivize user engagement on the Fracton Protocol and for governance voting to establish incentive proportions via vote-escrow.

How Is the FT Network Secured?

FT is an ERC-20 token based on the Ethereum blockchain and is secured by Ethereum’s Ethash algorithm.