NFT-20.org
  • 👋Introduction
  • 🌿Beginner's Guide
    • 🔁Trade NFT20 Assets
    • ↔️Mint NFT20 Assets
    • ↗️Redeem NFT Assets
    • ⬇️Add Liquidity To NFT20 Pool
  • ✅Verified NFT20 Markets
  • ☑️Verified Add Liquidity Pairs
  • 🔗Important Links
  • ❗Disclaimer
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  • What is NFT20?
  • Why is NFT20 Important?

Introduction

NextBeginner's Guide

Last updated 1 year ago

What is NFT20?

NFT20 tokens are ERC-20 tokens that are backed 1:1 by ERC-721 or ERC-1155 NFT deposits on the smart contract.

NFT20 tokens can be verified directly on-chain.

NFT20 tokens make conventional NFTs "fungible" and trader-friendly.

With NFT20, you can buy, sell, and trade NFTs in whole or fractions as easily as any other ERC-20 token.

Why is NFT20 Important?

NFT20 offers users the following benefits:

  • 🧩 Fractionalization: Traditional NFTs are too pricy? With NFT20 tokens, you can own parts of an otherwise expensive NFT.

  • 🧭 Decentralized: Completely trustless! Verify assets on-chain, don’t worry about KYC or regulations. Your keys, your NFTs.

  • 🔁 Multi-asset Swap: Trade without restrictions. Exchange your assets for any other coin or NFT20s, the sky's the limit.

  • 💧 Liquidity Mining: Become a liquidity provider and add to pools to earn fees (and more).

You can start trading NFT20s on the NFT-20.org DEX. Just connect your wallet to get started.

The NFT-20.org DEX is proudly powered by Tegro.

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