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NFTX

NFTX is a protocol that enables liquid, fluid trading of NFTs by allowing users to pool and tokenize NFTs into fungible vault tokens. It serves NFT holders and traders looking for on-chain liquidity for otherwise illiquid NFT assets. The protocol is currently on version 2 (v2.nftx.io) with a v4 upgrade announced as forthcoming.
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Description

NFTX is a decentralized protocol built for fluid NFT trading, enabling holders to deposit NFTs into vaults and receive fungible tokens in return, which can then be traded on decentralized exchanges for improved liquidity. This mechanism lets NFT owners and traders access instant liquidity and price discovery for NFT collections that would otherwise be difficult to trade due to their non-fungible nature. NFTX currently operates version 2 of its protocol (accessible at v2.nftx.io), and has announced that a new version, NFTX v4, is coming, continuing its focus on improving NFT market fluidity.