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FractonX

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Category: NFT Marketplace

Fracton Protocol

Fracton Protocol provides NFT trading and liquidity infrastructure through fractionalization. It deposits selected NFTs into un-upgradable Ethereum smart contracts, with each hiNFT token representing one-millionth of an underlying NFT in an on-chain NFT Meta-swap pool. Users can trade fractionalized tokens and permissionlessly redeem hiNFTs for NFTs from the related pool, using Chainlink VRF for random selection. The site also presents support for BTC NFT fractionalization through BRC-20 hiTokens.
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Funding Rounds

Funding Round: Public Sale
Funding Date: 1 Aug, 2022
Raised Amount: $600K