Introducing . . . Nonce Finance | Financial Times

Posted By : Telegraf
1 Min Read

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You what mate?

Nonce Finance is an NFT fractionalization protocol that increases the liquidity of NFTs by tokenizing them into fungible fractional tokens thereby allowing them to use various DeFi Legos. Nonce has built a custom bonding curve optimised for fractional tokens and is leveraging a buyout game that allows someone to buy a fractionalized NFT and make it whole again.

No, no. We get what NFTs are — well sort of — and we get what fractionalisation is. The tradfi system has been doing that with shares for yonks.

But . . . Nonce Finance?

Just when you thought companies might avoid giving products embarrassing names in other cultures thanks to that thing called the internet, trust cryptodom to completely drop the ball.

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