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NFT Protocol (NFT) is a premiere decentralized NFT trading protocol that allows users to trade singular or custom baskets of fungible and non-fungible tokens on the Ethereum and Polygon networks. This platform is designed to provide a zero-intervention trading experience for all digital assets, ensuring maximum security and censorship resistance. NFT Protocol supports trading various asset types, including ETH/MATIC, ERC 20s, ERC 721s, and ERC 1155s, offering users the freedom to trade any quantity and combination of supported assets.
One of the key features of NFT Protocol is its on-chain order storage, which guarantees the availability of both custodial and non-custodial orders. All orders are generated through on-chain transactions and stored in the NFT Protocol contract, eliminating the vulnerabilities associated with gasless order generation. This ensures a secure trading environment for users, empowering them to unlock liquidity for otherwise illiquid assets via multi-asset barter. Additionally, the NFT Protocol operates on a governance model, with the $NFT token serving as the governance and utility token. Token holders have the power to influence the development direction, treasury deployment, and fee distribution.
NFT Protocol is a project originally developed by Blockparty. However, it is set to be managed by The NFT Foundation in the future, which consists of appointed token holders. By providing a decentralized and multi-asset trading platform, NFT Protocol aims to shape the future of NFT trading, allowing users to trade a wide range of digital assets on-chain securely. With its focus on maximum security, censorship resistance, and community governance, NFT Protocol offers users a reliable platform for all their NFT trading needs.
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