TN100x (TN100X)

TN100x (TN100X) is an experimental coin that aims to empower NFT creators and address the liquidity issue in the NFT space. It introduces a new model that uses proceeds from NFT minting to bootstrap liquidity, enables instant buy/sell functionality, and rewards holders. The coin operates with 100% on-chain functionality, ensuring transparency and trustlessness.

The project features trustless escrow, where funds and NFTs are held in escrow for 11 days. If the project doesn’t sell out within this period, participants can withdraw their ETH (minus gas fees). TN100x implements instant liquidity by using half of the mint proceeds and all external royalties to create liquidity for instant buys and sells. The smart contract includes a built-in marketplace functionality, ensuring seamless trading for participants.

Furthermore, TN100x introduces a unique approach where holders of LP NFTs can collect fees. A fee is taken every time an LP NFT is bought or sold from the internal liquidity pool. Half of this fee is put into a pool for holders to claim, while the other half goes back to the liquidity pool. By giving liquidity, fees, and listing ownership to NFT creators, TN100x aims to liberate them from the rules of centralized marketplaces and foster community-driven innovation.