What is NFTPerp? NFTPerp is a Perputal platform built and developed on the Arbitrum ecosystem for blue-chip NFT projects. It can be said that this is a project to bring NFT and DeFi closer together. Everyone, let’s learn more about this NFTPerp project!
What is NFTPerp?
NFTPerp allows users to Long – Short blue-chip NFT collections with up to 5x leverage. So why do we need NFTPerp.
Usually, if you look at collectibles like CryptoPunks, Bored Ape Yacht Club, Doodles,… you predict the prices of these NFT collectibles have hit the bottom and you want to catch the bottom to make more profits. However, 1 NFT is worth up to dozens of ETH and there is a high possibility that you do not have enough money to buy NFT.
With those problems, NFTPerp was born, a project that allows users to Long – Short collections with leverage up to 5x, thereby making profits based on correct predictions of price trends.
The Difference Of NFTPerp
NFTPerp brings some of the following advantages and products to users including:
- NFTPerp provides a smooth experience with fast speeds and low transaction costs on the Arbitrum network while still receiving the security of Ethereum.
- vAMM is a DEX similar to Perpetual that ensures liquidity for the protocol. With vAMM, the platform eliminates the need for liquidity pools.
- NFTPerp has Orcale integration to deliver real-time prices of NFTs to the platform.
- Decentralized: All users can join NFTPerp anywhere and at any time.
- NFTPerp offers 5x leverage with blue-chip NFT collections.
- NFTPerp makes it possible for anyone to participate in NFT investing based on a small amount of capital without having to own the NFT.
Currently the project has been audited by PeckShield.
Development Roadmap
In late 2022 and 2023, NFTPerp has many product development plans such as:
- Develop partnerships with NFT Lending & Borrowing platforms.
- Issuing tokens.
- Launching Structure Finance product.
- Official mainet version NFTPerp V1.
- Introducing NFT Index Derivatives.
Core Team
Update…
Investor
November 25, 2022: NFTPerp successfully raised $1.7M in Seed round with a valuation of up to $17M with the participation of Dialective, Maven 11, Flow Venture and many other VCs.
Tokenomics
Update…
Information Channel of NFTPerp
- Website: https://nftperp.xyz/
- Twitter: https://twitter.com/nftperp
- Medium:
Summary
NFT Finance is considered one of the future trends of the crypto market and in that financial picture there is the presence of NFTPerp – a Perpetual project for NFT collections. However, the project is in its early stages and needs a lot of time to observe.
