💡What we do
Key Components:
1. ERC404 Tokenized NFTs Standard:
New Standard: ERC404 tokenizes NFTs, offering fractional ownership, where 1 NFT is equal to 10^8 tokens.
Mechanism:
Users accumulate tokens, and once they reach 10^8, they can mint a randomized NFT.
If users do not reach 10^8 tokens, a portion of the tokens will be randomly burned, adding an element of risk and scarcity.
Liquidity and Transaction Benefits:
Boosts Chain Volume: Tokenized NFTs solve the liquidity problem of traditional NFTs, allowing users to trade fractional tokens with much higher liquidity, resulting in increased transaction volume and more user engagement.
Higher User Activity: The increased liquidity of tokens attracts a wider range of users, promoting higher activity on the Aptos chain, boosting both the user base and transaction throughput.
2. Bonding Curve Launchpad:
Market-Driven Fundraising: The X404 PUMP launchpad allows creators to raise funds using a bonding curve model, inspired by platforms like pump.fun.
Dynamic Token Pricing: Creators set an initial price, and as tokens are purchased, their price increases along the bonding curve, making the sale adaptable to market demand.
Trend Creation: Popular collections that experience a "pump" can trigger trends within the ecosystem, boosting visibility and sales for viral projects.
Liquidity Guarantee: Once 50% of a collection is sold, its tokens will automatically be added to the DEX liquidity pool, enabling active trading.
Market Adaptability: The bonding curve helps collections match market demand, allowing creators to maximize profits as interest grows and token prices rise.
3. Decentralized Exchange (DEX) and NFT Marketplace:
Self-Sustaining Ecosystem: X404 PUMP includes both a DEX for token trading and an NFT marketplace, creating a self-contained environment where liquidity flows seamlessly.
New AMM Mechanism: The platform introduces a unique Automated Market Maker (AMM) designed for the Aptos ecosystem, ensuring smooth liquidity management for tokenized NFTs and increasing trading efficiency.
Liquidity Boost: By tokenizing NFTs and trading them on the DEX, the ecosystem ensures greater liquidity and a faster turnover of assets compared to traditional NFT platforms.
Continuous Money Flow: Hosting the DEX and marketplace within the ecosystem ensures a constant flow of assets and liquidity, enabling the platform to operate autonomously and sustainably.
Pitching video
Got 2 minutes? Check out a video overview of our product:
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