The main hypostases and parts of the Project
The Project as a whole acts as:
  1. 1.
    A cross-chain aggregator of liquidity wrapped in NFT of any order;
  2. 2.
    A formalizer for valuation of assets within NFTs of any level of complexity;
  3. 3.
    An automatic anti-fraud system for the NFT market and related industries;
In doing so, the Protocol:
  1. 1.
    Helps rotate and unwrap assets;
  2. 2.
    Templates the NFT creation process for platforms (marketplaces, exchanges, etc.);
  3. 3.
    Sets a minimum valuation for NFT at the expense of the accumulator.
Oracle in turn:
  1. 1.
    Creates a scoring system - initial valuation of assets through open data analysis;
  2. 2.
    Applies as a classical and/or AI-anti-fraud system, which allows each market participant to manage risk;
  3. 3.
    Systematises all positive and negative patterns in the use of NFT of any order.
Finally, Index:
  1. 1.
    Becomes one of the first decentralised and collateralised simultaneously market indices for NFT and related assets (synthetic, among others);
  2. 2.
    Acts as a selling instrument and the initial unit of exchange;
  3. 3.
    Also, the Index verifies Oracle data, preventing manipulation by misrepresentation of information by participants.
Besides these elements, there is Token, which acts as their link: herewith, all three elements (Protocol, Oracle, Index) can be used without Token - independently, but it adds unique functionality to DAO NIFTSY:
  1. 1.
    Participation in royalty payments to any actor (subject, script, AI, etc.): payment on any complex transactions in the subject-object model
  2. 2.
    WUM mechanics: dynamic part of drive, transaction processing.
  3. 3.
    Second- and subsequent-order NFT cross-chain exchange: functions - discount and netting rate.
  4. 4.
    Unification of token standards through a single wrapper format.
  5. 5.
    Tool for simplification and objectification of derivatives: valuation through turnover / pledge analysis of any tokens.
  6. 6.
    Token bonus model in the development of the Project ecosystem: airprops, bounty programmes, etc.
Token is thus a primitive cross-chain transfer mechanism for NFT wrapped assets (liquidity) and serves to reduce transaction costs.
Last modified 5mo ago
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