NFTs as an Emerging Asset Class
Markets for crypto-based collectibles and unique digital assets have come a longWhen you intend to take a large amount of cryptocurrency and... More way since Crypto Kitties famously bottlenecked the EthereumOne of the top three cryptocurrencies in the world based on ... More networkA network refers to all the nodes committed to helping the o... More in late-2017. Simply put, Non-fungible tokens (NFTs) have exploded: trade volumes on NFTShort for Non-Fungible Tokens; digital assets which are uniq... More markets nearly quadrupled in 2020 and have continued to grow at a healthy clip this year. Hundreds of projects offering a myriad of use cases beyond collectibles populate the sector, which now has a total market capShort for market capitalization. More of $1.36B.
What are NFTs?
Generated by smart-contracts, non-fungible tokens (NFTs) use blockchainThe blockchain is a digital ledger of all the transactions e... More technologies to link to non-replicable digital assetsAny type of online file that has value. This can include mus... More. Individual and unique, NFTs accrue value through scarcity and utility. They are transferable, they preserve ownership rights and, on the immutable blockchainThe blockchain is a digital ledger of all the transactions e... More ledgerA record of financial transactions. A ledger cannot be chang... More, they establish authenticity. Among leading decentralized networks, EthereumOne of the top three cryptocurrencies in the world based on ... More, Zilliqa, and EOS support NFTShort for Non-Fungible Tokens; digital assets which are uniq... More marketplaces and protocolsThe set of rules that defines how data is exchanged across a... More.
NFTs as industry disruptors
NFTs are being widely adopted across several industries including art, collectibles, games, and domain/wallet name services. In these areas, the NBA and Christies auction house are just two of the major brands that have begun to offer NFTShort for Non-Fungible Tokens; digital assets which are uniq... More assets.
But NFTs promise even greater disruptive potential. If, as seems likely, intellectual property rights migrate to blockchainThe blockchain is a digital ledger of all the transactions e... More as NFTs, countless units of digital content — music, photos, video, essays/articles and beyond — will move to secondary markets. In such a case, one could imagine NFTs becoming the biggest asset class in blockchainThe blockchain is a digital ledger of all the transactions e... More.
NFTs as an asset class
Lending protocolsThe set of rules that defines how data is exchanged across a... More have begun to accept NFTS as collateral, and projects like NIFTEX now allow for the division of NFTs into fungible ERC20 tokens that permit buyers to assume fractional ownership of NFTs that might otherwise have been out of reach. Yet newer projects like NFTX allow for the creation of ERC20 tokens as funds representing sets of NTFs. These funds enable investors to diversify exposure without the requirement that they hold multiple tokens.
Kairon Labs offers unparalleled market making services for assets in the NFTShort for Non-Fungible Tokens; digital assets which are uniq... More sector, like NFTX, that are traded on centralized- and decentralized-exchanges. Our automated systems maintain price support and stability, order-book depth, and tight bid/ask spreads. When organic volumeThe total amount of currency being traded in the open market... More and liquidityThe liquidity of a cryptocurrency is defined by how easily i... More has been secured on centralizedA system of power where central authority has control over t... More exchanges, clients can leverageA loan of sorts offered by a broker on an exchange during ma... More Kairon Labs’ services to capitalize on arbitrageThe act of buying from one exchange and then selling it to a... More opportunities. These arbitrageThe act of buying from one exchange and then selling it to a... More opportunities can arise from capital inefficiencies on new established centralizedA system of power where central authority has control over t... More exchanges and from large market buys/sells that are common on DEXs like Uniswap. Come chat with us to learn more.