IX Swap Drops NFT Collection with All Proceeds Going to Charity - GlobeNewswire

12/22/2021 / SubmitMyPR /

Singapore, Singapore , Dec. 22, 2021 (GLOBE NEWSWIRE) -- IX Swap, a growing decentralized exchange that facilitates the trade of security tokens and tokenized stocks, has released a unique NFT collection on OpenSea. The collection of 888 unique NFTs is marking the launch of fractionalized NFTs (F-NFTs) on the IX Swap platform.

F-NFTs are essentially fungible tokens that are created and then tied to a non-fungible NFT. The new, fungible tokens that are created for fractionalization can be bought and sold on the market and they represent an ownership stake in the underlying nonfungible asset to which they are tied to.

This innovative approach has many benefits. It can lower entry barriers by allowing smaller investors to obtain ownership of expensive, high-end NFTs that would otherwise be beyond their reach, and it also increases market liquidity, trading opportunities for retail investors, and long-term yield from holding NFTs. It also allows for considerable portfolio diversification since large sums of money no longer need to be allocated for the purchase and complete ownership of an individual NFT or asset.

By purchasing F-NFTs, investors can obtain ownership of new assets while retaining funds for investment elsewhere. Fractionalized collections like this can also reach a wider audience thanks to lower price floors and multi-owner access to singular NFTs.

Beyond these benefits, IX Swap has added another unique feature to its OpenSea NFT release: charitable donations.

...

Original Source of the original story >> IX Swap Drops NFT Collection with All Proceeds Going to Charity - GlobeNewswire