hiBAYC is an innovative crypto project based on the Fracton Protocol. This is a pioneering NFT fragmentation protocol that specializes in transforming selectively curated NFT collections into NFT-backed tokens, also known as hiNFTs. This groundbreaking approach is designed to amplify accessibility and liquidity in the dynamic NFT market.
Unique Features of hiBAYC
What sets hiBAYC apart from other projects in the crypto space is its capability to facilitate the trading of various hiNFTs on top-tier exchanges, ensuring transparency at all levels. This unique feature has led to the Fracton Protocol becoming one of the largest and quickest growing NFT-Fi platforms globally. It currently boasts over $10 million in Total Value Locked (TVL) and a staggering $3.3 billion of life-time trading volume.
History of hiBAYC
hiBAYC has a track record of consistent growth and development, even amid bear market conditions. In less than 10 months, the total TVL of the Fracton Protocol has skyrocketed from zero to over 7,000 ETH. As the first and only fractionalization protocol bridging the NFT-Crypto gap, it has integrated with a top 4 CEX for mass adoption and a seamless user experience. Its hiNFTs have become widely traded amongst crypto users, generating over $3.3 billion in trading volume in less than six months.
The Future of hiBAYC
Looking towards the future, the Fracton Protocol aims to fractionalize more blue-chip NFT collections and expand opportunities to bridge on-chain and off-chain worlds. This strategic goal reflects the potential and promise of hiBAYC.
Token Usage
The hiBAYC token serves a crucial role in releasing the liquidity of blue-chip NFTs and fostering their adoption. Users have the flexibility to trade, DCA, or profit from the MetaSwap system using these tokens, offering a myriad of opportunities for active participation in the NFT marketplaces.
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