hiUNDEAD (UNDEAD) is a novel cryptocurrency project that is disrupting the crypto space through its unique integration with non-fungible tokens (NFTs) and the Fracton Protocol. This ERC-20 token serves as a representation of fractional ownership in an UNDEAD NFT within the Meta-Swap pool of Fracton Protocol, enhancing accessibility, liquidity and ownership rights like never before.
Understanding hiUNDEAD
The hiUNDEAD project brings a unique concept to the Crypto market, fractionalizing NFTs into divisible tokens. Each hiUNDEAD token stands as the equivalent of 1/1,000,000 ownership in a single UNDEAD NFT within the Meta-Swap pool of the dynamic Fracton Protocol. This innovative approach leverages blockchain's possibilities, enabling more fluidity and democratizing access to NFT assets.
Impact on the Total Supply of hiUNDEAD
In the hiUNDEAD ecosystem, the total supply of the hiUNDEAD tokens directly correlates with the number of UNDEAD NFTs present in the Meta-Swap pool. Every time an UNDEAD NFT is added to the pool, the overall supply of hiUNDEAD tokens increases by a staggering 1 million. Conversely, when an UNDEAD NFT is redeemed from the pool, the supply of hiUNDEAD tokens decreases by 1 million, maintaining a balanced and fair system of NFT ownership.
hiUNDEAD: A New Era of NFT Ownership
hiUNDEAD is redefining the boundaries of cryptocurrency and NFT markets, introducing an innovative way to trade, invest in, and claim ownership of NFTs. By fractionalizing NFT ownership and maintaining a flexible supply of tokens based on the NFT pool, hiUNDEAD is driving a new era of NFT ownership, enhancing accessibility and liquidity for all its users.
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