What is NFT Index Token ?
NFT Index Token is launched by MEXC. MEXC purchases the well-chosen NFT artworks, splits them into 1,000,000 tokens , and then lists the corresponding NFT Index.
For Example:
nCloneX Index is made up by 8 Colne X NFTs to allow users to trade blue chip NFT with small investments. Users have rights to exchange a full NFT with portions purchased.
The value of NFT Index Token
- Increase better liquidity: Due to high price of blue chip NFT , requirement to participate is too high. NFT Index Token provides an opportunity for users to purchase portions of blue chip NFT. Users who purchase an amount of 1,000,000 units can contact MEXC every week to redeem a full NFT! The higher the rarity, the later the redemption.
- Obtain potential airdrops: Airdrops will be issued for certain NFT’s. Users can earn airdrops in proportion to their NFT Index holdings.On the opposite, users will purchase a full NFT with high investments.
- Expected Appreciation: When the floor price of an NFT increases over 100%, early investor will exchange it after satisfying exchange ration of 1:1,000,000 and sell it on Opensea to obtain an extraordinary profit.
How to redeem an NFT
- Participate in NFT Index Token purchase
- Exchange an NFT with 1,000,000 NFT Index Tokens
- Frequency: 2-3 times per week
- Order: Redeem by ranking, from top to bottom
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