What is MOONBIRD NFT INDEX (NMOON)

Moonbird (NMOON/USDT – Trade it here) is an index based on a collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits. This article explores what stands behind NIFRIEND Index and how to purchase it on MEXC Exchange.

What is MOONBIRD NFT INDEX (NMOON)
What is MOONBIRD NFT INDEX (NMOON)

What is Moonbird

MOONBIRD is the first PFP NFT project under the high-quality equity project “Proof”. The total circulation is 10,000. The core founder of the Proof Collection, Kevin Rose, is a well-known serial entrepreneur and angel investor in the United States. The artist behind the collection and its pixel-art style is Justin Mezzell, who is also the co-founder and CPO of the Proof platform.

How do you Use a Moonbird?

One of the unique perks associated with ownership of the Moonbird NFT is “nesting”, or the ability to stake NFTs by locking the NFT — making the NFT untradeable through a smart contract — without the need to transfer it to a vault for safekeeping.

How is the Moonbird NFT Index made?

The NMOON index refers to an asset basket consisting of 2MOONBIRD NFTs. MEXC splits 2 MOONBIRD NFTs into 2,000,000 NMOON index tokens (1,000,000 NMOON per NFT). The NMOON index provides users with the opportunity to trade high-quality blue-chip NFTs at low cost. If a user owns a sufficiently large percentage of the index, they can exchange their index holdings for one of the 2 MOONBIRD NFTs. MEXC will expand the collection from time to time according to market demand, and MEXC’s total position will not exceed 10%. For collection details, see the link: https://opensea.io/0x7228A52cA531c87B371f91c71d6608a975b06e27

How to buy Moonbird NFT Index?

The process of buying NFT Index is almost the same and easy as trading crypto on the spot markets. You can buy Moonbird (NMOON) on MEXC by the following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “NMOON” using the search bar to see the available trading pairs. Take NMOON/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of NMOON you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy NMOON] to confirm your order. You will find the purchased NMOON in your Spot Wallet.

For the comprehensive guide on how to buy NMOON and other available tokens, please visit special MEXC How to Buy Guides Section.

Recent NMOON NFT Index Price & Performance

Since its recent listing on MEXC, Moonbirds NFT reached the highest price (ATH) of 0.06138 USDT on May 31st, 2022. Now, in August 2022, the NMOON index price circulates at around 0.02886 USDT.

Interested in buying NFTs? We have more!

MEXC not only provides access to the world’s most popular tokens and new GEMs, but also offers unique assets & tools such as the Moonbird NFT Index! Visit the hot projects section to find more hot tokes that we listed recently. If you would like to know more about crypto trading itself, visit MEXC Academy.

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