First Crypto Punk Nested NFT ever made
At Charged Particles, we love to explore the endless possibilities of NFTs. Last week we happened to see a classic example of one of the most exciting use cases of Charged Particles.
Gmoney listed 8.61% of an Ape punk as a nested NFT on OpenSea. The fractionalization of the NFT was done using NIFTEX and was nested on Charged Particles.
Isn’t that amazing?
Fractionalizing a nested NFT!
If you want to give it a try, here are the steps to create a fractionalized NFT or an index fund using Charged Particles
1 — Mint a new NFT (or use one of your favorite ones you have already…)
2 — Go to app.charged.fi and navigate to “Manage”, select your NFT of choice and deposit inside of that NFT:
Here are some ideas for the things you can put in your NFT
> A few curated pieces of art from the community (Art NFTs that are expected to increase in value)
> Key ART NFT Protocol Governance Tokens (e.g. $RARI, $IONX, $OGN, $AUDIO, $SUPERBID, $MEME, etc.)
> Key METAVERSE Protocol Governance Tokens (e.g. $MANA $SAND $DG $CUBE $AXS)
> Key Art Fractionalized Tokens (e.g. $WHALE, $B20, any others from NIFTEX)
> Metaverse Digital Real Estate NFTs from CryptoVoxels, Decentraland, and wherever else.
> Throw in some PLAY — a Metaverse NFT Index from PieDAO
3 — Take this Charged Particles Basket NFT and go to NFTFY or NIFTEX. Fractionalize into ERC-20 tokens.
There are endless ways NFTs can be used and Charged Particles aims to build an innovative future for NFTs.
About Charged Particles
Charged Particles is a protocol that allows users to deposit ERC-20 tokens(ANY tokens) into an NFT. A scarce NFT (e.g. Financial Product, Art, Collectible, Virtual Real Estate, In-Game Item, etc.) can now be transformed into a basket holding a number of other tokens. The Principal amount can be time-locked inside the NFT, and through integration with Aave’s aTokens, the programmable yield from these DeFi yield-generating assets is just a few clicks away.
What’s in your NFT?
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