TriumphX Celebrates the Launch of ENFTEE with TRIX Burn
TriumphX, a blockchain-based decentralized NFT platform developer, announced the launch of Klaytn-based NFT marketplace ENFTEE by presenting its slogan and logo. The marketplace is scheduled to open on Feb. 5.
ENFTEE is a marketplace platform on which collectibles such as artwork, sports cards, and character goods are sold as Non-Fungible Token(NFT).
ENFTEE will launch its platform to the NFT market by offering fractionalized NFTs for the works of contemporary artists Jeff Koons and Damien Hirst. The platform will also provide character NFTs licensed from Daewon Media, a proprietor of various popular character copyrights. The platform is also preparing for sports and digital art NFTs.
To celebrate the launch of ENFTEE, TriumphX will conduct a TRIX token burn to stabilize the token value in the market. The total sale revenue generated in the first month, excluding the royalty for the creators, will be used to buy TRIX tokens. These tokens will be burnt in the first month of ENFTEE operation.
A TriumphX official said, “During the Covid-19 pandemic, we have witnessed a sharp drop in the sales of artworks from the galleries, while crypto art NFTs have generated a record-breaking 8.2M USD in sales last December. This certainly proves the public’s growing interest in the NFT market. We are looking forward to bringing our ideas into reality to provide a diverse and exciting NFT experience for our users.”
TriumphX has recently entered a partnership with Chainlink to offer the world’s first sports NFT cards that map game scores and player stats. The foundation is making massive progress with its roadmap, as the launch of Sole-X 1.0, a cross-chain NFT marketplace, is scheduled in March.