TriumphX, incinerated 50% of the 2021 platform fee of the Sole-X, the NFT Marketplace

Trix Admin
Jan 10 · 2 min read

TriumphX, a crosschain-based decentralized NFT platform developer, announced on the 7th (Friday) that it has completed incineration of TRIX tokens, which account for 50% of platform transaction fees incurred at Marketplace Sole-X in 2021.

TriumphX explained that the incineration of the TRIX token was implemented in accordance with the Sole-X platform fee incineration policy announced in July last year.

Sole-X currently supports transactions through TRIX, KLAY, ETH, and USDT, and the 50% incineration of transaction fees includes all fees incurred in transactions using four types of crypto assets, including TRIX. However, in the case of fees incurred by crypto asset transactions other than TRIX tokens, TRIX tokens, which account for 50% of the total fees, were pre-backed and then incinerated.

Sole-X, NFT Marketplace, is a Clayton-based blockchain platform that deals with individual sales of NFTs based on materials of various genres such as illustrations, painting works, installations and sculptures, and photographs.

Sole-X is launching the NFT series of famous domestic and foreign artists and influencers through ENFTEE, where high-quality content by individuals and second transactions are available.

Meanwhile, TriumphX is currently developing the NFT issuance platform ENFTEE version 2.0 and Marketplace Sole-X version 2.0 to create a safer and more reliable decentralized NFT trading environment. More detailed news will be provided in the future.

TriumphX

TriumphX is a decentralised exchange for the trading of in-game items that exists as NFTs.

TriumphX

TriumphX is a decentralised exchange for the trading of in-game items that exists as NFTs. Our goal is to create a highly liquid decentralised market that enables users to trade NFT tokens that exist across various blockchains with the highest security and transparency.

Trix Admin

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TriumphX; a decentralised peer-to-peer (P2P) exchange trading platform designed and built by gamers, for gamers.

TriumphX

TriumphX is a decentralised exchange for the trading of in-game items that exists as NFTs. Our goal is to create a highly liquid decentralised market that enables users to trade NFT tokens that exist across various blockchains with the highest security and transparency.