X21 Digital and Fusible Partnership
The X21 Digital team is pleased to announce the addition of Fusible to our growing diversified investment portfolio. Fusible is an experimental price discovery primitive protocol for NFTs built on both the Binance smart chain and Ethereum. The Fusible protocol allows creators to liquefy their NFTs and create pools on Fusible, Pancakeswap, and Uniswap for a curve based price discovery.
Fusible aims to solve the illiquid problem facing the NFT space by creating a protocol that allows NFT creators and buyers to liquefy their NFTs. This process allows speculators to own fractionalized pieces of that NFT. It opens up a new opportunity to generate more liquidity for an asset class that has been highly illiquid. Current solutions to price discovery of NFTs on platforms such as Opensea and Raribles are the limited auction style systems and static Buy It Now options.
X21 Digital has been successful in onboarding early start-ups. A commitment to innovative groundbreaking solutions and blockchain technology provides us with unique opportunities in assisting clients with product development.
We are thrilled with our involvement with Fusible as they aim to provide much needed options within the niche NFT segment.
About Fusible
Fusible plans to be the go to price discovery protocol for all things NFT. Fusible’s protocol uses curve-based pricing mechanisms to attain equilibrium points between supply/demand. Their protocol is a fork of Bancor’s formula which has been modified to create a price discovery protocol for NFTs.
About X21 Digital
X21 Digital is a Blockchain advisory and Investment firm dedicated to helping blockchain startups accelerate their growth and exposure in the industry.
To date, X21 Digital has invested and advised several companies and projects with optimal strategic advice and guidance to build their path to success.
Useful Links
X21 Digital
Website: https://x21digital.com/
Twitter: https://twitter.com/X21_Digital
Fusible
Website:https://fusible.io/
Twitter: https://twitter.com/fusibleio
Telegram: https://t.me/fusibleio
Medium: https://fusible.medium.com/
