Get Familiar with Fractionalized NFTs and More with Joël Hubert, Co-founder of NIFTEX - Ep. 33
In this episode, Bobby Ong, co-founder of CoinGecko is joined by Joël Hubert - Co-founder, NIFTEX. Bobby interviewed Joël on the background of NIFTEX, their updates for NIFTEX V2, their NFT bundle, as well as Joël’s advice for beginner NFT collectors.
00:00 Introduction
02:08 What is NIFTEX?
07:58 What happens to the fractionalized NFT when there’s a bid on it?
20:14 Updates on NIFTEX V2
28:39 Interesting stats on NIFTEX
33:50 NIFTEX’s R64X NFT bundle
44:33 Thoughts on NFT on Layer 1 chains
47:58 Advice for beginner NFT collectors
Quotes from the episode:
“Coin Artist from Neon District, she fractionalized herself and you know, and she used this coin as like a community membership, proof of community membership.” [21:38]
“If Almace would have remained in one piece, we always say it might've traded a few times in the year and it might have done a few hundred ETH in volume. But then when we fractionalize Almace it did like a thousand ETH of volume in the first two, one or two weeks” [26:51]
“I think for beginners, they're going to be super confused with these fractions of NFT stuff. And so they just need to have a very solid foundation in NFTs themselves, so I would advise them to start with arts.” [48:46]
Links
NIFTEX - https://www.niftex.org/
CoinGecko - https://www.coingecko.com/
NIFTEX on CoinGecko - https://www.coingecko.com/en/exchange...
Social Media
NIFTEX:
/ niftex
CoinGecko:
/ coingecko
https://t.me/coingecko