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Detailed explanation below but for the LAY MAN like myself: Alright, picture the pair that gets gets created when making a SUDO or NFTX pool. You are infusing LIQUIDITY into NFTS, and creating a liquid market. It's ERC-20 wrapping NFTs Now picture that baked into a contract but better. It's BOTH a ERC-721 AND an ERC-20. 🛎More factoids below:🛎 You can transact these on UNISWAP like a token, OR on NFT platforms like an NFT! Any action on chain affects the other side of the machine. Token side, nft side. The price of the token is the floor price of the NFT When BUYING the TOKEN, it mints random unique nfts into your wallet for each 1 token held. Fractions simply don't mint 1 into your wallet. When SELLING the TOKEN, it burns the NFT, they can be reminted later with a higher serial number when it's bought later When BUYING, SELLING, or TRANSFERRING the *NFT*, it KEEPS its unique traits, allowing you to hold them dear, to trade their BEAUTY and SPLENDOR for MORE! If you understand the explanation, you can see why it could be quite promising🧠 The LATEST iteration is #DN404 and is being utilized by our Sprotolady devs to be ahead of the game! Now, SPROTOS are among FIRST MOVERS on this new tech. I love to see it! Naysayers hold your breath, for the Egregore is in its vision. Good luck to the @Sprotolady team on this expedition into the unknown! 💚👽💚 CA: 0x46305B2eBcd92809d5fcEf577C20C28A185Af03c
I actually got in on SUDO in 2022 at the peak of the bear market season, tho I saw huge potentials. Sudoswap makes it easy to buy and sell NFTs in a decentralized manner with its liquidity protocol. Even as the market is showing signs of bull run I intend to add more of the token to my collections on MEXC.