NFT Index (NFTI)
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NFT Index current price is $542.19 with a marketcap of $1,209,173.00. Its price is 0.00% up in last 24 hours.
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What Is NFT Index?
To ensure the continuity of tokens in the NFT industry, the NFT Index was developed. Each token's circulating supply is taken into account while measuring the index's weight. Its objective is to keep track of Decentralized Finance initiatives that exhibit a dedication to continuous protection and upkeep.
What Is NFTI Crypto?
Wrapped tokens, synthetic assets, and tokens tethered to actual assets will be excluded from the index. There must be a reasonable amount of NFT liquidity on the ERC-20 token manager's platform for the token to be certified.
To keep track of tokens in the NFT ecosystem, the NFT Index was developed. Each token's circulating supply is taken into account while measuring the index's weight. The NFT Index attempts to keep track of Decentralized Finance NFT initiatives that exhibit a dedication to continuous development and restoration.