As the realm of digital assets continues to evolve, hiFIDENZA emerges as a revolutionary player, blending the allure of art with the power of blockchain. Here, each hiFIDENZA token corresponds to a minuscule fraction of a Fidenza NFT, navigating the intricate world of meta-swap pools on the Fracton Protocol’s smart contracts. With its decentralized and permissionless nature, hiFIDENZA allows users to redeem Fidenza NFTs at a minimal fee, democratizing access to high-value digital art. Dive into how this NFTETF (Non-Fungible Token Exchange Traded Fund) token is setting new standards in the intersection of finance and art.
What Is hiFIDENZA?
hiFIDENZA is an innovative NFTETF token backed by the highly sought-after Fidenza NFTs. Each hiFIDENZA token represents 1/1,000,000 of a Fidenza NFT, held within an on-chain Fidenza Meta-swap pool. This pool operates autonomously on the Fracton Protocol's smart contracts, ensuring that no single entity has control over it. The permissionless nature of hiFIDENZA allows users to redeem Fidenza NFTs from their hiFIDENZA tokens with a minimal redemption fee of just 0.6%. This unique structure not only makes high-value digital art more accessible but also introduces a new way to invest in NFTs.
How Many hiFIDENZA Tokens Are There in Circulation?
The total supply of hiFIDENZA tokens is directly linked to the number of Fidenza NFTs in the meta-swap pool. There is no hard cap on the number of hiFIDENZA tokens; for every Fidenza NFT in the pool, 1,000,000 hiFIDENZA tokens are minted and put into circulation. This dynamic supply mechanism ensures that the availability of hiFIDENZA tokens scales with the underlying Fidenza NFTs, maintaining a stable and transparent relationship between the token and the asset it represents.
How Is the hiFIDENZA Network Secured?
hiFIDENZA is an Ethereum-based token, adhering to the ERC-20 standard. This means it benefits from the robust security features of the Ethereum blockchain. Ethereum's state machine secures hiFIDENZA, ensuring that all transactions and smart contract operations are executed reliably and transparently. The decentralized nature of Ethereum adds an additional layer of security, making hiFIDENZA a trustworthy option for investors looking to diversify their digital asset portfolios.
Where Can I Buy hiFIDENZA?
hiFIDENZA tokens are available on several prominent platforms, both decentralized and centralized. Some of the key exchanges where you can purchase hiFIDENZA include:
These platforms offer a seamless trading experience, allowing users to buy, sell, and trade hiFIDENZA tokens with ease. By listing on both decentralized and centralized exchanges, hiFIDENZA ensures broad accessibility and liquidity for its users.
Token Market Data
Understanding the market dynamics of hiFIDENZA is crucial for potential investors. Here are some key statistics:
- Current Price: $0.1304
- Market Cap: $391,075.53
- 24h Price Change: 0.81%
- 7d Price Change: 11.83%
- 30d Price Change: 17.44%
- 24h High: $0.1312
- 24h Low: $0.1286
- All-Time High: $1.6535 (2022-12-14)
- All-Time Low: $0.0676 (2022-11-21)
- Circulating Supply: 3,000,000.00
- Total Supply: 3,000,000.00
These figures provide a snapshot of hiFIDENZA's market performance, highlighting its potential for growth and stability in the NFT investment space.
The Future of NFT Investments with hiFIDENZA
hiFIDENZA is not just a token; it's a gateway to the future of NFT investments. By fractionalizing high-value digital art, hiFIDENZA makes it possible for a broader audience to participate in the NFT market. This democratization of access is a significant step forward, allowing more people to invest in and benefit from the growing digital art market.
Moreover, the integration of hiFIDENZA with the Fracton Protocol's smart contracts ensures a seamless and secure investment experience. The permissionless nature of the protocol means that users can redeem their Fidenza NFTs at any time, providing flexibility and control over their investments.
Conclusion
hiFIDENZA represents a new era in the world of NFT investments. By combining the allure of digital art with the power of blockchain technology, hiFIDENZA offers a unique and accessible investment opportunity. Whether you're a seasoned investor or new to the world of NFTs, hiFIDENZA provides a secure and transparent way to diversify your portfolio and participate in the growing digital art market.
With its innovative approach and robust security features, hiFIDENZA is poised to become a leading player in the NFT investment space. So, if you're looking to explore new investment opportunities and be part of the future of digital assets, hiFIDENZA is the token to watch.
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