Exchange-Traded NFT Protocol Index
Fully on-chain, multi-NFT collection index that is fully collateralized by underlying
NFTs. The index will be facilitated through the use of an Oracle. Index tokens will be fully tradable and will also act as governance tokens for the management of the index.
Management of the asset composition of the Index will be conducted by a DAO made up of Index token holders. This enables investors to take direct control over their investment and simultaneously ensures that the index tracks collections based on feedback & input from the community.
Enables investors to ‘invest in the macro’ of the NFT market at the intercollection level.