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Fracton Protocol

Fracton Protocol FTPrice $ 0.243

Rank: 793

FT Price

0.243
0.06%
Price Range
LowHigh
$ 0.243$ 0.244

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Token

+1

Description

Fracton protocol provides permissionless liquidity and oracle for all kinds of NFTs.

Fracton Protocol (FT) Chart

Fracton Protocol price Index provides the latest FT price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

FT to USD Converter

Fracton Protocol (FT)FT

IEO

9 Aug 2022 — 11 Aug 2022

Raised

$ 600.00K

Price:

$ 0.200

ROI:

1.22x  +21.7%

Platform:

N/A

ATH ROI:

34.96x  +3,396%

FT Price Statistics

leaderboard

Market Cap

$ 21.30M

Fully diluted value

FDV

$ 24.35M

ATH Market Cap

$ 36.40M


Vol. (24h) / MCap

0.0917

Max Supply

FT 100,000,000

Total Supply

FT 100,000,000

Circulating Supply

FT 87.47M

(87.5% of Max Supply)


Next Unlock

FT 1.59M

(1.59% of Max Supply)

IEO ROI

21.7%

1.22x

IEO Price

$ 0.200

11 Aug 2022

All Time High

$ 6.99

28 Feb 2023


All Time Low

$ 0.242

9 Mar 2025


From ATH

96.5%

From ATL

0.79%
Trending Fracton Protocol Fiat Pairs

What is Fracton Protocol (FT)?

What is Fracton Protocol?

Fracton Protocol is a fractionalization trading platform for blue-chip NFTs. It enables efficient price discovery and equity distribution of NFTs by allowing users to buy, own, and trade fractionalized tokens in ERC-20 and ERC-1155 standards.

What is NFT Fractionalization?

NFT fractionalization refers to splitting a complete NFT into smaller pieces, thus allowing multiple people to gain partial ownership of the same NFT. Users can imagine NFT as a cake, and fractionalization is to cut up the complete cake for numerous people to enjoy.

How does Fracton work?

When you come to Fracton Protocol, you can join the open fundraising, which is the first step of the fractional process of the target NFT. After receiving your People’s NFTs (i.e., the ERC-1155 fractions), you can swap them for smaller pieces of ownership — the $FFTs (i.e., the ERC-20 tokens) — at a 1:1000 ratio.

If the fundraising round succeeds, Fracton Protocol will acquire the targeted NFT and deposit it into the treasury. Then, the fractions owners are allowed to redeem any NFTs with enough People’s NFTs instantly.

If the fundraising round fails, Fracton will use the funds raised to repurchase the accrued $FFT released in this round, ensuring the exchange rate is valid.

Meanwhile, fractions owners can trade $FFTs in DEX and cooperative CEX, seeking arbitrage opportunities.

Fracton Protocol Price Today

Fracton Protocol's current price is $ 0.243, it has increased +0.06% over the past 24 hours.

Fracton Protocol's All Time High (ATH) of $ 6.99 was reached on 28 Feb 2023, and is currently -96.5% down.

The current circulating supply of Fracton Protocol is 87.47 Million tokens, and the maximum supply of Fracton Protocol is 100.00 Million.

Fracton Protocol’s 24 hour trading volume is $ 1.95 Million.

Fracton Protocol's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 21.30 Million.

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