FUSE meaning in Cryptocurrency ?

Cryptocurrency Miscellaneous in Cryptocurrency . 2 months ago

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Niftyfuse is a platform that tries to solve the biggest problem in the NFT market: the inexistence of a max supply. Niftyfuse achieves this via a mechanism that allows people to fuse two NFTs into one. Users can fuse NFTs by burning two original NFTs and creating a new one that is the combination of the previous or by just creating the new combination without burning the previous ones. This option of burning or not burning the originals NFTs creates an imaginary NFT max supply that is not rigid but flexible. To avoid counter productive use of the platform users can only fuse NFTs that they hold. reference

Posted on 27 Oct 2024, this text provides information on Cryptocurrency related to Miscellaneous in Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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