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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Fracton Protocol Announced Top Holder In Multiple Blue-Chip NFT Collections

NewsBTC
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Last Updated: May 10, 2023 11:04 am
2 mins read

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●       Fracton Protocol announced it is now top holder in renowned NFT collections via fractionalization.

●       Fracton Protocol now holds top spots in blue-chip NFT collections like Doodles, Valhalla, and ENS 10K club.

●       The press release revealed that the KuCoin integration further expands the NFT holder base, despite the bearish market.

Fracton Protocol, a cutting-edge NFT infrastructure that focuses on fractionalization and accessibility, has announced that it has become the top holder in multiple renowned blue-chip NFT collections.

These collections include Doodles, Mfers, Valhalla, Genuine Undead, Renga, Fluf, and ENS 10k Club. The announcement marks a major milestone for Fracton Protocol in the NFT space, highlighting the importance of wider NFT adoption among the crypto community.

Moreover, the integration of the protocol with KuCoin serves as an effective strategy for expanding the NFT holder base and further establishing the importance of this innovative protocol.

In the press release, Fracton mentioned that despite the bearish NFT market that has negatively impacted numerous NFT projects and protocols, the protocol has impressively become the largest holder of seven highly sought-after NFT collections.

Additionally, the project’s rapid growth and impressive achievements, including a total value locked (TVL) that surged to over 7,000 ETH in under 10 months, further attest to its potential to reshape the NFT landscape.

Chido, Global Head of Community at Fracton Protocol, expressed his delight about becoming the top holder in multiple prestigious NFT collections, stating that it highlights the protocol’s commitment to supporting valuable digital assets and its influential role in the NFT ecosystem. He further added,

Our involvement brings increased visibility and liquidity to these projects, ultimately benefiting the entire NFT community and paving the way for future growth and success.

The published document highlights that Fracton Protocol continues to expand its reach in the NFT market and is focused on creating new opportunities for users to invest in high-quality NFTs while minimizing the risks associated with rug pulls and other threats. By securing its position as the top holder in multiple blue-chip NFT collections, Fracton Protocol reaffirms its status as a leading player in the quest for mass NFT adoption.

 

 

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