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Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
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Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

tomi Unveils StableNFT Platform, Bringing Fixed-Value Pricing to the Asset Class

NewsBTC
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7 months ago
2 mins read

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In a move to reshape the NFT landscape, Web3 infrastructure project tomi has launched StableNFT, a platform that introduces predetermined asset values to ‘market-proof’ the asset class through fixed-value pricing. The launch marks a significant step toward addressing the persistent challenges of price volatility and limited liquidity that have plagued the NFT market since the 2022 crypto winter.

The platform’s innovative approach comes at a crucial time for the NFT sector, which has struggled to maintain mainstream appeal following its 2021 peak. By implementing fixed-value pricing and instant liquidity mechanisms, StableNFT aims to transform NFTs from purely speculative assets into practical digital instruments.

“While NFTs may not be in the crypto industry’s spotlight like they were in 2021, there is still a strong demand for them,” explains Ron Gal, GM at tomi. “With our new platform, we make NFT gifting practical. Since NFTs on StableNFT carry real financial value, recipients can keep the NFT as a sentimental memento or immediately sell it for a fixed value.”

The platform’s launch is part of a broader ecosystem play by tomi, as StableNFT will be integrated into the company’s forthcoming SUPER APP – a comprehensive Web3 gateway scheduled for release next year. This integration will enable unique features such as NFT gifting through chat functions, potentially opening new use cases for NFTs in social contexts.

What sets StableNFT apart is its smart contract-enabled instant liquidity feature, which allows users to sell NFTs without waiting for buyers – a significant departure from traditional NFT marketplaces where assets can remain illiquid for extended periods.

The platform emerges from tomi’s broader vision of a decentralized internet ecosystem, developed by a team of seven senior crypto veterans. By simplifying the onboarding process and user interface, StableNFT aims to attract both NFT newcomers and experienced collectors, potentially catalyzing wider adoption of digital collectibles in practical applications.

As the Web3 space continues to mature, tomi’s StableNFT platform represents a strategic attempt to evolve NFTs beyond their initial speculative nature into more practical, value-stable digital assets. The success of this approach could signal a new chapter in the NFT narrative, one focused on utility and stability rather than speculative gains.

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