MEXC Launches First NFT Index for Blue-Chip NFTs

MEXC Launches First NFT Index for Blue-Chip NFTs
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MEXC, a leading crypto exchange, has introduced the first-ever NFT Index, making blue-chip NFTs more accessible to everyday investors. This innovative product allows users to trade fractionalized shares of high-value NFT collections like Moonbirds and Doodles. The move comes as ETH prices rebound, but NFT valuations remain prohibitive for many.

  • MEXC's NFT Index divides high-value NFTs like Moonbirds into 10 million tradable shares, making them accessible at lower costs.
  • Index holders benefit from airdrops and secondary NFT sales, such as Moonbirds Oddities, proportional to their share.
  • The exchange plans to expand into Web 3.0 sub-tracks, including DeFi and GameFi, over a 4-year period.
Related Tags: Ethereum
Other Tags: Tether (USDT), Azuki, DAO, DeFi, MEXC, NFT
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