The extended version of our 15-minute fundamentals interview with Quag from NFTX. In this interview, we break down NFTX's operating model and learn about the drivers behind the data you see on Token Terminal's charts. We discuss NFT liquidity, different staking options, the current fee model, creator royalties, launching on Arbitrum, Pudgy Penguins, the NFTX token, etc. Tune in for the latest on NFTX and the plans for its future.  

A novel use case not mentioned in the interview but worth noting is that NFTX provides users the ability to DCA or “save up” for an NFT and earn interest while doing it by staking the vault token. We'll speak about this in more detail with Quag in a future episode.

NFTX's Dashboard: https://tokenterminal.com/terminal/projects/nftx 

NFTX: https://nftx.io/

Twitter: https://twitter.com/NFTX_

Quag's Twitter: https://twitter.com/quagliero

Make sure to leave a comment if you have any questions 🙌

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Timestamps:

00:00 What is NFTX?

00:38 How does NFTX work?

01:45 The innovations introduced by NFTX 

05:12 How are NFT floor prices determined?

07:11 NFTX vs. Sudoswap

09:26 Integration with 0x

12:28 Current fee model on NFTX

18:02 NFTX on Arbitrum

19:20 Drivers and challenges related to growth

20:53 Community contribution to protocol development

22:47 Creator royalties

27:56 What's next for NFTX?

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The information provided in this episode does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Token Terminal does not recommend that any cryptocurrency or token should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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