NFTBomb is a liquidity service platform for non-standard assets listed on chain, linking real-world assets to make it more liquid, extending the mapping of NFT to the data part, and making solutions based on data storage, flow and value combined with IPFS , NFTBomb aims to find the basis for leveraging the non-homogeneous real world so that to create a sustainable solution that continuously improves NFT mapping.
NFTBomb provides the mapping of non-homogeneous digital assets, links and serves real-world decentralized financial platforms, as well as a decentralized trading place for NFT assets, namely NFTBomb=NFT+DeFi+DEX, which builds standardized protocols to connect diversification NFT assets and creates a more complete ecological environment for all NFT assets to become the infrastructure for blockchain technology to map the real world.
During the implementation of the project, NFTBomb defines each target stage as the INO protocol group, the NFT lending protocol group, the IPFS non-homogeneity protocol group, and the NFT transaction matching protocol group, etc., and according to these agreements, it builds the NFT application ecologies like one-stop solution to INO issuance and trading of NFT assets, DeFi lending of NFT assets, and Fragmentation of NFT assets circulation.
NFTBomb defines the INO model, which is to clarify assets into “artistic value” and “token value” via the NFT Fragmentation issuance. Anyone can lock an NFT asset on the chain and initiate an INO on NFTBomb. Users who have joined INO participate in crowd auctions by sending ETH to the contract, then they will obtain ownership, and enjoy fragment ownership and income rights according to proportion, as well as the mining rights of NFTB. The way user obtains partial ownership of the NFT assets via the fragmentation reduces the collection threshold of digital collections, and enhances Its liquidity gives new value at the same time, and also supports users to initiate buyout invitations, and redeem the complete NFT through pledge, acquisition, and voting.
NFTBomb proposes the NFT pledge lending function according to the NFT trading sector and market demand. And based on the pricing of NFT in the INO market, it combines with over-collateralization and other methods for risk control to match the borrowers and lenders with each other. After the borrower and lender finally confirm the loan amount, interest, and repayment method, it will be entered into the smart contract, then start mining at the same time as the asset mortgage, and to protect the interests of both borrowers and lenders, they also introduce third-party insurance.
KiDEX is a decentralized exchange that NFTBomb provides fragmentation circulation for all NFT assets on the platform. Fragmented Fragmentation of INO can be freely traded in KiDEX. NFTBomb introduces the concept of synthetic assets at different stages of INO, which means the fragmented assets generated via synthetic assets can also be circulated and exchanged in KiDEX.
NFTBomb proposed the Hunting function of NFT that allow users collect or participate in the original casting of NFT, they can also select interesting or popular NFT works based on the real-time popularity of NFT or users’ voting to carry INO directly on NFTBomb. It introduces AI intelligence to quickly match and intelligently recommend NFT works of interest to users according to their needs. It also adds the function of one-click initiating crowd auction to get asset circulated quickly on KiDex.
