DODO has always been committed to becoming the best liquidity provider on the chain. DODOEX provides pricing, issuance, pool building, trading, crowdfunding and other functions for standard assets. DODO NFT will open the door of non-standard asset liquidity, and use the PMM algorithm to provide new pricing and liquidity solutions for NFT.

The core problem in the current NFT market is the inefficiency of liquidity. The reason for the poor liquidity is the lack of an effective value discovery mechanism and an efficient trading market. Poor liquidity has made it difficult for ordinary people to participate in transactions in the NFT market, and many creators have not received the attention and income they deserve.

An effective NFT value discovery mechanism can greatly revitalize and lead the NFT market.

When the company has stocks, when NFT has fragments

Let's start with "stocks".

"Stock" is the fragmented pricing of the company. In the form of "stocks", the company has turned a large number of retail investors into investors. There is no need to buy a company to be optimistic about it, just buy the stock. The liquidity brought by the stock market enables the company to flourish, and the stock market value has also become the benchmark for company pricing.

So, can NFT own its own "stock"?

For an NFT or a group of NFTs (such as a series of works by a creator), or even several groups of NFTs (such as several NFTs containing different categories), it can also be priced in a similar way: break the NFT into fragments, and Create a secondary market.

Any influential individual or organization can capture market value with a low threshold by issuing NFT and fragmented tokens. Investors can obtain benefits and risks through trading and commission sharing; collectors who buy out all fragmented tokens can enjoy the same benefits as NFT owners; there will even be financial derivatives based on NFT fragments in the future.

Fragmentation is not enough, an efficient liquid market is also needed

The idea of ​​fragmentation was proposed a long time ago, but it has not been widely used. Because the real difficulty lies not in establishing a secondary market, but in obtaining sufficient liquidity. Whether it is market makers, AMMs, or second-pool mining, they cannot provide enough cheap liquidity. The PMM algorithm brought a turning point for this matter.

Compared with other liquidity mechanisms, either the pricing is bound to the amount of funds, or only supports a single price curve. In DODO NFT, you can actively set the initial price for fragmented tokens without spending 1 cent (except for gas fees) and without pledging any funds. You can also flexibly adjust the price curve, adjust the handicap and depth.

The core function of DODO NFT

Fragmentation of DODO NFT Vault

Pledge NFT (or multiple NFTs) to DODO NFT Vault, and DODO NFT Vault will automatically generate an ERC20 token contract. The owner of DODO NFT Vault can set the proportion of tokens entering the secondary market, and reserve the distribution of tokens to the primary market/creative team/community incentives. Owners of DODO NFT Vault can mortgage more NFTs into DODO NFT Vault in the future.

For example, I sent an NFT for Rei Ayanami. I mortgage this NFT to the DODO NFT Vault, and automatically get an ERC20 token. I can set the token name as FRAG, and the total supply is 10,000, which cannot be issued additionally. I set 15% of the tokens to be unlocked and released to the designated wallet address of Rei Ayanami's copyright company in a 1-year linear manner, and 85% will be directly entered into the DODO liquidity pool for circulation at a price of 1 US dollar = 1 FRAG. The price of FRAG rises and falls with the transaction.

Of course, I can also issue an NFT for each character of the EVA anime, and pledge this group of NFTs to the DODO NFT Vault.

Create liquidity pools and transactions at low cost

DODO NFT Vault will automatically establish DODO Trading Pool and mortgage all FRAG tokens entering the market. The initial price is defined by the owner of the DODO NFT Vault, and the sale of FRAG can begin. As traders buy, the FRAG price automatically increases. The market value of FRAG is the valuation of NFT.

Buyout of DODO NFT Vault (optional)

Since the fragments of DODO NFT Vault are already in circulation in the market, ordinary users can only purchase FRAG to enjoy the benefits of NFT price increases. If a collector wants to buy out DODO NFT Vault, he needs to pay the current NFT valuation immediately. The money will enter the DODO NFT Vault contract, and all NFTs contained in the DODO NFT Vault will be transferred to the collector.

At the same time, the parameters of DODO Trading Pool are adjusted to buy and sell FRAG at the price of FRAG at the time of transaction by collectors. From this point on, the price of FRAG will not change, and FRAG holders can withdraw at any time.

It is worth noting that the buyout of DODO NFT Vault is not a mandatory process. The creator of DODO NFT Vault can set a protection period to avoid the option of buyout, or even choose not to buy out DODO NFT Vault.

Go to [https://dodonft.io/] to see how DODO NFT works.

Design highlights of DODO NFT

DODO NFT Vault that accommodates diverse assets: In the DODO NFT Vault, creators can put any NFT, such as a piece of art, a VLOG video of a star; it can also be a set of rare game props, a singer's series of albums , A series of photobooks. By continuously adding assets to DODO NFT Vault, the value behind the entire DODO NFT Vault can be continuously improved, and even become the business card of an individual or organization.

The lowest-cost liquid market: The creator of DODO NFT Vault can create a market for fragmented tokens without any funds (except gas fees), allowing the market to directly determine the price of NFT.

Fee sharing mode: In the DODO Private Pool of DODO NFT, the fee sharing method in the pool is extremely flexible. In the subsequent design, it will be considered that the creators and traders of DODO NFT Vault will enjoy a share of the handling fee.

Highly scalable and composable: On the one hand, by fragmenting DODO NFT Vault into FT, FT can be freely traded through other exchanges such as DODOEX; at the same time, it can also be used in lending, derivatives and other scenarios . On the other hand, the DODO NFT protocol itself is highly scalable, and more financial use cases will be added in the future.

To be a digital currency business board for 100 million people

One step further into the real world!