ADVERTISEMENT
  • About Us
  • Advertisement
  • Buy Banner
  • Submit Press Release
  • Submit An Article
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Sitemap
  • Contact Us
Tuesday, July 5, 2022
Coinworldstory
  • HOME
  • CRYPTO
    • Guide
    • ICO
      • High Risk Ico Review Category
      • New ICO Review Listing
      • Scam ICO Review Categories
      • Silver ICO Review Listing Platform
      • Diamond ICO Review
      • Gold Ico Review Category
    • Coins
    • Airdrops
      • Featured Airdrops
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining + Cloud Mining Review Platform
    • BOTS
    • Buy Bitcoin
    • Crypto Faucets
  • Exchange
    • Centralized Exchange
    • Decentralized Exchange
    • Closed Exchange
  • DEFI
  • NEWS
    • Press Releases
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
  • Casinos
    • Certified Casinos
    • Bitcoin Casino
    • Blacklisted Casinos
  • Mega Menu
    • Menu 1
      • Forex Market
      • Ad Posting Jobs
      • Copy Paste Jobs
      • Currency Exchanger
      • Data Entry Jobs
      • Gpt Sites
    • Menu 1
      • Online Form Filling Jobs
      • Online Survey Jobs
      • Online Typing Jobs
      • Revenue Shares
      • SMS Sending Jobs
      • Payment Platform
    • Menu 2
      • Uncategorized
      • Reward Platform
      • Tools
      • Trading
      • Wallets
      • Web Hosting
    • Menu 3
      • Gpt Sites
      • Online Form Filling Jobs
      • Online Survey Jobs
      • Online Typing Jobs
      • Revenue Shares
      • SMS Sending Jobs
  • Affiliate
    • CBD Affiliate Program
    • Crypto Affiliate Program
    • Domains Affiliate Program
    • Email Affiliate Program
    • Fashion Affiliate Program
    • Finance Affiliate Program
    • Market Place Affiliate Program
    • Social Media Affiliate Program
    • Tools Affiliate Program
    • Travel Affiliate Program
    • VPN Affiliate Program
    • Web Hosting Affiliate Program
    • Affiliate Marketing
    • AFFILIATE NETWORKS
  • BUY CRYPTOWITH CRYPTOVOUCHER
No Result
View All Result
  • HOME
  • CRYPTO
    • Guide
    • ICO
      • High Risk Ico Review Category
      • New ICO Review Listing
      • Scam ICO Review Categories
      • Silver ICO Review Listing Platform
      • Diamond ICO Review
      • Gold Ico Review Category
    • Coins
    • Airdrops
      • Featured Airdrops
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining + Cloud Mining Review Platform
    • BOTS
    • Buy Bitcoin
    • Crypto Faucets
  • Exchange
    • Centralized Exchange
    • Decentralized Exchange
    • Closed Exchange
  • DEFI
  • NEWS
    • Press Releases
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
  • Casinos
    • Certified Casinos
    • Bitcoin Casino
    • Blacklisted Casinos
  • Mega Menu
    • Menu 1
      • Forex Market
      • Ad Posting Jobs
      • Copy Paste Jobs
      • Currency Exchanger
      • Data Entry Jobs
      • Gpt Sites
    • Menu 1
      • Online Form Filling Jobs
      • Online Survey Jobs
      • Online Typing Jobs
      • Revenue Shares
      • SMS Sending Jobs
      • Payment Platform
    • Menu 2
      • Uncategorized
      • Reward Platform
      • Tools
      • Trading
      • Wallets
      • Web Hosting
    • Menu 3
      • Gpt Sites
      • Online Form Filling Jobs
      • Online Survey Jobs
      • Online Typing Jobs
      • Revenue Shares
      • SMS Sending Jobs
  • Affiliate
    • CBD Affiliate Program
    • Crypto Affiliate Program
    • Domains Affiliate Program
    • Email Affiliate Program
    • Fashion Affiliate Program
    • Finance Affiliate Program
    • Market Place Affiliate Program
    • Social Media Affiliate Program
    • Tools Affiliate Program
    • Travel Affiliate Program
    • VPN Affiliate Program
    • Web Hosting Affiliate Program
    • Affiliate Marketing
    • AFFILIATE NETWORKS
  • BUY CRYPTOWITH CRYPTOVOUCHER
No Result
View All Result
Coinworldstory
No Result
View All Result
Home CryptoCurrencies

What Is Bridgesplit(BBI) ? Complete Guide & Review About Bridgesplit

Verna by Verna
May 27, 2022
in CryptoCurrencies
Reading Time: 6 mins read
A A
0
What Is Bridgesplit(BBI) ? Complete Guide & Review About Bridgesplit
Share on FacebookShare on TwitterShare On RedditShare On Telegram Share On LinkedinQr Code Of PostShare On WhatsAppEmail This Article

What Is Bridgesplit(BBI) ?

They are Bridgesplit. They have launched tokens already such as $DRGNZ, $DAOJONES, $SAC, etc. This is a curated index token! This is the decentralized finance stack for NFTs, unlocking billions of dollars in liquidity and new use cases for the asset class. Floor Indexes is a non-fungible token financial primitive introduced by Bridgesplit to create a novel liquidity option for collectors and collections. Floor Indexes are a layer of fungibility on top of fractionalization.

Fractionalization of an NFT is a valuable tool because selling partial ownership in an asset helps owners reduce risk and create some liquidity while maintaining some exposure. On the converse side, it offers users the ability to get exposure to assets that are otherwise out-of-budget. However, fractionalization alone carries challenges.

RelatedArticles

What Is 10mb(10MB)? Complete Guide & Review About 10mb

What Is 10mb(10MB)? Complete Guide & Review About 10mb

July 4, 2022
What Is Cards of BSC(COB)? Complete Guide & Review About Cards of BSC

What Is Cards of BSC(COB)? Complete Guide & Review About Cards of BSC

July 4, 2022

Questions around governance, utility, and pricing can make it a confusing or intimidating financial product for many users. Bridgesplit Coin leads to low volumes on fractionalized assets and a worse user experience. In practice, only assets coupled with significant marketing are good candidates for fractionalization. Even then, liquidity in those markets is not sustained.

Bridgesplit Coin Storage Key Points

Coin BasicInformation
Coin NameBridgesplit Coin
Short NameBBI
Max Supply 100,000
Total Supply100,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

BBI Price Live Data

The live Bridgesplit Brand Index price today is $0.340862 USD with a 24-hour trading volume of $10,938.88 USD. They update the BBI to USD price in real-time. Bridgesplit Brand Index is up 4.76% in the last 24 hours. The current CoinMarketCap ranking is #5323, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000 BBI coins.

If you would like to know where to buy Bridgesplit Brand Coin Index at the current rate, the top cryptocurrency exchange for trading in Brand Index stock is currently Raydium. You can find others listed on crypto exchanges page.

What it solves

Immediate liquidity for holders

Selling an NFT today, especially a high-value NFT, can take days if not weeks. Depositing to the index offers sellers immediate liquidity. DRAG can be immediately swapped for SOL in the AMM for holders who want their liquidity in SOL.

Liquidity option for holders of rarer NFTs

Protocols like NFTX demand holders swap their whole NFT for 1 token to represent the pool. This forces sellers of rarer or above-floor NFTs to sacrifice all added upside for immediate liquidity. With Floor Indexes, a seller may sell 20% of their asset at floor to get some liquidity but sell the whole asset later and still retain 80% of the upside.

Composable and liquid NFT exposure

By aggregating NFT liquidity and minting a fungible token which mechanics in place to track the value of the collection, Floor Indexes create a token with NFT exposure that can be used in other DeFi protocols. This enables new financial products like derivatives on top of these tokens.

Passive income on NFT exposure

Due to the composability and fungibility described above, holders of an index token can provide liquidity to the index token-SOL pool to receive trading fees as an LP. This creates the first DeFi passive income opportunity that can be earned with exposure to NFTs.

Blue-chip exposure at lower dollar cost

Bridgesplit Brand Coin Floor Indexes offer a solution for investors looking to get either lower-dollar or liquid exposure to the floor value of a collection.

Index Tokens

Index tokens represent the basket of fractions of assets from a collection and have different mechanics to facilitate 1000 index tokens trading at approximately the floor value for the collections. Index tokens can offer traders liquid and smaller-dollar exposure to the floor value of a collection.

Fractionalization

When fractionalizing an NFT, there are multiple customizable parameters, including:

  • Total supply : the number of fractions to split the NFT into. Collectors can hold as little of 0.01 fractions
  • Ticker: this is the symbol for the fractions that will appear on Phantom or sites like SolScan or CoinGecko (i.e $SOL for Solana)

Fraction Market Types

Bridgesplit Brand Coin with fractions of an NFT can initialized up a market to trade the fractions. There are two different types of markets that can be initialized, and both can exist at the same time. As a fraction holder you can provide liquidity to the AMM and earn fees or place orders on the orderbook. As a collector, you can purchase fractions from these markets which are visible directly on the vault page as long as the NFT has not been bought out.

AMM

Bridgesplit Raydium powered AMM enabled anyone to trade between SOL and fractions at a price automatically set by supply and demand. Read more about pricing on Raydium’s AMM here. An AMM is a swap-style market that enables users to instantly trade fractions for SOL. This type of market provides for an intuitive and familiar user experience. However, the initializer and liquidity providers must provide liquidity for both the fractions and SOL, which all initializers may not be able to afford.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

Tags: Bridgesplit CoinBridgesplit ReviewHow To Buy Bridgesplithttps://app.bridgesplit.com/
Share186Tweet116ShareShareShare33ScanSendSend
ADVERTISEMENT
Previous Post

What Is Cerestoken? Complete Guide & Review About Cerestoken

Next Post

What Is LeisureMeta(LM)? Complete Guide & Review About LeisureMeta

Verna

Verna

One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

Related Posts

What Is 10mb(10MB)? Complete Guide & Review About 10mb

What Is 10mb(10MB)? Complete Guide & Review About 10mb

July 4, 2022
What Is Cards of BSC(COB)? Complete Guide & Review About Cards of BSC

What Is Cards of BSC(COB)? Complete Guide & Review About Cards of BSC

July 4, 2022
What Is KROME Shares(KROME)? Complete Guide & Review About KROME Shares

What Is KROME Shares(KROME)? Complete Guide & Review About KROME Shares

July 4, 2022
What Is CashZone (CASHZ)? Complete Guide & Review About CashZone

What Is CashZone (CASHZ)? Complete Guide & Review About CashZone

July 4, 2022
Next Post
What Is LeisureMeta(LM)? Complete Guide & Review About LeisureMeta

What Is LeisureMeta(LM)? Complete Guide & Review About LeisureMeta

Leave Comment
ADVERTISEMENT
mido-finance.com

PRESS RELEASE .

Bitsliced, the revolution behind asset tokenization

July 4, 2022

Fintech-Ideas brings blockchain functionality to its range of platforms

July 3, 2022

Asset-Backed Token Raise to Support the Build of Algae Biomass Protein Farms

July 1, 2022

Blockchain Network Backed by Japanese Content Giant Launches to Build a Sustainable Metaverse Ecosystem

June 30, 2022
Advertisement

We Provide Review About Blockchain Technology , Crypto Products Review , Affiliate Marketing Review , DEFI , NFT At One Place.

Need Help Mail Us Directly Your Questions At - [email protected]

We Are On Social Media Connect With Us

Follow Us

LIVE PRICE

  • Bitcoin Live Price
  • Ethereum Live Price
  • Cardano Live Price
  • Binance Coin Live Price
  • Solana Live Price
  • RIPPLE LIVE PRICE

News Section

  • Press Release
  • Bitcoin News
  • Blockchain News
  • Exchange News
  • Breaking News
  • Government News

Important Pages

  • Contact Us
  • Advertise
  • Submit Topic
  • Disclaimer
  • Privacy Policy
  • DMCA
  • About Us
  • Advertisement
  • Buy Banner
  • Submit Press Release
  • Submit An Article
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Sitemap
  • Contact Us

© 2021 All Rights Reserved
Disclaimer - The information provided on this website 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. Coinworldstory does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. All the information on this website is published in good faith and for general information purpose only. https://coinworldstory.com does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website (https://coinworldstory.com), is strictly at your own risk. https://coinworldstory.com will not be liable for any losses and/or damages in connection with the use of our website.

No Result
View All Result
  • HOME
  • CRYPTO
    • Guide
    • ICO
      • High Risk Ico Review Category
      • New ICO Review Listing
      • Scam ICO Review Categories
      • Silver ICO Review Listing Platform
      • Diamond ICO Review
      • Gold Ico Review Category
    • Coins
    • Airdrops
      • Featured Airdrops
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining + Cloud Mining Review Platform
    • BOTS
    • Buy Bitcoin
    • Crypto Faucets
  • Exchange
    • Centralized Exchange
    • Decentralized Exchange
    • Closed Exchange
  • DEFI
  • NEWS
    • Press Releases
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
  • Casinos
    • Certified Casinos
    • Bitcoin Casino
    • Blacklisted Casinos
  • Mega Menu
    • Menu 1
      • Forex Market
      • Ad Posting Jobs
      • Copy Paste Jobs
      • Currency Exchanger
      • Data Entry Jobs
      • Gpt Sites
    • Menu 1
      • Online Form Filling Jobs
      • Online Survey Jobs
      • Online Typing Jobs
      • Revenue Shares
      • SMS Sending Jobs
      • Payment Platform
    • Menu 2
      • Uncategorized
      • Reward Platform
      • Tools
      • Trading
      • Wallets
      • Web Hosting
    • Menu 3
      • Gpt Sites
      • Online Form Filling Jobs
      • Online Survey Jobs
      • Online Typing Jobs
      • Revenue Shares
      • SMS Sending Jobs
  • Affiliate
    • CBD Affiliate Program
    • Crypto Affiliate Program
    • Domains Affiliate Program
    • Email Affiliate Program
    • Fashion Affiliate Program
    • Finance Affiliate Program
    • Market Place Affiliate Program
    • Social Media Affiliate Program
    • Tools Affiliate Program
    • Travel Affiliate Program
    • VPN Affiliate Program
    • Web Hosting Affiliate Program
    • Affiliate Marketing
    • AFFILIATE NETWORKS
  • BUY CRYPTO

© 2021 All Rights Reserved
Disclaimer - The information provided on this website 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. Coinworldstory does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. All the information on this website is published in good faith and for general information purpose only. https://coinworldstory.com does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website (https://coinworldstory.com), is strictly at your own risk. https://coinworldstory.com will not be liable for any losses and/or damages in connection with the use of our website.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.