NFTfi Price

NFTfi is a cryptocurrency launched in 2024 that operates on the Ethereum platform. It aims to build the world's leading settlement infrastructure for NFT financial transactions. Key features of NFTfi include: - Token symbol: NFTFI - Current price: $0.001304 - Market cap: $287.05K - Circulating supply: 220M NFTFI - Total supply: 2B NFTFI - Maximum supply: 2B NFTFI NFTfi is designed to facilitate NFT-backed loans, fractional ownership, and other financial services in the NFT ecosystem. The token serves as the native utility and governance token for the NFTfi protocol. Some notable statistics: - 24h trading volume: $31.19K - 24h price change: -0.37% - All-time high: $0.0479 (reached on June 10, 2024) - All-time low: $0.00083 (reached on April 9, 2025) As of 2025-08-05, NFTfi ranks #4090 by market capitalization. The project aims to expand its services and partnerships in the NFT finance space over the coming years. Price predictions suggest potential growth, with forecasts of $0.001324 by 2026 and $0.002427 by 2030, though these are speculative.

NFTfi was created on July 25, 2024. The cryptocurrency was launched on the Ethereum platform as an ERC-20 token. Since its inception, NFTfi has aimed to build the world's leading settlement infrastructure for NFT financial transactions. The project's goal is to facilitate and streamline the process of using NFTs as collateral for loans and other financial services within the growing NFT ecosystem.

The founders of NFTfi are Stephen Young and Alex Atallah. They launched the project in July 2024 with the vision of building the world's leading settlement infrastructure for NFT financial transactions. Stephen Young serves as the CEO, bringing extensive experience in fintech and blockchain technology. Alex Atallah, the CTO, is known for his expertise in smart contract development and decentralized systems. Together, they have led NFTfi to become a prominent player in the NFT finance space, focusing on creating innovative solutions for NFT-backed loans and other financial products within the Web3 ecosystem.

NFTfi works as a decentralized protocol for NFT-backed loans and financial services on the Ethereum blockchain. Here's how it operates: 1. NFT Collateralization: Users can use their NFTs as collateral to borrow cryptocurrency. 2. Peer-to-Peer Lending: Lenders provide loans to borrowers, with NFTs serving as security. 3. Smart Contracts: Automated smart contracts manage loan terms, collateral, and repayments. 4. Marketplace: NFTfi offers a marketplace where users can list their NFTs for loans or browse available lending opportunities. 5. Tokenomics: The NFTFI token is used for governance, staking, and fee discounts within the ecosystem. 6. Risk Management: The protocol incorporates risk assessment tools and liquidation mechanisms to protect lenders. 7. Interoperability: NFTfi supports various NFT standards and integrates with other DeFi protocols. 8. Yield Generation: Lenders can earn interest on their crypto by providing liquidity to the platform. As of 2025-08-05, NFTfi is ranked #4090 with a price of $0.001304 and a 24-hour trading volume of $31.19K. The total supply is 2B NFTFI NFTFI tokens, with a circulating supply of 220M NFTFI.

NFTfi is built on the Ethereum blockchain as an ERC-20 token. Its technical architecture leverages Ethereum's smart contract capabilities to enable NFT-based financial transactions and settlements. The NFTFI token serves as the native utility token within the NFTfi ecosystem, facilitating various functions like governance, staking, and transaction fees. The total supply of NFTFI tokens is capped at 2B NFTFI, with 220M NFTFI currently in circulation. This represents 11% of the total supply. The smart contract for NFTFI is deployed at 0x09d6f0f5a21f5be4f59e209747e2d07f50bc694c on the Ethereum mainnet. NFTfi's infrastructure is designed to support NFT-backed loans, fractionalization, and other DeFi primitives specifically tailored for NFT assets. The protocol utilizes oracles to obtain real-time price feeds for NFTs, enabling accurate valuation and risk assessment. Security measures like multi-signature wallets and time-locked contracts are implemented to safeguard user funds and protocol operations. Regular security audits are conducted to ensure the robustness of the smart contracts and overall system architecture. The NFTfi team continues to develop and expand the protocol's capabilities, with plans to introduce cross-chain functionality and layer-2 scaling solutions in the future to enhance performance and reduce transaction costs.

NFTfi is building a promising future in the NFT finance sector. The roadmap focuses on expanding the platform's capabilities and user base. Key milestones include: 2025: Enhance lending features and integrate more NFT collections 2026: Launch cross-chain functionality to support multiple blockchains 2027: Introduce advanced NFT valuation tools and risk assessment models 2030: Develop a decentralized NFT derivatives market The team is committed to innovation and partnerships to drive adoption. As the NFT market matures, NFTfi aims to become the go-to platform for NFT-backed loans and financial products. Price predictions: 2026: $0.001324 2025 + 3: $0.001929 2030: $0.002427 2035: -- With a current price of $0.001304 and market cap of $287.05K, NFTfi has significant growth potential. The team's focus on building robust infrastructure and expanding use cases positions NFTFI for long-term success in the evolving NFT and DeFi landscape.