Whitepaper & Tokenomics
The following subpages fully details the Neon Blend Token economy.
Last updated
The following subpages fully details the Neon Blend Token economy.
Last updated
The Neon Token is an asset on the WAXP blockchain. This asset is interchangeable between NFT as the Neon Blend Token () or $NEON as a fungible token asset (). One $NEON fungible token is equal to one Neon Blend Token NFT.
Users move between the NFT and FT through the “tokenizednft” smart contract designed by the CAIT Team (). Users send either one blend token NFT or one $NEON FT to tokenizednft and receive the counterpart asset.
The Neon Blend Token NFT is minted using derived from burning qualifying Neon Space NFT assets. This NFT is used as the primary ingredient for blending into new, limited and original artwork under the Neon Space collection.
The $NEON fungible token can be used to represent fractionalized ownership of the Neon Blend Token NFT up to four decimal places. It currently has the deepest liquidity on but this FT can be interacted with like any other fungible token asset across the WAXP blockchain.