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What is Capsid? Things to know about the Capsid . project
- What is Capsid?
- Capsid's mechanism of action
- The Capsid . difference
- Development roadmap
- Development team
- Investor
- Tokenomics
- summary
What is Capsid?
We have seen the full explosion of NFT ( Non-fungible Token ) in 2021. This is evidenced by the figures recorded by OpenSea . Accordingly, the NFT transaction volume on OpenSea has reached US$3.4 billion in August 2021. The speed of NFT projects is increasing and quickly attracting investors who like to speculate in NFT assets. However, the application of NFT is not much and popular. With the advent of Capsid, the project will create many new use cases for NFT.
Capsid is an NFT Derivatives protocol that allows NFT holders to profit through the protocol without losing their ownership of the NFT.
Capsid introduces people to a new concept called Non-Fungible Rights (NFR). This term was created with the aim of creating more utilities for NFT.
In addition, Capsid also acts as a platform, providing Tools and APIs to help Developers easily develop Dapps.
Capsid's mechanism of action
Capsid will work in 3 steps:
- Step 1: Users will proceed to create NFR by combining NFT and Avatar NFT. We can imagine this is a background image with the purpose of making NFT more beautiful. Then the user earns a profit if the project has revenue.
- Step 2: Capsid Protocol provides Tools and APIs for the purpose of making it easier for Developers to build Dapps.
- Step 3: Developers use Tools, Dapp building API to create many utilities for NFR. This means that Dapps built on Capsid's infrastructure are the "main characters" creating utilities around NFR.
The Capsid . difference
Capsid is a collection of Dapps that create utilities for NFT. It offers a refreshing solution for NFT, making it possible for NFT holders to earn passive profits through the platform.
Besides being a platform to provide infrastructure, Capsid also develops an NFR Marketplace product that makes it easy for people to buy, sell and exchange NFRs instead of conventional NFTs.
Development roadmap
The project is currently in the testing phase and has not yet been fully disclosed. TraderH4 team will update after official information from the project.
Development team
Currently, information about the team behind Capsid has not been revealed specifically, the TraderH4 team will update after the project is announced.
Investor
On August 1, 2022, the project successfully raised 3 million USD in Seed Round with the participation of investment funds such as Distributed Global, SpringWind, Xoogler Ventures, Mask Networks, Web3 Venture along with the The participation of some angel investors are executives and former directors from Binance, Huobi Global…
Tokenomics
The project has not released tokens yet, so this could be your chance to experience the project and receive an Airdrop in the future.
summary
Above is some information about Capsid and Tokenomics projects. This is a project with a new idea, but the project has not received much attention from the investor community. If you are interested in this project, you can follow more social networking sites such as:
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