NFT ETF – hiPUNKS Will get Listed on KuCoin! World Premiere!

KuCoin is extraordinarily proud to announce a brand new NFT ETF coming to our buying and selling platform — hiPUNKS, powered by the Fracton Protocol. hiPUNKS(HIPUNKS) is now accessible on KuCoin. The buying and selling pair HIPUNKS/USDT might be supported.

Notice: hiPUNKS is ERC-20 token representing 1/1,000,000 possession of the goal CryptoPunks within the Meta-Swap pool of Fracton Protocol, aiming to launch NFT fractions’ liquidity additional.

Please be aware of the next schedule:

  1. Deposits : 10:00 on August 8, 2022 (UTC) (Supported Community: ERC20)
  2. Buying and selling: 10:00 on August 5, 2022 (UTC)
  3. Withdrawals: 10:00 on August 8, 2022 (UTC)

Tags:NFT ETF,Blue-Chip NFT

Preliminary Complete Provide: 6,000,000 HIPUNKS

Watch the deep dive into HIPUNKS: What’s NFT ETF?

HiPUNKS is a fraction token backed by CryptoPunks NFT. One HiPUNKS token represents 1/1,000,000 CryptoPunk in an on-chain Meta-swap pool working by Fracton Protocol. The circulating provide of HiPUNKS is the same as the full provide and primarily based on the precise quantity of CryptoPunks within the Meta-swap pool, which could be monitored by a public address-(0x7FEe302A14D6B945c0EB6dA9C4426c8D75d38a73). The NFTs within the Meta-swap pool may also be seen on Opensea: With a 100% reserve assure, customers can redeem a CryptoPunk from Fracton Protocol at any time. To study extra about Fracton Protocol, click on right here.

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Threat Warning: Investing in cryptocurrency is akin to being a enterprise capital investor. The cryptocurrency market is out there worldwide 24 x 7 for buying and selling with no market shut or open occasions. Please do your personal danger evaluation when deciding the best way to spend money on cryptocurrency and blockchain know-how. KuCoin makes an attempt to display screen all tokens earlier than they arrive to market, nonetheless, even with the perfect due diligence, there are nonetheless dangers when investing. KuCoin isn’t responsible for funding good points or losses.


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