Get Familiar with Fractionalized NFTs and More with Joël Hubert, Co-founder of NIFTEX - Ep. 33

CoinGecko Podcast - Bitcoin & Cryptocurrency Insights

In this episode, Bobby Ong, co-founder of CoinGecko is joined by Joël Hubert - Co-founder, NIFTEX. Bobby interviewed Joël on the background of NIFTEX, their updates for NIFTEX V2, their NFT bundle, as well as Joël’s advice for beginner NFT collectors.

[00:01:42] Intro
[00:02:38] What is NIFTEX?
[00:08:01] What happens to the fractionalized NFT when there’s a bid on it?
[00:19:09] Updates on NIFTEX V2
[00:27:00] Interesting stats on NIFTEX
[00:31:45] NIFTEX’s R64X NFT bundle
[00:41:02] Thoughts on NFT on Layer 1 chains
[00:44:08] Advice for beginner NFT collectors
Quotes from the episode:

“Coin Artist from Neon District, she fractionalized herself and you know, and she used this coin as like a community membership, proof of community membership.” [00:20:27]

“If Almace would have remained in one piece, we always say it might've traded a few times in the year and it might have done a few hundred ETH in volume. But then when we fractionalize Almace it did like a thousand ETH of volume in the first two, one or two weeks” [00:25:22]

“I think for beginners, they're going to be super confused with these fractions of NFT stuff. And so they just need to have a very solid foundation in NFTs themselves, so I would advise them to start with arts.” [00:44:47]

Watch the Podcast on YouTube
Links
NIFTEX - https://www.niftex.org/
CoinGecko - https://www.coingecko.com/
NIFTEX on CoinGecko - https://www.coingecko.com/en/exchanges/niftex
Social Media
NIFTEX:
https://twitter.com/NIFTEX

CoinGecko:
https://twitter.com/coingecko
https://t.me/coingecko