4/29/2023 0 Comments Clone x nft![]() RTFKT uses the latest in game engines, NFT, blockchain authentication and augmented reality, combined with manufacturing expertise to create one of a kind sneakers and digital artifacts." The description on the website sums it up well, "W e are a creator led organisation. RTFKT is the company and team behind the hit PFP project, Clone X. Use this breakdown of the RTFKT, its history, three core NFT pillars, and roadmap to get a handle on everything going on in this ecosystem which has done more than $1 billion in revenue across the last two years, placing it squarely in the uppermost echelon of NFT teams and brands. But for those who are just exploring the ecosystem for the first time, it can be a bit overwhelming. That combination has been a foundation for success, while simultaneously a cause of stress for devoted holders. nClone X Index will automatically buy back 1 NFT from the collection, to ensure price consistency of the index.There may not be a harder NFT ecosystem to keep up with than RTFTK's Clone X ecosystem, particularly given RTFKT's grand visions, frequent updates, and cryptic messages. There will always be 5 Clone X NFTs in nClone X NFT Asset Basket. Users may access this link to check the corresponding NFTs’ details. NClone X Asset Basket Address: 0x4fFCD92bDE2124eB750Ed9BFce9f611f4D7Adde9 Redemption Sequence:Depending on the rarity of each NFTs, the lower rarity NFT will be swapped first, example as below:.Users are eligible to redeem an actual CLONE X - X TAKASHI MURAKAMI NFT with a holding position of 1,000,000 nClone X. ![]() How to redeem CLONE X - X TAKASHI MURAKAMI NFT ![]() If the floor price of the NFT rises significantly, users who bought into the NFT Index and satisfy the requirement to redeem 1 of the 5 NFTs in the asset basket can leverage their income by swapping their Index holdings for a full NFT which can be traded on Opensea. For example, Bored Ape Yacht Club's Apecoin DAO airdropped millions of Apecoins to BAYC and MAYC NFTs owners. Holders of nClone X are entitled to such rewards and the distribution amount for each holder will be based on their respective holding position. Users enjoy the same benefits if any airdrop rewards are being offered to holders of the actual NFT. Users who hold 1,000,000 units of nClone X can decide to exchange their holdings for a “ CLONE X - X TAKASHI MURAKAMI NFT” through the weekly open "redemption window” (Rarity will be ranked from N to SSR). By holding the nClone X index, users can subscribe to a part of the value of the underlying blue-chip NFT. Increased Liquidity: Lower barrier to entry to high-value NFTsĭue to the high unit price of these NFTs, the threshold for users to own a blue-chips NFT is high. Max Supply: 5,000,000 NCLONEX(Derived from an NFT asset basket consisting of 5 Clone X NFTs worth 20 ETH each, the approximate total net worth of the index is 308,750 USDT at the time of publishing this announcement). Users can exchange their index holdings for one of the 5 Clone X NFTs if they own a big enough proportion of the index. ![]() The index provides users an opportunity to trade high-quality blue-chips NFTs at a low-cost. NClone X index refers to an asset basket that consists of 5 Clone X NFTs which are worth 20 ETH each. ![]()
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