Introducing Bridgesplit
Bridgesplit, is the platform to compose, launch, and exchange NFT derivatives on Solana.
Bridgesplit is enabling participation through derivative creation, accelerating price discovery and liquidity with unique financial mechanisms, and broadening the design space of projects through new mediums of discovery.
Bridgesplit will propel the construction and participation in new universes and experiences, ushering in a new paradigm of utility for NFTs.
They are now moving into a new era for NFTs as they evolve into the shared data layer for digital experiences and unique financial products. Projects like Axie Infinity and Loot Project have shown that crowdsourced, composable, and financial creation is upon them.
Many of today’s NFT platforms are burdened by low liquidity and high transaction costs. We’re capitalizing on Solana’s technology in conjunction with novel financial design (e.g. floor perps) to address this.
Introducing Bridgesplit
Bridgesplit is launching the infrastructure layer to create interoperability between NFT projects, their derivatives, and DeFi.
Bridgesplit’s core product offers a framework for developing NFT markets and utility. Collectors can build derivatives in the form of fractions, curated pool shares, tranched exposure tokens, and floor perpetual. These can be exchanged directly on Bridgesplit. Collection creators and DeFi protocols are then able to integrate their projects with the discovery marketplace to enable further composition and utilization of these new products.
Their first step is facilitating the creation and liquid exchange of fractionalized and pooled NFTs.
⏩ SOURCE
