In an industry first that will help deliver a more reliable measure of value to the see-sawing world of NFTs, CryptoBuxx is launching a collection of asset-backed Non-Fungible Tokens (NFTs).
CryptoBuxx NFTs are backed by specific amounts of cryptocurrency in the form of downloadable digital gift certificates.
This is the third offering from CryptoBuxx, which is focused on making cryptocurrency more accessible for the wider consumer base. Earlier offerings include cryptocurrency gift cards and gift certificates, available in digital and physical format options.
“The price of most of today’s NFTs are simply based on supply and demand,” said William Rice, Founder, and CEO of CryptoBuxx. “Often the typical NFTs value is based on who owns it as much as any other factor.
CryptoBuxx is introducing an asset-backed NFT collection that includes popular cryptocurrency as a way to create intrinsic value and allow its NFTs to grow in value over time as crypto prices increase.
CryptoBuxx NFTs also make sharing crypto with others easy, which is one of our key objectives.”
Each NFT purchased represents a specific crypto coin or token in a specific denomination and can be redeemed for the amount of cryptocurrency represented on the NFT. The collection can be accessed on Opensea or at CryptoBuxxNFT.
The initial CryptoBuxx NFT collection is based on 11 coin/token designs, including such popular cryptos as Bitcoin, Ethereum, Cardano, Dogecoin, Shiba Inu, SafeMoon, SushiSwap, Polkadot, Happycoin, Axis Infinity, and Helium.
Certificate Exchange, Inc. was founded in 2021 by financial industry expert William Rice to support the company’s mission of “cryptocurrency for everyone” with products that provide easy and secure entry to the crypto market.
Certificate Exchange offers CryptoBuxx Gift Cards and CryptoBuxx NFTs, innovative and industry-first products that make giving and buying the market’s leading cryptocurrencies seamless and affordable for first-time collectors and experts alike.
For complete details visit CryptoBuxx.com