What Is Bridgesplit Brand Index(BBI) Coin Review ?
Bridgesplit Brand Index The DeFi and NFT ecosystems exist in silos, causing $20B+ of value to sit idle in wallets. Bridgesplit is a protocol that enables everyday users and institutions to earn yield and get liquidity for non-fungible tokens via lending, indexes, fractionalization, derivatives and more. The protocol has a few core NFT products, with many more to be added in the coming months. Reach out if you’re interested in SDK access.
- 1.Fractionalization
- 2.Curated Indexes
- 3.Asset Leasing
- 4.Floor Indexes
- 5.NFT-Collateralized Lending (docs coming soon)
- 6.NFT derivatives (docs coming soon)
Bridgesplit Brand Index(BBI) Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Bridgesplit Brand Index |
| Short Name | (BBI) |
| Circulating Supply | N/A |
| Max Supply | 100,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
What it Solves
Immediate liquidity for holders
Bridgesplit Brand Index Selling an NFT today, especially a high-value NFT, can take days if not weeks. Depositing to the index offers sellers immediate liquidity. DRAG can be immediately swapped for SOL in the AMM for holders who want their liquidity in SOL.
Liquidity option for holders of rarer NFTs
Bridgesplit Brand Index Protocols like NFTX demand holders swap their whole NFT for 1 token to represent the pool. This forces sellers of rarer or above-floor NFTs to sacrifice all added upside for immediate liquidity. With Floor Indexes, a seller may sell 20% of their asset at floor to get some liquidity but sell the whole asset later and still retain 80% of the upside.
Composable and liquid NFT exposure
Bridgesplit Brand Index By aggregating NFT liquidity and minting a fungible token which mechanics in place to track the value of the collection, Floor Indexes create a token with NFT exposure that can be used in other DeFi protocols. This enables new financial products like derivatives on top of these tokens.
Passive income on NFT exposure
Bridgesplit Brand Index Due to the composability and fungibility described above, holders of an index token can provide liquidity to the index token-SOL pool to receive trading fees as an LP. This creates the first DeFi passive income opportunity that can be earned with exposure to NFTs.
Blue-chip exposure at lower dollar cost
Bridgesplit Brand Index Floor Indexes offer a solution for investors looking to get either lower-dollar or liquid exposure to the floor value of a collection.
Mechanics
Bridgesplit Brand Index A Floor Index has 0 tokens to start and mints 1,000 tokens for every deposited asset. Deposited assets are fractionalized prior to deposit, therefore only a full kilo-asset will mint 1,000 index tokens. Users can also deposit a portion of their dragon, receiving a proportional share of index tokens.
Bridgesplit Brand Index Index tokens may also be acquired by purchasing shares for SOL on the open market. Index tokens may be swapped for any individual asset fractions backing the index. This is the only way to acquire the underlying shares of the specific asset.
Background
Bridgesplit Brand Index Fractionalization is currently open to whitelisted projects. To include your collection in the whitelisted project list, DM us. is a product by Bridgesplit that enables users to fractionalize an NFT and trade fractions of that NFT on a market powered by Raydium and Serum. Fraction owners can also vote on the buyout and buyout price of the fractionalized asset. Fraction owners can also provide liquidity to the market, earning yield from trading fees.
Fractionalization — or the transformation of a non-fungible asset into fungible assets is a core piece of infrastructure to enable the composability of NFTs and DeFi. For owners of popular or expensive assets, fractionalization enables the ability to (1) free up liquidity and (2) maintain upside. For fraction collectors, fractional ownership may be the only affordable exposure to top assets. Top collections may also be interested in fractionalize an asset to expan a community from 10,000 to 100,000.