What Is Niftyx Protocol (SHROOM)?

What Is Niftyx Protocol (SHROOM)? Complete Guide Review About Niftyx Protocol.

What Is Niftyx Protocol (SHROOM)?

Niftyx Protocol is building the infrastructure required to easily deploy and connect niche-focused global NFT markets ensuring a neutral playing field for creators, users and private firms. These terms of service constitute the entire agreement between the parties (together, the “Terms”). The use of the Niftyx website and the “Service” (together, the “Services”) is governed by these Terms.

By accessing, viewing or downloading information from this website and using the Services provided by the Niftyx Protocol website, you acknowledge that you have read and considered and understand our risk disclosure statement, and that you understand and agree unconditionally to be bound by these Terms. Niftyx may, at any time, without notice, amend the Terms. You agree to continue to be bound by any such amended Terms and that Niftyx has no obligation to notify you of such amendments.

Niftyx Protocol Storage Key Points

Coin BasicInformation
Coin NameNiftyx Protocol
Short NameSHROOM
Circulating Supply51,386,058.00 SHROOM
Total Supply65,557,424
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Open

Niftyx Protocol Protocols built on open source software and driven by a global community of developers and technologists. The regulatory environment concerning cryptocurrencies continues to develop. The application and interpretation of existing laws and regulations are often largely untested and there is a lack of certainty as to how they will be applied. New laws and regulations will be promulgated in the future that apply to blockchain technology and cryptocurrencies, and related services providers, and no assurance can be given that any such changes will not adversely affect cryptocurrencies generally or the Services.

Decentralised

Designed to fully operate as distributed system, standing on the shoulders of giants such as IPFS, OrbitDB or 0xMesh. The platform is using software in beta stage and has only undergone light audits by smart contracts engineers. Software bugs might be present that might cause the loss of all funds deposited in the smart contracts.

Interoperable

Future-proof system following current multi-chain Ethereum/EVM standards (ERC721, ERC1155, OpenSea metadata, etc). Niftyx Protocol are not offering or soliciting the use of your Services to any person located in any Restricted Jurisdiction or any other jurisdiction in which the specific use of your Services is not authorised or is otherwise prohibited by local laws.

Neutral

No firms, no VCs, no politics. Just dev tools and code as law. 100% community-owned and driven. Operating via a DAO model. By using the platform you acknowledge that this risk exists and that you are the sole responsible for engaging with your smart contracts in the Ethereum, Avalanche and Binance Smart Chain (BSC) blockchains. 

You are aware of the risks in using the Services provided by Niftyx Protocol and have the necessary experience and knowledge to understand the risks involved in relation to each Service provided by Niftyx. These risks include the high volatility risk of cryptocurrencies, and that you may lose all of the funds if the market moves against.

Performant

Niftyx Protocol Off-chain matching and on-chain settlement on high-throughput blockchains with up to 10,000 TPS and subsecond global finality. You acknowledge that the SHROOM token does not have any purpose, utility or value other than being a yield farming experiment within the decentralised finance (DeFi) space. SHROOM tokens were generated for free without any guarantee during the process of “staking” other tokens.

Niche-focused

NFT Markets built to cater the needs of specific industries, from gaming to real estate, and with focused communities and incentive systems. If you Niftyx Protocol engage in the trading or speculation of the token you understand that nothing guarantees its value and the operators of the Service cannot be hold liable for the losses that might arise in connection to your actions.