What Is WeBuy(WE)
WeBuy Fractionization means splitting the ownership of an NFT into smaller fractions. This makes it possible for several people to collectively own a single NFT that is usually too expensive to purchase alone. As most high-profile NFTs usually sell for millions of dollars, group purchase via fractionization makes ownership of these NFTs more accessible and approachable.
Fractionization makes it possible for multiple people to own a single NFT together. As many high profile NFTs can easily cost up to millions of dollars, joint purchases through fractionization not only make it easier to own expensive NFTs but has the effect of providing liquidity to the NFT market.
WeBuy Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | WeBuy |
| Short Name | WE |
| Circulating Supply | N/A |
| Total Supply | N/A |
| 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 |
WE Price Live Data
The live WeBuy price today is $5.53 USD with a 24-hour trading volume of $4,393,035 USD. They update WE to USD price in real-time. This is up 4.29% in the last 24 hours. The current CoinMarketCap ranking is #2860, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy WeBuy Coin at the current rate, the top cryptocurrency exchanges for trading in stock are currently Huobi Global, and BitMart. You can find others listed on crypto exchanges page.
Valuation
One of the advantages of fractional is the ability to quickly assess the market value of NFTs. For example, if you want to know the value of your NFT, you can find out the value of your NFT in the market by dividing the NFT and proceeding with fractional sales.
Enhanced liquidity
Fractional NFT solves the liquidity problem. When selling expensive NFTs, there is a problem that the sale period can continue for a long time because only a small number of investors can afford the NFT, meaning the target market is limited. If the KIP-17 and ERC-721 NFTs you hold are separated into KIP-7 or ERC-20 tokens and sold partially, the NFTs will receive attention from the public rather than a small group of investors. This solves a significant part of the liquidity problem.
Democratization of Investment
WeBuy Coin is difficult for small investors to purchase NFTs through NFT auctions. In the case of NFT auctions, usually expensive pieces are sold, so only a small number of investors can purchase the asset. However, the advent of fractional NFTs has opened up more opportunities for small investors gathered into DAO in NFT markets that were previously only for a select few.
User-friendly platform
They focus on accessibility and aim to create a user-friendly platform. Please contact us through official@webuynft.xyz if you have any suggestions to improve platform.
WEBUY Features
FRACTIONIZATION
WeBuy lets users “split” their NFTs with just a click.
DAO
A DAO is where people with common interests gather to improve the ecosystem of a project or protocol. Investors of WeBuy will always have a voice to shape the future of WeBuy.
SWAP
You can sell fractions of the NFT you have or use the SWAP function to purchase the fractions of the NFT you want. Abundant liquidity makes it possible to buy and sell.
MULTI-CHAIN
WeBuy Coin aims to become a multi-chain platform that supports various mainnets. With the support and additional development of EVM-based chains, They will be a platform and service that encompasses the communities and projects of each chain.
WE TOKENOMICS
WeBuy native token, WE, is backed by tokenomics designed to capture value for the fractionized NFT community.
Governance
Fee Sharing
Staking
Service
WeBuy Coin platform provides Fractionization, DaoBuy, Staking, LP Farming, and Governance functions. These five functions are important elements that make up the flawless They ecosystem, and each of them provides an unprecedented service to users through interaction. We intend to provide additional rewards using non-fungible assets by providing the NFTFi function that combines NFT + DeFi beyond simple NFT ownership.
