Bliv.Club announces its NFT perpetual DEX “SuperNova”
Bliv.Club, a company that specializes in NFT financial technology, has announced the establishment of Supernova, a perpetual index designed to track the performance of blue-chip NFTs.
Futures DEX tracking blue-chip NFT projects
A statement from the company said that the DEX (decentralized exchange) is a floor-priced futures platform. The NFT fintech startup has set up an order book for its decentralized exchange creating a new avenue for collectors to explore more opportunities in the NFT market.
The update said that Supernova tracks the performance of top NFT brands, giving users rare insight into their performance and prospects within specific timeframes.
Bliv.Club covers some of the top blue-chip NFTs such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Clonex, Azuki, and Doodles.
The objective of the founders is to create a DEX that gives investors and collectors exposure to a variety of digital assets associated with top NFT companies. While commenting on the futures platform, Vikas Singh, the co-founder and CEO of Bliv.Club said:
“Bliv.club’s SuperNova aims to provide a platform to gain exposure to an assorted basket of blue-chip NFTs. I believe our index includes some projects in the NFT space, allowing anyone to invest with minimal capital and the ability to go long or short on these NFT collections.”
Transforming the perception of ownership
The CEO added that there are specific types of users that the platform is meant to serve. The first are people who want to invest in the NFT space but have been hampered by the unavailability of reproducible data that could enable them to make informed decisions. It is also meant for those seeking to hedge their risks through carefully selected portfolios despite their understanding of the intricacies of the NFT market.
The statement further stated that the platform would also serve the needs of users who anticipate that NFTs will become an asset class in the future.
The team behind the futures DEX for NFTs, Supernova, said they’re of the opinion that NFTs are capable of transforming the perception of ownership, art, and collectibles. The project seeks to make the technology and its benefits available to all in an easy-to-understand and secure manner.
NFT selection criteria
In regards to the criteria used to list NFTs, Bliv.Club said that emphasis is laid on security, volume, and the community. Users of the protocol can be safe knowing the authenticity of the NFT assets.
To ensure that only reliable projects are supported, the platform tracks NFTs that have been around for a minimum of one year. A statement from Bliv.Club said:
“We look at thoroughly audited projects that operate at the highest level of safety and security. Currently, our index only tracks NFTs built on top of Ethereum.”
It further emphasized that projects tracked are those that have sold a minimum of 10,000 ETH in volume with minimal wash trading issues.