Did you know that here on
@avax we have NFT collections backed by liquidity pools?
They're called 404s. Each time you buy a 404 token on a DEX you automatically receive an NFT in your wallet.
404s are flying under the radar for some reason, despite solving a massive problem with traditional NFTs - their lack of instant liquidity.
Since you can buy & sell the 404 NFT on a DEX it means that liquidity is instantly available. 404s are an important step towards digitising assets on chain, which
@el33th4xor has stated is important for the ecosystem.
@dogwifcrocs recently launched their 404 NFT collection and we just listed it on
@spotlight404 where you can see which are the NFTs you'll receive if you buy the token from
@LFJ_gg liquidity pool.
Some backstory,
@0xMoonbags introduced 404s to Avalanche with
@KINGSHIT_BRAND, and soon after
$SWOL @SwolBeach followed innovating the space with
@_TrueVoodoo's expansion packs where the 404 collections are ever evolving their art.
So much innovation & hopefully sooner rather than later we see appreciation for the 404 standard here on
@avax