Use Case 2: Non-Fungible Tokens (NFTs)
The NFT use case for Layer One X (L1X) lies in its governance and activity fee-sharing mechanisms embedded within its NFT tiers.
Integration with NFT platforms would entail building scalable and interoperable NFT marketplaces and trading platforms on Layer One X. By leveraging Layer One X's infrastructure, NFT platforms can offer users cross-chain NFT trading and interoperability, expanding the reach of digital assets and increasing liquidity.
L1X App NFTs offer two tiers: Governance Tier and Activity Tier.The Governance Tier grants holders governance rights within the L1X App ecosystem, allowing them to influence decisions. The Activity Tier enables holders to share in the activity fees generated on the platform, fostering a sense of ownership and incentivizing participation in the ecosystem's growth. These NFTs empower users to shape the future of L1X while also providing opportunities for financial benefits through activity fee sharing.
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