CryptoBuxx (www.CryptoBuxx.com), the blockchain industry’s first easy and affordable way to gift cryptocurrency using a physical gift certificate or card, is launching CryptoBuxx NFTs, a collection of asset-backed Non-Fungible Tokens (NFTs).
The NFTs in this collection are backed by specific amounts of cryptocurrency in the form of downloadable digital gift certificates. CrytpoBuxx’s asset-backed NFTs include a downloadable digital gift certificate that can be redeemed for the face value (the number of coins represented) of the NFT. This provides a clear floor value to the NFT, as the price of the NFT should never trade less than the value of the underlying cryptocurrency. Being asset-backed also provides significant upside potential as the price of the crypto increases over time.
The NFT program, dropping March 31, 2022, is an expansion of CryptoBuxx’s mission of “cryptocurrency for everyone” and is a significant addition to the CryptoBuxx cryptocurrency gift certificate offering, launched in December 2021.
CryptoBuxx NFT Collection
Each NFT purchased represents a specific crypto coin or token in a specific denomination and can be redeemed for the amount of cryptocurrency represented on the NFT. The collection can be accessed on https://opensea.io/collection/cryptobuxxnft or at CryptoBuxxNFT.com. The initial CryptoBuxx NFT collection is based on 11 coin/token designs, including such popular cryptos as Bitcoin, Ethereum, Cardano, Dogecoin, Shiba Inu, SafeMoon, SushiSwap, Polkadot, Happycoin, Axis Infinity, and Helium.
The price of the CryptoBuxx NFT collection will be set on the date of the launch and will be based on the cost of the underlying crypto and transaction costs.
For complete details visit https://www.CryptoBuxx.com.