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# /vip/ - Very Important Posts

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NFT20 is a brand new dex that provides liquidity for NFTs. NFT20 is a permissionless P2P protocol to tokenize NFTs and make them tradable on decentralized exchanges such as UniSwap.

It is the first mover and is now growing rapidly. It is only now starting to get attention, since the team focused first on providing a working platform. No marketing has been done yet.

Anyone with an NFT can create a new pool or add his NFT to an existing pool and get ERC20 Token derivatives of their NFTs in a permissionless way, those tokens can be transferred and traded on dexes right away.

SEE IT HERE : nft20.io

The native token for NFT20 is $MUSE. It was just voted to be the governance token for the NFT20 by the community. This project is flying under the radar for now, and the marketcap of$MUSE is only 1,5 million currently.

$Muse max supply is 1 million. There was no pre-sale or pre-mine.$Muse can be farmed by providing liquidity to different NFT20 token pairs. Only 500 \$MUSE are issued per day.

SEE ON UNISWAP:

https://app.uniswap.org/#/swap?inputCurrency=0xb6ca7399b4f9ca56fc27cbff44f4d2e4eef1fc81

SEE MUSE ON COINGECKO:

https://www.coingecko.com/en/coins/muse

There are no competitors with a similar product. The closest one is NFTX, which is an index fund for NFTs and is a 38 mil marketcap. NFT20, however, is an exchange for all NFTs and still only a marketcap of 1,5 mil. There are currently three NFT pools on NFT20 and more are on the way.

The team is ex consensus and have been extremely efficient and transparent in developing the protocol.

Discord - https://discord.gg/KJRV2ewbHs
Medium - https://verynifty.medium.com/