- NNFTs enable seamless conversion between tokens and NFTs, enhancing ownership flexibility and liquidity in the gaming and DeFi sectors.
- Fractional NFTs democratize access to high-value digital assets, improving liquidity and fostering community-driven investment decisions.
A new wave of digital assets is arising, with NNFTs (Native NFTs) leading the charge in the evolution of tokenization, gaming, and decentralized finance (DeFi). Inspired by the ERC-404 standard, NNFTs offer a simple way to convert tokens into NFTs and vice versa, allowing new models in digital ownership, gameplay, and DeFi protocols.
This hybrid approach is set to transform industries by offering higher liquidity, ownership flexibility, and new ways to interact with assets.
NNFTs: The Next Evolution in Tokenization
A new standard is emerging—NNFTs (Native NFTs)—inspired by ERC-404, enabling tokens to seamlessly convert into NFTs and vice versa. This hybrid approach is unlocking new gaming, DeFi, and ownership models like never before.
Gaming –… pic.twitter.com/4natX3mLnD
— Shibarium Updates
(@Shibizens) March 8, 2025
NNFTs introduce a new fusion of tokens and NFTs, enabling digital assets to function as tokens and non-fungible items. This adaptability allows users to easily convert their tokens into NFTs for ownership and trading, opening up new opportunities for creators, players, and investors.
In gaming, the introduction of NNFTs can change in-game asset ownership. Players can now earn assets in the form of tokens and convert them into NFTs to achieve true ownership. This shift allows gamers to trade or sell their assets outside the game environment, enhancing the player experience and creating a more immersive digital economy.
DeFi protocols are also benefiting from NNFTs. By including NFTs in liquidity pools, NNFTs enable the division of positions, offering greater flexibility in yield strategies. NFT-based liquidity positions, previously static, can now shift as they transition seamlessly between tokenized and non-tokenized forms.
Fractional NFTs: A New Ownership Model
Fractional NFTs are adding another layer of accessibility to the digital asset space. These fresh assets allow multiple users to own a fraction of a single NFT, making high-value digital items more accessible to a wider audience.
The fractional ownership model also enhances liquidity in the NFT market. Owners can trade fractions of NFTs on various platforms, making buying, selling, or exchanging parts of high-value assets easier.
This rising market for fractional NFTs builds a sense of community among owners, allowing them to collaborate on investment decisions and creating new opportunities for collective ownership.
Dynamic NFTs: A Step Further in Digital Asset Evolution
Dynamic NFTs are the next step in the evolution of digital ownership. Unlike traditional static NFTs, dynamic NFTs shift based on specific events or actions the owner takes. This feature allows the token to change over time, making it a more interactive and engaging asset for its users.
An example of dynamic NFTs is the Bored Ape Yacht Club (BAYC), where owners can modify their apes by applying serums, creating unique mutated versions. This adaptation adds value and rarity to the NFTs, making them more desirable in the market. As dynamic NFTs change, they are expected to play a role in various sectors, from gaming to social media.
Shiba Inu’s Current Market Performance
The Shiba Inu (SHIB) token is currently experiencing a slight downturn, with its price decreasing by 4.57% over the last 24 hours. Currently, SHIB is trading at $0.00001294, with a market capitalization of $7.62 billion. The 24-hour trading volume has also dropped by 12.83%, reflecting lower market activity.
Despite the recent decline in SHIB’s price, the token remains a significant player in the crypto market, with a circulating supply of approximately 589.25 trillion tokens. The fully diluted valuation matches the market cap at $7.62 billion, and the volume-to-market capitalization ratio is at 3.46%, indicating moderate market engagement.
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