🍏Introduce

Flip is an NFT liquidity solution and a platform for NFT issuance and trading. Its innovation lies in introducing the Bonding Curve Algorithm to achieve intelligent pricing. The minting price starts from a baseline and dynamically adjusts as minting volume increases, up to a preset cap. Project creators have no reserved rights and must participate in purchases on equal terms with regular users. This ensures prices are market-driven while incentivizing creators to continuously add value to the project through a royalty mechanism.Flip’s innovation centers on its instant liquidity mechanism. Users can buy or sell NFTs at any time via smart contracts, with all sold NFTs entering a trading pool, eliminating the need for traditional orderbook processes. Both buying and selling prices are intelligently determined by the Bonding Curve Algorithm, significantly improving transaction efficiency.Based on a direct interaction mechanism via smart contracts, users do not need to rely on centralized trading platforms, enhancing liquidity and eliminating platform risks.Additionally, Flip is integrating the ZetaChain cross-chain solution, which currently supports NFT cross-chain interactions between networks like BSC, Base, and Polygon, with plans to expand to more EVM-compatible chains. Flip is also actively promoting the adoption of the Superchain-ERC721 standard, aiming to enable seamless cross-chain NFT experiences within the SuperChain ecosystem in the future.In summary, Flip addresses the core pain points of the NFT market through three innovative mechanisms:

• Intelligent Pricing: The Bonding Curve mechanism ensures liquidity and price stability.

• Sustainable Incentives: Innovative issuance and royalty mechanisms promote healthy ecosystem development.

• Cross-chain Interoperability: Breaks down ecosystem silos, expanding NFT use cases.

Core Issues

Since the inception of the NFT concept, the innovative form of issuing digital artworks on the blockchain has garnered unprecedented attention. Despite once sparking an investment frenzy, the NFT market currently faces severe liquidity challenges.The current lack of NFT liquidity is primarily reflected in the following three aspects:

• Cross-chain Limitations: The EVM ecosystem lacks mature ERC-721 cross-chain solutions, restricting NFT circulation and use cases in rapidly developing Layer 2 (L2) ecosystems.

• Inefficient Trading: Under traditional orderbook models, low-liquidity NFTs struggle to be sold in a timely manner, forcing holders to continuously lower prices, severely impacting asset value.

• Ecosystem Sustainability Issues: Project creators profit from reserved NFTs but lack motivation to maintain projects, leading to declining project quality and frequent rug pull incidents. Additionally, royalty disputes negatively affect ecosystem health.

Although the industry has introduced innovative solutions such as NFT fragmentation, NFTFi, and Blur, these attempts have not fundamentally resolved the liquidity problem.

Solution

Against the backdrop of the aforementioned NFT liquidity depletion, Flip emerges as a revolutionary NFT liquidity solution.Flip adopts an innovative ERC721-based standard, introducing the Bonding Curve algorithm for intelligent pricing. The NFT minting price starts from a baseline and dynamically adjusts with the increase in minting volume until it reaches a preset cap. Project parties have no reserved rights and must participate in purchases on equal terms with regular users. This ensures that prices are market-driven while incentivizing creators to continuously add value to the project through a royalty mechanism.Another innovation of Flip lies in its instant liquidity mechanism. Users can buy or sell NFTs at any time through smart contracts, with all sold NFTs entering a trading pool, eliminating the need for traditional order listing processes. Both buying and selling prices are intelligently determined by the Bonding Curve algorithm, significantly enhancing transaction efficiency.Based on a direct interaction mechanism via smart contracts, users no longer need to rely on centralized trading platforms, which improves liquidity and eliminates platform risks.Furthermore, Flip is integrating ZetaChain’s cross-chain solution, currently supporting NFT cross-chain interactions between networks such as BSC, Base, and Polygon, with plans to expand to more EVM-compatible chains in the future.In summary, Flip addresses the core pain points of the NFT market through three innovative mechanisms:

• Cross-Chain Interoperability - Breaking ecosystem silos and expanding application scenarios.

• Intelligent Pricing - The Bonding Curve mechanism ensures liquidity and price stability.

• Sustainable Incentives - Innovative issuance and royalty mechanisms promote healthy ecosystem development.