The first hybrid NFT x Token on SEI
What is HYBRID?
We are combining NFTs with Tokens to create a new EGGsperience in trading your beloved NFTs.
Our chicken NFT will always be interchangeable with our $EGG token in a ratio of 1:800,000.
Benefits of our hybrid model:
1. Deflationary NFT: As more unique holders of $EGG onboard, fewer holders will be able to swap
back to the Chicken NFT, creating a supply crunch and increasing value.
2. Two-Way-Liquidity: We solve the whale-slippage problem with 0% royalties on our NFT. If you want to
sell a significant amount of your $EGG, simply swap to the Chicken NFT and sell it on the NFT
marketplace. Zero-Slippage-Zero-Trust-OTC just hybrid DEFI things!
3. Fractional Ownership of NFT: Want fractional exposure to chickegg? Just buy some $EGG tokens, and
you will benefit from the ups! Arbitrage Opportunities: As NFTs and Tokens are traded on separate
markets, creating opportunities for premiums on one side. This is perfect for traders. Traders can swap
to the NFT or Token wherever the premium is and get extra SEI by trading!
4. More to Come: We are not only building and delivering the HYBRID meta to SEI but also developing the
meta further by introducing new mechanisms that will enhance the HYBRID model. Stay tuned for more
updates!