xNFT (Executable NFT)

An xNFT (executable NFT) is a new token standard on the Solana blockchain. It is tokenized code representing ownership rights over its execution. This means that developers can create apps that a user can add directly to their wallet. In essence, xNFTs are applications like on a mobile phone. These applications can be built directly into the digital assets that they represent, meaning holders can use the asset however they like within an application itself, without connecting to an external platform.

www.alchemy.com

Unlock Alpha

Signup for free and stay ahead of the market with key insights, data, and institutional-grade research from top crypto analysts.

Related research

Related media

Check the Chain - Solana Simplified

Ceteris

and

Jordan Yeakley, CFA

•

Apr 27, 2023

Watch now

Stream Delphi Media now:

View All media

Other Crypto Projects

Aave

Aave is a money market protocol that facilitates over-collateralized borrowing and lending of crypto...

THORChain

THORChain is a one-of-a-kind cross-chain DEX that offers native cross-chain swaps...

X2Y2

X2Y2 is an NFT marketplace originally forked from LooksRare that rewards traders and collectors for ...

dYdX

dYdX is an on-chain derivatives exchange built on crypto rails...

Frax Finance

Frax Finance is a DeFi protocol boasting a stablecoin, liquid staking, and various other financial p...

LooksRare

LooksRare is an NFT marketplace that rewards traders and collectors for using its platform...

Concepts

Institutional-Grade Crypto Research & Analysis

Top-tier firms & investors turn to Delphi Digital for unparalleled analysis of the digital asset market.