I have been working on a Powerpool NFT Index that provides exposure to the huge interest and potential in the NFT sector. NFTs are poised to capture trillions of dollars in market value from traditional markets. If we segment the current NFT market then the main sectors are: art, collectibles, physical goods, Defi for NFTs, and the meta-verse. In the future prominent sectors will expand to include music, documentation, and events.
- Enjin (32.1%)
- Decentraland (22.6%)
- Sandbox (12.2%)
- Rarible (10.3%)
- Lukso (7.5%)
- NFTX (6.2%)
- Superfarm (5.8%)
- Origin Protocol (3.3%)
11. Axie Infinity
The projects chosen are leaders, and considered blue chips, in the NFT field across different segments with enough liquidity across Uniswap and Sushi. The weight algorithm used for DAMM is
0.5MCAP + 0.5[SUSHI + UNISWAP VOLUME]
This algorithm balances the index based on liquidity across DEXes and market cap which better balances the composition.
The Index’s weights or composition may change if projects offer a boost to the index.
Please offer suggestions for the Index’s name!
Look forward to hearing the community’s thoughts!