GNFT Price

GNFT (GNFT) is a cryptocurrency launched in 2021. It operates as a governance token for a decentralized indexing protocol that maintains crypto benchmarks across the NFT and Metaverse industries.

The protocol constructs and rebalances tokenized baskets representing curated NFT and Metaverse assets, solving the fragmentation that prevents passive exposure to these emerging markets. By synthesizing on-chain data and market signals, it distills a chaotic landscape into a single, tradable instrument. This aggregation eliminates the need for investors to pick individual volatile collectibles.

GNFT operates on the Polygon and Ethereum networks as a multi-chain ERC-20 token. Its smart contracts are deployed natively across both chains, enabling composability with the broader DeFi ecosystems of each.

The token adheres to the ERC-20 standard, with verified contract addresses on Ethereum (0xc502002aeb…) and Polygon (0xe58e8391ba…). It is built atop Set Protocol’s V2 infrastructure, a battle-tested framework for composing and rebalancing tokenized asset bundles. This architecture enables automated, trustless rebalancing of the underlying indexes according to predefined methodologies.

The project launched on April 7, 2021, under the stewardship of the Pro Blockchain community, without named individual founders. The governance token surfaced to empower decentralized administration over index parameters from day one. Its early focus honed in on codifying valuation models that could objectively weight digital collectibles and virtual land.

The long-term objective is to establish a transparent, decentralized barometer for the NFT economy, granting both retail and institutional capital a reliable gauge of sector performance. By decoupling from manual curation, the protocol aims to deliver unbiased, rules-based indices that reflect genuine market interest rather than hype cycles.

GNFT functions as the sole instrument for on-chain governance, conferring voting power over protocol parameters such as index inclusion criteria, rebalancing frequency, and fee structures. Each token equates to a direct voice in the systematic stewardship of the platform’s product suite, with no secondary utility diluting its purpose.

To propose a new index or modify an existing one, participants must hold and stake GNFT in the governance module, directly linking token custody to platform influence. Snapshot votes and on-chain execution are gated by token ownership, ensuring that only economically aligned stakeholders steer the protocol’s evolution. Without GNFT, a wallet cannot initiate or resolve any binding governance action.

GNFT has a total supply of 100,000 tokens. Currently, 0 are in circulation. With a market capitalization of $0, GNFT ranks #6,239 among all cryptocurrencies.