Crypto Gems

What Is KuCoin's 3rd Fractional NFT – Fractionalized ENS (hiENS4) & How to Participate?


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Here, we’ll introduce you to the 3rd KuCoin Fractional NFT – Fractionalized ENS (hiENS4).

hiENS4 is an ERC-20 token representing 1/1,000,000 ownership of one 4-digit ENS in the ENS4 Meta-Swap pool of Fracton Protocol.

Subscription Period: 10:00:00 on August 16, 2022 – 10:00:00 on August 18, 2022 (UTC)

Subscribe Now
https://www.kucoin.com/spot-nft/project/hiENS4/1/token?utm_source=KC-Tutorial

How to Participate
https://www.kucoin.com/news/en-fractionalized-ens-123-million-hiens4?utm_source=KC-Tutorial


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A bit of background
hiENS4 is an ERC-20 token representing 1/1,000,000 ownership of one 4-digit ENS in the ENS4 Meta-Swap pool of Fracton Protocol. For each 4-digit ENS added to the pool, the total supply of hiENS4 will increase by 1 million. In contrast, for each 4-digit ENS redeemed from the pool, the total supply of hiENS4 will decrease by 1 million.

Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. ENS domains provide a way for users to map human-readable names to blockchain and non-blockchain resources, like Ethereum addresses, IPFS hashes, or website URLs. ENS domains can be bought and sold on secondary markets.

Time Stamps
00:00 Intro
00:42 What is ENS Domains
01:45 What are ENS domains used for
02:25 What is the 10k Club and what are the 4 digit domains
03:30 HIENS4 details
04:22 Reasons for the HIENS4
05:49 Closing Thoughts

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~ What is KuCoin ~

About KuCoin
Launched in September 2017, KuCoin is a global cryptocurrency exchange https://www.kucoin.com/?utm_source=KC-Tutorial with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 20 million users in 207 countries and regions.

In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2021. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.

Disclaimer:
The content mentioned in this video is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.

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39 Comments

  1. And looking at it like this, it seems that the project is great, but it seems that something is missing, I don't know, let's see

  2. Among the benefits are an opportunity to be part of blue chip NFT's, being part of the 10k club and also been an early bird in having a deep understanding in NFT ETF market as a whole.

  3. The best ever explain about hiENS4 I have never seen before. ENS4 Meta-Swap will the main content in this. 1. This could help in the PRICE BARRIERS
    2. This is CENTRALIZED, so people can't get afraid of Trading
    3. Liquidity will play the main Role

  4. The project was executed in a very professional manner and had a clear development plan. This is one of the best projects of all, always I wish success to this project.

  5. Good project ever , I am very happy to be participating in this project. I hope this project will gain more popularity in the future

  6. ENS stands for Ethereum Name Service. It represents a decentralized identity. Compared with the traditional Internet domain name service, it is more user-friendly and convenient for individual users.

  7. thanks always for the informative video and it is really helpful for understanding new projects and cryptos.

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