🐉NFT // TOKEN HYBRID

Welcome to the world of Titan Legends, a collection of 2,288 fire breathing dragon NFTS powered by Titan X on Ethereum.

What is a NFT // Token Hybrid?

Titan Legends revolutionizes the NFT landscape, merging NFTs and an ERC-20 token into one cohesive ecosystem.

Our innovative two-way escrow mechanism seamlessly integrates the NFT and token markets, creating a deflationary NFT with unique game theory dynamics. This allows you to seamlessly swap your NFTs for $LGNDX tokens and vice versa.

By tackling the NFT liquidity issue head-on, we've pioneered a solution that sets us apart in the crypto space.

We're not just innovating DeFi on Titan X; we're defining NFTs 2.0...

#BUILDONTITANX

Overview

Titan Legends introduces a novel NFT // TOKEN Hybrid model through an innovative two-way escrow mechanism which solves the problem of liquidity in the NFT space (much like Bozo Finance). This innovative mechanism allows users to lock their Titan Legends NFTs in exchange for LegendX ($LGNDX) tokens and vice versa, successfully blending generative art NFTs with the liquidity of an ERC-20 token. This not only creates a hyper-deflationary NFT collection, but also supports deflation in the $LGNDX token as users interact with the system. The model is designed to be played like a 4D Dungeons and Dragons module with a storyline to tie everything together.

Here are the main concepts that a user needs to know:

Claiming the Bounty

By locking NFTs in "The Battlefield" (our two-way NFT escrow swap contract), a user can claim $LGNDX tokens as a bounty for sending your dragon to battle. From the claim, 3% of the $LGNDX from the transaction is burned forever.

Paying the Ransom

To purchase an NFT from the Battlefield, you must pay a "Ransom" back to the Battlefield in the $LGNDX token. This payment includes the bounty amount plus a 3% premium. Once paid, the NFT will be transferred to your wallet. Similar to claiming a bounty, 3% of the $LGNDX from this transaction is burned forever. IMPORTANT: ANY USER IS ABLE TO PAY THE RANSOM AND CLAIM ANY NFT THEY WOULD LIKE TO PURCHASE OUT OF THE BATTLEFIELD AT ANY TIME. This means if there is a super rare NFT that another user had already claimed the tokens for, that a different user can come and purchase that same NFT for the "liquid floor price" from the Battlefield, further enhancing the game theory of the protocol.

NFT Points System

Each NFT is assigned specific points, determining the amount of $LGNDX tokens you can claim at any given time. This allocation varies based on the four different types of NFTs in the collection. Click here to learn more about the points system.

Freedom of Choice

NFT holders have the freedom to pick and choose which NFTs you want to lock in and purchase from the Battlefield, providing flexibility and control for users' participation.

Titan Legends Hybrid NFT Flywheel

The NFT//TOKEN HYBRID model brings a wealth of game theory into play, which you can read about here at the link below:

🎮Game Theory Concepts

Native NFT Marketplace

In addition to the NFT // TOKEN HYBRID model, we are thrilled to introduce a native NFT marketplace dedicated exclusively to all NFT projects within the TitanX Ecosystem. Within this marketplace, users will have the opportunity to transact using $TITANX (or ETH), providing a convenient medium for buying and selling NFTs. A 3% fee in $TITANX is charged on marketplace transactions will be used to buy and burn the $LGNDX token. Read more about the native marketplace & OTC trading by clicking here.