Cryptex Finance, the DAO specializing in providing DeFi usersĀ exposure to the crypto market, announced today its new token JPEGz powered byĀ Chainlink Labs and CoinBase Cloud, during a keynote at Smartcon 2022 in New YorkĀ City. JPEGz will be an index token to give users exposure to the NFT market.Ā
Over the last year, the NFT Market has seen extreme success despite its volatility. InĀ August of 2021, it hit 200,000 sales at its peak. Additionally, Web2 companies haveĀ joined the market, leading the NFT Market Cap to $12B at its peak, and an urgency toĀ create an NFT Index. āToday becomes a groundbreaking point for Cryptex and ourĀ newfound ability to fully tokenize this unique asset class for crypto users worldwideā,Ā says Joe Sticco, CEO and Co-Founder of Cryptex Finance.Ā
Live minting and trading for JPEGz will launch in Q4 2022.Ā
ABOUT CRYPTEX FINANCEĀ
Cryptex Finance is focused on building innovative, open-source financial solutions forĀ the global crypto community. Founded in 2021 by Joe Sticco, Preston Van Loon, andĀ Thomas Matzner to create a market cap for the Crypto industry in a secure andĀ decentralized manner. Cryptex Finance provides traders in Web3 a real-time priceĀ exposure with a crypto market cap index token (TCAP) and a governance token (CTX),Ā powering the Cryptex Protocol for holders to vote on DAO proposals.Ā
Founders are available for interviews upon request.
For more information or any inquiry please contact: PĆa SĆ”nchez, pr@cryptex.finance
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