X2Y2

The primary goal of X2Y2 was to establish a decentralized, community-owned NFT marketplace that addressed the shortcomings of existing platforms by offering fair distribution of fees and enhanced trading features.

With the closure of the X2Y2 marketplace, active participation in its ecosystem is no longer possible. However, the team has indicated plans to develop new AI-driven decentralized financial tools, which may offer future opportunities for involvement.

X2Y2 set itself apart by implementing a community-centric model, distributing all market fees to token stakers, and providing real-time royalty payments to creators, fostering a more equitable NFT trading environment.

During its operation, X2Y2 prioritized security by developing its smart contracts, frontend, and backend independently, ensuring a robust and self-sufficient ecosystem for NFT trading.

The primary risks included market volatility and competition from other NFT platforms. The significant decline in trading volume and eventual closure highlight the challenges in maintaining user engagement and market share in the rapidly evolving NFT space.