NFTX is a community-owned protocol and platform for creating ERC-20 tokens supported by irreplaceable tokens (NFT). Notably, NFTX provides support for fund creation and trading, tracking popular NFT collectibles like CryptoKitties, CypherPunks, and more.

Launched in early January 2021, NFTX aims to provide essential new services to the burgeoning NFT industry through project index. Although these tokens represent index funds, they are composable and fungible, meaning they can be interchangeable with other tokens, which distinguishes them from standard NFT protocols. These "funds" are actively traded on decentralized exchanges such as Sushiswap and Uniswap.

The unique value of the platform proposition is to showcase NFT to leading irreplaceable tokens like PUNK and AXIE on Uniswap and other DEX.