Universal Wrapper

Do you have NFTs in a collection that's no longer in use? With Universal Wrapper, you can convert your collection and NFTs into DN404. This way, you can reintegrate your DN404-converted NFTs as tokens in Dex applications.

The Universal Wrapper is a token transformer that enables the use of ERC-721 tokens as ERC-20 tokens within DeFi applications and marketplaces. Without sounding too technical, it transforms your traditional NFTs into ones that can be fractionally owned and traded just like standard tokens on DEXs. The Universal Wrapper transforms your ERC-721s into an optimized token standard with multiple use cases, DN-404.

Collections face issues as the floor price rises making it hard for newcomers to join the community. Turning your NFTs into DN-404s would allow people to participate in the action without having to buy a full NFT. Imagine you could only buy 1 BTC at a time? That would be crazy. Don’t let that be the case with your collection.

Do you have NFTs in a collection that's no longer in use? With Universal Wrapper, you can convert your collection and NFTs into DN404. This way, you can reintegrate your DN404-converted NFTs as tokens in Dex applications.

In liquidity pairs created with the wrapped NFT token, you can either swap with other tokens corresponding to your token to collect those tokens, or swap for additional DN404 tokens by trading more collection NFTs.

So, by converting your unused ERC721 NFTs into DN404 using Universal Wrapper, you can use your NFTs as ERC20 tokens in Dex applications, allowing you to trade them with other tokens.

Important Universal Wrapper is in Beta Due to the functionality of DN404s, you cannot guarantee which characteristics you'll get when selling or purchasing tokens on a DEX. Keep this in mind when wrapping NFTs with high rarity. Bit5 does not accept responsibility for loss of wrapped NFTs.