4.1 XBRIK | NFT Brick Exchange Platform
XBRIK is an NFT brick exchange service platform implemented with Web 3.0 blockchain technology. Its main functions are NFT brick order book creation, NFT brick listing, and NFT brick trading brokerage. In addition to the exchange functions, XBRIK will provide a comprehensive interface to the NFT marketplace, a real-time disclosure data & evaluation portal, a quant trading advisory, a quant automatic trading, and other DeFi services.
Creating Order Books
XBRIK creates order books that enable quotation trading of bricks produced through NBRIK, an NFT brick publishing platform.
The order book refers to an electronic list of buy and sell orders for bricks organized by price level. An order book lists the number of shares being bid on or offered at each price point or market depth. It identifies the market participants behind the buy and sells orders. These lists help traders and improve market transparency.
Key Takeaways
• An order book is an electronic list of buy and sell orders for NFT bricks organized by price level.
• Order books are used by XBRIK, the NFT brick exchange, for various assets like artworks, gaming NFTs, real estate, cryptocurrencies, and even fiat assets.
• These lists help improve market transparency as they provide information on price, availability, depth of trade, and who initiates transactions.
• There are three parts to an order book: buy orders, sell orders, and order history.
There are three parts to an order book: buy orders, sell orders, and order history. Buy orders contain buyer information, including all the bids, the amount they wish to purchase, and the asking price. Sell orders resemble buy orders. Market histories show all transactions from the past.
The top of the book is where you'll find the highest bid and lowest ask prices at the top of the book. These point to the predominant market and expense needed to execute an order. The book is accompanied by a candlestick chart, which provides valuable information about the current and past state of the market.
The order book helps traders make more informed trading decisions. They can see which brokerages are buying or selling bricks and determine whether investors are driving market action. The order book also shows order imbalances that may provide clues to a brick’s direction in the concise term.
Listing Bricks
An NFT initial holder issues shares of its NFT for trading on the brick exchange. If a brick is listed on the XBRIK exchange, it has met the requirements of NBRIK’s brick publishing for selling shares to the public and has been accepted for trading on the XBRIK exchange.
Key Takeaways
• An NFT initial holder issues bricks to the public through the XBRIK exchange.
• However, the issuance of bricks based on the original NFT, the actual underlying asset, takes place on the NBRIK platform.
• Once issued, the bricks are bought and sold through the exchange.
The NFT initial holders list bricks on XBRIK to raise cash. The sale of bricks on the XBRIK open market is one of the fastest ways of making money. Listing on the XBRIK exchange gives the original NFT or the real underlying assets more than access to a piggy bank.
Best Brick Trading Platform
XBRIK is an excellent exchange for all investors to begin their investing journey in a decentralized market.
Based on The Vale of Real Assets
XBRIK provides an opportunity for value investment using original NFTs or equities as underlying assets.
Optimized for De-Fi
XBRIK independently creates order books and issue bricks that are instantly interoperable, which are primitive for trading financial products based on Web 3.0 blockchain.
Highly Secured
XBRIK comes to a COSMOS-based proof-of-stake consensus for secure transactions with instant finality. And XBRIK applies lightning-fast transmissions across parallel chains for dynamic scalability, and implements frictionless communication across sovereign blockchains for a seamless user experience.
Increasing Market Liquidity
XBRIK provides abundant liquidity to the market through leveraged brick issuance, IBO, and quote trading.
Various Revenue Streams
XBRIK guarantees transaction safety and minimum liquidation profits by signing trust contracts, storing underlying assets, and operating a margin system. And various revenue opportunities exist, such as IBO revenue, market profit, maturity liquidation revenue, royalties, and multiple rewards.
Low Fees
XBRIK vastly lowers fees for more inclusive financial products. This is possible because its system is a hybrid chain platform developed on the second layer.
Incidental Community
An additional and diversified community of original NFTs and NFT bricks and the market price prediction of NFTs are activated.
Last updated