Non-fungible Rights, or NFR, is a new asset class that allows users to buy, sell and mint the rights to use NFTs, including but not limited to collabs, derivatives, merch, renting and membership. After months of development, Capsid is excited to launch the MVP version of the 1st NFR marketplace: https://www.capsid.one. 

Wings, Capsid’s 1st NFT collection, consists of 1,000 unique wings that are composable, and owners are able to “sprout” them onto avatar NFTs.

WINGS, Capsid’s 1st NFT collection, consists of 1000 unique wings created by notable artists in the industry. WINGS are composable. Owners are able to “sprout” those wings onto avatars supported in this campaign.

NFTs gained explosive popularity. In 2022, OpenSea has over 1 million active users, with over 80 million NFTs available for trade and over $2 billion trading volume registered. Near-excessive supply, coupled with limited utility, is going to inflate NFT value and diminish the possibility of massive adoption.