TL;DR Tribe3 is a gamified NFT futures exchange where users can trade NFT perpetual futures with leverage, engage in NFT tribe battles against others in the community and win in-game items to create personalized NFT avatars.

We love NFTs. The joy of finding the community that passes your vibe test. The adrenaline of trying to mint in the face of an epic gas war. The thrill of picking up gems early and seeing them moon.

That being said, even the most devoted degens would agree that there is a ton of inefficiencies in the current way we trade and speculate on NFTs.

Expensive, inflexible and illiquid

If you have ever bought an NFT, you must have experienced this:

1. high transaction fees (2–2.5% platform fees/5–10% royalties)
2. unaffordable floor price for iconic collections (not everyone got 20-100ETH to spare)
3. no simple way to hedge/short (not much you can do to profit from a collection that is getting rekt…)
4. no leverage
5. low liquidity above floor price (ever been stuck when you are trying to sell above floor price?)

for NFTs to reach its true potential in scale and liquidity as an asset, there’s got to be a better way to bet on NFTs. We need lower fees, more flexible execution (can both long / short with no minimum amount at anytime) and more capital efficiency (yes, that means leverage).

NFT Futures is the Natural Progression

Just like equities and crypto, we believe that introducing futures is the natural progression for the NFT space. Why?

Looking back at some of these epic moments, NFT futures could have come in handy….

1. After Azuki’s founder Zagabond was called out re: his questionable past in 3 previous NFT projects, Azuki’s floor price plunged from almost 30 ETH to <8 ETH. FUD was in the air. As an OG, you didn’t want to bail on the community and sell but you also know price would crash short term with all this FUD, if and only if there was a way to hedge the downside risk as the price crashed...
2. After BAYC had announced ApeCoin and you were hearing rumors of upcoming land sale - you knew BAYC would moon and wanted to go all in, but you only had 2 ETH and that’s not enough to buy 1 BAYC…..
3. The moment Moonbird flipped Azuki - as an Azuki holder, you were convinced that Moonbird was not worth the price tag and wanted to short it with vengeance

With Tribe3’s NFT perpetual floor price futures - you can bet on floor prices both ways with leverage at a fraction of the transaction fee at any amount. Simply put, futures is NFT trading on steroids.

“but trading futures sounds complicated and boring!!”

And this is where Tribe3 comes into the picture.

There is no place for a boring DEX in NFT land - introducing Tribe3

Tribe3 is a gamified NFT futures exchange that focuses on simplicity, identity, and community.

It is our belief that identity and community are the two key elements that define the NFT ecosystem we have all come to love. This is why on top of being a reliable and user-friendly NFT futures exchange, we are building a platform with a number of interactive NFT gaming and social features that would allow users to represent themselves through customized NFT avatars and to directly battle with one another in the community.

Here’s a sneak peek into the 3 keys features of the Tribe3 platform:

Trade: Use this simple and interactive trading platform to long / short NFT perpetual floor price futures with leverage at any amount while chatting with the community real-time

Build: Win in-game items and badges as you trade and use them to build your customized NFT avatar that represents your identity, style, preference and community allegiance as an NFT trader

Battle: Battle head on with other NFT tribes in the community in this side-bet feature where you can bet on the relative performance of 2 NFT collections over a certain time period

We are calling all NFT tribes to join us on this ambitious journey in building an interactive and gamified futures exchange for the NFT community - are you ready for take off? 🚀🌕

Want to learn more?

Be one of the first and help shape the future of the platform! Join us and learn more about Tribe3 on:

Website | Twitter | Discord