Introduction

Fungily is an NFT-Finance protocol that combines Decentralized Finance trading system with the current NFT trading system, fungily combines Defi mechanisms with NFT structure to build a working NFT-Fi which does not only solve the liquidity problem the NFT ecosystem suffers from, but also gives NFTs true price discovery with NFT presale which serves as the launchpad, NFT Swap (AMM) which we call LiquidNFTs and NFT Marketplace where its minimum listing is regulated by the AMM price, fungily provides true price discovery for NFTs created with her system. This also gives way for other Defi structures to be properly adopted by NFT ecosystem, structures such as lending and borrowing protocol where NFTs will be used as collateral, which works this time due to each collection price having backed by true liquidity and not speculations.