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Definition: X2Y2


One of the largest NFT marketplaces and the first NFT profit-sharing platform. Founded in February 2022 to compete with OpenSea, by July, X2Y2 surpassed OpenSea in weekly volume (see NFTGo). Designed for NFTs on Ethereum only, users who stake their X2Y2 tokens receive a proportional percentage of the fees for all NFT trades. Multiple NFTs can be listed or purchased as one transaction to save gas fees, and the rarity of items can be tracked. A secret NFT purchase capability is also expected. See NFT and crypto stats.