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What is Refraction?

The Refraction is a collectively owned yet individually influenced NFT experiment. One NFT Artwork, assembled from 1 Master & 100 Layers. Sharded into 100 Tokens, connected to one Layer each. The Tokens are traded on a Decentralized Exchange (DEX) where the price of one token is determined by supply & demand on a bonding curve. Whenever a token is getting bought (or sold) on the DEX, one random layer is turned on (or off). The project is a collaboration between crypto artist, Sven Eberwein and DAOfi.

Full description of Refraction

The Refraction is a collectively owned yet individually influenced NFT (Non-Fungible Token) (?) experiment. One NFT Artwork, assembled from 1 Master & 100 Layers. Sharded into 100 Tokens, connected to one Layer each. The Tokens are traded on a Decentralized (?) Exchange (or Cryptocurrency exchange) (?) (DEX) where the price of one Token (?) is determined by supply & demand on a bonding curve. Whenever a token is getting bought (or sold) on the DEX, one random layer is turned on (or off). The project is a collaboration between Crypto (?) artist, Sven Eberwein and DAOfi.
  • Exchange symbol (?): REFRACTION
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS