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Oceidon Expands NFT Utility Into Decentralised Finance (DeFi)

-Oceidon Corporation is pleased to announce the integration of the OBLOX utility token with its Gen 1 Oceidon Blox Meta NFT collection. Continuing its industry leading innovation, Oceidon’s Gen 1 Meta NFT holders will now enjoy an automatic transaction fee discount on DEX trades of OBLOX utility tokens.

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“Critics often say that NFTs are fancy but ultimately useless images. These critics fail to see the broader implication of having the ability to include complex mechanisms within an NFT smart contract”

Oceidon’s proprietary solution conducts a real time one-way check of a customer’s crypto wallet for the presence of Oceidon Blox Meta NFTs and based on the result applies a set transaction fee discount, all within one OBLOX DEX transaction.

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Oceidon’s solution ushers in the next evolution of utility NFTs, by packaging a tangible use case for holding select NFTs in one’s collection.

“Critics often say that NFTs are fancy but ultimately useless images. These critics fail to see the broader implication of having the ability to include complex mechanisms within an NFT smart contract,” says Jack Krosinski, one of the 3 co-founders of Oceidon.

Krosinski adds, “An NFT is a convenient, freely transferable digital package that can bestow its holders with real world tangible benefits. I foresee an ever-growing adoption of utility NFTs by brands and corporate entities alike, and we at Oceidon are happy to help them bring those projects to life.”

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