NFTs will be utility tokens enabled on the Blockparty platform. NFTs are designed as a decentralized protocol to build liquidity for specific types of digital assets known as non-fungible tokens (“NFT’s”). Collateral contracts should enable NFT sellers to offer their assets for a deferred exchange. During the extension period, miners can determine the price of the NFT index contract based on the comprehensive demand and supply of NFT, so as to discover the price before trading with the final buyer. In this way, the protocol is designed to enable trustless, transparent and frictionless pricing and exchange. NFT is an upgrade of the already existing Blockparty BOXX tokens.