How does Omura work?

Omura is based on the working principle that investors buy NFTs to gain exposure to a project rather than the individual NFTs. To facilitate this, each verified project has a unique token (FPT). Users may convert between NFTs and FPT through The Exchange.

Conversion between NFTs and FPT is a 1:1 process. The circulating supply for each project is always equal to the number of NFTs deposited to the project pool. NFTs may be withdrawn from the pool at anytime by burning FPT.

If you are new to Omura, check out our 2.2 Quick Start Guide.