DeCalls Announce Options Go Live Feb. 14th
DeCalls has announced the launch of its highly anticipated options trading platform. This platform is set to revolutionize the way individuals trade NFTs (non-fungible tokens), as they will be able to long and short NFTs without needing to own any.
- Author: Illustrious
- Published: February 9, 2023 at 00:00
DeCalls has announced the launch of its highly anticipated options trading platform. This platform is set to revolutionize the way individuals trade NFTs (non-fungible tokens), as they will be able to long and short NFTs without needing to own any. Previously, you could only buy NFTs without the opportunity to have exposure on any downside.
The wait is finally over. Get ready to blast off with DeCalls on Feb 14th! 🚀
— DeCalls - Feb 14th (@DeCallsNFT) February 9, 2023
❤️ Big thanks to our amazing community for supporting us on this journey. Your input and feedback helped shape DeCalls into the game-changer it is today! pic.twitter.com/FYVFySgwiX
DeCalls aims to make options trading accessible and user-friendly for individuals of all skill levels. With its intuitive interface and advanced trading tool, a wide array of strategies is now presented for users. For example, one could now simultaneously own an NFT and open a Put contract, giving the opportunity to hedge the downside without the need to sell your NFT.
In addition to providing the ability to trade options, DeCalls also offers an NFT collection called Future Traders. Owners of Future Traders get 100% of any revenue created by the options platform.
This ties the NFT and the platform's success together, as it would be up to holders to promote it/use it, and the holders would be rewarded to the fullest possibility.