Flying Tulip Launches ERC-721 Perpetual Options NFT

By: www.odaily.news|10/06/2026 01:26:13

The Flying Tulip project has issued ERC-721 perpetual options NFTs to participants during its initial sale, which include FT tokens and the right to redeem invested funds if the project's development does not meet expectations. Andre Cronje stated that NFTs should go beyond the functionality of "JPEG image packaging," and this design provides investors with "complete downside protection while retaining upside exposure." Users can trade FT tokens on the secondary market or purchase PUT options in the Flying Tulip perpetual options market.

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