Wu said that according to Arkham monitoring, the treasury address of the NFT fragmentation protocol NFTX: 0xaA…B93D has transferred 252,000 NFTX and 36,000 FLOOR to the destruction address for destruction, with a total destruction value of approximately US$7.07 million. It is worth noting that according to the XIP-56 proposal, NFTX will merge with the NFT market-making protocol FloorDAO to become a new NFT liquidity protocol ƒlayer, and the NFTX and FLOOR tokens owned by the treasury will be destroyed, and the tokens held by community users will be transformed into a new token FLAYER at the end of the third quarter. In October 2023, FloorDAO forked due to internal chaos.