Crafting Finance Price

Crafting Finance is a cryptocurrency launched in 2021 that operates on the Ethereum platform. It is the native token of Crafting Finance, an innovative platform for issuing and trading synthetic assets, decentralized contract trading, and NFT fractionalization on the NEAR blockchain ecosystem. Key features of CRF: - Total supply: 2B CRF - Circulating supply: 62M CRF - Current price: $0.000299 - Market cap: $18.53K - 24h trading volume: $22.01K CRF serves as both the utility and governance token for the Crafting Finance ecosystem. It enables users to participate in synthetic asset issuance, trading, and platform governance. The Crafting Finance platform supports various synthetic assets including option futures, derivatives, stablecoins, bonds, and fractionalized NFTs. It uses a Synthetix-like SDP trading model to aggregate liquidity and enable zero-slippage trades. As of 2025-08-30, CRF is ranked #6882 by market cap. While it has seen significant volatility since launch, reaching an all-time high of $0.163623 in January 2022, the project continues to develop its offerings in the synthetic assets and DeFi space on NEAR. Crafting Finance is available for trading on several cryptocurrency exchanges. As the Crafting Finance ecosystem grows, CRF aims to play an increasingly important role in synthetic asset trading and DeFi on NEAR.

Crafting Finance was created on December 16, 2021. The project launched its cryptocurrency on the Ethereum blockchain as an ERC-20 token. Since its inception, Crafting Finance has aimed to provide innovative solutions for issuing and trading synthetic assets within the decentralized finance (DeFi) ecosystem. The token plays a crucial role in the platform's governance and utility functions, enabling users to participate in the Crafting Finance ecosystem.

The founders of Crafting Finance are not publicly disclosed. Crafting Finance was launched in December 2021 as a decentralized platform for issuing and trading synthetic assets on the Ethereum blockchain. While the founding team has chosen to remain anonymous, they have developed Crafting Finance to be a pioneering financial application in the NEAR ecosystem. The project aims to enable the creation of synthetic assets like option futures, stablecoins, bonds, and fractionalized NFTs. CRF, the native token of Crafting Finance, serves as both the utility and governance token for the platform. Though the founders' identities are unknown, they have demonstrated their vision through the project's innovative features and ongoing development since its launch.

Crafting Finance operates as a decentralized synthetic asset issuance protocol and trading platform on the NEAR blockchain. Here's how it works: 1. Users can mint synthetic assets by staking collateral like BTC, ETH, or even NFTs. 2. The platform uses a Synthetix-inspired SDP trading model to aggregate liquidity and enable zero-slippage trades. 3. CRF tokens serve as the native governance token, allowing holders to participate in protocol decisions. 4. The system supports various synthetic assets including derivatives, stablecoins, bonds, and fractionalized NFTs. 5. Smart contracts built with ink! allow deployment on multiple chains like NEAR, Solana, and Acala. 6. Liquidity providers earn rewards for supplying assets to trading pools. 7. The protocol aims to expand DeFi capabilities in the NEAR ecosystem by enabling complex programmable synthetic assets. With a current price of $0.000299 and market cap of $18.53K, Crafting Finance is ranked #6882 among cryptocurrencies. The total supply is capped at 2B CRF CRF tokens, with 62M CRF currently in circulation. The project launched in December 2021 and continues to develop its synthetic asset ecosystem.

Crafting Finance utilizes a multi-layered technical architecture: 1. Smart Contract Layer: Built on the NEAR Protocol blockchain, leveraging its scalability and low transaction costs. 2. Synthetic Asset Protocol: Allows creation and trading of synthetic assets representing various financial instruments. 3. Decentralized Exchange (DEX): Facilitates peer-to-peer trading of synthetic assets with zero slippage using the SDP (Synthetic Debt Pool) model. 4. NFT Fractionalization Platform: Enables tokenization and trading of fractional NFT ownership. 5. Governance Layer: CRF token holders can participate in protocol governance decisions. 6. Cross-chain Interoperability: Designed to be deployable on multiple chains like Solana, ACALA, and Polkadot ecosystem. 7. Asset Collateralization System: Supports various assets as collateral, including cryptocurrencies and NFTs. 8. WASM Virtual Machine Compatibility: Developed using ink! programming language for broad blockchain compatibility. This architecture positions Crafting Finance as a versatile DeFi platform, combining synthetic asset issuance, decentralized trading, and NFT fractionalization in a single ecosystem.

Crafting Finance has an ambitious roadmap for the future. Key milestones include: 2025: Expanding synthetic asset offerings and improving the decentralized exchange platform. 2026: Launching NFT fractionalization features and integrating with more blockchain networks beyond Ethereum. 2027: Implementing advanced DeFi products like options and futures trading. 2030: Becoming a leading multi-chain DeFi ecosystem with a comprehensive suite of financial products. The team is focused on continuous development and innovation in the DeFi space. They aim to increase adoption, liquidity, and utility of the CRF token. Price predictions suggest potential growth: 2026: $0.0003573 2030: $0.0005587 2035: -- While ambitious, achieving these goals could position Crafting Finance as a major player in decentralized finance. The project's success will depend on execution, market conditions, and adoption of their innovative DeFi solutions.