Ceto: A Sea Monster in the Trading Market

Ceto
2 min readDec 31, 2021

Ceto is a well-known sea monster in Greek mythology, one of the oldest monsters, and the daughter of Pontos and Gaia, half fish, half serpent. She and Phorkys gave birth to a slew of terrifying sea monsters, including the dragon Ekhidna (viper), the sailor-devouring Skylla (crab), the hundred-headed serpent Ladon, the one-eyed Graiai (grey ones), and the horrifying Gorgone’s (terrible ones).

As the mother of sea monsters, a creature with infinite power that ruled the depth of the Oceans. Through the myth, we named our project to emphasize the fact that it’s one of a kind in the whole internet computer, a project with vision, empowered by the IC network aiming at providing a new way of trading NFT and F- NFT, to provide liquidity, to swap and mint token within a minute.

Ceto is ready to reign once more.

As an FT and NFT/F-NFT trading platform, Ceto can support token swap and order book trading. F-NFTs are the next big thing to govern the future and Ceto is positioned as a leader.

Ceto’s core features

Ceto collectible share distribution:

Ceto collection is divided into 100,000 F-NFT equity shares;

30,000 shares Airdrop for Twitter activities;

10,000 shares Airdrop to public testers to detect bugs and submit feedback;

10,000 shares for operating expenses;

The remaining 50,000 shares are locked for future use.

What are the advantages of owning the Ceto collection’s F-NFT share?

1. Ceto’s F-NFT share will function as a governance token of Ceto’s collection, offering voting power and income rights in the form of a DAO;

2. Buyback mechanism, 50% of the handling fees of the first two months will be used to buyback the Ceto F-NFT collection and burn to make it deflationary;

3. Eligible for future airdorps of other NFT projects.

Ceto F-NFT trading will officially launch in Q1 2022 to support more NFT/F-NFT access and trading.

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Ceto

The first order book trading platform of fractional noun-fungible tokens(F-NFTs) and a professional marketplace for crypto collectibles.