🍞The problem

Why we built Toast.fun

NFTs today

Great nft projects exist today, but often they struggle due to underlying core issues:

1) No Built-In Liquidity Pools

NFTs aren’t paired with SOL/USDC the way tokens are. They rely on orderbook-style marketplaces with shallow depth. Without automatic LPs, there’s no structural guarantee of liquidity.

2) All-or-Nothing Trading

NFTs can only be bought and sold as whole units. This creates rigid market dynamics, locking out smaller participants and forcing traders into oversized, illiquid bets.

3) No Native Composability

Unlike tokens, NFTs sit outside most DeFi infrastructure. They can’t be easily staked, lent, or integrated into protocols, which limits their utility and keeps them siloed from broader markets.

4) No Reliable Price Discovery

NFT markets rely on floors and thin orderbooks, which makes pricing opaque and volatile. Without AMM-style pools, true price discovery is slow, shallow, and prone to manipulation.