Skip to main content

Fantom Launches NFT Marketplace Artion – Platform Aims to ‘Unburden Creators of High Fees’

https://motleybloggers.com/wp-content/uploads/2021/09/fantom-launches-nft-marketplace-artion-platform-aims-to-unburden-creators-of-high-fees.jpg

On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with the myriad of NFT markets out there today. The market dubbed Artion is an NFT marketplace built on the Fantom network and claims to bolster “0% commissions, with the near-zero transaction costs.”


Fantom Reveals Beta Version of the NFT Marketplace Artion


A new NFT marketplace has been announced by the Fantom Foundation following the billions of dollars worth of NFT sales stemming from veteran NFT markets that leverage the Ethereum (ETH) network like Opensea, Rarible, and Makersplace.

In more recent times, the Ethereum network, due to excessive network fees and transaction congestion, has been losing ground to other blockchains like Avalanche (AVAX), Solana (SOL), Binance Smart Chain (BSC), Terra (LUNA), Tezos (XTZ), and more. This includes taking money from decentralized finance (defi) and non-fungible token (NFT) sales as other blockchains are now offering these services.


Fantom is another blockchain network aiming to enter the fray of defi, NFTs and smart contracts. The website fantom.foundation says the protocol is a “fast, high-throughput open-source smart contract platform for digital assets and dapps.”

The platform has a native cryptocurrency called fantom (FTM) which has gained 151% in 30 days and increased by 3,070% year to date. On Friday, the Fantom Foundation announced the launch of an NFT marketplace that’s currently in beta called Artion. The NFT market is built on Fantom and will connect with wallets like Metamask and the Coinbase defi compatible wallet.


“Artion is feature-filled, open-source, fast, and inexpensive: 0% commissions, with the near-zero transaction costs and fast finality that you are used to,” the Fantom Foundation blog post details. “Artion supports Fantom-based ERC20 tokens, beginning with FUSDT, USDC, DAI, and WFTM. Future releases will add support for even more tokens— Additionally, creators can set royalties at the time of minting and earn revenue on secondary market sales,” the blog post explains.

Defi Coder Andre Cronje: ‘It’s Not About the Money… It’s About Sending a Message’


The creator of Yearn Finance and Keep3rV1, Andre Cronje is also behind the Artion NFT project. The prolific coder talked about the market in comparison to the leading NFT market Opensea in a recent interview. Following the interview, Cronje tweeted a GIF from the “Joker” movie starring Joaquin Phoenix which says “It’s not about the money… It’s about sending a message.”



The NFT marketplace already has a number of NFT collectibles featured on the web portal from art, sports, trading cards, NFTs with utility, virtual world NFTs, and more. Artion also features Chainlink price feeds as well and offers users the ability to mint their own non-fungible token collectibles. “The next release of Artion will add a built-in version of Anyswap’s Ethereum-Fantom NFT bridge for interoperability with Ethereum,” the Artion announcement further details.

The Fantom network already has a number of collections like Fantom Punks, Strange Brew, and Fantom Waifus. The Artion project is all open source and tech savvy individuals can review the code for the smart contracts, the server, the Artion-client, and the marketplace tracker. “Our mission, in short, is to unburden creators of the high-fees and constraints that limit the potential of imagination,” the Fantom Foundation concludes.


What do you think about the Fantom Foundation and Andre Cronje’s Artion NFT marketplace built on Fantom? Let us know what you think about this subject in the comments section below.



Origina post from
https://motleybloggers.com/fantom-launches-nft-marketplace-artion-platform-aims-to-unburden-creators-of-high-fees/

Comments

Post a Comment

Popular posts from this blog

Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians

http://motleybloggers.com/wp-content/uploads/2022/12/research-shows-centralized-exchanges-saw-the-most-visits-this-year-from-americans-koreans-russians.jpg Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer new users. U.S. Leads by Number of CEX Users, Turkey and Japan Are Also in the Top in Terms of Traffic The U.S., South Korea and Russia together account for 22% of all visits to centralized exchanges (CEX) for cryptocurrencies, according to the 2022-2023 “Global Crypto Industry Overview and Trends” annual report produced by Huobi Research. The estimate is based on data from the top 100 CEXs on active users, trading depth, trading volume, and reliability. With a share exceeding 9%, the United States is the pronounced leader in terms...
Post a Comment
Read more

Kevin O’Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It

http://motleybloggers.com/wp-content/uploads/2022/12/kevin-oleary-tells-us-lawmakers-ftx-failed-because-binance-intentionally-killed-it.jpg Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told him that Binance, which owned a 20% equity stake in FTX, refused to comply with regulators’ requests whenever FTX applied for a license in different jurisdictions. Kevin O’Leary Shares Why He Thinks FTX Failed With U.S. Senators Shark Tank star Kevin O’Leary shared why he thinks crypto exchange FTX collapsed in a congressional hearing, titled “Crypto Crash: Why the FTX Bubble Burst and the Harm to Consumers,” before the Senate Committee on Banking, Housing, and Urban Affairs on Wednesday. Senator Pat Toomey (R-PA) asked O’Leary, “Why do you believe FTX failed?...
Post a Comment
Read more

Biggest Movers: AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data

http://motleybloggers.com/wp-content/uploads/2022/12/biggest-movers-avax-hits-1-week-high-as-ltc-also-climbs-following-us-inflation-data.jpg Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets had expected. The figure was also 0.6% lower than October’s reading of 7.7%. Litecoin also rebounded on the data, rising by over 6%. Avalanche (AVAX) Avalanche (AVAX) was a notable gainer on Tuesday, as prices surged following the release of U.S. inflation figures. November’s consumer price index (CPI) came in at 7.1%, which was lower than the 7.3% traders were expecting. As a result, AVAX/USD rallied to an intraday high of $14.09, which saw prices up by nearly 10%. AVAX/USD – Daily Chart Today’s rise saw avalanche hit its strongest point since December 5, which was the last time the token was trading above its ceiling at $13.75....
Post a Comment
Read more