NFTmall Explores Layer2 solutions on ETH chain with Polygon (Matic) Network.
NFTmall already supplies users with a creator based DeFi marketplace powered by E-commerce demand on BSC. One of the differences highlighting the benefits of NFTmall is the aspect of physically redeemable NFTs. Anybody that creates, obtains, or acquires an NFT via the NFTmall market possesses the capability to materialize the physical property of each asset. Simply explained, all media producers have a lucrative opportunity to display their gift and monetize their craft on the NFTmall platform. Talented Digital art creator, photographer, cinematographers, musicians, designers, all content creators, including artist ranging from watercolour painting — to 3D graphics, will have the ability to utilize NFTmall and capitalize on their individual skillset.
However, the real value is attributed to the interoperability component that allows universal and multi-chain functionality that provides users with the ability to go from one main-net ecosystem to another. Therefore layer 2 solutions are very essential to any platform ecosystem. Layer 2 solutions allow networks to communicate by implementing solutions over existing platforms to improve abundant issues including scalability problems. Thus, making the cross-chain communication simple and seamless without disrupting the main layer.
Leading the charge in the layer 2 solution arena is the highly reputable Polygon (MATIC) Network. 2021 has embraced Polygon as one of the Top (if not the Top) Layer 2 solution. Even more exciting is the recent partnership generated between the NFTmall platform and the Polygon (MATIC) network. This partnership enhances the NFTmall marketplace and overarching platform functionality by utilizing the Polygon chain. Polygon has also been a leader in supporting technical and marketing aspects of collaborations which massively helps with nurturing partner projects. This particular union is extremely advantageous to not only NFTmall but the complete DeFi and E-commerce based marketplaces.
Upon NFTmall officially launching the main-net by Mid June or earlier, activity will be live on both chains, simultaneously optimizing the power of layer 2. This accommodates creators from all metaverses utilizing NFTmall. Universal interoperability is the future of marketplaces, especially online markets. Harnessing the true potential of decentralized standards while supporting and encouraging multi-chain connections spawns NFTmall, the most cost-efficient platform in the blockchain.
NFTmall is now launching their native token $GEM. After several successful rounds of private sales, the NFTmall team is directing focus to centralized exchanges for IEO and listing efforts. $GEM will solidify the necessary funding for NFTmall and various operations. After conducting the established exchange offerings, the yield of these endeavours will fuel the liquidity offered on decentralized exchanges as well as the future expansion of the NFTmall marketplace. $GEM will propel the NFTmall ecosystem by implementing inflationary measures and calculated token releasing for early adopters. Managing the tokenomics accordingly ensures the prosperity of the entire community. The NFTmall marketplace anticipates substantial adoption by supplying users with a sleek user-friendly interface for minting unique NFTs. By analyzing existing quantified parameters alleviates barriers permitting individuals from generating NFTs in a lucrative cost-effective fashion. Following the main-net launch, NFTmall ($GEM) is positioned to dominate the traditional market with fundamental endorsements with partnerships that welcome acquisition and encourage users to push the boundaries of creativity.
Join the NFTmall movement today by participating in the ongoing multiple IEO event for GEM token, taking place on ChainX and LATOKEN during the limited timeframe of 26th May 2021 to 8th June 2021.
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Official site: https://nftmall.io/