The hype about the NFT marketplace is real and growing. The NFT marketplace is still in its early stages but is already making waves worldwide.NFTs are also being used for other purposes besides being collectible assets—they're being used as currency, legal tender, and even voting tools.
The NFT market is a decentralized marketplace that allows users to buy, sell, and trade non-fungible tokens (NFTs). The term "non-fungible" refers to a digital asset that can be used as an asset but cannot be duplicated or altered.
NFT: A Rising Trend
In order for an NFT to become popular, it must have three things: scarcity, utility, and desirability. These three things make up what's called the trifecta of blockchain assets which are: scarcity (the supply of an asset is limited), utility (the ability for people to use or trade this asset), and desirability (something people want).
What Makes XANALIA the Best NFT Marketplace?
The NFT marketplace has helped many people in different parts of the world make money from their creativity and ideas. The NFT marketplace offers many features, such as trading, creating, and selling digital assets. People can sell their digital assets, such as virtual artwork, music, or other creative works, on the platform and earn money from them.
- Decentralized NFT Marketplace: XANALIA is a decentralized NFT marketplace with no interference from any centralized authority or third party. XANALIA allows users to store their digital assets using their private keys securely. These platforms also allow buyers and sellers to interact directly without relying on third parties like banks or payment processors. Users can easily create unique stores or galleries for their items to communicate with others with similar interests and preferences. In this way, owners can build communities around their items instead of just having them sit in one place on one website where everyone sees them all at once.
- Multi-chain Support: XANALIA supports multiple Blockchain networks: BSC, Ethereum, and Polygon. This makes XANALIA the best choice among NFT creators, as they can choose to create an NFT based on their preference. Polygon and BSC are preferred due to fast-speed and low-fee transactions, whereas most NFT creators create NFTs on ETH due to its huge user base and liquidity in the market.
- Low Gas Fees: XANALIA is a multi-chain NFT marketplace, and as it includes Polygon and BSC, the gas fees are low compared to other NFT marketplaces. As a multi-chain NFT marketplace, XANALIA allows users to buy and sell any NFT on Ethereum, BSC, and Polygon without spending much on gas fees. While creating an NFT, creators are always distressed about the vast transaction fees associated with NFT minting and NFT trading. With the cost of NFTs being so high, it is crucial to know the platform transaction fees and the gas fees for the primary blockchain in advance.
- Royalties: NFT creators at XANALIA get many more lucrative opportunities than any other NFT marketplace. NFT creators are entitled to a lifetime royalty on their creations. For each sale of the NFT, the NFT creators get their royalty amount. The royalty contribution varies from 2.5% to 10%.
- NFT Trading for Non-crypto Users: Isn't this amazing that not only the crypto traders or people having crypto tokens but non-crypto users can also trade the NFTs at XANALIA? Non-crypto users can register at XANALIA with their credit and debit cards and start NFT trading.
- Supports Metaverse-Compatible NFTs: XANALIA is not only about the normal NFTs, but it also supports metaverse-compatible NFTs, which can be further used in the XANA, a metaverse linked with the XANALIA marketplace. The NFTs include Metaverse characters, accessories, NFT tickets, etc.
- 3D & In-game NFTs: XANALIA also supports in-game NFTs and 3D NFTs. Users can use these gaming NFTs in the NFT Duel game developed by XANA. NFT Duel is a metaverse game that includes NFT cards and in-game characters. Users can purchase or create these NFTs using the XANALIA NFT marketplace.
XANALIA NFT marketplace offers a wide range of features, such as trading, creating, and selling digital assets. The exponential growth of the DeFi system and NFT marketplaces has created enormous opportunities in the virtual trading ecosystem. The adoption and awareness about NFTs across the globe remarked the right time to come up with the right ideas to build a robust NFT marketplace.
The idea behind launching a booming NFT marketplace, XANALIA, was to create a majestic and transparent NFT trading platform for the NFT creator, collectors, and traders. XANALIA, a decentralized NFT Marketplace, combined innovative features for VR/AR generation.
Comments