Opening The NFT Art World To Public: NFT Tech's Complete Marketplace

Opening The NFT Art World To Public: NFT Tech's Complete Marketplace

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

NFTs are all the rage. Artists are falling over themselves to get their creations on the blockchain – and for good reason. As the world wises up to the immutable heritage that an NFT provides a piece of art, there has been a scramble by artists and collectors alike to propel this new digital art marketplace into the mainstream.

Opening The Door To Everyone

The extravagant sums paid for works like Beeple’s The First 5000 Days are not the only things making waves. Popular collections like CryptoPunks have become a badge of silicon honor, while Mila Kunis and Ashton Kutcher have not only sold their Stoner Cats token for display but doubled them up as tickets that access their exclusive animation series – watchable only by those who collect them. It’s a brave new world, and it has some great people in it.

Yet not everyone can play. What the NFT world currently lacks is full accessibility. A simple onboarding ramp for creators and collectors alike. Whether that be to mint their own creations and hawk them to the public, a readymade digital gallery to show off their collections, or for retail traders to delve into the more exciting opportunities of trading and hedging collections for profit maximization, there was no all-in-one place to do that, until now.

Free To Mint, Free To Trade

NFT Tech is a platform that promises to bring the complete NFT experience to the average retail user and let anyone get involved. It solves the multi-faceted problems in the NFT market. Right now, minting NFTs is not a cheap endeavor. Artists are famously starving, and stumping up the ETH required to mint on the Ethereum blockchain has the possibility to deter artists who would otherwise want to bring their creations to the world.

NFT Tech solves that problem in the simplest way – it’s free to mint NFTs on their platform. This means if you’re unsure about putting your photographs on the blockchain and about whether you can make your money back, then NFT Tech removes the obstacle.

Furthermore, it lets artists list their NFTs for trade so that they can benefit from every iota of the creations. Never before in human history, even before the blockchain, have artists had such smooth roads to connect with their fans. The gatekeepers are gone.

For collectors, acquiring NFTs on NFT Tech’s platform is just as easy. Not only can they pay crypto for NFTs and display them in the native digital gallery on the platform (and of course transfer them to other blockchains if they so wish), they can also put up their own NFTs as swaps.

The Liquidity Matching Engine

Trading is made easy because of NFT Tech’s proprietary liquidity matching engine. It creates a big order book for NFTs that is similar to what you’d find on a standard exchange. It also helps set prices for pieces of work so everyone in the market knows where they stand. It’s backed by liquidity providers who can set target and resell prices and stream profits from the trading in return for them backing the platform.

It’s a familiar, comfortable system for retail collectors to get involved in the excitement of the open and thrilling digital art marketplace without having to go through complex smart contracts, third parties or worse, private trading. It will breathe new life into collections as they can be traded as fast and as furious as a couple of 10-year-olds in the playground at lunchtime swapping Arcanites for Butterfrees.

Traders Gonna Trade

Sophisticated investors can also benefit. It creates a viable secondary market backed by liquidity for traders to make a profit on their NFT collections. Moreover, NFT Tech offers traders the chance to hedge their collections. An investor can loan stablecoins against their NFTs and use them for speculative acquisitions in the bustling marketplace, further increasing their wealth. It allows investors to unlock the value of their creations fast, easily, and in an all-in-one marketplace in which they can reinvest.

NFT Tech is building the platform that will kick the door open to the digital art market for the mainstream, while also allowing hardened NFT traders to participate in an open, fun, and fair marketplace. They even have their own blockchain. NFTs are changing content creation forever, and NFT Tech is providing the tools to let everyone be a part of it.

Image Sourced from Monccur PR

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

Posted In: BlockchainCryptodigital artdigital currencyMonccur PRNFTPartner ContentCryptocurrencyMarketsTech