Introducing CardaMint, A Decentralized Multi-Chain NFT Marketplace On Cardano
Hello Everyone,
We introduce CardaMint to you, what we are all about and the advantages of being an early adopter and growing with us.
What is CardaMint?
CardaMint is a community driven NFT platform being built on the Cardano Blockchain, with the aim of evolving into a unified Multi-Chain Marketplace that will exist on Both Cardano & Milkomeda allowing NFTs from other Blockchains to be traded on a single platform.
Idea Conception of CardaMint
The CardaMint Team has carefully researched the NFT Market, the ecosystem which has seen a significant increase in the trade of NFTs and digital collections since its popularity in 2017 with it’s total valuation surpassing $2 Billion.
We have been able to pinpoint some of the weaknesses of Existing NFT Marketplaces indicating that there is still so much limitations it’s lacking in some areas in terms of scalability and entry barriers.
The NFT ecosystem suffer from issues ranging from high gas fees to lack of a single unified NFT Marketplace for multichain NFT assets, CardaMint is coming with a proposed solution to be the bridge in the gap within the NFT ecosystem. With our all-in-one NFT Marketplace, we will be able to guarantee that users can be able to Mint and Trade NFTs existing on different blockchains on our platform with a simple wallet connect.
Value Proposition of CardaMint
CardaMint will introduce a Multi-chain NFT Marketplace, which will be starting off on the Cardano Blockchain will slowly integrating other EVM chains like Milkomeda.
Our NFT Marketplace will address the needs of every NFT creator, buyer, and collector. By allowing NFT trades across multiple chains that support smart contracts, CardaMint is set to revolutionize the NFT ecosystem in a one of a kind innovation that promises a single unified platform.
Our mission is to challenge traditional NFT Protocols by developing a breakthrough technology that will allow anybody to Mint and trade NFTs on our platform on any choice Blockchain while also taking advantage of the reduced fees, scalability and security offered by the Cardano Blockchain.
Unique Features that Distinguishes us
With launch of the Mary Hard Fork which will allowed NFTs to be minted on the Network, there is so much potential we can utilize by building on the Cardano network, below are features we will be working on
Multi-Chain trade
The CardaMint NFT marketplace’s key technology enables multi-chain transactions of NFTs developed on several blockchains. Cardano’s blockchain will be used for minting, trading, and distributing NFTs, but other chains will also be supported (e.g. Milkomeda, etc), which will help to reduce other blockchains’ high transaction costs.
Multi-chain token standard
Multi-chain flexibility is at the core of the CardaMint NFT marketplace. Combined with its user-friendly experience, it is critical to the platform’s market penetration and market dominance. The CardaMint NFT marketplace’s protocol may be used to transfer any blockchain standard.
NFT Farming
CardaMint will be integrating the NFT Farming feature in our platform, becoming one of the very first projects to implement this idea in the Cardano space.
Users will be able to stake their NFTs over a defined period of time and gain incentives in form of CardaMint’s Utility token $CMINT or rare and limited edition NFTs coming from partnerships with Other NFT projects.
Royalty between NFTs
CardaMint will allow users to set Royalties within their NFTs on cases of sales. Cardamint V2.0 contract will permit a beneficial connection between NFTs that will pay out a royalty to each owner using a smart contract.
While these are just a few out of the various features of CardaMint, we will be developing more features for our Marketplace and ecosystem in the later future.
Follow our updates as this is just the first of our posts to come, more details into our Project and our utility token $CMINT will be explained in later posts.
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