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On Wednesday, the non-fungible token (NFT) market Rarible announced that the platform now supports the Tezos blockchain network. This move follows the integration of Rarible with the Flow blockchain protocol in mid-November. The NFT market now supports a total of three blockchain networks.
Rarible, the eighth largest NFT market, adds Tezos support
rare Said that it has expanded its multi-chain compatibility because it now supports a total of three blockchains, including Ethereum, Flow and the current Tezos Proof of Stake (PoS) blockchain. The company’s announcement explained that the strategic alliance with Tezos enables Rarible to provide users with the ability to “cast low-cost and energy-efficient NFTs and support the secondary sales of projects on the Tezos ecosystem.”
According to data from dappradar.com, Rarible is the eighth most-selling market in history Statistical data88,258 traders have sales of $260.4 million. The NFT market initially began to use the Ethereum network to provide services, but in mid-November, Rarible roll out Support Flow blockchain. After Rarible raised $14 million from investors, the team revealed its intention to create multi-chain compatibility at the end of June.
Rarible’s announcement details, “The Tezos ecosystem has gained tremendous appeal from leading brands, artists, creators, and sports franchises as a place to cast low-cost and energy-efficient NFTs.” The recently produced Tezos blockchain headline News When the video game giant Ubisoft announced an NFT platform built with Tezos. Ubisoft is the owner of the game series “Assassin’s Creed”, “Prince of Persia”, “Mad Bunny Invasion” and “Just Dance” and recently released a collection called “Digital”.
Secondary support for Ubisoft Digital
Rare details of auxiliary support for Ubisoft Digits will be added. “Through this cooperation, Rarible will immediately support Digits’ secondary sales: NFT derived from the NFT platform recently launched by traditional video game company Ubisoft on Tezos. Digits are high-quality in-game collectibles that have positive practical value for players , And made possible the first energy-efficient NFT that can be played in AAA games through Tezos’ PoS network,” the company explained.
Rarible’s announcement added:
To celebrate this exciting integration, Rarible and Tezos will also launch the first series “Blazing Futures” curated by Diane Drubay. Blazing Futures is a work of 10 Tezos artists. Starting today, these works will be exclusively available on Rarible.
Rarible will join the NFT market Hic et nunc, which also sells Tezos-based non-fungible token collections, and Operated by the community Rear Founder leavesSince the recent transition, Hic et nunc’s sales have declined, but the market still managed to handle the historical sales of $53.05 million from 53,711 traders. In addition to Rarible and Hic et nunc, Tezos also owns the NFT market Objkt.com and Kalamat. Just before the Tezos integration, Rarible launched a messaging application on November 29.
What do you think of Rarible adding Tezos support? Please tell us your thoughts on this topic in the comments section below.
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