The GameFi Ecosystem GamesPad Is Introducing The New NFT Marketplace
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
GamesPad, the world’s first holistic gaming, NFT, and metaverse ecosystem, is thrilled to announce the launch of its own NFT marketplace.
In the first quarter of 2022, the total market capitalization of some NFT projects increased by more than 2000%. The whole market grew by 300% last year. Some NFTs sell out instantly, with the most famous NFTs selling for nearly USD 70 million.
NFT trading is done through special marketplaces, and GamesPad is launching such a platform to deliver even more value to projects, investors, and the community. After the successful INO (Initial NFT Offering) on BullPerks, where GamesPad sold out its NFTs for USD 4.5 million, they sparked a lot of interest from the community.
Afterward, the GamesPad’s NFT collection was listed on three major NFT marketplaces: Binance NFT, OKX NFT, and Liquidifty. From now on, all GamesPad NFTs will be available for purchase and sale on the company’s native NFT marketplace. Over time, the project will also provide the opportunity for NFT creators, collectors, as well as portfolio companies, to list and trade their NFTs on the GamesPad’s marketplace.
Unlike Bitcoin, Ethereum, or Dogecoin, you cannot directly trade non-fungible tokens on regular cryptocurrency exchanges. Therefore, to buy and sell NFTs, you need special trading platforms that allow you to issue, hold, and trade non-fungible tokens.
Marketplaces generate NFTs using smart contracts that add unique information to each token and prescribe its main parameters, including name, inseparability, address, number, etc. After that, non-fungible tokens can be bought and sold on the platform at a fixed price.
In simple terms, NFT
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