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NFT Marketplace in the World vs in Project SEED Metaverse

In Project SEED metaverse ecosystem, an NFT marketplace brings users together on a platform to trade their favorite NFTs of our games, starting with Outland Odyssey.

 

NFT Craze

With its booming popularity and unique introduction to digital investing, it is now safe to say that non-fungible token, or NFT has taken the world by storm since its first presence in 2014. This year (and going forward) may open a new chapter for innovative applications of NFT as it has started expanding across many industries, most notably arts, sports, and gaming.

Blockchain technology — a distributed public ledger that records transactions, further accelerates the position that NFT is having today in the digital market. As NFTs are built on blockchain, they represent unique asset ownership in any blockchain-based ecosystem, therefore indispensable to build a sustainable financial power to users, especially in a gaming platform.

The hype is real and these are several mind-blown statistics about this buzzword. This is something you can no longer ignore in this racing era.

The NFT market has reached a tenfold growth in just two years. According to NonFungible.com, the number of NFT sales can currently be between 15,000 to 50,000 per week; against a humble estimate of around 100 sales/week back in 2017. This source also revealed that the sales amount for the first half of 2021 added up to $1.3 billion. Perhaps the famous NFT sale during this period is Beeple’s “EVERYDAYS: The First 5000 Days,” sold at Christie’s for a record-breaking $69.3 million.

 

NFT Marketplace

In order to get yourself one of these crazed items, you will need to dive into an NFT marketplace. It is your gateway to trading any of these uniquely minted assets in the digital realm, ranging from photos to game skins.

According to DappRadar and Kyros Ventures report, OpenSea, Foundation, and Rarible are among the top NFT marketplaces that hit a staggering sale value with Ethereum being the most popular blockchain to build on.

Source: Kyros Report: NFT Market in 2021 — Kyros Ventures

 

NFT Marketplace in Project SEED

Project SEED is a GameFi Metaverse Ecosystem built by an AAA Game Studio that develops a mobile-focused blockchain gaming. We are implementing NFT into our metaverse for this will benefit the item holders for their tamper-proof ownership. This allows us to have high-level security, especially for our users’ assets. It will mitigate cheating factors in the game.

To increase usability and convenience, Project SEED NFT Marketplace will be available both In-Game and also Web-Based (Web3 application). For the professional Merchant, we will create a Merchant Application to specifically boost Merchants’ profitability and exposure to the players across the ecosystem.

IN-GAME MARKETPLACE

In-Game marketplace will be the go-to place for users who want to conveniently Buy, Sell, Rent, or Lend any NFT without leaving the game. However, In-Game Marketplace will only show Project SEED Ecosystem NFT and Partners NFT.

WEB-BASED MARKETPLACE

Off-Game marketplace will be the go-to place for seasoned users who want to Buy, Sell, Rent, or Lend any NFT when they are not online in the game or with a larger screen size for better navigation and browsing. Off-Game marketplace will show Project SEED Metaverse NFT, Partners NFT, as well as other collectibles NFTs.

Project SEED is taking a bolder step in disrupting the NFT market by partnering with Damn! I Love Indonesia, a fast-growing lifestyle brand of Indonesian culture. To celebrate the new wave of NFTs in the world, Project SEED will combine its blockchain technology in building a mobile-focused gaming ecosystem with Damn! I Love Indonesia clothing brand to diversify the NFTs and in-game assets. The fashion brand will also be onboarded to Project SEED’s metaverse as our NFT Creators Program Partner and create fabulous NFTs continuously. This revolutionary idea will lead to a big wave of NFT combining with fashion brands in Asia.

Stay tuned to the big wave of this dynamic duo — NFT x Fashion that’s paving the way for blockchain mass adoption!

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