Use the NFT Marketplace Xircus NFT to build your own NFT marketplace

alisadoll (26)in #xircus • 3 years ago

Concerning Xircus

Xircus is the world's first multi-chain gamified DAO platform, allowing users to build and implement their own NFT marketplaces on their own blockchain. The Xircus platform allows users to quickly and easily design and launch their own bespoke NFT trading platform, which is completely free of charge. Artifacts that aren't fungible (NFTs) can be sold in a bespoke NFT marketplace created by the artist or influencer. Xircus is a powerful, distinctive, and automated technology that allows artists, influencers, content providers, collectors, and marketers to construct their own personalized NFT marketplace. Our decentralized software as a service (DSaaS) approach makes our platform available to anyone who wants to use it. It is the quickest, most secure, most time-efficient, and least expensive method of developing a personal market for your NFTs.

Background

A Non-Fungible Token (NFT) is one of the most powerful applications of blockchain technology currently available. NFTs are unusual in that they provide an unbreakable, leak-proof security layer that can be used to verify the authenticity of the digital assets they reflect. Despite the fact that the market for NFTs is still in its infancy, the demand has been expanding at an exponential rate. The top NFT marketplaces have seen billions of dollars in transactions. As the market expands, the level of competition increases. Conventional or the first NFT marketplaces serve as a facilitator, not as a complete solution to the problem. One of the main goals of Xircus has always been to develop an all-in-one solution that gives individual artists, influencers, and collectors the control that comes with the ability to construct their own non-traditional trading platforms.

dApps for the NFT marketplace in a jiffy

A principal platform for all who are probably losing a significant sum of cash to third-party NFT marketplaces, Xircus allows them to began due to a custom NFT marketplace and purchase non-fungible digital assets explicitly to their fans and followers, a feature that is not currently available on any other platform. Within a year of its launch, Xircus is expected to save NFT developers approximately $600 million, according to our cautious estimate.

The platform will also empower all users by democratizing access to tokenization and non-financial trading (NFT trading), regardless of whether they are individuals or businesses, experts, or (blockchain)startups.

What distinguishes us from the rest?

Xircus is unique in that it is the first platform that enables users to construct their own NFT marketplace that they can control and maintain ownership over. The cross-chain compatibility of the platform ensures that it supports all EVM compliant protocols in addition to the ones already mentioned. We are ready to go now that the idea has been successfully tested in the field and the markets have been established. The platform is supported by a native utility token, which has a wide range of direct applications within the Xircus ecosystem, as well as outside of it. It also has a token economy that is driven by Defi and offers prizes. Xircus enables multi-chain deployment to other blockchain protocols such as Polkadot, Solana, flow, and every other EVM compatible blockchains, albeit we initially built on the Binance Smart chain because of the low gas fees and rapid transaction times.

An NFT is a non-fungible token that resides on a blockchain, which uses the same public blockchain technology as cryptocurrencies such as bitcoin to keep track of its ownership. However, this is where it differs. The majority of bitcoin is fungible, which means that it can be easily exchanged for other currencies, just like cash. NFTs, on the other hand, are non-fungible, which implies that each one is fully unique and cannot be easily exchanged. Purchasing an NFT grants you access to the asset as well as ownership of the asset, which is verified and unalterable through the use of a distributed ledger technology (blockchain). This means that it is solely and exclusively yours.

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Official Links:

Website: https://xircus.app

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