Fantom (FTM) NFT Marketplace

As promised in our debut blogpost, we plan to foster cross-chain protocol integrations and set up a marketplace where NFTs on any blockchain can be traded with ease. We are now moving a step forward and bringing the Fantom Opera blockchain to you! This means you will be able to create your NFTs with us on the Fantom network and earn Fantom while you do. 

What is Fantom?

The need for fast, low-cost transactions in crypto is of utmost importance, and several blockchains are being launched to ensure that. Fantom is one of those protocols in that space. It has gotten ahead by using the Lachesis consensus mechanism to balance scalability, speed, and security. 

Fantom stands out from its competitors as an innovative smart-contract platform for DApps because users can create their own modular-shaped networks while still relying on the parent network’s finality. So far, they have been steadily gaining popularity among crypto developers and users for their speed and flexibility. Per CoinMarketCap, daily volumes on the network are well over $1B, with a total market cap of over $4B.

Upsides to Creating NFTs on Fantom NFT marketplace 

Like other blockchains, Fantom enables developers to build NFT platforms and allows users to create digital artworks and collectibles. Incorporating an efficient and cheap Ethereum-alternative to AirNFTs comes with several upsides; here are some of them. 

1. Resale Value

For NFT collectors, resale value probably holds the highest importance, mainly hinged on the market size. Creating Fantom NFTs on the AirNFTs marketplace means laying out your work before BSC and polygon natives in the marketplace. High demand drives prices up and increases the chances of selling your work.

2. Ease of Use

AirNFTs has become a go-to NFT shop for many collectors, thanks to its simplicity and user-friendly design. Anyone with a smartphone can now connect their wallet with the platform and create a Fantom NFT within minutes. 

3. Low-cost Minting

Minting on the Fantom blockchain is both cheap and efficient. Typically it costs less than a dollar to create your NFTs.

4. Earn FTM on the side

FTM is Fantom’s utility token, and as a way to incentivize trade, we will be rewarding successful transactions with FTM. Every collector gets to earn extra FTM on every NFT purchased.

Getting Started

The Fantom NFT marketplace on AirNFTs works similarly to other networks. Users can create pieces in single units or collections and list them in the Fantom Network section. Categories include artwork, photographs, videos, memes, screenshots, and games.

Here are the steps:

1. Visit the website, connect your wallet.

2. Upload your file.

3. Click on the dropdown menu and select Fantom.

4. Fill in the title, description and other details.

5. Click on Approve

And that’s it, your NFT is now live on the Fantom blockchain on our network.

Conclusion

Although Ethereum currently holds a significant lead in the NFT space, the interoperability with Fantom is sure to decrease that figure in the coming months. 

Bridges linking the two protocols will allow existing NFT collections on Ethereum to be moved to Fantom’s marketplace, expanding the market size in the process. Creating Fantom NFTs is an excellent way to begin your NFT journey. Visit the website now to get started!