Introducing NFTEarth: A Layer 2 focused NFT marketplace
NFTs, or non-fungible tokens, have been making waves in the digital art world, allowing artists to monetize their creations and collectors to own unique digital assets.
Layer 2 refers to a layer of technology built on top of a blockchain network that aims to improve scalability and reduce transaction costs. In the context of NFTs, Layer 2 solutions can be used to enhance the performance and user experience of NFT marketplaces by allowing for faster and cheaper transactions.
Layer 2 solutions can also improve the scalability of NFT marketplaces by allowing for a larger number of transactions to be processed simultaneously, which can help to accommodate the growing demand for NFTs.
On November 24, 2022, Quix, which was the then largest NFT exchange on the Optimism ecosystem, announced via a tweet that it would be officially shutting down. As a result of winding down, it may lead to the discontinuation of the platform and the end of support for the sellers and buyers.
NFTEarth is a decentralized NFT marketplace platform built for Layer2 Blockchain backed by Layer2DAO community, which allows users to purchase and trade their Layer2 NFTs, all transactions are transparent, secure, and tamper-proof.
NFTEarth Marketplace is excited to announce the deployment of its own token, called NFTEarth Token (NFTET). The token will serve as a means of incentivizing both trading and staking on the platform.
Tokenomic Details:
Total Supply = 100,000,000
Trading rewards: 50%
Staking rewards: 20%
Airdrop 1: 8%
Airdrop 2: 6%
Airdrop 3: 6%
NFTEarth Treasury: 5%
Founding Team: 5%
NFTEarth Marketplace is dedicated to utilizing the best technology to enhance its users’ experience. Therefore, it has decided to prioritize the integration of Layer2 Ethereum networks, starting with Optimism. The team’s next step will be to add support for Arbitrum, and continue to explore other L2 networks in the future to stay ahead of the curve.
Additionally, the platform is committed to being fully open-source from the start, as it aligns with the decentralized and transparent nature of the project. Join the community and explore more about the project by checking out the provided links below.
Twitter: https://twitter.com/NFTEarth_L2
Discord: https://discord.gg/nftearth
GitHub: https://github.com/NFTEarth
Galxe Space: https://galxe.com/nftearth
Snapshot Space: https://snapshot.org/#/nftearthl2.eth
Quest3 Space: https://app.quest3.xyz/nftearth
Medium: https://medium.com/@nftearth
Main DApp: https://nftearth.exchange/