Stargaze — Pioneering Interchain NFTs for Web3

Stargaze is an interchain NFT marketplace that solves many problems that exist in NFT marketplaces today. Since January 1 2021, average daily NFT sales have gone from ~$300,000 USD to $73,000,000 USD as of November 26 2021 (a 24,333% increase). Currently, most NFT sales occur on Ethereum, which has popular marketplaces such as OpenSea, Rarible and Sorare. Like many things in crypto, adoption of a particular primitive tends to start on Ethereum and then expands to other blockchains when users start experiencing bottlenecks. Ronin, Wax, Solana and Flow are the four blockchains that trail Ethereum in 24hr NFT sales currently (as of November 26 2021). Blockchains that trail Ethereum in NFT sales address scalability issues that arise from Ethereum’s network congestion. However, many NFT marketplaces that exist on competing blockchains enforce restrictions on how NFT projects can utilise them. With the advent of Stargaze, the Cosmos ecosystem has a dedicated zone for NFTs that does not suffer from scalability issues whilst differentiating from existing NFT marketplaces by being more secure, decentralised, transparent and flexible.

Background

Stargaze is a fully decentralised NFT marketplace in the Cosmos ecosystem, which launched Mainnet Phase 0 on October 30th 2021. Recently, Stargaze announced 25% of their token supply will be…