How Artrade leverages Solana to create a fast, low cost, and efficient NFT marketplace


The advances seen in the crypto industry over the last few years have brought forth a number of new trends. In fact, these trends do not only show the technological maturity of crypto and blockchain, but also the community’s maturity and interest in new blockchain-based products, rather than simple opportunities to earn.

Among the many new trends that we have seen over the past few years is the NFT market, which allows the creation of tokenized real-life and digital goods. In the form of NFTs, these items can easily be bought, sold, managed, and owned.

Thanks to the fact that the crypto sector is currently connected to the art and gaming industries the most, digital collectibles and art have been the first and most dominant industries to enter the sector and use it for their own purposes. This, in turn, led to the creation of projects dedicated to combining the NFTs with these industries, such as Artrade.

What is Artrade?

The NFT sector is still young, and as such, it has yet to achieve the simplicity needed for it to achieve mass adoption. As things are now, it is still too complicated for anyone who doesn’t have a working knowledge of coding and development at their disposal. It requires complex tools or multiple manipulations to even interact with the NFT markets, which causes most artists who attempt to approach it to conclude that they can’t do it, and give up.

Artrade aims to change that by becoming the first-ever application on the Solana blockchain that allows users to view, reference, create, keep, buy, and sell NFTs. Its app is fluid and simple to use, and best of all — it is accessible to everyone.

It allows users to pay for NFTs with cryptocurrencies or credit and debit cards, thus making it easy to access NFT, even to those who are not cryptocurrency owners or users. Furthermore, Artrade also makes the creation of NFTs inexpensive, which is also encouraging artists to give it a chance.

Why Solana?

To those who might be wondering, it is no coincidence that Artrade selected Solana’s blockchain as the network and ecosystem in which it would launch.

As the first and oldest development platform, Ethereum has been attracting developers and users for years. However, due to its slow speeds, inability to scale, high fees, and many other disadvantages, the crypto community finally decided to start seeking out alternatives, and Solana has grown to be one of the go-to blockchains. It is innovative, efficient, and relevant when it comes to aspects like speed, cost, and energy consumption.

Energy consumption has been particularly important to Artrade, which is why it also teamed up with ClimatePartner to certify that all of its CO2 emissions would be offset by validated climate protection projects. This allowed the NFT project to become carbon-neutral.

The project is about ready to launch in full, and it already held a private round, as well as its first public round, which allowed it to raise over $1.5 million. The second public round started on December 20th, and it will last until January 20th. Its goal is to raise $9 million. After that, the third round will start only days after the last one finishes. 

One thing to note, however, is that the second round is offering Artrade’s native ART tokens for $0.03 per unit, while the next one will see a 33% increase in the token’s price, therefore offering them for the price of $0.04 per token. In other words, anyone who wishes to buy the token at a lower price still has around three weeks to participate in the token sale.

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