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IOTA’s NFT Marketplace Is Now Live on Testnet

Published 07/13/2021, 10:58 AM
Updated 07/13/2021, 11:01 AM
IOTA’s NFT Marketplace Is Now Live on Testnet

  • Recently, the IOTA team announced the launch of its IOTA NFT marketplace.
  • The platform is developed on the IOTA 2.0 DevNet and is now live on testnet

As Non-Fungible Token (NFT) is gradually becoming an eye-catching tech, it drives more interest these days. In fact, NFTs have shown a tremendous blast these days. Besides, it made more people find the value and importance of NFTs.

Recently, the IOTA team announced the launch of its IOTA NFT marketplace. Based on the news on the official IOTA blog, the platform is developed on the IOTA 2.0 DevNet.

IOTA NFT Marketplace is an IOTA-powered platform for minting, promotion, and trading of non-fungible tokens.

According to IOTA, the platform is currently available in test mode. Moreover, the team said that the IOTA NFT marketplace is a feeless option to the expensive and energy-wasting strategies that other networks use.

Also, the team stated that the network would solve some of the existing limit...

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