Decentralized multi-chain NFTs Marketplace would like to apply for USDT and FUSE token Grant to:
Operate functional as an NFT marketplace and indexer on FUSE.
Create, buy, sell, p2p swap, and farm Fuse-based NFTs
Support Fuse-based DeFi projects, GameFi projects, and NFTs through our various features
Operate an independent Fuse node
Hire someone to aid in Fuse-based marketing and business development
Maintain and update the Marketplace for upcoming game items that are released in the future.
About NFTrade
NFTrade is the first cross-chain and blockchain-agnostic NFT platform. We index all available NFTs across all of our integrated chains and host the complete NFT lifecycle, allowing anyone to seamlessly create, buy, sell, p2p swap, farm, and leverage NFTs across different blockchains. Using NFTrade, anyone can gain access to the entirety of their NFT, unlocking the total value of the NFT market.
We are now the #1 NFT DEX on BSC and Avalanche and #2 on Polygon (NFT (Non-Fungible Tokens) Marketplaces | DappRadar). We are also live on Ethereum and Moonriver, and are working towards additional integrations like Solana, Moonbeam, Tezos, and others coming soon
Why Integrate Fuse?
At NFTrade, we want to support all available blockchains with NFT communities and ecosystems. Fuse blockchain is fast and has cheap transactions compared to other EVM compatible blockchains, so it makes a good choice for integration. The Fuse blockchain is lacking a large-scale NFT marketplace, where NFTrade can come in and fill this gap.
Objectives
Launching a fully operational NFTs marketplace for ERC721 and ERC1155 NFTs
Maintain the technical infrastructure
Connect gamers, project developers, and NFT projects to Fuse
Budget Needed
40k USDC for development and operations + 20k USDC to run and operate an independent Fuse node and 100k in FUSE for hosting the validator
You can see the volumes on https://dappradar.com/nft/marketplaces. Total volume on NFTrade is actually higher, as not all chains on DappRadar track the transactions of wrapped tokens. We have recently been averaging around $1 million in trading volume per day (not including all WAVAX transactions - which make up a significant portion of our volume)
How many trades are ‘cross chain’?
Currently, we are multi-chain, cross-chain is not yet available. However, cross-chain capabilities will be introduced this year
What is your current fee structure?
At the moment we are charging 0 fees.
Is there a royalty structure in place for creators/artists?
We are a decentralized marketplace and we have developed a decentralized royalties solution. This allows collections to recognize royalties on any sale, regardless of which marketplace it takes place on. You can also introduce reflections that go back to every NFT token holder. You can read more here:
What treasury/dev fund value do you have in $NFTD token?
24,300,000 $NFTD
What parts of the software aren’t fully developed yet? I’ve noticed some UI issues.
The marketplace is fully functional and operational. If you did notice some issues - let us know, we will look into it. Aspects we are currently working on advancing:
Launchpad release
Additional chain integrations
Advanced NFT trading platform with order book functionality
Do you index all NFTs in all wallets on a chain, and make them available on the platform?
Yes! We index all available NFTs across all of our integrated chains.
Is a validator required to operate the marketplace or indexing?
It is required to operate the marketplace and index NFTs across each integrated chain.