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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Cryptocurrency»Cryptocurrency Exchange Bybit Launches NFT Marketplace
    CRYPTOCURRENCY EXCHANGE BYBIT LAUNCHES NFT MARKETPLACE

    Cryptocurrency Exchange Bybit Launches NFT Marketplace

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    By Oluwasegun Olukotun on January 21, 2022 Cryptocurrency, Marketplace

    One of the fastest-growing Cryptocurrency exchanges, Bybit has launched its NFT Marketplace, a non-fungible token (NFT) platform that promises to streamline digital ownership and encourage the growth of blockchain games and the metaverse. If you haven’t heard of Bybit before, you can read this Bybit review to get to know the ins and outs of this cryptocurrency exchange.

    The Bybit NFT Marketplace is envisioned as a one-stop store for artists, makers, and collectors. Users of the Bybit platform will not be needed to link their wallet addresses. Instead, customers may use their Bybit spot accounts to buy, sell, and trade NFTs on the Ethereum ERC-721 standard, making digital ownership accessible to collectors of all levels of expertise and talent.

    Ben Zhuo, Co-founder, and CEO of Bybit said, “While some may be skeptical of the investment value of NFTs, it remains a fact that NFTs not only make it possible for everyone to participate in and appreciate digital ownership but also enable artists and creators to exercise control over the ownership of their work. We are excited to provide a premier NFT platform for Bybit users, so they can be part of the creation of a new marketplace and new world called the metaverse.”

    Furthermore, users can now execute multi-chain transactions on the Bybit NFT Marketplace, making it simple for everyone to participate in the fascinating NFT, GameFi, and metaverse marketplaces. In line with this, NFT collectors may check the legitimacy and chain of custody of their favorite NFTs using Bybit’s safe and dependable infrastructure, making it simple for users to confirm their origin and value.

    Bybit is launching campaigns featuring exclusive NFTs from Monsters Galaxy, ONBD, and REALY as its first foray into the NFT realm to pique enthusiasm within the community. That is to say, it opened its doors with Monster Galaxy NFTs, artworks curated by ONBD and REALY Apparel.

    In particular, Monsters Galaxy is a social role-playing smartphone game developed by Gaia Online with over 25 million players participating in epic monster battles with their teams of monsters or capturing wild monsters.

    On the other hand, ONBD engages with crypto-native and traditional artists to onboard them to the metaverse as a curatorial brand and incubator focused on discovering, conceiving, and implementing NFT projects. More than 100 unique NFT artworks from nine artists from across the world are featured in ONBD’s debut series on the Bybit NFT Marketplace.

    Meanwhile, the REALY Metaverse, also known as the KOOOLA virtual city, is a vibrant metaverse inspired by street culture in which users may meet, trade, and play games in a completely immersive environment.

    Additionally, Bybit confirms it will be curating and releasing exclusive unique NFTs of high value from up-and-coming artists, renowned celebrities as well as athletes, with mystery boxes up for grabs.

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    Bybit Cryptocurrency Exchange NFT Marketplace
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    Oluwasegun Olukotun

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