The One Marketplace to Rule them All | 2.15.22

GMSer Web Desk

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GMSer Web Desk

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Mar 21, 2022

The One Marketplace to Rule them All | 2.15.22

GM Ser,

The One Marketplace to Rule them All

Oftentimes, NFTs are only available to those participating on that NFTs certain blockchain. Someone using Solana couldn’t purchase something being sold on the Ethereum network unless they converted their SOL to ETH. Now one company is working to change that. 

MetaNFT Marketplace is setting themselves apart by being the first marketplace to allow any type of coin. “The R&D team at MetaNFT has developed a routing system to instantly convert cryptocurrencies from one blockchain to another and specifically designed for the NFT world called the "MULTICROSSCHAIN" router,” Yahoo Finance. 

NFT sellers on the platform will get to choose which coin they are selling their work in, however the buyers will be able to purchase in whichever coin they have. 

 

NYSE Says "NFTs"

It was only a matter of time until the New York Stock Exchange got in on the NFT action. Filing with the U.S. Patent and Trademark office to become a marketplace to sell, buy, and trade NFTs. 

As of right now, the NYSE has no plans to roll out a currency or trading, but “regularly considers new products and their impact on our trademarks and protects our intellectual property rights accordingly.”

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