IOTA’s NFT Marketplace Is Now Live on Testnet

IOTA’s NFT Marketplace Is Now Live on Testnet. The platform is developed on the IOTA 2.0 DevNet and is now live on testnet.

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.

In this test version, the wallet is managed directly on the IOTA NFT marketplace website, similar to the custody of wallets on major exchanges like Binance, Bitfinex, and Bitpanda. With the addition of a browser wallet and upcoming smart contracts, the IOTA NFT marketplace will become completely decentralized.

Create a free user account today, claim your IOTA 2.0 DevNet tokens via the integrated faucet, and mint your first NFTs. The process is quick, straightforward, and completely free.

The IOTA NFT marketplace also allows the general public to use the decentralized IOTA 2.0 DevNet for the first time in a broader use case.

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.

About IOTA NFT Marketplace

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

About IOTA

IOTA is an open-source distributed ledger and cryptocurrency designed for the Internet of things. It uses a directed acyclic graph to store transactions on its ledger, motivated by a potentially higher scalability over blockchain based distributed ledgers.

➡️Source:
https://blog.iota.org/iota-the-most-accessible-dlt-network-for-nfts/