IOTA NFT Marketplace Allows General Public To Use The Decentralized IOTA 2.0 DevNet

Published on: 13.07.2021

IOTA Foundation is thrilled announced that its NFT Marketplace has been launched successfully. The IOTA NFT marketplace, developed by the IOTA community. Currently available in test mode, the IOTA NFT marketplace is a feeless alternative to the expensive and energy wasting approaches taken by other networks.

IOTA NFT Marketplace launched on IOTA 2.0 DevNet, illustrates beyond doubt that the future of digital assets, including NFTs, is feeless, decentralized, green, and accessible to all.  The new, community-built IOTA NFT marketplace promises a more accessible future for NFTs. Transactions are always feeless on the IOTA network, so this barrier is already gone. Minting fees are also negligible due to the IOTA Digital Assets framework. Only the commission of the IOTA NFT marketplace remains, as the infrastructure has to be powered in some way. All in all, the NFT solution based on the IOTA network will be significantly cheaper than any other existing solution and thus more attractive to all market participants.

ABOUT IOTA 
IOTA is the first distributed ledger built for the “Internet of Everything” – a network for exchanging value and data between humans and machines.

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