TofuNFT has been at the forefront of the Non-Fungible Token (NFT) market for a long time now. The number of users has skyrocketed of late. It is an NFT marketplace focused on buying, selling, and trading NFTs. In addition, the marketplace supports GameFi and collectibles over several chains.
The multichain NFT marketplace has found its success mainly from trading collectibles and GameFi NFTs mainly on Binance Smart Chain and Polygon. They then added support for the Fuse network at the start of the year. The main feature of this NFT marketplace is to trade unique NFTs and digital collectibles across a number of different blockchains. This prompted the creation of multichain NFTs like the Gh0stly Gh0st NFT collection.
TofuNFT Special Features
TofuNFT marketplace, previously known as the ‘SCV NFT marketplace’, operated with the combination of DeFi and NFT marketplace features. The rebranding to TofuNFT made it a solely NFT-focused platform. In September 2021, they launched the beta version and in November they managed to do a full product launch. Users are allowed to benefit from gas-free listings in both the fixed price and auction fragments. Additionally, creators and collectors can purchase and upload NFTs having price tags in several different currencies.
Is TofuNFT the Future of NFT Marketplaces?
Tofu NFT marketplace provides features that other old-school NFT marketplaces can only dream of. The platform is establishing itself as the go-to NFT marketplace once Layer-2 and Layer-0 protocols become perfect. Additionally, the DApp has over $3 million volume traded over a span of 30 days across all the 20 blockchains supported. While this number perils in comparison to the $959 million 30-day volume on OpenSea, the tide may change in the future as the blockchain becomes more connected and interoperable.
TofuNFT is a pioneer of sorts. With it, a new breed of NFTs has been born. Multichain NFTs are transferrable across as many as 20 blockchains. This presents vast implications for play-2-earn and metaverse gaming. Imagine being able to use one NFT across 20 different metaverses, and in 100 different games across different blockchains. The possibilities are endless.
Vincent Munene is a freelance writer and a great blockchain enthusiast. Blockchain has changed his life in terms of financial freedom and in return, he likes to educate people and keep them up to date on everything blockchain. He is a Biochemist by profession and also loves to play the piano.