EUR/USD 1.16341
-0.215%
Gold 4507.58
0.663%
Oil 58.618
0.632%
USD/JPY 157.879
0.650%
GBP/USD 1.34060
-0.254%
GBP/JPY 211.655
0.407%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Market news: Home Depot and Google Cloud have jointly launched the Agentic AI tool to help customers and employees transform projects from "how to do it" to "completed".Domestic News: 1. The "Tianma-1000" unmanned transport aircraft successfully completed its maiden flight. 2. Shanxi Province issued consumption subsidies for home appliances and digital smart products in 2026. 3. Hong Kongs new budget will be announced on February 25. 4. China Securities Regulatory Commission (CSRC): Focusing on cracking down on major, malicious, and key illegal activities, and severely punishing all kinds of malicious illegal activities. 5. Chinese Embassy: Due to scheduling conflicts, Wang Yis planned visit to Somalia on January 9 has been postponed. 6. Wang Yi held a telephone conversation with the Somali Foreign Minister: Opposing Somalilands collusion with the Taiwan authorities to seek independence. 7. National Business Work Conference: In 2026, efforts will be accelerated to cultivate new growth points in service consumption and optimize the implementation of the trade-in policy for consumer goods. International News: 1. A curfew has been imposed in Narathiwat Province in southern Thailand. 2. Israeli forces are reportedly planning a new round of attacks on the Gaza Strip. 3. British officials: The possibility of Britain deploying troops to Greenland cannot be ruled out. 4. South Korean Presidential Office: Will investigate the truth behind North Koreas claim of a "drone intrusion" and release the results promptly. 5. Iranian President: The government endorses peaceful protests and is willing to meet with protest groups. 6. Danish Parliament Chief: It would be "foolish" to go to war over Greenland. 7. Israel demands the EU designate Irans Islamic Revolutionary Guard Corps as a "terrorist organization." 8. US Media: Trump received a briefing on options for striking Iran but has not yet made a final decision; the government is considering multiple options for intervention in Iran. 9. Trump again pressures Cuba, threatening that if Cuba does not reach an agreement soon, it will face a situation of "zero oil and zero funds" flowing into Cuba. 10. Iranian Parliament Speaker warns Trump that any attack would lead Iran to consider Israel and US bases in the region as "legitimate targets" and strike them.On January 11, Cuban Foreign Minister Rodriguez posted on social media that the United States’ behavior was like “criminal and out-of-control hegemony,” threatening not only the peace and security of Cuba and the Western Hemisphere, but also the entire world.Supermicro Computer (SMCI.O) announced a collaboration with numerous industry partners to launch a smart store retail solution.Israeli Prime Minister Netanyahu: Israel is closely monitoring the situation in Iran and hopes that the country will soon be free from "tyranny".

After Raising $2.6M, Gal Gadot Backed DEX Launches NFT Marketplace

Cory Russell

Mar 31, 2022 11:06

The goal of the new NFT marketplace is to attract more users to the ecosystem while also increasing the value of the native token ASW.

Key Takeaways:


Today, AdaSwap launched ADANFT, its NFT marketplace.


ADANFT will address a fundamental problem with 'poor curation' noted on other marketplaces.


AdaSwap will promote its token ASW through the marketplace.


The Cardano-based Decentralised Exchange (DEX) AdaSwap announced its NFT Marketplace, ADANFT, in a press release, first hinted at by FXEmpire earlier this month.


Lower gas fees will be one of the marketplace's attractions, which ADANFT will use to entice traders and encourage NFT minting on the network.


How Be Will ADANFT 'Different'?


According to AdaSwap, the NFT marketplace was created to address a significant issue of "poor curation," which other marketplaces like Opensea, Magic Eden, Raible, and others face.


They plan to do so by involving their community in the selection process. Individuals who own AdaSwap's native token, ASW, will be able to vote on which NFT collections should be included.


The community will vote on their favorite NFTs of the week, and only the most popular collections will be added to ADANFT's offers due to the voting.


As a result, ADANFT will ensure that only those NFTs are put on the marketplace with a realistic chance of selling.


While ADANFT emphasizes its community-centric approach, it will also implement a tier-based classification system, with holders of the most ASW tokens receiving access to the most valuable and unique NFTs and other perks.


This may be their undoing, as competing marketplaces provide all dealers with an equal opportunity to obtain uncommon and valuable NFTs.


However, AdaSwap's CEO Lennon Qualmann said, "This appears to be a planned move on AdaSwap's part."


"By bringing forward new and innovative concepts, we hope to transform the way NFTs interact with traditional financial protocols and the way NFTs are traded."


AdaSwap's History and Prospects


As previously indicated, FXEmpire reported on AdaSwap's $2.6 million investment from various investors, including Gal Gadot.


This money was necessary for the launch of ADANFT and will continue to support AdsSwap's future objectives.


AdaSwap will have an AMM (Automated Market Maker) interface for its DEX, Stake & Forget protocols and bridges with Ethereum, BSC, and Casper chains.


Moreover, the introduction of this NFT marketplace could not have come at a better moment, as Cardano is now showing signs of its long-awaited bullishness, with a 56 percent gain this month, which will play a significant role in drawing investors to ADANFT.

Suggestion