It’s time to shine the spotlight on an exciting new partnership that’s taking the Legends of Elysium (LoE) community by storm, as it teams up with the pioneering NFT platform, “NFTrade.”
To commemorate this exciting new alliance, LoE has brought a special creation into existence – the “Moonlight Arrows.” This unique card back collection, limited to 100 copies, has been crafted with the NFTrade community in mind. Participants in the platform’s competitions as well as members of the community may have a chance to claim it.
NFTrade has redefined the NFT marketplace, evolving into a decentralized, multi-chain and blockchain-agnostic platform. As an indexer of NFTs across integrated chains, it accommodates the entire NFT lifecycle, offering a space for users to effectively create, purchase, vend, swap, and farm NFTs across disparate blockchains. With increased total value access to their NFTs, participants can truly unlock the value of the NFT market.
The versatility of NFTrade sees the amalgamation of NFTs from other marketplaces under one umbrella. This ensures participants can:
✅ Buy multiple NFTs in one place
✅ Explore advanced NFT stats
✅ Scan through favorite collections
✅ Buy NFTs on new chains, and
✅ Delight in a new UI/UX trading experience
NFTrade’s functionalities extend beyond simple trading:
The platform serves as an NFT aggregator, helping to navigate the overwhelming releases and launches of NFTs. This eliminates the need for users to jump from platform to platform in a frustrating search for their desired NFTs.
The Multi-Chain + Cross-Chain feature of NFTrade allows the NFT market to break free of the constrictions of network segmentation. Bridging different networks and applications into a unified hub, the Cross-Chain mechanism propels the industry towards future growth and liquidity.
Lastly, NFTrade’s unique NFT Farming feature adds another layer of dimension to the NFT experience. This process involves token staking and liquidity farming to earn rewards via NFTs. Contrasting traditional staking, NFT farming provides much rarer and distinctive yield-generating assets, making it an obvious value-addition for end users.
In conclusion, the LoE and NFTrade partnership promises to be a union of innovation, enhancing the user experience and turbocharging the growth of the NFT market.
To celebrate this partnership, Legends of Elysium has created the Moonlight Arrows!
This card back collection has been created exclusively for NFTrade community
There is a limited number of 100 copies.
Winners of NFTrade competitions and community members will have a chance to get it
NFTrade is a decentralized multi-chain and blockchain-agnostic NFT platform. NFTrade is an indexer of all NFTs across all of their integrated chains, hosting the complete NFT lifecycle and allowing anyone to seamlessly create, buy, sell, swap, farm, and leverage NFTs across different blockchains. Using NFTrade, anyone can gain access to the entirety of their NFT, unlocking the total value of the NFT market.
NFTrade provides NFTs from other NFT marketplaces in one place
✅ Purchase multiple NFTs with our cart
✅ See advanced NFT stats
✅ Sweep the floor of your favorite collections
✅ Buy NFTs on new chains (coming soon)
✅ Enjoy new UI/UX while trading
NFTrade operates on several fields:
NFT aggregator – For NFT collectors, investors, creators, and fans, it can be quite challenging to successfully track the NFTs launches and releases you are looking for. Currently, through an industry structure where most NFT platforms are centralized and therefore non-cooperative, you see artists, athletes, and creators fenced off to specific platforms. At this point, it’s coming down to what incentives platforms can offer their creators in order to attract new business and maintain their presence, but this does not play out well for users and customers. Customers have to hop from place to place, hoping that they can track down all of the different news and events taking place on each platform. Through aggregation, NFTs can launch independently across different platforms, but the sales information will be collected and moved to an open secondary marketplace where buying, selling, and trading can also commence. This is one of the beauties of open source technology and decentralized ledgers such as Ethereum and BSC, as they allow for easy traceability and integration with easily viewable and verifiable code. With an NFT aggregator, the marketplace will become much more accessible, as everyone will know they only need to use a single application to access everything they could potentially find available on the open market.
Multi-Chain + Cross-Chain – Imagine if you could only send texts or make phone calls to other people who used the same phone network as you; your communication capabilities would be extremely limited. Not only that, but a service that would be able to provide communication across networks would inevitably become one of the most successful in the industry. The cryptocurrency and NFT markets are experiencing this same problem of segmentation, and it’s severely dampening that amount of usage and liquidity that would be taking place within these asset classes if they were able to move freely across networks. This mechanism is known as a cross-chain transaction or cross-chain swap, and allows for non-native assets to become interoperable on other blockchains. This will be a major leading force to adoption, as it will make all networks much more congruent with one another, bringing all the best attributes and aspects of each network and application into a single hub.
NFT Farming – NFT farming builds off the concept of token staking and liquidity farming, with users staking native tokens to earn an additional yield through an NFT-based reward. NFT farming builds off the concept of token staking and liquidity farming, with users staking native tokens to earn an additional yield through an NFT-based reward. Unlike traditional staking, which pays out the reward in the natively staked token, through NFT farming, users can obtain much rarer and distinctive yield generating assets. These earnable NFTs can vary greatly depending on the token being staked, the use case behind the project, and what the native development teams deems as the proper reward to be made earnable. For projects that do not offer a form of staking or yield generation, which are many, NFT farming provides an obvious value generation event that provides additional value to the end user. The rewards for NFT farming vary, but are mainly separated into two categories, collectible NFTs and utility-based NFTs.
