NFTb is launching NFT marketplace on Binance Smart Chain. It focuses on supporting social causes and offering causes with extra inexpensive itemizing choices.
The new marketplace connects leading artists and charities. Anyone can auction their work affordably and donate some portion of their profit to charity according to their choices. NFTb says more than 120 artists have already joined the waiting list.
One of the spokespersons said that many artists are involved in the environmental influence of their work and that present marketplaces don’t present any recourse for mitigating these dangers.
“Using Binance Smart Chain’s Proof of Stake system, NFTb will be low-cost, easy to use, and have a low carbon footprint, paving the way for mass adoption of NFT tech by creators around the world.” — Olexiy Fedorov, Co-Founder NFTb
Recently NFTb announced the completion of a $200,000 sending fund round to support its market. Its backers include Spark Digital Capital, Next Ventures, Metaconstant ventures and Rarestone capital.
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Charles Read that the founder of Rarestone capital said NFTb aligns with his company vision to invest in “Socially responsible product that accelerates the adoption of blockchain technology while creating positive societal impact”.
NFTb claims to be the primary NFT platform on Binance smart chain with a functioning product. The NFT market runs red hot toward the beginning of 2021, with a few industries embracing the digital revolution.
NFTb is launching with a long list of digital creators in Asia and Europe. It going to continue its expansion into the nascent digital art ecosystem in Asia. Many Artists there begin to discover and adopt NFT technology.