AdaSwap Launches NFT Marketplace on Cardano

Cardano-based decentralized exchange (DEX) AdaSwap has announced the launch of ADANFT, described as an exclusive non-fungible token (NFT) marketplace which features a unique voting system powered by the ecosystem’s native $ASW token. ADANFT Goes Live on Cardano AdaSwap’s latest marketplace for non-fungible tokens, ADANFT, is now live on Cardano (ADA) blockchain. The platform will use a revolutionary voting system to curate NFT art, allowing holders to participate in vetting collections before they are listed on the marketplace. AdaSwap Launches ADANFT Marketplace On Cardano With Voting System For Art Curation #crypto #cryptocurrency #cardano #ada #cryptonews https://t.co/SBVglrRYvI — Cardano Today (@cardano_today) March 31, 2022 Additionally, users are presented with NFTs with three tiers based on their ASW token holdings Silver, Gold, and Platinum. For instance, the most exclusive and valuable NFTs will only be available to higher-tiers users while the tiers will reward loyal fans of AdaSwap with exclusive airdrops and staking returns. Eventually, the tier system will evolve implementing user activity, vote participation, and other metrics to provide a strong incentive for the community. Commenting on the development, AdaSwap CEO Lennon Qualmann said: “In the pursuit of gamifying the AdaSwap DEX, we looked towards the new frontier of blockchain technology and changing trends (and) the NFT realm fit perfectly. We are aiming to...