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Rarible NFT Marketplace Integrates Tezos Blockchain, Will Support Ubisoft Digits

News Feed - 2021-12-16 02:12:09

Rarible NFT Marketplace Integrates Tezos Blockchain, Will Support Ubisoft Digits


On Wednesday, the non-fungible token (NFT) marketplace Rarible announced that the platform now supports the Tezos blockchain network. The move follows Rarible’s integration with the Flow blockchain protocol in mid-November, and the NFT marketplace now supports a total of three blockchain networks. 8th Largest NFT Marketplace Rarible Adds Tezos Support


Rarible says it has expanded its multi-chain compatibility as it now supports a total of three blockchains which include Ethereum, Flow, and now the Tezos proof-of-stake (PoS) blockchain. The strategic alliance with Tezos allows Rarible to provide users the ability to “mint low fee and energy-efficient NFTs, and support secondary sales of projects live on the Tezos ecosystem,” the company’s announcement explains.


Rarible is the eighth largest marketplace in all-time sales, according to dappradar.com statistics, with $260.45 million in sales across 88,258 traders. The NFT marketplace originally started its services leveraging the Ethereum network but in mid-November, Rarible launched support for the Flow blockchain. The team revealed intentions to create multi-chain compatibility at the end of June, after Rarible raised $14 million from investors.


Rarible’s announcement details that the “Tezos ecosystem has gained significant traction from leading brands, artists, creators, and sport franchises as the place to mint low cost and energy-efficient NFTs.” The Tezos blockchain recently made headlines when video game giant Ubisoft revealed an NFT platform built with Tezos. Ubisoft, the owner of the game franchises “Assassin’s Creed,” “Prince of Persia,” “Rabbids Invasion,” and “Just Dance,” recently released collectibles called “Digits.” Secondary Support for Ubisoft’s Digits


Rarible details that secondary support for Ubisoft’s Digits will be added. “Through this collaboration, Rarible will immediately support secondary sales for Digits: NFTs originating from legacy video game company Ubisoft’s recently launched NFT platform on Tezos. Digits are high-quality, in-game collectibles with active utility value for players, and the first energy-efficient NFTs playable in AAA games made possible through Tezos’ PoS network,” the company explains.


Rarible’s announcement adds: In celebration of this exciting integration, Rarible and Tezos will also launch an inaugural collection, Blazing Futures, curated by Diane Drubay. Blazing Futures is a drop featuring work from ten Tezos-based artists that will be available exclusively on Rarible starting today.


Rarible will join the NFT marketplace Hic et nunc, which also sells Tezos-based non-fungible token collectibles and is operated by the community after the founder left. Hic et nunc’s sales have declined since the recent transition but the marketplace still managed to process $53.05 million in all-time sales among 53,711 traders. In addition to Rarible and Hic et nunc, Tezos also has the NFT markets Objkt.com and Kalamint. Just before the Tezos integration, Rarible launched a messaging application on November 29. Tags in this story Blockchain Networks, Diane Drubay, Ethereum, Flow, Hic et Nunc, Kalamint, Multi-Chain, nft, NFT Markets, NFTs, Non-fungible Token, Objkt.com, Rarible, Rarible Market, Rarible Marketplace, Tezos, Tezos integration, Ubisoft’s Digits


What do you think about Rarible adding Tezos support? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 4,900 articles for Bitcoin.com News about the disruptive protocols emerging today. Michael Jordan and Son Reveal First Tech Venture, Heir Platform to Feature NFTs and Leverage Solana NEWS | 4 hours ago Game Developer Moonray PBC Raises $3.5 Million, Aims to Bring NFT and Blockchain Gaming to Bitcoin NEWS | 9 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleThe NFT Universe Now Has Its First Goddess: IRIS Next articleMichael Jordan and Son Reveal First Tech Venture, Heir Platform to Feature NFTs and Leverage Solana Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItFlorida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees


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