Thursday, October 28, 2021
Home Crypto News Market Amazing First Week Results Of IOTA NFT Marketplace: 1,000 Users, 273 Digital...

Amazing First Week Results Of IOTA NFT Marketplace: 1,000 Users, 273 Digital Artists, 508 NFTs And More

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Hundreds of NFTs, Thousands of Bids, These are the First Steps of IOTA Metaverse of Digital Collectibles.

NFT Marketplace, an IOTA-powered platform for digital collectibles, is launched recently with testnet tokens.

IOTA NFT Marketplace has posted an official announcement on their social media channel stating that the rollout of the product has been successfull.

IOTA NFT marketplace writes:

“After a week, here are some statistics from our IOTA-based NFT Marketplace.

  • Users: 966
  • Creators: 273
  • Created NFTs: 508
  • Successful Biddings: 3700″


966 users registered on the NFT Marketplace and verified their accounts during the first week of testnet. Total 273 digital artists have created and embedded their work in the IOTA NFT market place. They created 508 Non Fungible tokens (NFTs) that are available for purchase by IOTA-focused NFT fans.

Additionally, 3,700 bids of all tokens on IOTA NFT were witnessed. which means each day, the platform receives more than 500 new applications.

IOTA NFT Marketplace has made it clear that its members will work hard to improve the platform’s functionality.

Dominik Scheiner, co-founder of IOTA Foundation, congratulated marketplace team for achieving the first milestones:

Absolutely amazing!


IOTA is being promoted as the best platform to mint NFTs tokens due to its “feeless” operations.

IOTA is not like Tron (TRX), Ethereum (ETH), and other similar platforms. IOTA doesn’t charge fees to activate and deploy NFTs. The IOTA NFT marketplace is currently working on an IOTA testnet using sandbox tokens.

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Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


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