Introducing DigiRack, A Cross-Chain NFT Marketplace On Cardano
Hello guys, we will use this medium to introduce DigiRack, A cross Chain Digital Goods & Collectible marketplace.
What is DigiRack
DigiRack is a decentralised Cross-chain NFT Marketplace that would initially be leveraging the scalability, security and interoperability of the Cardano Blockchain to develop a one of a kind, secured and decentralised NFT Marketplace which leverages the multiple benefits of the Cardano Blockchain where users can be able to mint, sell, purchase NFT’s while paying just a fraction of that in fees.
Users can be able to purchase NFTs in an outright purchase transaction or in an auction bid or timed auction.
Features Of DigiRack NFT
There will be lots of interesting and interactive features to be launched on the the DigiRack marketplace which would bolster the trade volumes of Digital Collectibles and also increase the utility of the Rack Token, A Cardano native token unique to the DigiRack Marketplace that would be used to pay for in-platform fees like Featured Listings, token minting and whole lot of other use cases.
When launched users can be able to mint, list and trade any pice of Art, Writing and Photos as NFTs with proof of ownership permanently written on the Cardano blockchain and all these can be done using a user friendly and intuitive interface that will allow for easy navigation.
There Are Other NFT Marketplaces On Cardano Already, What Will Make DigiRack Different?
Yes, we must admit that there are other NFT marketplaces already existing but none have been able to offer the Suite of Services that DigiRack will be offering at main-net launch like advanced two tiered sale royalties for creators, NFT launchpad and so much more.
Some of the features that will distinguish Digirack are:
Low Fees: Unlike some of the big NFT marketplaces like Opensea on the Ethereum blockchain where gas fees are quite enormous, DigiRack will boast of lowest fees associated with the Cardano Blockchain.
NFT Launchpad: DigiRack will be not just be a place to buy and sell non fungible tokens but will also boast of its own NFT Lauchpad where creators can take advantage of the DigiRack launch pad to kickstart and launch their NFT projects with support from the Cardano community.
Personalised Creator profile: Creators can choose to fill in their social media handles like Twitter, Instagram etc to enable other users interact with them on or off the DigiRack platform.
*We will also partner with other NFT naming platforms like ADAhandle to be able to give verified creators a unique profile handle on Digirack.
See it like a linktree for Cardano NFTs, isn’t that great?
NFT Staking: Another exciting feature of the DigiRack NFT Marketplace will be it’s NFT Staking feature section whereby users can decide to stake their NFT’s over a per-determined period of time to gain rewards in the DigiRack’s utility token “Rack” or other projects we are in partnership with to distribute tokens.
NFT Minting Engine: The NFT minting engine will be an added feature of the DigiRack NFT Marketplace, allowing art curators to be able to mint single or collection of arts with just a single click while paying less than a dollar as minting fees.
*In The Future, we plan to introduce a fee-less NFT minting and listing which will require creators to Hold of a minimum pre-defined amount of $Rack tokens can be able to mint and list their NFTs for free.
This is just the first of numerous posts to come, we would release our white paper in the coming days.
Creators and Investors wishing to get early access to our incentivised testate can whitelist and also stand a chance to win a spot in the upcoming $Rack token sale.
Official Project Links
