Non Fungible token (NFT) marketplace Rarible reportedly disclosed details of its official integration with proof-of-stake blockchain Tezos on December 15th.
Specifically, the freshly finalized integration will reportedly make it possible for Rarible to roll out Tezos NFTs on its marketplace, as well as offer assistance for secondary sales of live Tezos initiatives while allowing users to mint low-fee NFTs.
Rarible’s integration with Tezos will reportedly be the third case of a layer one blockchain assisted by the platform, following Ethereum and Flow, Dapper Labs’ blockchain network that powers NBA Top Shot.
Integrations with Solana and Polygon are down the pipeline to be completed next, as included within the scope of Rarible’s initiative to develop a multi-chain platform, dedicated to the consolidation of the NFT sphere.
“Rarible firmly believes that the future of NFTs is cross-chain, and that interoperability is the key to a streamlined, successful NFT ecosystem. We have seen many alternative blockchains gain traction in the NFT space for their unique offerings, specifically Tezos for its low costs and energy-efficient minting process through proof-of-stake validation.”
The integration will reportedly be introduced in a two-phase fashion, per the firm. facilitating features for minting has already been released, along with purchasing and selling new Tezos NFTs, and trading on the secondary market, beginning with in-game metaverse collectibles dubbed Digits, from legacy gaming organization Ubisoft.
Next, Rarible reportedly aims to mint new collections via custom contracts and establish royalties for imported collections that had previously existed on Tezos.
Rarible and Tezos have further introduced an inaugural NFT collection, goes by the name “Blazing Futures”, curated by Diane Drubay, founder of We Are Museums and a minter of NFTs on Hic Et Nunc. The Blazing Futures drop features exclusive-to-Rarible work from 10 Tezos-based artists.
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