step (GMT) With its multi-chain service called Mooar, developer Find Satoshi Lab is setting up a zero-fee and mandatory royalty-enabled NFT marketplace, in reverse on the current trend.
STEPN (GMT) Launches NFT Marketplace Mooar
Launched today, the initiative is the third project in the Find Satoshi Lab ecosystem after Stepn, the favorite of the move-to-earn sector, and the decentralized stock market product Dooar.
Mooar thinks it has implemented a unique program with its membership model that offers unlimited NFT transactions for $29.90 per month.
Copyrights for creators will default to 2% or 0.5% to 10%, depending on the rate set by the creator. It will initially be launched on Ethereum and Solana.
The company will allow community members to create and launch their own collections on Mooar’s launchpad.
Stepn’s entry into the NFT marketplace business comes at a time when many other established and start-ups are changing their revenue models and the race to adopt the most competitive wage structures is emerging.
The most famous of these new marketplaces is called X2Y2. The most prominent of these is X2Y2. In the last few months, on Ethereum took about half of the market cap share, but it is not clear how much of it was wash trading, the practice of repeatedly buying and selling the same NFT to create the impression of greater market activity.
By some calculations, X2Y2 and another marketplace, Sudoswap, hold less than 20% of the market share when adjusted for wash trading.
*Not investment advice.
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