Angel Dust, a new BNB Chain NFT Marketplace, launches on PinkSale
What makes Angel Dust a good NFT market project? What will its upcoming PinkSale look like? Learn everything you need to know in this article!
Angel Dust NFT Marketplace on PinkSale
Angel Dust, a new NFT marketplace for BNB Chain users, has announced the launch of its Pinksale event on Thursday, September 22nd.
Subscriptions start at 7.5 million Angel Dust (AD) per BNB, with a hard cap of 3,000 BNB (current value of around $790,000). The AD token will be on the BNB Chain (BEP-20) with a maximum supply of 100 billion AD.
A 5% tax on the token is split as follows: 3% for ecosystem development, 1% for marketing and 1% for the team.
Competing NFT marketplaces
OpenSea is one of the largest Ethereum-based Non-Fungible Token (NFT) marketplaces, including support for Solana, Polygon and Klaytn networks.
Rarible is another NFT marketplace with support for Ethereum, Flow, Tezos and Polygon.
Super Rare, Nifty Gateway, Mintable, Decentraland, Zora, Institut and Foundation only support the Ethereum network.
At Solana, NFT marketplaces include SolSea, Solanaart, Metaplex and Solport.
Ethereum NFT marketplaces are very popular but suffer from scalability issues and high transaction fees ranging from $50-$100. Solana offers lower transaction costs, but has been subject to hacks in the past.
Binance offers a native NFT marketplace and provides lower fees on a high-speed network. Some other popular NFT marketplaces at BNB chain includes Element Market, Inery, Liquidifty, RadioCaca Market, OpenMeta, CUBE and Rareboard.
However, users need to have technical skills to effectively create NFTs on these marketplaces.
How Angel Dust seeks to provide value
The team said the project has many interesting partnerships in the pipeline that will be unveiled on launch day.
There is a need for more and more user-friendly NFT marketplaces on BNB Chain. Realizing this potential opportunity, Angel Dust has come up with an easy-to-deploy solution.
Embossing an NFT on Angel Dust will not require any specialized skills. No coding knowledge is required and NFT will automatically be listed on Angel Dust and other NFT marketplaces. The initial purchase and sales tax of 5% will be reduced to 3% when a market capitalization of $500 million is achieved.