Bucharest, Romania, March 07, 2023 (GLOBE NEWSWIRE) — Hypercent today announced the launch of its NFT marketplace built on Kadena’s Marmalade NFT standard. Hypercent is a Kadena Eco grant recipient. The first NFT collection available on Hypercent will be the Alpha Slayer’s Club, a collection of over a thousand NFTs. This collection is curated by Hollywood actor and NFT connoisseur, Cameron Bright.
Hypercent’s platform is built around the social commerce concept where collectors can go beyond trading, and follow each other’s profiles, collections, purchases and even discoveries. To provide an unparalleled discovery experience, Hypercent created a “search as you type” feature based on NFT features. The user can type “necklace” and see all the NFTs that have that property. This feature will unlock the user experience and allow for a more intuitive search process. Hypercent’s proprietary token $HYPE will have multiple use cases in the market.
“With so much interest in Proof of Work NFTs like Bitcoin Ordinals, this is the best time to launch an NFT Marketplace on Kadena,” said Andrei Popa, co-founder of Hypercent. “We invite all the projects that were waiting on the sidelines for a Marmalade-based marketplace to launch their collections on Hypercent.”
The marketplace will feature a number of NFT collections at launch, including the Alpha Slayers Club, a collection of 1,650 NFTs that serves as access to an exclusive community. Owned by Hollywood actor and NFT connoisseur Cameron Bright, the collection gives users access to an exclusive Discord with crypto researchers and personalities. Users can also get early access to sales, new information and countless connections across the industry.
“The Alpha Slayers team and I are thrilled to be part of the first fully functional NFT Marketplace built on the Marmalade standard,” added Cameron Bright. “We have always believed in the Kadena ecosystem along with the possibilities of what Marmalade brings to the NFT industry, with chain realty and interoperability, we can bring our projects and communities to other blockchains while still being based on a truly scalable and decentralized network!”
The Marmalade standard provides the complete infrastructure to launch and operate a next-level NFT marketplace. It offers on-chain royalties, high-quality provenance, no gas taxes and shared ownership that can span platforms. Unlike other standards, Marmalade provides on-chain features for NFTs, so their metadata can be written directly on-chain instead of just being written to the IPFS file. Kadena developed the Marmalade standard to give their ecosystem partners access to a level of technology that rivaled their Pact smart contract language. Pact, Kadena’s smart contract language, was built for interop, making it safe to call other contracts. A ledger of liquidity pools can now be safely used by multiple exchanges, allowing a single PolyFungible NFT ledger to serve the entire market. Because ERC ledger standards do not include records of where and how transactions were executed, each market is effectively a black box. With Marmalade, marketplaces expose standard interfaces, allowing tokens to safely trade across platforms – and even create new forms of hybrid markets. The development of Marmalade was done in collaboration with Kadena advisor Dr. Stuart Haber – the co-inventor of blockchain and the most cited author in Satoshi Nakamoto’s acclaimed 2008 Bitcoin White Paper.
About Hypercent
Hypercent is a multi-token DeFi economy run entirely on the Kadena blockchain, serving as a launch platform for verified projects and helping new developers with onboarding. Started in 2016, Hypercent works to foster community support for projects launched on Kadena, providing them with an easy and fair way to exchange tokens with the Hypercent Wallet. Through the use of their HYPE and Stardust [STRDST] tokens, Hypercent provides allocation to support IDO launches and foster an active marketplace.
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About Kadena
Kadena believes in the potential of blockchain to revolutionize how the world interacts and trades. To realize this vision, Kadena has reimagined blockchain technology and its connecting ecosystem from the ground up. Our multi-chain architecture and complementary tools are designed to make blockchain accessible to everyone – at speed, scale and with energy efficiency previously thought unattainable.
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