SmarterWorx is set to dominate the NFT market in 2023, along with Solana and Binance Coin
Markets and auction houses like Sotheby’s have been around for more than 275 years, testifying to art’s long history as a form of investment. Only recently, however, has art’s valuation been studied in depth, making art an investment option only for a select few.
That’s where SmarterWorx comes in, the first blockchain-based platform for investing in fractional pieces of artwork available to everyone. This cutting-edge gem, along with Solana and the Binance coin, is expected to rule the NFT industry by 2023.
Introducing SmarterWorx
A first of its kind, SmarterWorx is a global investment platform that makes blue-chip art available to the general public as an investment opportunity. The site democratizes the art industry by offering ownership stakes in multi-million dollar works of art by some of the world’s most valued artists.
Artwork of any kind that SmartWorx purchases is converted to NFTs and offered for sale on the SmarterWorx Marketplace. You can hold or trade your art shares on any NFT platform in the world after you buy them.
The ARTX token, backed by a portfolio of contemporary art and its digital duplicate, will serve as the platform’s native currency. The funds the project collects through purchase and sale fees, NFT sales and token burning will be used to continuously expand the portfolio, which will further help mitigate the effects of market volatility while promoting a sustainable ecosystem.
The ability to invest in fractional shares, made possible by SmarterWorx, eliminates many of the problems that come with traditional art ownership, such as securing preservation, paying for periodic appraisals, and worrying about the authenticity of a piece. The skilled experts at SmarterWorx will be responsible for investigating the artwork’s value and authenticity, as well as for storing and possibly selling them.
SmarterWorx has started its ICO sale and the ARTX token is now worth $0.004. The pre-sale strategy is dynamic in nature, meaning prices will grow at each stage to give early investors the best chance to profit from the project’s debut.
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Solana’s potential in the NFT industry
Solana presents a hybrid consensus architecture that combines a revolutionary PoH (Proof of History) algorithm with PoS (Proof of Stake), and claims to compete with TradFi payment processors such as Visa. Some believe that Solana is the first blockchain project that can scale to meet global demand. On average, Ethereum processes 13 transactions, while Solana can process 65,000 transactions per second.
Solana may have compromised decentralization for scalability. Yet it has proven to be the most crucial reason for the network’s success as it allows for more users and faster, cheaper transactions. Its scalability and incredible speed also make Solana the best option for embossing and manufacturing NFTs.
>>BUY SMARTERWORX TOKENS HERE<
Binance NFT marketplace
Binance is a popular cryptocurrency exchange and one of the largest centralized NFT marketplaces. Users can buy, sell and trade digital assets such as video game currency, digital real estate, digital art and more.
The Binance NFT marketplace’s flat fee of 1% on all transactions is lower than several other major NFT marketplaces, making it one of the most favorable options and also showing a bright future for BNB, Binance’s native coin.
The bottom line
2023 promises to be an excellent year for the NFT market, with major players SmarterWorx, Solana and Binance Coin set to take the lead. As NFTs gain wider acceptance and traction, these initiatives will undoubtedly be at the forefront of the market, helping to shape the future of digital assets.
Learn more about SmarterWorx:
Use discount code ARTX5 for 5% off your next purchase!
Advance sales:
Website:
Link tree: https://linktr.ee/smarterworx
Disclosure: This is a sponsored press release. Do your research before buying cryptocurrency or investing in projects. Read the full disclosure here.
