Singapore, Singapore , Oct. 06, 2022 (GLOBE NEWSWIRE) — Upstairs, a custody-based NFT marketplace that curates only the most exclusive, utilitarian and reputable NFTs has been launched with the best user experience. The phenomenal rise of NFTs in recent years surprised many, but experts and enthusiasts long believed in the potential of this domain of the blockchain space. The most expensive NFT to date was sold just a few months ago for a whopping $91.8 million. And there are several others who fetch millions of dollars in the market. The meteoric rise led to increased interest in the domain and attracted more investors. But the lack of reliable marketplaces significantly hindered the mass adoption of NFTs. The few options that seemed reliable had a high transaction fee, another major deterrent. Also, most decentralized NFT marketplaces do not offer a user-friendly interface and are often considered a bit too complex by new users.
But this is changing with the release of Upstairs, an NFT marketplace that aims to transform the entire user experience game for good and put users’ interests at the top. The user interface has been kept simple enough to allow even those new to the space, with little or no understanding of Web 3.0, crypto wallets or blockchain, to easily create NFTs.
Upstairs is one of the best NFT marketplaces developed to date and will officially launch to the public on October 10, 2022. The platform features multi-chain integration and supports ETH and BNB chains for deposit and payment, allowing users to explore and trade a extensive selection of NFTs on different blockchains. CertiK also audited Upstairs’ smart contracts.
Upstairs aims to eliminate the common problems of other platforms, while offering a simple and interactive user interface, as well as a seamless registration process. Users can easily register with an email address and start trading NFTs, unlike other platforms with an extensive and intricate registration process.
Above will only list the most exclusive and curated collections, some with included tools, from the most renowned artists. The platform has already partnered with big names in the industry, including Zhang Chi, Huteford and Yang Ga, among others. They are all skilled artists with a massive following on social media and users go crazy for their creations. Before each listing, Upstairs will sign a contract with the IP source and artist to ensure exclusivity. And anyone fairly familiar with the space will realize how exclusivity drives the value of NFTs.
The platform offers several exciting functions, all in line with today’s market dynamics and user requirements.
- Lowest fees: Upside recognizes the importance of low transaction fees and as a result has kept it at 6%, which includes both royalties and platform fees. Also, there are no gas fees, achieved through the integration of Layer 2 technologies in the backend, or hidden costs involved whatsoever, making it one of the most cost-effective NFT marketplaces to trade.
- Improved accessibility: Upstairs aims to be the most accessible platform for the community and uses features such as bulk buying and selling. It allows users to make payments in fiat currency. Moreover, it supports multiple languages, thus making it accessible to people all over the world.
- Multi-payment options:
- On top of that, it allows users to deposit money directly via crypto exchanges, thus simplifying the entire process.
- For those without crypto holdings, Upstairs also allows the use of regular credit cards, both Visa and Master.
- The platform has already partnered with XanPool, Alchemy Pay & Simplex to offer seamless local payment options.
- Upstairs also plans to add many more payment gateways in the future, and users will surely find the one they prefer the most.
- Additional rewards: Profits from trades are usually not enough for users, given the volatility of the market, and additional rewards play an important role. Upstairs offers a referral and automatic rebate program to increase earnings and further cut transaction costs. With Upstairs, users can earn as high as 2% rewards through the rebate program, which is still a distant dream on most marketplaces.
- Region-specific development: As discussed earlier, Upstairs intends to become the most important player in the NFT market. And to achieve this, it will deliver curated content to users in different parts of the world. Whether it’s a historic piece of art or a trendy piece of fashion, everything will be available as collectibles on the NFT Marketplace.
- Bet: Betting has recently become one of the preferred investment strategies, given that it provides stable and regular profits. Users of Upstairs can stake tokens earned from trading and establish a steady flow of funds.
- Real-time statistics: Trading requires detailed knowledge of the various aspects involving NFTs, including real-time data. Above has it clear and arranged in a systematic order for quick understanding. Users can identify the rarity of an NFT, verify its rank and check its sales volume.
And that’s not all! Upstairs has also used the most advanced security protocols to provide complete safety and security. The collections listed on the marketplace are also pre-verified for authenticity to ensure user peace of mind.
Another important aspect of NFTs that Upstairs wants to tap into is their real utility. Most of the NFTs available out there are nothing but digital art just stored in your wallet. But the ones available on Upstairs can be used in games, and many will have real-world applications. Also, the value of each chip will be justified based on past trading and the benefits it can offer.
As co-founder and CEO of Upstairs, Rex Teo mentions, “The purpose of Upstairs is to reduce blockchain complexity for all users by bridging Web3.0’s technologies to Web2.0’s domain, allowing every user to trade NFTs with seamless go -two options.”
“The NFT industry is clearly going to be an important component in the future of digital collectibles. We look forward to revolutionizing this industry with Upstairs”
Upstairs has created a team of dedicated professionals, partnered with artists and collaborated with the best marketing and legal entities to ensure the long-term sustainability of the platform and for its further development. The team consists of experts in all fields, which apparently becomes evident when you use the platform. The simple and straightforward user interface, fast processing, seamless transactions and abundance of features are all proof of the effort that has gone into the development of Upstairs.
So, for those planning to invest in NFTs or acquire some as collectibles, Upstairs will be a perfect choice! A wide variety of collections will be available on the platform after the launch on October 10, 2022. The next few days may keep many restless, but remember that Upstairs is worth all the wait.
To find out more about Upstairs, visit the official website:
Also follow Upstairs on all available social and interactive channels to keep up to date with the latest developments on the platform.
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Disclaimer: There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or other product or service in this article. This is not investment advice. Please do your own research.
Media contact:
Ian Chong
Company: Upstairs Research
Email: [email protected]
Place: Singapore
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