BUCHAREST, Romania, Nov. 07, 2022 (GLOBE NEWSWIRE) — XOXNO has announced the integration of fiat payments into its all-in-one NFT marketplace, with support for EUR and Romanian RON. The MultiversX-based NFT marketplace launched in early 2022 and currently records a monthly trading volume of over USD 1 million.
XOXNO launches fiat payments
With a thriving NFT marketplace already established on the back of EGLD token payments, XOXNO is expanding to facilitate the use of fiat payments for all users. The integration will allow users to buy and sell NFTs using both EUR and Romanian RON with any Visa or Mastercard.
But the support doesn’t stop at just buying and selling – users of the all-in-one NFT marketplace will also be able to mint new NFT assets with these two fiat currencies. The integration is a big step forward to increase the use of NFTs for mainstream enthusiasts and was made possible by XOXNO partner Twispay, the leading payment processor in Romania.
What is XOXNO?
XOXNO is the largest NFT marketplace and aggregator on MultiversX, formerly known as Elrond. MultiversX is the first blockchain protocol that combines all three (state, network, transaction) shading aspects in an adaptive architecture that maintains the highest level of scalability and security. For this reason, XOXNO chose to build its all-in-one NFT marketplace on MultiversX’s advanced, scalable blockchain architecture.
XOXNO Marketplace
XOXNO’s innovative marketplace offers a huge variety of tools for both users and creators, allowing them to achieve what was never possible before. As the leading NFT marketplace on MultiversX, all major tokens are also supported on MultiversX as a payment method.
Built into the marketplace is an automatic mechanism to distribute royalties on each NFT sale back to the creators. What makes this even sweeter for sellers is that XOXNO has among the lowest fees of all NFT sales, capped at 1%.
Although it has only been in the NFT space for less than a year, the XOXNO NFT marketplace already has a current monthly trading volume exceeding $1 million USD. With all the upcoming improvements to the platform, XOXNO is well positioned for further growth in 2023.
Advanced features
The new support for EUR and RON with Visa and Mastercard is just the latest feature, building on an already impressive platform. This now means that thousands of new users can be onboarded from around the world, finally accessing NFTs, via more traditional Fiat payment methods.
The extra support features added build on the foundation of an already impressive kit. These include:
- Floating sales offers
- Peer to Peer NFT exchange
- Bulk purchase of NFTs
- Private offers
- Bunten sells SFT packages
A unique feature emerging in the Web3 industry now is the concept of NFT staking, and XOXNO has its own advanced NFT staking pools with many options and rewards. Users can now stake their NFTs to earn additional rewards such as $EGLD. Another great feature is the advanced graphs and aggregated analytics that the marketplace developed to help users get an overview of the ecosystem across all marketplaces.
A marketplace for NFT users and creators
XOXNO has put a special focus on NFT creators with the introduction of a self-onboarding launchpad to streamline the entire creative process. In addition to the fact that creators can now create NFTs with fiat currency and all MultiversX tokens, XOXNO has become a suitable marketplace for both hardcore crypto users and casual enthusiasts who prefer to use Visa or Mastercard for payments instead.
The XOXNO NFT marketplace offers users many unique features that benefit buyers, sellers, traders and creators alike. A launchpad for self-onboarding is a fantastic feature for creators and new fiat payments are a game changer for EU users to buy, sell or create their own NFTs. Anyone interested in getting involved can check out the XOXNO NFT Marketplace here.
XOXNO Socials
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XOXNO is the source of this content. This press release is for informational purposes only.
Contact information:
Mihai-Daniel Eremia
[email protected]
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