EMURGO is recent announced launching artist registration for Fiborite – an upcoming NFT market built on Cardano’s blockchain.
The emerging global technology company is, along with the IOHK and the Cardano Foundation, the founding entity of the Cardano Protocol, which benefits from extensive blockchain development and rapid solution implementation.
Artists and creators can now pre-register for the upcoming launch of Fiborite, EMURGO announced on Twitter.
– EMURGO (@emurgo_io) December 28, 2021
Developed by EMURGO and powered by Cardano blockchain technology and its original cryptocurrency ADA, the soon-to-be-launched NFT platform will allow “socially conscious” artists and creators to connect with buyers and sellers in one market.
The research-driven blockchain that uses the Proof of Stake (PoS) consensus mechanism prides itself on providing “undeniably green, environmentally friendly technology that comes with industry-leading low energy costs”.
As a key developer of Fiborite, EMURGO will use support services for artists, musicians, creators and brands who want to enter the NFT space.
Compared to other NFT markets
Fiborite could attract creators and brands looking for quick exposure to new audiences based on several key factors.
This includes Cardano’s large global community of over 3 million and low transaction fees compared to some other NFT markets – here, paid into the ADA.
On top of that, Fiborite’s simple, “non-tech-focused” UX will allow beginners to easily find their way through the platform’s features – including options for making, buying, selling and trading NFTs.
Recently, Cardana founder Charles Hoskinson spoke about the platform’s upcoming DeFi ecosystem, touching on some of the big projects currently under construction.
In a video on YouTube under the title, “DApps and Cardano DeFi Alliance,” Hoskinson said the first half of 2022 will be “an essential window for the commercialization and usefulness of Cardano projects.”
Meanwhile, the decentralized Cardano-powered exchange (DEX) SundaeSwap has announced that it has completed a security audit in partnership with Runtime Verification (RV) – ahead of its main network debut.
🍨Today we are pleased to announce the completion of the revision of the SundaeSwap protocol! 🔎
– SundaeSwap Labs @ (@SundaeSwap) December 28, 2021
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