NFT.com launches public beta version with NFT profile concept

02/16/2023 14:02 • Metaverse Matters • 130 views

It is reported that NFT.com, the social NFT market, released a public beta version, and did not charge transaction fees during the initial test. NFT.com said that it introduced the concept of using NFT to represent social data, called NFT Profile, which also includes the market that supports the purchase and sale of NFT, and supports the transaction of NFT through other NFT aggregators. NFT.com said that more than 9000 created NFT profiles and 9.7 million NFTs have been accumulated in the previous closed test version.

The social NFT market NFT.com released the public beta version, and no transaction fee will be charged during the initial test

Analysis based on this information:

NFT.com has recently made headlines for releasing a public beta version of their social NFT marketplace. During the initial test, NFT.com did not charge transaction fees, which has garnered attention from enthusiasts and business-minded individuals alike. This indicates a potential shift towards a more democratized and decentralized market, where transaction fees are no longer a barrier for users.

One notable feature of this platform is the introduction of the NFT Profile concept. NFT profiles aim to represent social data through NFTs, and it includes a market that supports the purchase and sale of NFTs. The platform also facilitates NFT transactions through other NFT aggregators, creating a more streamlined and interconnected NFT ecosystem.

As of the previous closed test version, NFT.com reported accumulating more than 9000 created NFT profiles and over 9.7 million NFTs. With these numbers, it is evident that the platform is growing at a steady pace, highlighting the growing demand for NFTs and its potential for future mass adoption.

The NFT profile concept also opens up a wide range of possibilities for creators and businesses, as it allows them to showcase their social data through NFTs, which can potentially increase their brand value and recognition. Moreover, the absence of transaction fees during the initial test period incentivizes more users to participate, which could lead to a more significant and diverse user base in the future.

In conclusion, the launch of the public beta version of NFT.com, along with the introduction of the NFT profile concept, signals an exciting development in the NFT ecosystem. This platform has the potential to democratize the market and pave the way for more innovations in the crypto space. As such, it is a platform to watch out for in the coming months, as it continues to evolve and address the emerging needs of the NFT community.

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