Expansive non-fungible token (NFT) marketplace Rarible has announced its intention to integrate the Tezos proof-of-stake blockchain to help with reducing the gas costs of minting, buying and selling NFTs, along with supporting secondary sales of other live Tezos projects.
The Cross-Chain Future of NFTs
On December 15, Tezos became the third blockchain to be supported by the Rarible multichain marketplace, joining the ranks of Flow and Ethereum. The marketplace is still in the process of onboarding many more chains in order to expand the collections their users can access. According to Rarible CEO and co-founder Alexei Falin, integrations with Solana and Polygon are up next.
Rarible firmly believes that the future of NFTs is cross-chain, and that interoperability is the key to a streamlined, successful NFT ecosystem. We have seen many alternative blockchains gain traction in the NFT space for their unique offerings, specifically Tezos for its low costs and energy-efficient minting process through proof-of-stake validation.
Rarible CEO Alexei Falin
Partnership About More Than Just Reduced Gas Fees
The partnership brings more than reduced gas fees to the table. To celebrate the partnership, Rarible will host an exclusive Tezos community drop titled ‘Blazing Futures’. Curated by Diane Drubay, it will offer 10 interpretations of the future of art, society and crypto.
Also coming to Rarible thanks to the Tezos blockchain is its latest offering Digits, in partnership with French gaming studio Ubisoft. The latter has just launched Ubisoft Quartz, a platform for players to acquire Digits, the first NFTs playable in AAA games, starting with Tom Clancy’s Ghost Recon: Breakpoint.
Digits are released as part of limited editions, each representing a host of in-game items. However, the gaming community isn’t as excited about Digits as the NFT community might be. Rarible will immediately support secondary sales for Digits, meaning that players that missed the drop can still acquire those playable NFTs.
Phase Two of the Integration
Phase one, which is already live, enables you to mint, buy and sell NFTs as part of the Rarible collection and trade the Ubisoft Digits NFTs.
Phase two, to be released shortly, will introduce additional features, namely the ability to mint your own collection via custom contracts and add royalties to imported collections such as Tezzards, Gemz and other exciting projects that have emerged on Tezos over the past couple of months.
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