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MetaX Joins the NFT Market

MetaX Joins the NFT Market

MetaX, a creator of the metaverse and web3, revealed on Tuesday the launch of its basic NFT marketplace, which will serve gaming-related NFT projects based on the metaverse and blockchain.

“We are thrilled to see the marketplace come to life as we had envisioned it, because gaming runs through Japanese blood, we’ve dedicated a portion of our capital to developing and expanding the blockchain gaming sector and startups” said Jun Kawasaki, founder and CEO, MetaX.

The business announced in a tweet to its followers the three metaverse and GameFi projects that will be available on its marketplace. The debut offerings for the MetaX NFT marketplace have been identified as NFT Worlds, Axie Infinity, and Joyride Games.

To address the challenges of volatility and mistrust among cryptocurrency consumers, the Kawasaki-led company has embraced the Binance Cloud, a premier solution that enables the launch of crypto exchanges. The system enables 100% secure transactions between users.

MetaX’s market relies on the solid-future projections of NFTs and blockchain technology, which estimates a tremendous potential for GameFi, a combination of gaming and finance utilizing blockchain technology and NFTs. As of June 2022, the GameFi industry has completed approximately 1,551 projects, ranging from lottery-style games to MMOPRGs, or multiplayer online role-playing video games. The marketplace will have a free financial listing system with a 2.5% sales fee, a 1.25 % referral fee, and a 5-10% creator royalty. The initiatives are designed to entice global NFT projects to access the Japanese market, obtain exclusive insights, and participate in MetaX events.

MetaX now joins a select group of exchangers that specialize in the metaverse and GameFi. The developer intends to be a market leader in the metaverse, NFT, and GameFi markets.

About Nicolle

She is an Indian Freelance writer. She loves thinking, learning, and writing about all things Web3.

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