Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Artrade is the first NFT Marketplace mobile app for the Solana blockchain. The conception of this application started with the realization that the digital asset market is too complex for the average user with little or no knowledge in the crypto and blockchain sector. Thus, Artrade proposes to democratize the access and purchase of NFTs via a simple and intuitive platform. The latest developments around Artrade are very positive: with a committed and growing community of artists and an ICO in progress, Artrade is on its way to becoming a leading player in the NFT market.
Unique features for an innovative marketplace
The app will be available on desktop and mobile to be accessible to everyone. The connection is made through your Twitter or Instagram identifiers. Consistent with a logic of simplification and democratization, it will be possible to buy NFTs on the platform through a credit card or with cryptocurrencies through your wallet.
As far as the platform’s fees are concerned, Artrade has chosen to align itself with one of the market leaders, Opensea, by taking 2.5% as a commission on each sale.
Little bonus, the platform is also eco-friendly and ethical, thanks to their Climate Partner partnership.
Artrade: a social network?
Artrade is the best of Opensea mixed with Instagram. The application is designed to work as a social network thanks to its “live,” “real,” and virtual gallery features. Thus, users and artists can, for example, make lives of themselves or scenes to turn them into NFTs. The “Live” functionality is an exclusive technology of Artrade, which has been patented. The creation of NFT can be done in a few seconds for a few cents.
In the same way, users can exchange with each other via the chat feature. It is also possible to browse through different profiles, like Instagram, to see which NFTs the user likes and which NFTs they have for sale.
On the artist side, the platform has already managed to attract about 15 talents and ambassadors to make exclusive NFTs. An ambassador campaign is currently underway to recruit other artists.
Thus, this tool will become a must-have for designers who have difficulty keeping up with other platforms such as Opensea, which remains very unintuitive for the general public.
The progress of the ICO
Artrade is currently organizing fundraising via an ICO. The $ATR token, the platform’s utility token, provides access to unique benefits while allowing holders to participate in strategic decisions. 900 million tokens will be distributed during this ICO, representing 50% of the total offering.
The ICO is organized in three funding rounds:
- The first round, which took place from November 15 to December 15, focused on structuring the platform through the development of the first version of the application, strengthening human resources, and acquiring equipment. 150 million tokens were sold during this first round.
- The second round will end on January 20 and will focus on positioning the firm as a fintech: as such, it will involve deploying the necessary resources for Live and Real functionality, the integration of new blockchains and art financing. The terms of sale are as follows: the price of a token will be set at USD 0.03 with a minimum purchase of USD 250 with one month of cliff and four months of vesting. 300 million tokens will be put on sale for this round. Note that the tokens can be recovered very quickly, unlike many other similar sales operations, where delays can reach up to a year or more.
- The third round will start around January 24 and aims to launch the platform internationally through international communication efforts, partnering with luxury brands and strengthening security. The token price will be USD 0.04 with a minimum purchase of USD 150, no cliffs and no vesting, and the tokens will be allocated to the listing directly. 450 million tokens will be offered for sale in this final round.
The team has already raised over USD 3.6 million, including USD 1.5 million in the first round of the ICO.
Disclaimer: This article is promotional content and does not constitute investment advice. Do your own research and only invest money you can afford to lose.
Follow the project’s news on its social networks and on its website: https://artrade.app/.
On Twitter: https://twitter.com/artradeapp
On LinkedIn: https://www.linkedin.com/company/artrade-app
On Telegram: https://t.me/ArtradeFR
On Instagram: https://www.instagram.com/artrade.app/
