Based on the latest FTX tweet published today. The world’s top crypto exchange has officially announced the launch of Solana NFT Marketplace. To help NFT artists and collectors get involved with their platform.
Any NFT collection to be transacted in this new market will only be operated on the Solana blockchain network, but in the near future the platform plans to support NFTs on the Ethereum blockchain as well.
FTX.US North American, a subsidiary of FTX, has announced that users will be able to Mint, Remove, Edit and trade NFT on this new marketplace. The platform will be integrated with the main FTX.US platform.
Solana NFT Marketplace charges a fee of 2% from both buyers and sellers or each exchange. along with a $1 fee for Mint or NFT listings.
Unlike other leading markets such as OpenSea, all tokens on the platform use only the Metaplex Solana protocol, thus understanding that platform users are required to comply with strict KYC identity requirements for NFT trading.
Solana NFT Marketplace will support bank transfers and credit cards to purchase NFTs with newly generated tokens in USD, SOL or ETH.
Despite the good news about the launch of the new NFT market, the price of SOL appears to have dropped slightly today, down 5.5% over the past 24 hours. Based on data from CoinGecko.