Despace set to rule NFT Marketplaces in 2022

Wed Mar 30, 2022 - 9:27am GMT+0000

New Delhi, India – March 17, 2022

Despace came up to rule the NFT marketplace in 2021 despite the criticism put forward by the community. Despace protocol has been dominant in the decentralized platforms for users looking forward to selling, buying, mint, and trading non-fungible tokens.

The non-fungible tokens (NFTs) are a type of digital asset that uses blockchain to document the ownership of items such as images, videos, tweets, and other collectibles and allows people to prove ownership of digital assets. It stores data on blockchains and most projects built on blockchains. They entered mainstream consciousness in a big way last year.

DeSpace is a cross-chain multi-platform DeFi & NFT aggregator powered by DeChain. It allows users to interact with DeFi protocols from a single web interface where users can mine DES coins when they use the aggregator interface to execute DeFi and NFT transactions.

DeSpace protocol is more than a place to buy an NFT. It is a comprehensive cross-chain NFT and DeFi suite that gives back to users in various ways. It includes “coin bags”. It is the process by which someone buys, sells, or exchanges using the DeSpace platform, and you are paid for it.

The platform has roped Indian celebrities from the world of Bollywood to be part of its Non-Fungible Tokens (NFTs) marketplace. Aditya Narayan, Payal Rajput, Karishma Kotak, Nyrraa M Banerji, Nishant Malkhani, Divya Agarwal, Parvati Nair, and Archana Gupta are a few among the many celebrities who have already signed up with DeSpace to allow their fans to buy NFTs on this platform.

The main focus of the DeSpace protocol is to create a stable, intuitive, and secure system in the DeFi industry for every user, as well as to create value for the NFT cards in their ecosystem.

DeSpace protocol aggregator simplifies the complex world of DeFi and NFT by placing multiple services in one web interface. The users do not have to search different markets and platforms and manage the risks associated with tracking and using them. Instead, the platform offers comprehensive services that give you easy access to the world of profitable cryptography.

The platform has a user-friendly interface that is easy to understand and navigate, with attractive graphics that keep users interested. The platform is fully decentralized, audited, and privacy-focused, making it suitable for private and institutional investors. It is a one-stop shop for anyone interested in DeFi, NFT, and common cryptography.

DeSpace addresses the lack of usefulness behind NFTs by giving them broad utility in the DeSpace ecosystem. For example, an individual can bet on specifically non-fungible tokens (NFTs) to increase token mining yields or receive airdrops based on the NFTs they hold. These NFTs offer a variety of benefits to users and can also be combined with other NFTs to enhance the experience and further enhance the NFT’s utilities.

CEO and Co-Founder of DeSpace, Obasi Francis, says, “We’ve seen exponential growth over the past year. The DeSpace marketplace’s interface is easy to navigate and features NFTs in collections that include art, sports, entertainment, gaming, collectibles, and more.”

“Overall, the popularity of NFTs has skyrocketed in recent years, with the crypto market reaching a $40 billion valuation in 2021,” he added.

Chief Marketing Officer, DeSpace, Micky Irons, says, ” The rise of NFTs and DeFi is a natural progression of how technology is helping humans save their digital objects on a distributed ledger. It is now possible for anyone to not just save his digital files but also trade them with other interested participants without the need of an intermediary.”

The DeSpace Protocol is a perfect candidate for bringing non-fungible tokens (NFTs) and cryptography to a brand-new audience. The current collaboration with Bollywood celebrities has already shown that there is something needed to expand the artist-fan relationship and provide a more powerful platform for NFT assets.

DeSpace creates an ecosystem that values our NFT cards, where one can increase their farming income with the NFTs, which means that every card will add more interest to their farming.

The platform is an advanced DeFi and NFT navigation tool that empowers users with a range of DeFi and NFT products from around the crypto ecosystem, including products, all from a single interface

Contact Info:
Name: Mehul Desai
Email: Send Email
Organization: PNN Digital

Release ID: 89070737