Fresh off its first birthday celebreation, NFT marketplace aggregator Rareboard is bullish on BNB Chain. Here’s what Growth Lead Luke Rare had to say.
Rareboard Accounts for Significant NFT Volume on BNB Chain
Coming off Rareboard’s recent “Birthday Mega Contest” marking the NFT Marketplace Aggregator’s first year in existence, the project’s Growth Lead Luke Rare said they are extremely bullish about Non-Fungible Tokens (NFTs) on BNB Chain.
“We saw a 600% growth Quarter on Quarter for BNB Chain NFTs from Q1 to Q2 to this year, according to Messari data, with Rareboard accounting for 1/5 of that volume through its Aggregation and Launchpad,” Rare told BSC News.
He feels the growth on the chain comes from a mixture of places, one of them being the PancakeSwap’s PancakeSquad collection, the creation of which spawned Rareboard.
Rare said the Squaddies NFTs account for more than 150,000 BNB (about $200 million) volume on their own, dwarfing all other projects. Their recent volume has increased with PancakeSwap adding private sale allocation to their IFOs to Squaddie holders.
Apart from that, other impressive collections have brought their own innovations, such as PixelSweeper, which has swept more than 200 Squaddies and has had over $3 million of volume itself, Rare said.
There are also the dynamic NFTs from Moonpets and Mint Pass successes fromthe Gooodfellas group. Rareboard has also been added to the MVB5 accelerator and has received a grant to become a core NFT aggregator on BNB Chain.
Rareboard is most likely to focus the grant proceeds on building non-revenue-generating features, such as their analytics.
Rareboard’s Birthday Mega Contest concluded on Oct 11., with one lucky winner walking away with NFTs worth nearly 9 BNB (nearly $2,500). The contest featured 40 NFT collections, including the BSC News NFT.
What Is Rareboard:
Rareboard is an NFT Marketplace Aggregator & Rarity Dashboard built for projects housed on the BNBChain. It also provides a platform where users can mint, buy & accept bids on NFTs from multiple marketplaces at no extra cost.
What Is PancakeSwap:
PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain. It offers users various features such as Liquidity Pools, Swapping, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT profile system, and many others.
In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on the BNB Chain.
Where to find PancakeSwap:
Source : bsc.news
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