Global cryptocurrency exchange Poloniex has announced a partnership with leading non-fungible token (NFT) marketplace APENFT.
The two have joined forces as part of their share vision of the metaverse, in which NFTs will play an integral role.
Shaun Scovil, General Manager of Poloniex said: “We are thrilled to be partnering with APENFT to directly contribute to the building of the NFT space and Metaverse.”
“This partnership leverages our shared potential to increase the reach of NFTs and further develop the industry. NFTs, in particular, are exciting because they have such a wide range of potential applications.”
APENFT, the world’s first ‘NFT art foundation’ is now live on the Poloniex website and mobile app.
The alliance allows users to access and trade NFTs on Poloniex through the newly integrated one-stop NFT marketplace.
According to their trading volume, users can get exclusive rights on Poloniex by obtaining Genesis NFTs and TRON ecosystem NFTs such as BAYCTron, MAYCTron, and TronMeebits.
APENFT and Poloniex also marked the collaboration with an exclusive promotion.
Indeed, 1,000 H.E. Justin Sun’s unique limited edition NFT covers, designed by Valuart x Vanity Fair, were made available for purchase at 999 TRX each.
From the promotion, APENFT aim to raise a prize pool of 200,000 TRX for these NFTs, and Poloniex will airdrop $25 futures trail funds to users who acquire them.
Sydney Xiong, Director of APENFT: “We are very excited to reach the partnership with Poloniex. It is a great opportunity for both APENFT and Poloniex to build a metaverse in the crypto market,”
“Committed to spearheading the metaverse era, APENFT will continuously support promising creators with meta and real exhibitions and invest and incubate marvelous NFT and GameFi projects worldwide. With the extensive experience of Poloniex, together we will expand the global crypto market and explore even more potential for the world of metaverse.”
Backed by the TRON network’s underlying technology, APENFT’s marketplace features zero initial transaction fees and minimal gas fees.
The NFT marketplace aims to build a bridge between world class art and the digital realm, as part of their vision to integrate the real and virtual worlds seamlessly.
In the future, APENFT promised that all their NFT collections will be made available through a series of curated online exhibitions in the metaverse.
Poloniex has been in operation for almost a decade and by integrating the APENFT marketplace, they’re pushing the mass adoption of NFTs and the metaverse.
Poloniex’s services are available to users in nearly 100 countries and regions with various languages available, including English, Turkish, and Vietnamese.