🌟 NFT Bazaar Has Joined Hands with Duet Protocol and Zerogoki to Accelerate Its NFT Ecology Construction Plan
Jacking News Snapshot
NFT Bazaar (nftbazaar.network) is thrilled to announce that it has partnered with Duet Protocol, the leading synthetic asset protocol of empowering traditional assets to migrate to high-growth crypto-assets, and Zerogoki, a leveraged synthetic assets minting platform based on the algorithm-pegging model derived from Duet Protocol, to suite with growing demands of major NFTs communities by exploring collaborations in expanding both parties’ NFT and Decentralized Finance (DeFi) landscapes.
In this monumental partnership, NFT Bazaar will be served as the NFT infrastructure, with its well-round data aggregation and market trading functionalities, that paves the gateway of digital users to the emerging NFT and Metaverse world, introducing and incorporating Duet Protocol into its platform and ecological system to offer users a diverse set of NFT applications and services through organically integration with DeFi strategic advantages. Meanwhile, armed with Zerogoki’s platform-level minting and transaction capabilities, now that all kinds of digital artists, NFT collectors and creators can embrace a more user-friendly, reliable and highly usable experience in the NFT Bazaar Integrated Ecosystem.
Opportunity of Collaboration
In the first half of 2021, NFT Bazaar has already collaborated with several music, digital arts and gaming industry influencers and projects, and it is a pioneer in exploring the combination of valuable RWAs (real-world assets) with NFTs. Duet Protocol and Zerogoki will join efforts in exploring a wider and deeper collaboration with NFT Bazaar through this partnership to further widen the range of tokenized assets and providing liquidity and usability DeFi solutions to NFT collectors.
In the meantime, NFT Bazaar’s MAU (monthly active user) has reached the threshold of 50,000 with technical compatibility with Polygon Matic Network enabled since September that make it imminent to be supported by trustworthy, highly usable and reliable Layer 2 scaling plans and DeFi Solutions.
“In this cooperation among NFT Bazaar with Duet Protocol and Zerogoki, we plan to not only benefit for our existing users but have potential meanings by focusing on technological sharing and innovation on Decentralized Finance building a faster and more robust foundation for the decentralized web and DeFi ecosystem as well”, said by NFT Bazaar Marketing Team.
What Are the Significances?
As the industry matures, the playbook to bring RWAs into the crypto world will be solidified, however here and now, we are still researching and marching bravely to the decentralized shadow economies by intrinsically linking to the real world value of music streaming, gaming, digital arts and so, those numbers that define the fortunes of breakthrough hit-makers.
Synthetic assets, with value reflected from their real world counterparts allows not only DeFi users but NFT collectors to gain exposure to the crypto yield as well, while showcasing many potential financial markets that anyone can participate in and has a material dollar value.
In a word, all parties will dedicate to investigating additional NFT values and its ecological application scenarios, as well as new opportunities for NFT-DeFi ecology, the crypto market, and the Metaverse. 🧑🤝🧑 🌎 🚀
About NFT Bazaar：
NFT Bazaar (https://nftbazaar.network) is one of the most-used aggregators that offering up to hyper-efficient NFT markets to benefit not only NFT token holders, but digital artists, musicians, gamers and all kinds of lovers as well, while providing one-stop NFT issuance, bidding and exchange platforms with ease.
NFT issuance and transaction functions have now been officially launched in May 2021, with updated compatibility functions of enabling other major protocols & smart contracts in September. NFT Bazaar has never failed to becoming your handy NFT aggregator as well as exchange platform full of vitality, with full access to the Ethereum ecosystem, and compatible for Polygon Network (Matic Mainnet) and more major projects issued elsewhere available for transactions with multiple major digitalcurrencies, for instance, zUSD, Matic, USDT, etc.
At present, NFT Bazaar has collected 50,000+NFT contracts and 520,000+ on-chain transaction data, covering 9 categories such as art, collections, virtual world, sports, music, and games. The transaction data is updated in real time, which is far ahead of other similar platforms. In terms of transactions, it is estimated that the platform can support 1,000+ TPS and platform GMV will reach 1,000,000 US dollars/month. Although NFT Bazaar was just launched in 2021, it has fully achieved a marvelous average figural record of weekly UV 7,000+ and PV 10,000+, which further expected to reach MAU 50,000+ by the end of 2021 as to rank among the top 15 global NFT platforms.
Specifically for the Project Zero NFT series, NFT Bazaar has got the full support from three industry pioneers, Zerogoki, Duet Protocol and Muse Museum. If you want to know about us and our partnership networks, welcome to join us at:
About Duet Protocol
Duet is the world’s first multi-chain synthetic asset protocol with a hybrid mechanism (over-collateralization + algorithm-pegged) that “sharpens” all assets to be traded on the blockchain. Duet protocol will allow traders to replicate the real-world tradable assets in a decentralized finance ecosystem.
Duet’s vision is to build an on-chain parallel financial world governed by DAO that allows users to create & allocate capital to ANY assets.
Zerogoki is a trading platform for derivatives deployed on multi-chain and based on an algorithmic anchor mechanism to create leverage tokens. A pilot version from Duet Protocol, Zerogoki can provide users with leverage tools for both emerging and traditional assets such as Crypto, Gold, Bonds, or even Metaverse Index. Users can use the platform token REI to cast leverage tokens or use the protocol’s synthetic dollar anchor asset-zUSD to buy leverage assets directly. Going forward, Zerogoki will also provide novel financial derivatives, offering users more vehicles to mint or trade as well as more earning strategies for other participants.