STEPN launches its own NFT trading platform

by dapp_writer005

3 years ago

The NFT trading platform - MOOAR, which is owned by STEPN, is launched. It does not charge transaction fees, but it does have a monthly membership fee of $29.9. The platform utility token is GMT.

STEPN stated that their own trading platform is one of the milestones in their RoadMap. The organization plans to become a multifunctional project for Web3.

The MOOAR platform supports the Ethereum and Solana blockchains. At the moment, it is in PFP NFT format - static tokenized images, used for avatars and in collections.

NFT creators will constantly receive royalties, ranging from 0.5% to 10% (2% by default). As previously mentioned, there are no commissions.

Since a monthly subscription system is installed, this allows us to save money for our customers. And, also, to minimize the risk present on other trading platforms, which is to reduce commissions.

MOPAR has a community-driven launchpad section and uses GMT tokens for survey.

Members of the STEPN community will have free membership access - 1 month. You can subscribe on the website of the trading platform.

In addition, the site contains a rewards program for STEPN clients.

Earlier it was reported that STEPN is reducing the number of employees. And immediately after this news, it became known that the price of the STEPN token fell by 11%.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

Risks and Rewards of Polymarket's Growth Strategy

Polymarket's decision to prioritize growth over profit carries significant risks, including the potential to burn through capital without achieving necessary scale for future profitability. However, CEO Shayne Coplan believes that by establishing a strong foothold in the prediction market industry, Polymarket could become a central hub for a multibillion-dollar industry, making this a high-stakes but potentially rewarding strategy.

Filippo Romano4 minutes ago

Polymarket's Business Model Explained

Polymarket operates like a sportsbook, allowing users to bet on real-world events while redistributing revenue to liquidity providers, which supports user acquisition and market growth.

Emily Carter4 minutes ago

Fragmented Decentralized Storage Enhances Biosignal Data Security

A new approach to biosignal data management involves encrypting and splitting raw data into fragments that are stored across independent nodes, enhancing security and limiting data breach risks.

Tomas Novak10 minutes ago

New Metadata-First Design Enhances Biosignal Quality Assessment

A new metadata-first design mandates that every biosignal carry comprehensive, machine-readable metadata to enhance data quality assessment.

Li Weicheng10 minutes ago

New Cryptographic Attestation Enhances Biosignal Data Integrity

A new system requires that every biosignal be cryptographically signed at the moment of capture, ensuring data integrity and preventing unauthorized access.