SOTA Finance — Moving toward a multi-chain, multi-wallet, and multi-payment-token platform
Non Fungible Tokens (NFT) has emerged as the most promising use case out of the crypto universe and became a rage among mainstream celebrities including sports stars, pop stars, and artists.
SOTA NFT marketplace is among the first in the crypto universe to support this trend by providing a platform that works on multiple blockchains, wallets, and payment tokens, allowing users to optimize and have the best experience when creating/trading their NFTs. The platform has been adding services to support its partners to easily engage and expand their businesses on the SOTA market. Wallet providers or other partners now only need to provide a minimal technical integration fee (less than $3000) to have their wallets or tokens added to the SOTA platform.
A multi-chain NFT marketplace
SOTA NFT marketplace is currently supporting NFT creation and trading on 5 blockchain networks: Binance Smart Chain, Polygon, Okex, IoTeX, and HECO chain, in which BSC is the first chain that SOTA integrated into their platform to maximize the experience of users when first trying the marketplace.
Upon NFT creating, users will select the blockchain they want at the beginning of the process. Note that the users need to have a small amount of the chain’s native token to pay transaction fees. Users do not need to any costs other than their own blockchain transaction fees at NFT creation. The platform will only charge 15% when the NFT is sold, and 2.5% transaction fees for secondary trading.
SOTA Finance is open to add new blockchain networks for better user experience and more business collaboration.
Wallet integration support
Other than the common wallets such as Metamask or WalletConnect, SOTA has been adding a wallet from its partner recently, ONTO wallet. The team is working on adding new wallets such as Hyperpay and SWFT.
When signing for an account at the SOTA marketplace, users will select the wallet that they want to use, connect and then easily create an account with their existing wallet address.
Payment token integration support
SOTA Finance has been also added several tokens from its partners to be used for NFT payment on its NFT marketplace. Other than the chain’s native token, USDT or BUSD stable coins, and SOTA tokens, the platform will integrate many tokens of its partners.
Users can select to pay their NFTs using these provided tokens when buying NFTs on the SOTA NFT marketplace. While NFT prices are listed in USD, payment amounts are calculated using real-time conversion rates from external exchanges.
Besides, SOTA Finance plans to add a new swapping service to help users convert their tokens easily as part of its payment service.
About SOTA Finance
SOTA Finance is a company that provides NFT related services including the SOTA NFT marketplace, and the NFTA NFT auction and loan market.
SOTA Finance is running the SOTA multi-chain NFT marketplace where users can create and trade NFT easily with their digital content. Users can select the underlying blockchain to optimize transaction fees and market. The marketplace is hosting high-quality NFTs from a large number of artists and NFT content projects.
NFTA Finance is a cross-chain platform that provides P2P NFT auction and loan services, with a focus on high-value content NFTs.
The company targets to become an NFT ecosystem to grow the NFT market to the next level and bring it to mass users.
To learn more about SOTA Finance, please visit SOTA, NFTA, follow their Twitter, and join their Telegram.
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