• AdaSwap launches ADANFT NFT Marketplace.
• ADANFT’s mission is to create value for buyers, artists and ASW token owners.
• AdaSwap hopes to be the largest innovator in the ecosystem as a result.

AdaSwap announced the launch of ADANFT – an exclusive NFT marketplace that aims to provide value for artists, buyers, and ASW token holders. ADANFT features a unique voting system, a tiered structure and will be able to help users avoid the common problems associated with NFT marketplaces.

ADANFT also has a Tier System that will allow it to generate NFT exclusive and rare NFTs. ADANFT users are presented with three tiers at launch based on their ASW token holdings – Silver, Gold, and Platinum. These exclusive NFTs have more value because only those with higher tiers can purchase them. Eventually, the tier system will evolve – implementing user activity, vote participation, and other metrics to provide a strong incentive for the community.

AdaSwap’s Chief Executive Officer Lennon Qualmann said in a statement “In the pursuit of gamifying the AdaSwap DEX we looked towards the new frontier of blockchain technology and changing trends, the NFT realm fit perfectly.”

Our goal is to transform the interaction between NFTs and traditional financial protocols, as well as the trading of NFTs by offering new and innovative ideas.

The ADANFT Voting System ensures that collections and artworks of the best quality are selected. Users can vote each week for the NFT art they like using this system. The community will vote for the best artworks, and moderators from the selected group of users will approve the new collection. This ensures that only the top artworks will grace ADANFT – free of inauthentic rip-offs of other NFT collections.

AdaSwap hopes to be the largest innovator in the Cardano ecosystem through ADANFT. AdaSwap plans to grow Cardano’s relevance in the NFT space, and also bring more users into AdaSwap’s ecosystem. AdaSwap plans to increase the value of ASW tokens that can be traded on GATE.IO by creating more incentive to own tokens.

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