According to data from Reuters, the global NFT market has seen a tremendous growth in 2021. Global NFT sales exceeded $10.7 billion in Q3 2021. Gate.io, a dedicated NFT Magic Box marketplace, has created a new initial NFT offering (INO). This is to help everyone, including exchanges and startups, shift their focus to NFTs.

“The launch of our new dedicated INO platform on the existing NFT Magic Box marketplace, we at Gate.io aim to empower artists and creators while helping them showcase their artwork to audiences across the world. Inversely, Gate.io users will get early access to new NFT collections by investing in up and coming talent,”
said Marie Tatibouet, Chief Marketing Officer at Gate.io

NFT Magic Box has seen a significant increase in traffic and usage since Gate.io’s launch. OpenPunks launched in October as one of the world’s first community-driven NFT collections, and become a cornerstone of the platform. Gate.io now supports multichain NFT Magic Box which allows users to display and trade NFTs using several protocols and Tron protocols. Official certification has been granted to NFT series like Bored Ape Yacht Club, which allows users to trade Apes via NFT Magic Box.

Projects listed on INO platforms will initially be subject to strict vetting. The platform can only accept projects which have been audited and approved by Gate.io. Gate.io will allow members to vote, support and access high-quality long-term projects.

As Gate.io continues to support original creations in the NFT space, NFT Magic Box features official certification tags for creators to show their ‘Official Portfolio’ and ensure users access the correct collection. By submitting an online application, creators will be granted official certification. The official certificate gives creators more traffic and funds while also allowing them to access the large liquidity offered by the Gate.io ecosystem.

Continue reading on DailyCoin