BOXVERSE starts to enable the Solana blockchain.
BOXVERSE can mint, buy, and sell NFTs on the Solana blockchain.
Our goal is to build a multi-chain NFT marketplace and build a one-stop crypto platform, and Solana is our second supported blockchain after WAX!
More blockchains will be added to our BOXVERSE in June.
What is Solana (SOL)?
Solana is a high-performance open-source project built on the license-free nature of blockchain technology, providing a variety of decentralized finance (DeFi) solutions. Conception and preliminary work on the Solana project began in 2017 and was officially launched in March 2020 by the Geneva, Switzerland-based Solana Foundation.
Solana is gaining traction among small traders and institutional traders for its innovative hybrid consensus model. Solana Foundation has a clear goal of making decentralized finance accessible on a larger scale.
Solana Token
Solana Token is the native token of the Solana network and is used for governance, payment, payment of transfer fees (0.000005 SOL per transaction, less than 0.1 cents), and staking SOL tokens to run nodes to verify transactions and ensure the security of the Solana network.
Of course, SOL is also used in Solana’s ecology, whether it is for trading with cross-chain assets or for minting NFTs. Thanks to the complete ecosystem of Solana, the usage scenarios of SOL are very broad.
The rise of Solana NFT Ecosystem
While Solana’s original vision was to compete with Ethereum in the DeFi space, it has begun to extend its scalable reach into other Ethereum-dominated areas, especially NFTs.
As the Solana ecosystem continues to expand, NFTs on Solana as a category are also witnessing phenomenal growth. Total secondary sales of NFTs on Solana have officially reached $500 million.
Solana, as the blockchain ecological platform with the eighth largest market share, has developed quite well. In addition to having a variety of smart contract applications, coupled with its low gas fee, more and more people begin to turn their attention to Solana, especially in the field of games and NFTs, which is more amazing than other blockchains. So we decided to introduce Solana’s NFT at this point in time to allow our users to enjoy more NFT market functions.
BOXVERSE SERVICE
Multi-Chain Support
- The NFT BOX of BOXTradEx is integrated with several popular public chains to provide API services to our customers such as traditional online games developers and operators.
- Currently, the team is working on the integration of multi-chains i.e. WAX, ETH Layer-2, SOL, Polygon, and BSC.
Multi-Token Settlement
- Tired of exchanging tokens every time? You can use the token you have to buy & sell NFTs in BOXVERSE. No longer spend ETH or the token you treasure.
Mint Service
- Using our API service, users can mint and issue NFTs through the APP as well as mint blind boxes and set royalties without directly interacting with smart contracts.
NFT Wallet
- Now you can deposit NFTs on SOLANA and WAX blockchain into the BOXVERSE wallet
- Support for more blockchain NFTs coming in June
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About BOXTradEx
BOXTradEx is a one-stop crypto platform to bridging real world to a crypto wonderland, mainly support all of the crypto asset trading services in the platform, such as spot trading, automated trading tools, fiat-to-crypto service and NFT marketplace. We aim to build a crypto-platform not just with forward-looking concept to providing entry-level products and services for everyone, also firstly based on security and legal compliance.
