Why does MetaTrads stand out as the dark horse of the NFT trading circuit?2022-05-09
Insights into the future
In just a few years, blockchain has experienced rapid development, from the sprout of 2017 to smart contract, DeFi to GameFi in 2020, and just past 2021, NFT is undoubtedly the hottest topic.
Blockchain only accelerate and didn’t stop the footsteps, ensuing NFT2.0, WEB3.0, DAO, RMB is hard to knock on the door of the metaverse. Today, blockchain is to take off the virtual to real, in the large-scale ground, assigned to the eve of the entity industry, and in this critical situation, a blue ocean slowly generated by trillions of markets, become a blockchain ground army cook, it’s called MetaTrads.
MetaTrads is a NFT aggregation trading platform founded by a group of geeks in Silicon Valley, and obtained Multicoin Capital, LATOKEN, Deserve, Flipsidecrypto and other overseas Capital investments, aiming to create the world’s largest NFT ecological value circulation platform, empower decentralized communities at the forefront of WEB 3.0.
As a technology, NFT is still in a stage from zero to one, and it needs carriers and scenarios to bring its value into play. A dizzying array of platforms is the place to host these digital assets, making up the existing NFT market. Of course, NFT has changed metamorphic, the user has made a lot of contribution to unable earning profits, but the heat of the NFT became available financial tools, based on the above established MetaTrads WEB3.0 era, in the face of the various pain points of NFT the present, has made a comprehensive and multi-dimensional innovation, let the freedom and rights and interests of advocating a complete return to the user.
OpenSea is the largest comprehensive trading platform for NFT, covering more than 20 million digital assets in art, music, games, virtual lands, domain names and other segments, with a total value of more than $500 million. Based on the Ethereum public chain, OpenSea is a one-stop platform comparable to “NFT Taobao”, allowing users to trade NFT, create NFT, sell NFT, view data, and more. On the surface, X2Y2 and MetaTrads have similar trading fees compared to Looks. MetaTrads is more “close to the people”. With a loose auditing mechanism, MetaTrads provides users with a 40% discount. In other words, MetaTrads platform offers only a 1.2% final trading fee for a single NFT transaction! Become the first choice for many novices.
The world’s original — NFT synthesis function
MetaTrads has the world’s first NFT compositing feature. When the compositing feature is enabled, MetaTrads users will actively synthesize NFT cards, resulting in less and less circulation in the market. Finally, the high scarcity of official NFT can be effectively guaranteed.
Strategizing — prices are steadily rising
In terms of NFT price trend, whether X2Y2, LooksRare or even OpenSea, a small number of projects follow OpenSea’s price rise, and most of them eventually return to zero. MetaTrads expands the profit gap of trade mining through NFT cards of different star levels, attracting users to combine a large number of advanced cards. Keep the scarcity of NFT circulation, so prices rise steadily and reasonably.
Liquidity of secondary market
At present, the core pain point of NFT trading lies in the price game. There are bubbles in the pricing, final transaction price and second-hand resale price of many NFT products, and the liquidity of the secondary market is poor. Even though it is stronger than Opensea, only 60,000 or 70,000 NFT are sold behind its daily turnover of over $100 million. Based on the price spiral mechanism, the NFT secondary market on MetaTrads is more active than other platforms, so liquidity is very good.
One in a million – quality projects
Although OpenSea has a large scale, due to too many creators and a difficult selection of works, only a few benchmark projects are of high quality in terms of NFT project quality, and most of the initial projects have become wasted paper. Beyond that, other platforms like LooksRare and X2Y2 have very few quality debuts.
NFT deals on MetaTrads have a steady revenue stream and active secondary market circulation, so more high-quality projects are starting on MetaTrads. In addition, the quality of NFT projects on the platform is protected through a strict review mechanism for NFT projects going online.
Love all sentient beings – fair mining
With the advent of the NFT market breakout point, more and more people flock to the platform to promote and publish their work, but LooksRare, X2Y2 and other platforms are in a hot spot mentality, their mechanism, gameplay is not fair, just speculators profit, this is bound to be a flash in the pan.
MetaTrads has made it more expensive for speculators to brush and less likely to make meaningless/invalid trades by reforming the fee system. NFT trading on MetaTrads is fairer than on other platforms. MetaTrads wants to create a decentralized market to break up monopolies and create a fairer world. All people, both individuals and institutions, are financially incentivized to provide both personal and professional data.
Gold digging program – Mining rewards
LOOKSRARE, which rewards tokens for NFT trade mining, is gaining momentum, but it also cannot avoid the congenital weaknesses of its dependence on the price of platform tokens. Because there was a fatal flaw in its value system: once the token price collapsed, there was no one left to trade mining, and then the platform was unable to lift the price, and the currency continued to plummet, falling into a death spiral. MetaTrads uses MT and USDT to reward users with stable revenue while pursuing higher growth by holding the platform tokens.
Unique in the world – platform token repurchase mechanism
MetaTrads injected 30% of the USDT platform fee income into the liquidity pool to repurchase MT and stabilize the currency price, thus ensuring stable and lasting income for users.
Development prospects — broad application scenarios
Unlike LOOKSRARE and X2Y2, the value of MT lies not only in sound economic logic, but also in multiple scenarios such as paying NFT compositing fees, participating in staking LP dividends, DAO voting, direct purchase of NFT and trading fees on counter purchase platforms.
By observing the development of cryptocurrencies over the past decade, we find that Bitcoin is not only a “new technology”, but also a kind of disruptive thinking and exploration. So, we continue our search for a fair, balanced and credible way to shape our new future.
However, NFT has a long way to go. It will gradually move through the bubble, and people will start to focus on the application value of NFT. For the industry as a whole, NFT has never stopped trying to maintain art copyright. Finding true application value has always been a goal of the MetaTrads development team. That’s what we’re trying to do. I hope it can open a new window for the world and become a social practice of great significance.
It can be said that MetaTrads has a huge future imagination and inestimable growth space in the era of Web3.0. MetaTrads will lead us to an unprecedented free space where nothing lasts forever but thoughts. MetaTrads will overturn the existing structure of NFT. Through the combination of the virtual and the real way to build a user data value confirmation system, the future of the metaverse.