HovR debuts its next-generation NFT marketplace on the Qi Blockchain
   
Using the Qi blockchain technology stack, HovR is poised to revolutionize the NFT market sector. As a result, it is no longer necessary to manage high-free blockchains, and it will be easier and cheaper to mint non-fungible tokens.
With incredibly low costs, Qi is one of the most advanced blockchains that HovR uses, helping the developing NFT market. Users of HovR can easily transfer value between cryptocurrencies, NFTs, precious metals used in real estate and fiat currencies. By generating distinctive blockchain-based IDs, all assets can be tokenized.
In addition, HovR focuses on the real-world applications of non-fungible tokens, such as trading in-game items, document storage, purchasing a Web3 domain, avatars for social networks, ticketing systems, etc. It will open the door to investigate other possibilities, such as sports contracts , college degrees, digital passports and medical data, to bring even greater benefit to the NFT sector.
Through HovR, it is easy, affordable and efficient to create an NFT.
On the Qi blockchain, created NFTs are linked to a wallet address, enabling full digital ownership and transparent trade history.
   
HovR chooses the Qi blockchain over the SWIFT network and Bitcoin because of its 300x faster throughput. Using such cutting-edge technology may have ensured that earlier NFT ventures, such as Crypto Kitties, had a longer lifespan and remained prominent. However, they chose an alternative approach rather than building on Qi.
VortX Capital, a leading global fintech investment firm, provides support for the Qi ecosystem. For many apps, the Qi network acts as the main payment rail. To further show its potential, VortX plans to introduce more decentralized applications (dApps) and NFT games that can be played to earn from Qi.
In addition, VortX also owns the brand new HovR marketplace. The team intends to focus exclusively on dApps, NFTs and blockchain games for the foreseeable future as it explores all leading industry sectors.
The company intends to become the first blockchain startup to go public in Africa to improve VortX’s appeal to the general public. The team is communicating openly with the Johannesburg Stock Exchange and the Equity Express Stock Exchange to make it a reality.
To gain initial traction, HovR developed a native NFT collection of the 10,000 largest cities in the world, listed by population. These NFTs will be used in a play-to-earn metaverse game where players try to rule the entire planet. Holders of NFT can rule their city and conquer new territory.
In addition, HovR is negotiating with several organizations to establish partnerships essential for converting legal wills and event tickets into non-fungible tokens.
