IKONIC releases its own NFT Marketplace
The very first marketplace is created specifically for eSports and non-fungible tokens for games.
Ongoing web3 team IKONIC is behind this new project which was first brought into service in January 2021. This was a great time for new prospects to be born.
Bridging gaps via the blockchain
This NFT marketplace will allow online creators, gaming personalities and professional eSports players and teams publish their own NFT collections to fans.
The concept behind IKONIC is to allow users to own historic moments from gaming history, and give these characters a new way to engage with fans.
Image credit | ICONIC
The IKONIC platform has its own currency called ICONIC token.
The CEO of this latest project has also pointed to additional facilities made available by the IKONIC market.
“In addition to the NFT Marketplace, the Indie Game Launchpad allows game developers and the community to connect, access exclusive content and in-game items.”
Sebastian Ionut Diaconu, CEO of IKONIC
How does the IKONIC marketplace work?
As seen IKONIC websiteThe process to get started is quite simple and user-friendly.
Simply upload a clip, then trim/edit it down to the specific frames you’re looking for. You are then given a variety of templates to choose from to include your content in. Then, to finish it off, you create the NFT. Choose the specific number of them, the collection description and finally the base price for your collection to start at.
How will the IKONIC marketplace work?
As many will know, the blockchain and gaming sectors are growing industries that are doing so at an incredibly fast pace.
The gaming industry is currently valued at $300 while The NFT/crypto market is valued at just under $1 trillion at the time of writing quite a low point for the market due to the current bear market conditions it is facing.
Forecasts predict that both these industries will grow exponentially in the next few years in popularity and also in monetary value.
Image credit | ICONIC
In the long term, IKONIC may prove to be a popular prospect due to the fact that it revolutionizes the way gaming and eSports interact with various aspects of web3 technology.
Use of the IKONIC Marketplace for consistent users provides additional incentives for user lifetime. Tokens can be wagered for additional benefits and rewards. You will receive royalties on the NFTs you create and get additional rewards when fans interact with your own collections.
IKONIC also plans to implement burning mechanisms on their platform, allowing users to burn their own tokens for rewards. They will also offer a service to the blockchain on which this project is built.
This is a very fresh, exciting new prospect that still has plenty of room for development. When big industry names and companies get the word out about IKONIC and are able to see it for its potential, it can lead to a massive injection of users.
This may not be the first or last time you hear about the IKONIC Marketplace!
