Jump.trade becomes top NFT marketplace on Polygon Network, surpassing OpenSea and Decentraland

by James · April 3, 2023

NFT

OfStartupStory | 3 April 2023

Jump.trade, the largest NFT marketplace in Asia, announced that it has achieved the top ranking in the NFT marketplace category on Polygon Network according to DappRadar, a recognized source for exploring Dapp and NFT data across approximately 50 blockchains. This places Jump.trade ahead of well-known NFT marketplaces such as OpenSea, Decentraland and OKX NFT marketplaces.

Jump.trade, a prominent player in gaming NFTs, made headlines last year by releasing the world’s first P2E (play-to-earn) cricket gaming NFT collection, the Meta Cricket League, consisting of 55,000 NFTs which sold out in just 9 minutes. The company has formed partnerships with major global brands such as Twitter and Flipkart to promote widespread use of NFTs and explore more uses for them. Furthermore, Jump.trade has successfully integrated its technology into the Web3/NFT sphere with well-known brands such as Pepsi and Cadbury, among others. The company aims to increase the availability and accessibility of NFTs both in India and across the world, as well as create a comprehensive and integrated metaverse ecosystem for collaboration between brands and individuals.

According to a VMR report, the NFT market will be worth $231 billion by 2030 and is expected to experience significant growth in the gaming and sports industry due to their massive fan base. The growth of NFTs is also expected to be driven by brands venturing into new experiences and branding avenues. As an emerging tech superpower, India has a robust tech infrastructure that will provide a solid foundation for the NFT industry to reach even the remotest areas of the country. A sound regulatory framework will promote rapid adoption of NFTs and digital collectibles and ownership will play a critical role in moving India closer to its goal of becoming a $800 billion digital economy by 2030.

“We are excited to see Jump.trade become the top NFT marketplace, which is an astonishing statement of the team’s hard work and the enthusiasm of our community that keeps our marketplace always going. We want to become a global force in gaming- NFTs through constant innovation based on the feedback we have received from our valuable community.” – Kameshwaran Elangovan, co-founder and COO of Jump.trade

Link to see the ranking

About Jump.trade:

Founded by Kameshwaran Elangovan, Arjun Reddy and Ramkumar Subramaniam, Jump.trade is an advanced NFTs marketplace that hosts the NFTs of the Meta Cricket League and soon the RADDX Racing Metaverse NFTs. In addition, it provides opportunities for businesses to leverage the power of Web3 and games to promote their brand. To learn more, please visit jump.trade.