Why fractionalization on Solana?
LIQNFT is built on Solana. We believe Solana is the best layer 1 blockchain for building a fractionalization platform.
Here are four reasons why:
- Gas Fees. While Ethereum has the biggest share of the NFT market today, Solana’s lower gas fees, transaction speeds and robust trading infrastructure make it ideal for building an efficient and LIQNFT fractionalization marketplace.
What it means to you: The cost of putting an NFT into a vault as well as minting or buying NFT fractionalized tokens is much lower. Gas fees on Solana are in the order of 0.005 SOL.
- Trading Community. With thought leader adopters like FTX and infrastructure projects like Serum and Raydium, Solana has a robust and advanced infrastructure for both decentralized and centralized marketplaces. LNFT will build on Solana’s trading infrastructure to create an efficient and liquid marketplace for users.
What it means to you: Transactions can settle in seconds, allowing you to transact with less hassle and stress.
- NFT Community. Solana has a vibrant and growing NFT ecosystem, including marketplaces like Solanart and Magic Eden as well as premium NFT projects like Solana Monkey Business and Degen Apes. It is the second largest NFT ecosystem after Ethereum. Furthermore, spearheaded by Solana’s trading community, Solana has gained significant traction with mainstream media and is a contender for the go-to layer 1 blockchain.
What it means to you: You will join an emerging market and reap benefits as a trailblazer.
- Solana Wormhole. Wormhole is a communication bridge between Solana and other blockchains. Wormhole allows you to move tokenized assets seamlessly from other blockchains onto Solana to benefit from Solana’s low fees and fast transaction speeds. We plan to bring Ethereum based NFTs onto LIQNFT via this means.
What it means to you: As a buyer, you can access the most sought after NFTs across the crypto universe on one platform and enjoy the low fees and fast speeds of Solana.
The LIQNFT team aims to bring you the best NFT projects at accessible prices as well as to empower artists and makers by giving them a platform to showcase their work. Join us on our mission to revolutionize the NFT fractionalization marketplace built on Solana.
Visit us at LIQNFT.com