SpaceSeven to Launch a Game-changing NFT Marketplace – Crypto Trendings
Tuesday, March 28, 2023
Crypto Trendings
  • HOME
  • News
  • Bitcoin
  • Altcoins
  • Business
  • Tech
  • Industry
  • Interviews
  • Press Release
No Result
View All Result
Crypto Trendings

SpaceSeven to Launch a Game-changing NFT Marketplace

Crypto Trendings by Crypto Trendings
November 24, 2021
in Press Release
Reading Time: 4min read
SpaceSeven

Switzerland, Zug, 24.11.2021: SpaceSeven — one of the few — if not the only scaled e-commerce, fully regulatory compliant NFT marketplace is expected to launch on November 23, 2021. The groundbreaking platform is built by Tacans, a Swiss-based Software development house, and Venture Builder, with an R&D center in Ukraine, on the Concordium blockchain platform. According to SpaceSeven, this allows the marketplace to significantly lower gas fees — to literally a fraction of the cost of Ethereum or other proof-of-work protocols, however, with transaction speeds that are ten times faster.

Packed with several game-changing features like ‘Universes’ that deliver unique experiences through exclusive customized galleries, SpaceSeven is undoubtedly redefining NFT marketplaces. The marketplace will also allow users to easily add NFTs from multiple networks and supports payment using crypto and credit cards.

Related posts

Exclusive “The Starry Night Licensed NFTs” To Release  In 3D and Augmented Reality on ElmonX

Exclusive “The Starry Night Licensed NFTs” To Release In 3D and Augmented Reality on ElmonX

March 24, 2023
Dominator Domains, a Web3 innovative platform where users can register domains in 3 different blockchains and 10 different domain extensions

Dominator Domains, a Web3 innovative platform where users can register domains in 3 different blockchains and 10 different domain extensions

March 23, 2023

Who is Behind SpaceSeven?

SpaceSeven is a multi-blockchain NFT marketplace built by Tacans with Concordium as its primary blockchain. Concordium is ideally suited to host NFTs as it offers 10x faster transactions than Ethereum and has incredibly lower gas fees.

Unlike other blockchains, Concordium is a Reg-DeFi-centric Layer 1 blockchain with an ID layer at the protocol level and fast and real finalization. This gives Concordium a competitive edge, as it is able to deploy a privacy-centric KYT design that protects legit users but at the same time enables it to revoke anonymity of certain transactions if needed.

Concordium’s unique ecosystem has empowered Tacans, the venture builder, to launch SpaceSeven which is an NFT marketplace that is truly sustainable, secure, and regulatory-compliant.

Lars Seier Christensen – Co-Founder & Group Chairman of Concordium and SpaceSeven

“I have been an investor, collector and lover of art for many years. I have never seen a greater opportunity for innovation, reaching new buyers, new creative formats and additional income streams for galleries and artists than the current development in the NFT industry. SpaceSeven is our contribution to this historic opportunity.”

What Problems Does SpaceSeven Solve?

While the growth of the NFT market offers many opportunities, significant challenges still plague the industry. These issues revolve around regulations, high fees, decentralization, security, and sustainability. With Concordium as its primary chain, SpaceSeven hit the ground running with solutions to overcome these challenges.

Regulatory Compliance

Designed with a built-in user identity layer at the protocol level, Concordium ensures that a user’s identity is confirmed and every transaction is trackable. Its Zero-Knowledge Proof design ensures two parties can interact and transact without revealing unclaimed information of the counterparty.

Low and Fixed Fees

Concordium’s transaction fees are well-defined and do not link to the value of an asset. Instead, they are fixed and backed into the protocol. The proof-of-stake model combined with incentive mechanisms ensures that transaction costs stay low and fixed.

Carbon-Net Neutrality

With Concordium’s proof-of-stake model that consumes minuscule amounts of energy compared to other blockchains like Ethereum and Bitcoin, SpaceSeven is proving to be one of the best eco-friendly NFT marketplaces.

Security

For better protection against fraud, Concordium transactions are assigned an encrypted ID. Furthermore, with Concordium’s two-layer consensus design, SpaceSeven remains secure if cybercriminals hijack less than 50% of its stake.

Decentralization

SpaceSeven aims to reduce entry barriers to the NFT market for digital artists, creators, and celebrities. The game-changing features listed above have enabled SpaceSeven to develop a secure, cost-effective, user-friendly NFT platform where all creators can mint and sell their NFTs at a fixed price or in an auction.

Wallet Integration

SpaceSeven will provide support for CryptoX Wallet in our NFT marketplace platform. This wallet will facilitate the CCD token, Concordium’s native token.

How to Access SpaceSeven

Our platform is available for users internationally. To mint, buy, or sell NFTs on the SpaceSeven NFT marketplace, visit our website.

Innovative Partnerships

ENTER Art Fair 2021

ENTER Art Fair 2021 recently signed a partnership with SpaceSeven. The world-renowned art fair based in Copenhagen has over 61 galleries, each minting one NFT. ENTER Art Fair aims to push beyond the confines of artistic conventions and experiment with innovative platforms. This ambition fits perfectly with what SpaceSeven stands for. Over 61 galleries participated in this event. Each gallery chooses just one of their top-rated artists to mint and sell a premium NFT on the SpaceSeven NFT marketplace. The event was held between August 26 – August 29, 2021.

DOROFEEVA NFT GAME

NFTs are now a global phenomenon and the launch of an NFT game with the participation of celebrities in Ukraine is raising great interest in the country. DOROFEEVA, one of the top Ukrainian pop singers, whose tracks are in the top charts of digital platforms, fashion influencer, blogger is the first one to join the platform. On the 27th of November, she will present the game being developed on the marketplace at The Conference.NFT together with SpaceSeven in Kyiv.

About SpaceSeven

SpaceSeven is the world’s first NFT marketplace built on the eco-friendly and highly effective Concordium blockchain as its primary chain. SpaceSeven allows artists to mint NFTs at low fees, showcase their work in exclusive universes, and sell them effortlessly.

Media Contact

Company: SpaceSeven AG

Contact: Philip Mostert

E-mail: [email protected]

Website: https://spaceseven.com

Space Seven

Previous Post

RFOX VALT Metaverse Announces New Virtual Land Sale of SHOPs for Its Upcoming Gaming-Inspired Quarter Arkamoto

Next Post

PlaceWar Releases Playable Demo, Rewarding Players Genesis NFT & $1,000 Prize Pool

Next Post
PlaceWar

PlaceWar Releases Playable Demo, Rewarding Players Genesis NFT & $1,000 Prize Pool

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

ORIGIN26 Announces Upcoming Presale Offering of Its Unique BSC-based #ORIGIN26 Token Utility

ORIGIN26 Announces Upcoming Presale Offering of Its Unique BSC-based #ORIGIN26 Token Utility

10 months ago
xcash foundation

X-Cash is listed on the Dragon’s Syrup program from QuickSwap Exchange!

2 years ago
moon rabbit

Breaking News: Moon Rabbit $AAA Becomes The Most Traded Coin On MeXC Global After Elon Musk’s Tweet

1 year ago
muslim coins

Muslim Coins: Building a New Decentralized Financial (DeFi) World For Muslim Nations

1 year ago

BROWSE BY CATEGORIES

  • Altcoins
  • Bitcoin
  • Business
  • Industry
  • News
  • Press Release
  • Tech

BROWSE BY TOPICS

Altcoins Bitcoin Business Industry News Press Release Tech

POPULAR NEWS

  • Flush Win is Revolutionizing Online Casinos and Betting with Blockchain Innovations

    Flush Win is Revolutionizing Online Casinos and Betting with Blockchain Innovations

    0 shares
    Share 0 Tweet 0
  • A ONCE IN A LIFETIME OPPORTUNITY TO OWN A PIECE OF HISTORY AND PUT YOUR NAME INTO THE METAVERSE

    0 shares
    Share 0 Tweet 0
  • FLUSH WIN ANNOUNCES NFT GAME PROJECT AND CITY CASINO

    0 shares
    Share 0 Tweet 0
  • The Mercedes Benz G-Wagon, Jungkook’s beloved car from BTS, is up for auction

    0 shares
    Share 0 Tweet 0
  • While all crypto is bearish, YES WORLD Token Price jumped by 10% in 24 hours

    0 shares
    Share 0 Tweet 0
Crypto Trendings

We bring you the latest news in the crypto and finance industry. We envision the goal of completely decentralised future.

Reach us at:

[email protected]

BITCOIN NEWS

Expert Reveals “Best Bets” Against Impending Economic Collapse

Expert Reveals “Best Bets” Against Impending Economic Collapse

July 28, 2022
Meta A Bigger Threat For Crypto Crash Than The Fed, Here’s Why

Meta A Bigger Threat For Crypto Crash Than The Fed, Here’s Why

July 27, 2022
Why UST’s crash has experts talking and taking different sides

Why UST’s crash has experts talking and taking different sides

May 16, 2022

ALTCOIN NEWS

Ethereum price faces resistance at $650, can ETH break above?

Ethereum price faces resistance at $650, can ETH break above?

December 21, 2020
New withdrawal mechanism for ETH2 stakes ‘under discussion’

New withdrawal mechanism for ETH2 stakes ‘under discussion’

December 15, 2020
Ethereum King Buterin Loses Live Showdown to Twitch Chess Queen

Ethereum King Buterin Loses Live Showdown to Twitch Chess Queen

December 16, 2020
March 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Feb    
  • About
  • Advertise
  • Careers
  • Contact

© 2020 Crypto Trendings

No Result
View All Result
  • Home
  • Industry
  • News
  • Business
  • Bitcoin
  • Interviews
  • Tech
  • Altcoins

© 2020 Crypto Trendings