Ripple’s XRPL program, Stacks, Velas, and Near have all contributed to a funding round for PlayNFT, a cross-chain platform, with more than $300,000. With the aid of these companies, PlayNFT will start up an NFT market and enable Twitch & Youtube content producers to produce branded NFTs with practical use in video games.
PlayNFT Marketplace’s Amazing Features
The NFT platform aims to start up a market for content producers from all over the world. Where they can produce branded NFTs, and sell them within their respective communities. Additionally. the creators can use them in a variety of games and blockchains. According to the analytics, the communities of 51 million YouTube content creators and the 9.2 million Twitch streamers can create NFTs on any blockchain. The PlayNFT blockchain allows its users to produce NFTs built on Ethereum, Polygon, Efinity-Jumpnet (Enjin), Avalanche, Telos, Solana, and Huobi Eco Chain.
260 streamers have reportedly registered to use PlayNFT’s features so far. Additionally, the utility can be included in the NFTs and applied to a variety of games, like Min-Mins and Shield of Shalwend. In Q3 2022, the NFT firm intends to extend assistance to TikTok creators as well. They also have plans to include play-to-earn arcade games where players can spend their NFTs to compete for incentives like prizes and cash.
PlayNFT is the first NFT-utility market in the world. Up until now, there hasn’t been an easier way for developers to integrate their NFTs into games and apps from other companies.
To increase the usefulness and worth of NFTs, they are creating an ecosystem. Through the use of their tokens in blockchain-enabled games, NFT holders and developers can increase the value of their NFT assets thanks to this platform. With the help of this platform, game developers may raise money or provide their blockchain communities with exciting experiences.