Users will be able to trade Tezos NFTs on the Rarible marketplace with multi-chain compatibility.
The nonfungible token (NFT) marketplace Rarible has officially launched its integration with the proof-of-stake blockchain Tezos. This collaboration will allow Rarible to feature Tezos NFTs on its marketplace and support secondary sales of live Tezos projects while enabling users to mint low-fee NFTs.
Rarible’s integration with Tezos marks the third layer one blockchain supported by the platform, alongside Ethereum and Dapper Labs’ blockchain network that powers NBA Top Shot. Rarible, the blockchain platform for the collectibles market, is developing a decentralized marketplace and trading platform that will allow users to sell their own crypto collectibles. As of now, it integrates with the Ethereum-based platform Solana and will also include integration with Polygon, an independent game development company. It’s important for NFT integrators to have access to a wide range of products, so that they are able to provide the best experience for their customers.
The integration of the Rarible team into Tezos Labs will enable it to issue and mint new tokens, as well as trade on the secondary market, which is already available today. This includes collectibles called Digits created by legacy gaming organization Ubisoft, which feature Tezos blockchain data and are created using Tezos smart contracts. The next phase will see the creation of exclusive collections through custom contracts. Rarible will set up royalties for imported collections that had previously existed on Tezos. Rarible and Tezos have also launched an inaugural NFT collection, entitled Blazing Futures, curated by Diane Drubay, founder of We Are Museums and a minter of NFTs on Hic Et Nunc. The collection features work from artists based in Tezos-based artworks, as well as the artist’s own work that they made with Tezos.
Rarible Protocol, an open-sourced cross-chain community-governed NFT protocol, was used to make the integration possible.
