AscendEX will announce the listing of CryptoArt (CART) tokens under the USDT / CART trading pair on October 11th at 1pm UTC.

AscendEX will list CryptoArt this afternoon

CryptoArt.Ai is the largest decentralized NFT marketplace in Asia with product functions such as NFT creation, sale, auction, NFT collection and transfer. CryptoArt.Ai has strict standards for its platform artists. Artists submit their applications to the CryptoArt board, and only verified creators selected by the board can list their NFT artwork. In the future, CryptoArt.Ai will present music, film, photography, Defi NFT, collaboration, DAO and other creative modules on the platform.

CryptoArt.Ai relies on global artists and collectors to accelerate the growth of the NFT market. Based on verified artists, auction closing rate, and total sales, CryptoArt.Ai has been # 1 in Asia since its launch in October 2020. CART is the ecosystem token of the CryptoArt.Ai platform. It represents both the platform currency and the authority token for the protocol.

The user can set CART to receive BCART. A blocked BCART can unlock three levels of NFT graphics issued by the platform. This dynamic process is based on a weighted average of the market and the number of tokens. Users can use rewarded NFT artwork to collect, share with others, or exchange for CART tokens.

Soon there will be other CART applications. Users can pay in the cart to move NFT graphics to DAPP’s trending page, which makes their NFTs more visible. A portion of the platform’s revenue will be used to buy back and burn CARTs, further gradually reducing the total supply of CARTs to scarce resources. As a governance token of CryptoArt.Ai, CART enables artists and collectors who are active on CryptoArt.Ai to participate in the governance of the platform and to plan their future through political decision-making.

AscendEX’s CART listing demonstrates its commitment to listing high quality NFT token projects and support for the growth of the NFT space.

About AscendEX

AscendEX is a global crypto finance platform with a comprehensive suite of products including spot, margin and futures trading, wallet services and staking support for over 150 blockchain projects such as Bitcoin, Ether and Ripple. AscendEX was founded in 2018 and serves over 1 million private and institutional customers worldwide with its highly liquid trading platform and secure custody solutions.

AscendEX has grown from ROI to a leading platform for initial exchange services by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake and Serum. AscendEX users will have exclusive access to the Token Airdrop and the opportunity to purchase tokens at the earliest opportunity.

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