The main developer of the Shoyu Marketplace project has announced a major update for the project that includes a launch date in August.

According to the post from LevX on the sushi forum, the team has made significant strides in the non-fungible token (NFT) market called Shoyu. The developer says that the idea was suggested by himself and, with the help of the developer community, the launch of Shoyu is set for mid-August 2021, the infrastructure required to host digital works of art.

The release schedule will be phased, with v0 coming out in August, followed by v1 and v2 in the following months. LevX, speaking as product manager and lead developer, said, “I will ensure the release of v0, updates (v1 & v2) and maintenance for the next year.” The platform will initially launch on Ethereum and Polygon, but the team plans to to add support for multiple chains.

Shoyu aims to make the game NFT. to change

The goal of Shoyu, according to the development team, is to create an NFT platform that focuses on the needs of creators to push their artistic limits. The team believes that NFTs are currently hampered by things like file formats that affect size and limit artists’ creativity.

They also wanted the website design to be a work of art, something beautiful yet functional that combined Japanese aesthetics and sensitivity. Levy shared:

“We want artists and creators to be able to create NFTs that are not possible on other platforms.”

An interesting feature is the ability for XSUSHI token holders to earn a fraction of the fees that the protocol generates. According to Swiss Post, 2.5% of all transactions go directly to xSUSHI owners. Another notable feature is the lower gas charges as Shoyu contracts have a built-in exchange function. The idea is that orders are kept off-chain to optimize gas charges when shipping.

“If an account wants to buy NFT, it can select an order (ERC-712) signed by the manufacturer and execute it with the corresponding bid parameters such as the price.”

Shoyu will not only be a digital marketplace, but a 3D supermarket similar to Axie Infinity and a digital collector’s marketplace are also planned for the future.

Annie

According to Beincrypto

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