Categories: Uncategorized

Sushi launches Shoyu Marketplace with the aim of making the game NFT. to change

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

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

CoinX

Recent Posts

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

53 minutes ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

2 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

3 hours ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

3 hours ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

4 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

4 hours ago

This website uses cookies.