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- TrillerNet has introduced its own NFT marketplace on 10th April 2021
- To make the launch special, the firm had minted a video NFT of Jake Paul’s knock-out punch
- The winner of the bid will get two NFTs of 2020 and 2021’s most memorable entertainment moments
- To launch the market place, the firm has partnered with Amplify.ai
TrillerNet, the parent firm of the social media platform and a competitor of TikTok, Triller has recently launched its own Non-Fungible Token’s (NFT’s) marketplace. To celebrate the launch of the marketplace, the platform on Saturday minted an NFT. It is known that the NFT belonged to the controversial Youtuber and boxer Jake Paul, who landed a knock-out blow on Nate Robinson, a former basket player. It is known that the punch was recorded back in November 2020, in Triller’s Fight Club event.
TrillerNet is launching its NFT marketplace with a video NFT
TrillerNet, the firm based in Los Angeles, has auctioned the knock-out punch video NFT. Although. currently, the auction is ongoing, and the bidding price has reached $10,455. Still, anyone can purchase the NFT Token for $10 million. The auction for the video NFT Token will conclude after the next match of Paul finishes. And it is known that the next match will be against Ben Askren, which is expected to be conducted on 17th April 2021.
Winning bidder will receive two NFT tokens
According to TrillerNet, the winning bidder will receive the knock-out punch NFT. Furthermore, the last thirty seconds of the upcoming match will also be incorporated into the NFT for the winning bidder. Indeed, Triller considers the two NFT tokens as the first-ever combined future NFT offered to the individuals. According to Mike Lu, the chief executive officer of TrillerNet, the winner of the tokens will own a piece of last year and this year’s most significant entertainment moments.
What will be the next phase of the marketplace?
According to the report of news-outlet PRNewswire, the next phase of the marketplace will include the ability of influencers and other culture-setters in TrillerNet. And such ability will help the users to create and market their own NFT tokens. Simultaneously it will also include a final phase allowing all qualified users to make and trade their own crypto tokens in a resale-friendly secure environment.
However, to develop and launch its own Non-Fungible Token’s marketplace, TrillerNet has partnered with Amplify.ai. Indeed, the latest partnership is expected to enable distribution and engagement of content from the globally popular Triller application.
