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The Avalanche (AVAX) ecosystem of decentralized applications (dApps) is gaining traction, with Artcrypted, a quirky digital collectibles platform, choosing it as its technical foundation.
Delivering “unique” art concepts
According to Artrcrypted NFT marketplace’s official release, it will begin operations on the Avalanche (AVAX) blockchain in June 2022.
The Artcrypted team chose Avalanche because of its technically innovative and resource-efficient design, which breaks down reliability and scalability barriers:
We believe in their project’s future; with their subnet technology, we may expect better performance and stability at a quarter of the energy cost.
Artrcrypted will focus on delivering “unique” art concepts that have never been seen before in either tangible or digital form once it is launched.
In comparison to conventional Ethereum L2s, Avalanche (AVAX) promotes its Subnets as a considerably more optimal scalability option.
As a result, Artrcrypted will be able to provide lower prices to its customers and enthusiasts, allowing artists to concentrate on creating rather than fundraising.
Artrcrypted will highlight Latin American artists in its corporate growth approach. Rootstock-based NFT marketplace Carnival is also interested in this.
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Whats in it for developers?
Developers may use Avalanche Virtual Machines (VMs) to quickly deploy blockchains with a variety of application-specific functionalities.
On Avalanche, the Ethereum Virtual Machine is fully operational, with additional VMs on the way.
Existing Ethereum assets can be easily transferred.
Blockchain interoperability is the way of the future. The Avalanche Bridge (AB) facilitates cross-chain transfers of Avalanche and Ethereum assets.
About Avalanche
Avalanche is an open and programmable decentralized smart contract platform.
Lowest contract deployment costs
Smart contracts on Avalanche are a fraction of the price of those on Ethereum. Slow smart contract blockchains’ high gas prices, front-running, and other negative impacts are becoming a thing of the past.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
