Fresh off its first birthday party, NFT marketplace aggregator Rareboard is bullish on BNB Chain. Here’s what growth lead Luke Rare had to say.
Rareboard accounts for significant NFT volume on the BNB chain
Following Rareboard’s recent “Birthday Mega Contest,” which marks the first year of the NFT Marketplace Aggregator’s existence, the project’s growth leader, Luke Rare, said they are extremely optimistic about non-fungible tokens (NFTs) on the BNB chain are.
“We’ve seen 600% quarter over quarter growth for BNB chain NFTs from Q1 to Q2 through this year, according to Messari data, with Rareboard accounting for 1/5 of that volume across its aggregation and launchpad,” Rare said to BSC News.
He believes the chain’s growth is coming from a mix of places, one of which is PancakeSwap’s PancakeSquad collection, the creation of which spawned Rareboard.
Rare said the Squaddies NFTs alone account for more than 150,000 BNB (about $200 million) in volume, dwarfing all other projects. Their recent volume has increased as PancakeSwap added private sell allocations to Squaddie owners to their IFOs.
That said, other impressive collections have brought their own innovations, such as PixelSweeper, which has swept through more than 200 squaddies and has grossed over $3 million itself, Rare said.
Add to that the dynamic NFTs from Moonpets and Mint Pass achievements from the Gooodfellas group. Rareboard has also been added to the MVB5 accelerator and has received a grant to become a core NFT aggregator on BNB Chain.
Rareboard will most likely focus funding proceeds on building non-revenue generating features such as B. their analysis.
Rareboard’s Birthday Mega Contest ended on October 11, with one lucky winner walking away with almost 9 BNB (nearly $2,500) worth of NFTs. The competition included 40 NFT collections including the BSC News NFT.
What is Rareboard:
Rareboard is an NFT Marketplace Aggregator & Rarity Dashboard designed for projects housed on the BNBChain. It also provides a platform where users can create, buy and accept bids on NFTs from multiple marketplaces at no additional cost.
Where to find Rareboard:
Website | Twitter | Telegram | discord
What is PancakeSwap:
PancakeSwap is a decentralized exchange (DEX) built on top of the BNB chain. It offers users various features like Liquidity Pools, Swaps, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT Profile System and many others.
Additionally, the protocol helps users get the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volume in the market, PancakeSwap is the leading DEX on the BNB chain.
Where to find PancakeSwap:
Website | Twitter | Medium | GitHdub
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