Rarible Launches NFT Trading On MegaETH’s Testnet

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Rarible launches on MegaETH_optimized
Rarible launches on MegaETH_optimized

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Rarible, a renowned multi-chain non-fungible token marketplace, has non-fungible token trading on MegaETH’s Testnet. The Rarible and MegaETH teams are giving their users an exclusive chance to mint two non-fungible token collections to celebrate this launch. MegaETH is a blockchain network still under incubation and is slated to rekindle the fire in the global non-fungible token market once fully launched.

Rarible Launches NFT Trading on MegaETH’s Testnet

In an April 11 blog post, MegaETH, an X account Bringing you the latest updates and alpha on MegaETH and its ecosystem, confirmed that Rarible has just launched its NFT marketplace and launchpad on MegaETH’s testnet. In the world of cryptocurrency, a launchpad is a platform that facilitates the fundraising of blockchain projects by connecting them with early-stage investors.

Launched in 2020, Rarible is a multi-chain platform allowing collectors to buy, sell, and create non-fungible tokens. The NFT market platform also facilitates the creation, sale, and purchase of ownership rights to digital works of art via non-fungible tokens. The Rarible NFT marketplace links non-fungible token sellers with crypto buyers who can select pieces they wish to purchase.

The NFT marketplace is based on the Rarible Protocol, an open-source multi-chain community-governed NFT Protocol. Rarible has rapidly grown to become one of the leading NFT market platforms. It supports a number of blockchain networks, including Polygon, Ethereum, Solana, and Tezos. During the 2021 NFT market bull run, the Rarible NFT marketplace grew in popularity and reached over 2 million users. Today, it serves over 1.6 million users and has a trading value of over $270 million.

What’s MegaETH?

MegaETH is a Layer 2 blockchain network from Mega Labs designed to enhance the scalability and performance of Ethereum by enabling real-time transaction processing. MegaETH markets itself as a real-time Ethereum network aiming to stream crypto transactions at lightning speed. Once launched, this blockchain network will process a sub-millisecond latency and over 10,0000 transactions per second. This highly anticipated blockchain network is currently in the public Testnet phase.

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