Rarible.com Embeds Solana Blockchain July 17, 2022 July 17, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJuly 17, 2022 by Kelly Cromley

Rarible.com Embeds Solana Blockchain

In order to “provide support for the Proof-of-History (PoH) and popular NFT blockchain, Solana,” the Metaplex Protocol, which was developed on Solana for NFTs, has been integrated into Rarible.com, a multi-chain non-fungible token (NFT) marketplace. This was done in order to facilitate the trading of NFTs.

This relationship helps the platform move closer to its objective of providing a fluid, interoperable NFT experience across multiple chains. Additionally, it “enables Rarible.com customers to browse and trade NFT collections across the huge Solana ecosystem.”

Rarible is pleased to announce that it now offers Solana as a blockchain platform in addition to Ethereum, Flow, Polygon, Tezos, and Immutable X. As a result of Rarible’s support for the Solana protocol, users of NFT will have the ability to quickly see collections from all major chains.

Alex Salnikov, Co-Founder and CEO of Rarible, stated:

Rarible has supported the concept of the need of a multi-chain future ever since the company first began operating in the blockchain industry. We are working toward a multi-chain vision in which producers and collectors can connect with their preferred collections in a seamless manner regardless of the chain of origin of the collections, and all NFT communities across the blockchain industry no longer have to be divided up into separate groups. We are pleased to have Rarible.com become a part of the Solana ecosystem and to provide residents of our community convenient access to the unique activities and collections that it offers.”

Solana has been “at the vanguard of invention and inventiveness in the NFT domain” since since the debut of the Degenerate Ape Academy and DeGods.
The Solana blockchain and the Rarible Protocol, which is a white-label technology that provides completely configurable NFT experiences “separate from the Rarible.com marketplace,” joined up earlier this year.

The link “allowed well-known Solana-based collections, such as Degenerate Ape Academy, to build their own specialized markets.” The costs associated with using the connection were low, and the user experience was individualized.

The Head of Partnerships at Metaplex Studios, Ash Pampati, made the following statement: “We are glad to offer Solana NFTs to Rarible.” Rarible is contributing to the development of open source, peer-to-peer, escrowless trading of NFTs by integrating with Auction House.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.