Manson Ndubuisi
8 min readAug 11, 2021

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XIRCUS- HELPING NFTs ENTHUSIASTS TO CREATE AND LAUNCH THEIR MARKETPLACES IN A COST-EFFECTIVE WAY

NFTs popularly known as non-fungible tokens can be described as units of data that are stored on a decentralized digital ledger (blockchain technology) that makes a digital asset to be distinctive, hence NFTs are not interchangeable. This is true because each non-fungible token is a unique digital item. Although cryptocurrency and NFT are made the same way, they are also based on blockchain technology but while NFTs are unique and non-fungible, cryptocurrencies are fungible making them easily tradable and exchangeable for each other.

NFTs are one of the innovations of blockchain technology, apart from their ability to represent people’s identity, property rights, and many other items like artwork, etc, they also make it possible for people to buy digital assets like never before. After artist Beeple sold their NFT artwork at Christie’s for $69.4m in April 2021, NFT has been gaining lots of attention. And this has led to many content creators and artists utilizing these non-fungible tokens to sell their artwork. The importance of NFTs can not be overemphasized, it enables artists, musicians as well as content creators, etc to provide their fans, and buyers with distinctive and immutable certificates of ownership and authenticity.

It is no longer news that people are faced with the challenges of creating NFT marketplaces where they can meet potential buyers directly. The roles which NFTs play in the selling of creative assets can not be overestimated, but creating a marketplace for NFTs is expensive, which is why artists and content creators have to rely on various non-fungible token marketplaces to sell their digital artwork despite many limitations and additional costs that are involved. To put an end to all these challenges XIRCUS has created an intuitive and cost-effective platform that will enable NFTs creators to sell their digital artwork or assets directly to buyers.

XIRCUS- PROVIDING A RELIABLE MULTI-DIMENSIONAL GATEWAY TO THE WORLD OF NFTS

XIRCUS is an extraordinary and user-friendly platform designed to allow anyone including artists and creators to not only create but also launch their custom non-fungible token marketplace, thereby helping them to build their NFT ecosystem. Apart from employing decentralized software as its service model, XIRCUS is also the world’s most reliable and the first multi-chain gamified Decentralized Autonomous Organization platform that is built to enable anyone, as well as brands and startups to create and deploy custom non-fungible token marketplaces.

XIRCUS is aimed at helping creators and artists to achieve their financial goals by providing them with a unique platform where they can create as well as launch their personal NFTs marketplace just in a few clicks and at a free cost. Another interesting part of this powerful multi-chain and the multi-token platform is that it provides NFT creators, artists, etc with an opportunity to maximize their profits by providing them with a platform that will enable them to create digital marketplaces where potential NFT buyers can easily take part in auctions, and also make bids and buy, thereby helping them (artists, influencers, creators) to save costs.

It is imperative to know that XIRCUS as a multi-DEX gamified Decentralized Autonomous Organization(DAO) platform is built for NFT enthusiasts, to enable them to create their unique and secure NFT trading platform where they can sell their assets with ease. XIRCUS is built with a user-friendly interface which makes it an easy-to-use platform. It is highly secured, transparent and time-effective, and provides users with an economical way of creating a customized NFT marketplace. Furthermore, its service model (DSaaS), makes this amazing platform accessible to all.

XIRCUS- PRESENTING THE WORLD WITH ENDLESS SOLUTIONS TO THE CHALLENGES FACED BY ARTISTS AND CREATORS IN CREATING NFT MARKETPLACE

It is undeniable that NFT is one of the recent innovations brought about by blockchain technology. It is also the most powerful use case of this cutting-edge technology. One of the things that makes non-fungible tokens unique is that they offer an unbreachable leak-proof security layer that makes it easier to confirm the ingenuity of the digital assets which they represent. Although NFT is experiencing exponential growth, creating a suitable marketplace where individuals, creators, artists, etc can sell their digital assets has become a big challenge in the NFT space.

Apart from being time-consuming, creating a marketplace for NFTs and launching it Is also capital intensive and very complex as a result of these, creators and artists have to rely on existing marketplaces to sell their assets. And in so doing they end up paying exorbitant fees to these third-party NFT marketplaces. There are lots of limitations and additional costs in using third-party marketplaces, which have hindered the financial progress of NFTs creators, and the growth of non-fungible tokens assets.

Additionally, listing NFT tokens on these third-party trading platforms comes with various disadvantages. The royalty fees that creators receive from them are not encouraging, and their commission charges are so high, thereby making it extremely difficult especially for new creators to enter the market. With the terms and conditions that govern these marketplaces, creators do not have control of the marketplace and they can not have custom features. One more thing, creators have no means of promoting themselves which makes it hard for them to connect to other sellers.

XIRCUS is created to put an end to all these problems by providing users (individuals, artists, musicians, creators, etc) with a costless solution that will enable them to create as well as to launch their custom and native marketplace. XIRCUS eliminates the need for third-party marketplaces by allowing DApps and non-fungible creators to create and launch their marketplaces easily and in a short time. It charges a zero commission on sales and offers a continual royalty fee to creators which is amazing.

As a top-notch platform, XIRCUS is focused on creating an ultimate and long-lasting solution that will empower artists, collectors, creators, and influencers by allowing them to have the control that is associated with the power to create their non-fungible marketplaces. Apart from solving the issues of compatibility, it gives users the freedom to choose the blockchain technology or network of their choice. XIRCUS is innovative and has lots of amazing features that will not only benefit users but will also help them to deploy smart contracts to any Ethereum Virtual Machine (EVM) compatible blockchain, which is great news to DApps and creators.

THE OUTSTANDING FEATURES OF THE XIRCUS PLATFORM

XIRCUS platform is the best platform designed for NFTs lovers. Its exciting features include:

  • MULTI-CHAIN: One of the outstanding features of XIRCUS is its ability to support virtually all EVM compatible blockchain networks that can execute and utilize smart contracts such as Ethereum, Binance Smart Chain, Matic, Polygon, etc.
  • MULTI-TOKEN: This is created to be used by the ringmasters as payment tokens for minting as well as for buying non-fungible token items. These payment tokens can either be BEP-20, EREC-20 standard tokens or any existing utility, or deflationary token, etc and they are usually paired with a stable token in a DEX or AMM.
  • MULTI-DEX: XIRCUS makes it possible for ringmasters to utilize multi-tokens from various AMM exchanges (automated market maker) and other DEX (decentralized exchanges). It is important to know that if token A is paired with BUSD in the Pancakeswap exchange, token B will be paired with USDT in Sushiswap. As non-fungible token items are minted, creators will pay for the mint process for 1 dollar worth of Token A or B. Immediately the user pays using Token A it loads Pancakeswap which then converts it to BUSD and this is distributed to the ringmaster, the ambassador, and XIRCUS platform, and vice-versa.

ABOUT XIRCUS TOKEN

XIRCUS token is an innovative, and viable token. It is a rewarding token that enables token holders to earn XMT which is the XIRCUS marketplace token for free.

CONCLUSION

For those looking for a way to create and launch their NFT marketplaces, XIRCUS is the right place to be. It allows users to create and control their custom marketplace, and with its cross-chain compatibility, XIRCUS supports all Ethereum Virtual Machine compatible protocols. Another interesting aspect of this great platform is that it is powered by a unique utility token with multiple instant applications within the platform's ecosystem. In addition, the XIRCUS platform features a DEFI-powered token economy with numerous attractive rewards.

Finally, we must understand that XIRCUS is committed to rescuing those who lose a substantial amount of their profits to third parties marketplace, by helping them save cost as well as sell their NFTs assets directly to their followers, fans, and buyers by creating and launching their personal or custom NFT marketplace without spending much. XIRCUS empowers all by democratizing access to tokenization and the trading of non-fungible tokens. Join this amazing platform today and say bye to third parties NFT marketplaces and their challenges.

#xircusnft #nft #BSC #BinanceSmartChain #Binance #PancakeSwap #DeFi #Bitcoin #cryptocurrency #blockchain

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WRITER’S INFORMATION

Writer: Mansonndubuisi

Bitcointalk Username: Mandez4real

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ETH (BEP-20) Address: 0xAC0Df9Cb2079aE8DFe9b2bBD7eFb53f9f6dfdEAA

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Manson Ndubuisi

I am a crypto writer and a blockchain technology enthusiast. Here is my homepage link, https://mansonndubuisi.medium.com/