Polkafantasy Overview, Understand in 3 minutes.

https://youtu.be/2CJCM0acYu8

NFTs here, NFTs there, NFTs everywhere. 2021 has been so incredible for this unique technology. Can you imagine Jack Dorsey sold his first-ever tweet for $2.9 million? Beeple’s “Everydays: the first 5000 days” sold for a whopping $69 million. It sort of defies logic right, but it is what it is. It’s the power of NFT.

Leveraging on this growing trend, Polkafantasy - a new NFT marketplace inspired by the Japanese theme will be launched soon. What’s so unique about Polkafantasy? Is this not just another marketplace launching again? To answer these questions, let’s briefly discuss those three-letter words that have taken 2021 by a storm.

NFT, also called Non-fungible Token, is one of the growing use cases of blockchain technology alongside DeFi. The basics of NFT is that it allows you to tokenize a digital item in your possession, make it unique, and then put it on auction in an NFT market. The item is non-replaceable and uniquely yours until someone purchases it on the marketplace.

NFT marketplaces are specialized marketplaces that allow artists to put up their NFT artworks for sale. Buyers could then browse the marketplace for NFTs and purchase the item of their choice through bidding.

Polkafantasy is one such marketplace that will play a crucial role in bridging the gap between buyers and sellers. Although there are several marketplaces for NFT’s now and more that will keep springing up, Polkafantasy is not just another new marketplace but also a unique one.

Polkafantasy distinguishes itself from others by being the first Japanese-themed and cross-chain marketplace. Wow! What a big wow! Do you even know what this means? Let me break it down for you real quick.

You see, the Japanese animation, comics, and game culture is a very vast market internationally, but surprisingly it's heavily underrepresented in the crypto space. We are very well aware of the global fanfare and buzz behind Naruto and Naruto Shippuden anime. Artists and buyers can leverage this global appeal into Japanese ACG by utilizing Polkafantasy, a marketplace that will serve as a hub for people with an appreciation for the Japanese culture.

Polkafantasy also solves the problem of high minting fees, another feature that will set it apart from its peers. Most NFT marketplaces are built on the Ethereum Blockchain, which unfortunately subjects artists and NFTs creators to incur high minting fees. Unlike these marketplaces, Polkafantasy brings cross-chain technology to its users, making it the perfect place to trade NFTs across various blockchains with low fees while capitalizing on the diverse functionalities of different blockchains. Sheesh!

Polkafantasy has collaborated with Immutable X, NFTY labs, and others to achieve all this. They are also backed and supported by Megala, GD10 Ventures, and some other powerful venture capitalists in the crypto space. Now I hope you have a feel of how excited I am; we are talking about a combo of a trendy technology plus a viral and global theme plus cheap fees; I mean, this could literally blow up the whole NFT-Crypto space. Okay, let’s calm down a bit. I am calm.

Let’s bring matters home and see what’s in it for you? Yes, you! What do you stand to gain from Polkafantasy? Well, let’s see:

If you are an artist looking to take advantage of a new space with a passionate audience, then the Japanse-themed marketplace by Polkafantasy is for you. The marketplace is new, unsaturated, and filled with opportunities you can leverage. The fees for minting an NFT will be considerably low compared to most marketplaces on Ethereum, which means you can afford to exhibit different NFTs without putting a hole in your pocket. You can mint your NFTs and store your collections in the Polkafantasy wallet; this wallet supports trading your NFTs via p2p.

Well, having said all that, this is where you come in. None of this represents financial advice. You have to do your research and draw conclusions for yourself based on the pieces of evidence presented in this video and the result of your research. If you find this video is helpful, make sure you drop a like and subscribe to the channel. And I will see you guys real soon. Thank you very much for watching!

OUTRO