AAX Exchange, the Singapore based digital exchange has forged its path in the world of digital currencies. A highly popular exchange, it currently serves over a million users globally and is growing fast. The exchange, which offers perpetual contracts, futures and margin trading is now launching an NFT marketplace, which will bring together the leading creators and collectors of digital art and media.
Ahead of the launch of its platform, AAX is running an exciting promotion giving participants the chance to create a design across a variety of media (music, art and video) based on its logo mascots. Once designed, users will post it on their social channels using the hashtag #MyFirstNFTWithAAX and they also submit their creation here. AAX will then choose the top 5 creations, which will then be the first NFTs to be listed on the platform. The proceeds from auctioning these NFTs will go both to the creator and to a charity jointly.
Even those who are not creative, are encouraged to join in the launch celebrations, but joining the lucky dip and winning themed NFTS by a renowned artist.
NFTs are getting hotter
NFTs are now more popular than ever before, with some popular platforms seeing a 24 hour volume exceeding the revenue generated in the whole of 2020. One thing is clear and that is that NFTs are not going anywhere anytime soon. Events in this space are heating up with many celebrities and sporting heroes releasing their own private collections. This includes the Messi collection, which made $5 million just in the first several days of the auction.
AAX are perfectly positioned to take advantage of the excitement and popularity that is being generated around NFT minting and collection. The platform, which leverages London Stock Group technology, is powerful, fast and institutional grade, bringing a smooth and seamless experience to crypto traders. AAX plans to on board the same experience for NFT fans.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.