Creators launch BETA version of its new NFT marketplace
Creators launch BETA version of its new NFT marketplace
Goblintown NFT creators, Truth Labs, launched the BETA version of the new NFT marketplace, Truth Labs Marketplace, built by Snag Solutions. The users can now trade Truth-created NFTs at a low fee.
After a long period of inactivity, the Goblintown creators are back with a brand-new NFT trading platform that will allow buyers and collectors to buy, sell, and trade NFTs by Truth Labs.
According to the official press release, Truth Labs aims to reduce secondary market fees and make it easier for fans to buy NFTs without paying the high fee as those at OpenSea.
“Truth Labs will introduce more stringent processes for reporting stolen NFTs to better align with the ethos of Web3 and decentralized technologies.” the company explained in a press release.
The Truth Labs Marketplace is built on the Ethereum blockchain and it utilizes the ETH coin for trading purposes. Every transaction on OpenSea will be recorded on the platform as well.
The Truth Labs Marketplace is built on the Ethereum blockchain and it utilizes the ETH coin for trading purposes. Every transaction on OpenSea will be recorded on the platform as well.
As of now, goblintown.wtf, IlluminatiNFT, Grumpls, mcgoblintown.wtf, The 187, IlluminatiNFT DAO, UNDAO, Believer Passes, Merch Passes, and more are listed for trading on the BETA version.
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Buying NFTs from Truth Labs Marketplace is easy:– Connect Wallet– Click on the NFT to buy– Approve the transaction and pay
the low marketplace feeThe NFT will be yours once the transaction is complete.
In addition to low marketplace fees, the Truth Labs Marketplace will also solve the issues of royalties. The new NFT platform offers 5% royalties for all collections, inclusive of platform fees.
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“We see the marketplace as a long-term strategy that will take time to play out, and we'll keep building from here,” co-founder of Truth Labs Alexander Taub said.
“We see the marketplace as a long-term strategy that will take time to play out, and we'll keep building from here,” co-founder of Truth Labs Alexander Taub said.