Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF), the blockchain and open finance venture builder, is excited about the possibility of adding more compatible non-fungible tokens (NFT) to its beta marketplace.
Currently only compatible with two accepted NFT standards, the company hopes to add a third soon, chief executive officer Eddy Travia told Proactive.
There are plans in place for the NFTs to be “interoperable with the Ethereum blockchain as soon as the RSK Ethereum token bridge is ready,”
The RSK Ethereum token bridge is a system that allows tokens to move between one blockchain and another, opening more possibilities for NFTs built on different networks to be traded on the marketplace.
The launch is expected in the middle of next month (December), and Travia is confident it will be a success.
READ: Coinsilium readies trial launch of its NFT marketplace
“We're very excited about this. It’s important to note that we have good tech capability that enabled us to achieve these kinds of results,” he told Proactive.
The marketplace will allow users to ‘mint’ NFTs, which is the process of turning a digital file into a collectible or digital asset, at which point members can trade them with each other.