Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) has launched the beta version of its NFT Marketplace, which is now live on the RSK Testnet.
The marketplace was designed and built by Coinsilium subsidiary Nifty Labs.
"We are delighted to be able to unveil our NFT Marketplace platform which goes live on the RSK Testnet today, as the first technical solution to come out of Nifty Labs, Coinsilium's NFT development partnership with Indorse,” said Coinsilium chief executive Eddy Travia.
"The NFT Marketplace, together with the NFT minter, are powered by RSK technology, which enables the creation of smart contracts for NFTs secured by the Bitcoin network, with corresponding lower gas fees compared to those on the Ethereum network.”
"With this Testnet release, we now have a powerful solution to showcase to strategic and commercially interested parties, as we move towards the commercialisation phase for this project.
“We are very much looking forward to providing the market with further progress updates in the new year.”
The NFT Marketplace will remain live on the Testnet while undergoing a period of public beta testing.
Coinsilium said it is planning to host a series of presentation events for strategically and commercially interested industry parties, starting in early Q1 2022.