Fractionalized NFT marketplace SmarterWorx recommended alongside Terra Luna Classic and Near Protocol

Fractionalized NFT marketplace SmarterWorx recommended alongside Terra Luna Classic and Near Protocol Fractionalized NFT marketplace SmarterWorx recommended alongside Terra Luna Classic and Near Protocol

It is no secret that cryptocurrencies are an exciting and dynamic space. Emerging projects are popping up all over the place, and investors are hoping to get in on the ground floor with the next big thing.

One such project that has been gaining traction recently is SmarterWorx. According to its website, this decentralized platform uses blockchain technology to digitize artworks into NFTs (non-fungible tokens) and then make them available on its marketplace. Let’s take a deeper dive into its unique features.

SmarterWorx – Top Crypto Gem

SmarterWorx is a platform that seeks to combine the most valuable aspects of cryptocurrency and art, creating a new way for people to enjoy and invest in both.

The platform supports two types of collectibles: art portfolios and NFTs. Art portfolios consist of real works of art, while NFTs represent other connected collectibles. Both types are expected to grow in value over time through their integration with the SmarterWorx platform.

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ARTX digitizes the art into NFTs to save you the effort of physically storing them, and it provides fractionalized pieces of art on its distinctive marketplace. You can also hold or sell artwork on any NFT platform anywhere in the world once you have a share.

SmarterWorx also rewards its users for holding ARTX tokens with staking rewards and royalty income from all NFT sales on the SmarterWorx platform. As ARTX continues to expand its portfolio, many people are expected to join to experience the unique marketplace.

Terra Luna Classic

The Terra blockchain is powered by the Terra (LUNA) secondary token. The old token was named Terra Luna Classic (LUNC) after the release of Terra 2.0 on May 28, 2022. The original chain rebranded to Terra Classic at the same time. 

Major fiat currencies like USD, GBP, KRW, CNY, and, most significantly, the International Monetary Fund’s Special Drawing Rights (IMF SDR) are all tied to the decentralized stablecoin Terra. The Terra protocol also uses the Terra token as its unit of account. Security and stability are provided to the network by Luna, which serves as collateral for the stablecoin Terra.

Near Protocol

This is a significant project with a digital ledger that supports smart contracts. It functions as a community-operated, unique cloud infrastructure for hosting dApps and was inspired by other well-known cryptocurrency ventures. Network security is highly dependent on the native token NEAR. To scale public blockchains, it employs a process known as “sharding.” Additionally, compared to Ethereum, Near Protocol is faster and more affordable. It also promises to be quicker than some of the other biggest rivals, which makes it a good choice.

Summary

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If you’re looking for a way to earn with your collectibles, artwork, and sculptures, SmarterWorx’s NFT marketplace is the perfect place to start.