The NFT (non-fungible token) space has become an important part of the crypto industry. More and more new projects are focusing on providing solutions for NFT minting and trading. The new project, Collectixt Token (CLEX), joins the crypto sphere to aid the adoption of NFTs worldwide.
Ethereum (ETH) is the second biggest cryptocurrency by market cap and the first blockchain network to support the creation and exchange of NFTs. Ethereum (ETH) made it possible for anyone to create a digital asset or a digital representation of a physical asset that is storable and transferable on a tamper-proof public ledger.
Anything from artwork, music, and real estate, to in-game assets like avatars, weapons, tools, and gameplay progress are only a few of the many assets that can be tokenised and stored as NFTs on the Ethereum (ETH) network.
These statistics, however, fail to capture the true potential of the NFT industry and the size of its market because the shortcomings of the Ethereum blockchain network have slowed the industry’s growth.
Issues like sluggish network speeds and high gas fees, especially during network congestion, worry many NFT owners/traders. On the bright side, these issues are currently being fixed with the ongoing ETH 2.0 update.
NFT Traders Highly Appreciate Polygon (MATIC)
Polygon (MATIC) is a multi-chain scaling platform that can process up to 72,000 transactions per second through its Proof-of-Stake (PoS) consensus mechanism. It is a unique Layer-2 solution that allows developers, NFT traders, and others to conduct ultra-fast transactions at low costs without sacrificing security.
The Polygon (MATIC) network has become a favourite of NFT traders because it addresses all the issues associated with trading on the Ethereum (ETH) network.
It also leverages smart contracts to automate transactions and open the door for Decentralized Finance (DeFi) capabilities. You can stake its native token MATIC to earn rewards in the network’s PoS staking program. The total stake is $2.35 billion, and the program has so far distributed $541.86 million in staking rewards to 15,275 participants.
What Is Unique About Collectixt Token (CLEX)?
Collectixt Token (CLEX) is a multi-chain NFT platform built on the Ethereum (ETH) and Polygon (MATIC) blockchain networks. It is a robust ecosystem packed with cutting-edge products and services that will speed up the global adoption of NFTs and aid the expansion of the cryptocurrency industry.
It benefits from the resourcefulness of the two networks to create a world-class user experience that will redefine the public perception of cryptocurrencies. Its massive marketplace is the perfect place for artists from all walks of life to showcase their talent and sell their art in the form of NFTs.
The Collectixt Token marketplace also hosts NFTs from various industries such as virtual real estate, blockchain gaming, photography, interior design and architecture.
It doesn’t end there; the ecosystem also offers top-notch DeFi products and services like Collectixt Pay, a payment platform that facilitates low-cost lightning-fast transactions. You can also participate in the Collectixt staking program, where you earn enormous rewards for locking the native token CLEX for a specified period.
The total fixed supply of CLEX tokens is only five million, and you can join the ongoing presale. The icing on the cake is that you will receive a 35% bonus on your first purchase and an additional 20% bonus if you made your purchase with Ethereum (ETH).
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