Rarible, the largest NFT marketplace, has announced that it has integrated with the Metaplex Protocol. This means that NFTs can now be traded on the Solana blockchain through the popular marketplace.
After Ethereum, Flow, Polygon, Tezos, and Immutable X, Solana is the sixth blockchain to join the Rarible ecosystem. Because of its unique mix of proof-of-history and proof-of-stake consensus processes, Solana is likely the second-largest blockchain for NFT activity (after Ethereum).
In honor of the integration, users will be able to buy and sell Solana NFTs without having to pay gas taxes. After a month, the incentive will no longer be valid, and customers will be charged 1% more for each transaction they make.
Metaplex Studios’ Head of Partnerships, Ash Pampati, talked about what integrating with Rarible would mean for Solana NFTs. He said, “We’re excited to help bring Solana NFTs to life on Rarible. Through this integration with the Auction House program, Rarible is helping trail-blaze the path forward on open source, peer-to-peer and escrowless trading of NFTs”.
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