Leading crypto exchange, FTX has snagged a partnership with Steph Curry and recorded a flurry of activities on its NFT platform
FTX CEO Sam Bankman-Fried has announced that the platform would now support an NFT marketplace where its throngs of international users and those in the United States would be able to mint, buy and sell the tokens across Solana and Ethereum networks.
First FTX NFT Sells for over $200k
Shortly after its launch, the new marketplace became saturated with many submissions of fish pictures, which led to massive spamming. As a result of this, the platform increased its $10 charge to $500 in order to drastically reduce the influx of spammers.
1) Due to the massive number of submissions, too many of which were just a picture of a fish, we are now charging a one-time $500 fee to submit NFTs.
Hopefully this will reduce spam.https://t.co/46FabjTVfy
— SBF (@SBF_FTX) September 6, 2021
Bankman-Fried was quick to announce a one-time charging fee of $500 in a tweet, “Due to the massive number of submissions, too many of which were just a picture of a fish, we are now charging a one-time $500 fee to submit NFTs,” tweeted the FTX CEO. “Hopefully this will reduce spam.”
One of the earliest interesting events during the opening of the FTX marketplace was how the crypto exchange CEO saw his own test NFT listing on the site sell for US$270,000.
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