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Sologenic Foundation is ready to launch a trading platform for creating and trading NFTs in January 2022. They wrote about this on their Twitter page. As specified, each NFT will be burned for minting 3 SOLO token. Users can already get to send their applications by filling out a special form.
We’re glad to announce that Sologenic decentralized #NFT marketplace is ready to be launched in January 2022. #XRPL
Creators need to #burn 3 $SOLO to mint every NFT.
You can #now get earl access to create your profiles, collections and mint NFTs:
⚫️ https://t.co/bNLJ1HXDkt pic.twitter.com/EOCZjszw5J
— Sologenic (@realSologenic) December 25, 2021
As the project developers add, nWith the current traffic of Sologenic DEX and the number of creators NFT on in XRPL (XRP registry) forecast is minting about 100,000 NFT per month. It means, that every month will be burned SOLO v size 300 thousand dollars in addition to the regular rate of burning transactions in the ecosystem.
With the current traffic of Sologenic DEX and the number of NFT creators on the #XRPL, my forecast is about 100K NFTs to be minted / month.
This translates to 300K $SOLO to be burned each month in addition to the regular transfer/transaction burn rate within the ecosystem. https://t.co/loISf84pQR
— Bob Ras (@bobrasX) December 25, 2021
The creators also reported that the snapshot of XRP and SOLO addresses completed successfully at block: 68552402. The distribution ratio will be announced after data processing and due diligence within the next 7 days. Photo details first token airdrop CORE and block number will be announced after December 31, 2021.
#Sologenic #NFT #Marketplace #Ready #Launch