Solana Competitor Launched its NFT Marketplace

Solana Competitor Launched its NFT Marketplace

Solana (SOL) has launched multiple products, but the NFT marketplace has been one of the most successful.

Solana NFT has been the most talked-about thing about this cryptocurrency due to the impressive performance it has shown. The biggest reason why Solana NFT marketplace has done so well is because of the faster speed and the lower gas fee. That's why it has posted massive growth in a short time.

One of its competitors, Bitgert (BRISE), has launched its NFT marketplace. The new NFT is expected to do well because Bitgert has a better blockchain in terms of speed and gas fees. Here is more about these projects and why Bitgert NFT is a tough competitor to the Solana NFT:

Bitgert NFT Marketplace Launched By Miidas

The first introduction of the Bitgert NFT is through one of the Startup Studio projects, Miidas. The Bitgert backed project is the first NFT product to list on the Sphynx DEX, which is supported by the Brise chain. Unlike Solana NFT, the Miidas NFT marketplace is unique in that it supports both digital and physical assets. Therefore, Bitgert backed Miidas is giving NFT enthusiasts larger options of NFTs to mint as well as buy and sell.

What is making Bitgert backed Miidas NFT marketplace attract a lot of attention is the blockchain supporting it. The Bitgert blockchain has the lowest gas fee, lower than what Solana is offering. In addition to that, Bitgert chain speed is way faster than Solana chain. These are reasons that will make the Miidas NFT marketplace more competitive. Note that Miidas NFT marketplace Beta Version is currently LIVE on the Bitgert blockchain.

Centcex

Though Centcex has not launched an NFT platform like Bitgert, it is a good project for investors to consider. Centcex is one of the few coins that have been compared to Bitgert because of the pace of development the coin has been posting. There are several things making Centcex popular, but what excites the crypto community most is the huge utility.

The Centcex project is developing the largest number of products for this ecosystem, with the Centcex exchange being the first product. The Centcex exchange is already complete and might be launching any time in Q2. Other products include tens of dApps, user bases, and staking programs. The massive utility is the biggest thing attracting crypto investors to buy Centcex today.

Solana (SOL)

Solana (SOL) has launched multiple products, but the NFT marketplace has been one of the most successful. The team recently announced that the Solana NFT marketplace was approaching the $1 billion marketcap. This is impressive growth for such a young product. Though the versatility of the Solana (SOL) NFTs could be the reason for this growth, there is more to it.

The Solana blockchain speed and gas fee, compared to the like of Ethereum and Binance, is one of the reasons the NFT marketplace is doing well. The Solana (SOL) was the fastest in the industry and had the lowest gas of all the blockchains with NFT. That's why millions of Enthusiasts have been joining Solana. But Bitgert is giving it tough competition.

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