NFT: Huobi is continuing its GameFi and Metaverse expansion strategy

Huobi Group today announced the launch of a trial for Huobi NFT, a non-fungible token (NFT) marketplace, that allows users to purchase artwork, collectibles and other digital NFT items. This marks an important step in its expansion expansion strategy GameFi and Metaverse.

The rapid growth of NFTs

Huobi’s NFT Marketplace will help the company take advantage of a new but fast-growing market. Throughout 2021, NFTs have seen an explosion in growth. The market hit a record $ 2.5 billion in revenue in July 2021, up from just $ 13.7 million in the first half of 2020. Similarly, decentralized finance (DeFi) improved last year, attracting the attention of retail and institutional investors. .

To nurture projects in this emerging market, Huobi has expanded its initiatives and services to all parts of the NFT space, including investments and project diversification.

The explosive growth we have seen in the NFT market is comparable to public blockchains and DeFi over the past few years.said Jeff Mei, chief strategy officer of Huobi Group. “NFTs open the eyes of the public to the wide range of blockchain applications available. The concept of NFTs as immutable proof of ownership is very powerful, so we’re excited to see where we take our NFT Marketplace.»

Huobi’s approach

Huobi’s NFT Marketplace will focus on three main areas, in line with the company’s global strategy, commitment to users, and dedication to protecting their assets:

Many sectors and associates. Huobi’s NFT Market will house a variety of NFTs, including games, art, animation, and music. The market will also partner with leading celebrities, artists, singers and other intellectual property for special collaborations.

Adapted to local markets. While many NFT markets are designed to attract users from all over the world, the Huobi NFT marketplace adapts to the user experience and curates offerings based on the trends and preferences of each market.

Support for the Huobi Group ecosystem. Supported by the unparalleled ecosystem and support of the Huobi Group, the Huobi NFT Marketplace has sufficient support and resources to meet the needs of its partners and users.

Mei added:Huobi has been working on GameFi (DeFi and games) projects and NFT markets, so the launch of the Huobi NFT market has been in the works for a long time. We look forward to introducing this project to our global community.»

About Huobi Group

Huobi Group, a leading blockchain company, was founded in 2013 to make advances in core blockchain technology and further integrate blockchain technology with other industries. Huobi Group expands its products and services into public blockchains, digital asset trading, wallets, mining pools, proprietary investments, project incubation, digital asset research, and more. Huobi Group is building a global digital ecosystem by investing in more than 60 upstream and downstream companies in the blockchain industry.

The launch of Huobi’s NFT market marks a significant milestone in the expansion of Metaverse’s strategy, including Huobi Ventures ’recent launch of $ 10 million in GameFi funding. The market plays a key role in Huobi’s global expansion strategy, adding a new asset class to its diverse portfolio of blockchain and crypto-focused products.

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Jean-Louis Lefevre

I am convinced that cryptocurrencies open up amazing new perspectives that I don’t want to forget under any circumstances! I try to improve my skills in this area and share with you everything I know with my followers and my hours spent exploring this universe.

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