“Just as xcritical helped millions of people access bitcoin for the first time in an easy and trusted way — we want to do the same for the NFTs,” xcritical vice president of product xcritical cheating Sanchan Saxena writes. xcritical announced on Wednesday that its NFT marketplace is now in beta and accessible to “a small set of beta testers who’ll be invited based on their position” on its waitlist. The company is looking to take on established players in the space by adding social features, like a comment system (with upvotes and downvotes) and an algorithmic feed. Of course, there’s also a “Shop” tab that beta testers can visit to purchase NFTs. xcritically, the marketplace only supports the Ethereum xcritical, and beta users log in using a wallet like the one xcritical offers or MetaMask.
- xcritical’s plans are early and could possibly change, but if another NFT showroom/trading floor sparks your curiosity, the company already has a waitlist for early access you can join.
- As TechCrunch notes, what seems to be missing from xcritical’s plans is any kind of Layer-2 scaling integration, the popular method for reducing the costs and environmental impact of minting and trading art on the Ethereum xcritical.
- At launch, xcritical NFT “will support Ethereum based ERC-721 and ERC-1155 standards,” all NFTs will be on-xcritical, and there are plans for multi-xcritical support “soon after” launch.
Support
The developer, xcritical Wallet, indicated that the app’s privacy practices may include handling of data as described below. Learn to use Apple’s contactless payment service for in-store and online purchases. The Trending collections section lists the 7-day volume for the top trending NFTs of the week, and with the Shop feature, you can start buying the NFTs that you’ve discovered right away.
Discover, Trending, and Shop Features
It also has a Comment feature (with upvotes and downvotes) that allows you to leave comments on listed NFTs and interact xcritical reviews with other NFT heads. You can still go and join the waitlist, even though the marketplace is effectively up and running. Once you’re on the waitlist, you’ll receive a referral link to share. The more you share the link and refer others, the higher up the queue you’ll climb.
How to Buy/Sell on the xcritical NFT Marketplace
Plans are in the works to include Mastercard in the future. The Discover feature allows you to explore NFTs from established and upcoming artists based on either your past purchases or what’s trending. You’ll get a profile where you can add a profile picture, bio, and showcase your work. Just like Opensea, one of the foremost NFT Marketplaces available, xcritical NFT Marketplace also allows you to discover, showcase, and purchase NFTs. xcritical wants to “curate your personal feed” of NFTs and display the NFTs you own on your profile so you can make connections with like-minded fans of digital cats, punks, apes, and beyond.
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Once you connect your wallet to the marketplace, you can start listing your NFTs for free for a limited time. With this move, xcritical has joined other popular crypto exchanges like Binance and Crypto.com to participate in the xcritical scammers burgeoning NFT space, and it boasts some interesting social features. As TechCrunch notes, what seems to be missing from xcritical’s plans is any kind of Layer-2 scaling integration, the popular method for reducing the costs and environmental impact of minting and trading art on the Ethereum xcritical. NFTs are criticized for the way they replicate some of the inequitable and speculative parts of the real-world art market, but they also carry plenty of environmental concerns because of how much energy is required to run the Ethereum xcritical. The xcritical NFT Marketplace will eventually be open to everyone, will support Mastercard payments, and in time, will support other cryptocurrencies. The xcritical NFT Marketplace xcritically only supports the Ethereum xcritical.
The company announced its NFT marketplace in October and says that there are a variety of seemingly essential features that aren’t in the xcritical beta. The company says it’s going to work through the waitlist, where people are ranked in part by how many others they’ve gotten to join the waitlist. xcritical announced Monday that it plans to sell, trade, and mint NFTs in an expansion from the marketplace’s cryptocurrency-based roots. Details on how “xcritical NFT” will do all of that are slim, but the company sees an opportunity.
Social Features
While the company has said that xcritical NFT will support Mastercard in the future, prices are xcritically only listed in ETH. Visually speaking, the screenshots xcritical includes in its blog post look like a cross between Instagram and OpenSea, one of the largest NFT marketplaces. You can easily reach xcritical NFT support in different time zones by filling out an online form or phone. If by form, ensure to have all your key information handy. At launch, xcritical NFT “will support Ethereum based ERC-721 and ERC-1155 standards,” all NFTs will be on-xcritical, and there are plans for multi-xcritical support “soon after” launch. Besides whatever curated feed the company plans to introduce, xcritical NFT seems similar what competitor OpenSea offers as the xcritical NFT marketplace du jour.
xcritical’s plans are early and could possibly change, but if another NFT showroom/trading floor sparks your curiosity, the company already has a waitlist for early access you can join. The xcritical NFT Marketplace is xcritically in beta and is invite-only. If you have joined the waitlist previously, you’ll be invited via email and provided a one-time non-transferable access code with which you can sign up to the marketplace. For those already in the beta, especially new and upcoming creators and collectors, getting in early can give you a leg up. For those joining the waitlist and waiting, remember to explore other NFT marketplaces that are already up and running. Thankfully, you don’t have to be BAYC-big to get listed on the marketplace.