The post Aptos teases NFT collaboration with Rarible amid on-chain activity spike appeared on BitcoinEthereumNews.com.

Layer-1 blockchain ecosystem Aptos is gearing up for a new collaboration with NFT marketplace Rarible as the network sees a spike in daily transactions. Aptos (APT), a layer-1 blockchain network based on the proof-of-stake consensus mechanism, is set to collaborate with Rarible, a marketplace for non-fungible tokens, to achieve what the blockchain describes as a “game-changer” for both platforms. In a forum post on Aug. 22, a global community manager for the Aptos Foundation under the alias “Angel” hinted that Rarible might soon add support for the network, bringing the potential for “novel NFT use cases leveraging Aptos’ tech.” “Whether it’s a full marketplace launch or another form of collaboration, this teased alliance between Rarible and Aptos is definitely one to watch!” Angle, global community manager for the Aptos Foundation Rarible, which already supports networks like Ethereum, Base, and Celo, has not yet integrated Aptos, according to its FAQ page. However, the marketplace has also hinted at a possible collaboration with Aptos on its social media, though the details remain unclear. The news of the possible partnership coincides with an unprecedented surge in activity on the Aptos network. On Aug. 14, daily transactions on the blockchain nearly hit 144 million, according to data from Aptoscan. While the reason behind this surge remains unclear, it marks a significant uptick in on-chain activity. The surge in activity occurred just days before Tether announced that its U.S. dollar-pegged stablecoin (USDT) would soon be available on the Aptos network. While the exact launch date remains undisclosed, Tether highlighted Aptos’ “robust developer community” and “extremely low gas fees” as major reasons for the move. Tether highlighted that Aptos’ low transaction costs make it “economically viable for a broader range of use cases, from microtransactions to large-scale enterprise operations.” Source: https://crypto.news/aptos-teases-nft-collaboration-with-rarible-amid-on-chain-activity-spike/

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Filed under: News - @ August 22, 2024 8:22 am