NFT using certified cryptocurrencies can be bought and sold secondarily with Ethereum and Polygon.

SmartApp Inc. (Minato-ku, Tokyo, CEO: Jangdeok Ko, hereinafter SmartApp), developer and operator of the blockchain platform using NFT (Non-Fungible Token), is pleased to announce the global launch of the NFT Nanakusa market, which can broadcast and sell NFT to the global market as the first Japanese market for individual artists.

“NFT (Non-Fungible Token)” digital token market, which uses the characteristics of blockchain technologies, has expanded rapidly in recent years and is attracting attention in a wide range of genres, such as designers, illustrators, writers and musical artists. .

Under these circumstances, SmartApp has launched the “nanakusa” NFT market, which is the first market in Japan to broadcast and sell NFT, now available its service worldwide.

“Nanakusa” NFT marketplace is the NFT point of sale produced by authorized content holders, NFT distributors and crypto artists engaged in individual activities (primary sales) and user NFT buying and selling activities (second sales). It is an NFT service. NFT trading platform.

Nanakusa Features:

1) Accept Ethereum / Polygon payments. payable and compatible tokens for exchanging NFT on nanakusa are Ethereum and Polygon. polygon is a typical sidechain of layer 2 solutions that can run on Ethereum networks. By using Polygon, users can drastically reduce the rising cost of GAS, which is a big deal for using Ethereum nowadays.

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2) Permanently returns royalties to issuers even on secondary sales If the NFT is issued in nanakusa, the rights will be permanently returned to commercial operators / producers even when users buy and sell during secondary distribution. duty drawback rate can be set by each commercial operator / producer when the NFT is issued.

3) Limited Viewing Right (PAT.P) If you use NFT’s viewing right limitation function when broadcasting an NFT, you can limit the viewing of the original broadcast NFT file to the owner only. (Everyone can see the thumbnail image) Using this feature, for example, published e-books can be limited to owners only, who can promote them to secondary sales.

• This feature is currently patent pending.

4) Selectable / Editable NFT File Storage Location NAN user published by nanakusa can select the location of file management server named IPFS, in addition to nanakusa content server as the method to save files like images, videos and e-books.

5) Automatic distribution of rights By setting the distribution of royalties in advance when issuing the NFT, it is possible to automatically distribute royalties on secondary sales to the portfolio.

• Roadmap following roadmap for nanakusa is planned in the future.

May ・ Start of hiring second certified crypto artists ・ Implementation of the sales function in auction format

June ・ Credit card payment support ・ Supports additional payments from other chains

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month of July ・ Support for new Layer 2 solutions Provision of OEM provision for NFT market function (allows companies to develop the NFT market in their domain of ownership)

In addition to individual artists, nanakusa also has alliances with content and commercial headlines and partners who have artists.

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