Explore the greatest collection of NFTs by world leading artists
The PRISM NFT marketplace enables users to enjoy NFT artworks and collectibles securely and easily, all while being confident of their quality thanks to curation. With its groundbreaking technologies, PRISM aims to tackle the drawbacks in the current NFT marketplaces. It offers a comprehensive NFT platform with curatorial elements and a security guarantee.
PRISM NFT marketplace empowers the art industry to make the most of blockchain technology. PRISM provides artists with the appropriate space to exhibit their work, combined with intimate collector relations bringing in buyers from investment funds, art groups, galleries and more. NFTs are an asset of the future, PRISM invites collectors to explore the premium blue-chip and emerging NFTs.
The crypto industry has witnessed explosive popularity in non-fungible tokens (NFTs). Investment bank Jefferies made a forecast that the NFT market cap may exceed $35 billion in 2022. The number will hit $80 billion by 2025. There is a wide belief that NFTs will disrupt the traditional art and collectible industry. Indeed, traditional auction houses like Sotheby’s and Christie’s have already embraced NFTs, resulting in multimillion-dollar auctions hammered down.
Despite the recent bearish trend of the crypto market, the performance of NFTs has stayed strong. In a January DappRadar report, NFTs recorded a $6.7 billion trading volume in 40 days, a 60% equivalent of that in Q4 2021. However, crime proliferates along with the NFT craze. Chainalysis revealed in a report that illicit addresses received $14 billion in 2021, up from $7.8 billion in 2020. Blue-chip NFT collections, such as Bored Ape Yacht Club, have become the hottest target of NFT theft. Equally serious, art plagiarism is not uncommon in the NFT marketplaces. Dutch artist, Lois van Baarle, told the media that she found more than 100 pieces of her art for sale on an NFT marketplace. Shockingly, none of them had been put up by her.
The industry is calling for platforms that put user interests at the core. In response to such demand, PRISM strives to enhance the security of the current NFT technology. The team positions itself to become the hub for all to create and collect NFTs safely and effortlessly. Curation is key.
The curatorial element of PRISM NFT Marketplace
PRISM offers a seamless creation, browsing, and purchasing experience, with fully customizable collections, profiles, and other game-changing social features. More notably, the cutting-edge curation of PRISM sets it apart from its rivalries.
Often working behind the scenes, curators play an influential role in the art we see in galleries and museums. As a result, since art is usually conceptual and abstract, curation helps communication between the artists and the audience.
One of the curatorial practices of PRISM is to empower artists with the emerging technologies of blockchain. The marketplace has successfully invited many recognized arts and brands on board, such as Creative Director Alan Bodner who has worked for Disney including creative direction for Kim Possible and Phineas & Ferb.
For collectors, the curatorial content spans a wide range of art genres; photography, sculpture, fashion design, physical arts, digital arts, and music, just to name but a few. PRISM will be an exciting and culturally rich community for all NFT enthusiasts.
360-degree enhancement for NFTs
ProtectArt, the patent-pending technology invented by Nathan Trudeau, provides additional layers of protection to NFTs for both artist and collector. NFTs minted through PRISM are automatically protected by the unique technology. ProtectArt ensures that the authentic piece is only accessible to the creator and the NFT owner using advanced cryptography.
Furthermore, PRISM also attributes each user with a PRISM Score. This score aims to gauge platform users’ reputation. In essence, it optimizes the transparency of the NFT bidding process like never before.
PRISM offers flexible payment
PRISM accepts multiple currencies, freeing users from currency conversion headaches and hidden fees. The available currencies for PRISM include ether, bitcoin, litecoin, and XLM. PRISM marketplace has pioneered a variety of payment methods more than ever before.
For instance, a PRISM trader may buy an NFT with bitcoin, but the seller may still receive ETH. Likewise, a user may sell an NFT but receive payment in bitcoin, despite the buyer using ETH. PRISM will soon accept credit and debit card payments.
More about PRISM NFT marketplace
PRISM was created by NuPay Technologies, an innovative blockchain company. This marketplace is an all-purpose state-of-the-art NFT exchange utilizing non-fungible tokens (NFTs). NFTs are a type of digital asset typically containing visual art, music, video, but can contain any type of metadata. PRISM creates a safe and secure place in whIch artists and newcomers can Immerse themselves into the world of NFTs, allowing users to be creative while being kinder to the planet.
Disclaimer — This is a sponsored article. DappRadar does not endorse any content or product on this page. DappRadar aims to provide accurate information, but readers should always do their own research before taking action. Articles by DappRadar can not be considered as investment advice.
