Announcement on the migration of NMT to NFTMart mainnet

NFTMart
2 min readOct 28, 2021

According to the roadmap plan, the NFTMart mainnet was officially launched on September 24, 2021. As of now, it has been operating stably for more than a month. There are currently 22 mainnet nodes and 1,832 active accounts. In order to further promote the expected positive cycle of the NFTMart mainnet economic model, we will actively guide users to gradually migrate the NMT on the Ethereum chain while retaining the NMT of the Ethereum chain and maintaining the same value as the mainnet NMT to NFTMart mainnet

On-chain acceptance

NMT cross-chain acceptance has started since October 12th. Users can easily cross-chain the NMT in the Ethereum wallet to the NFTMart mainnet via https://swap.nftmart.io/ .

Exchange acceptance

Starting from October 28th, Gate Exchange (gate.io) has started to support the NFTMart mainnet, and at the same time reserves the deposit and withdrawal of ERC20 NMT. Users can easily achieve cross-chain by depositing ERC20 NMT into the Gate Exchange and then withdrawing coins to the NFTMart mainnet.

For other exchanges, if you want to support the NFTMart mainnet, please contact us. We are willing to provide technical and operational support.

Other measure

1. In order to facilitate the migration of NMT tokens, we will remove the liquidity of the NMT/USDT trading pair on Uniswap on November 1. Of course, third parties can still create trading pairs independently and continue to provide liquidity;

2. Open NFTMart nominee service. Become a nominee by staking NMT on the NFTMart mainnet and get rewards. The current annualized rate of return is 603.61%;

Related links

How to create the NFTMart mainnet address:https://nftmart-io.medium.com/how-to-create-a-nftmart-mainnet-account-52aa3df550d

How to exchange NMT to NFTMart mainnet:https://nftmart-io.medium.com/how-to-exchange-nmt-to-nftmart-mainnet-d6559fae2ebf

How to become a NFTMart mainnet nominee:https://nftmart-io.medium.com/how-to-become-a-nftmart-mainnet-nominee-20ced021c98f

Gate Exchange website:https://www.gate.io/en/trade/NMT_USDT

About NFTMart

NFTMart is a marketplace for NFTs based on the Substrate Framework.

It’s a fractional trading NFTs marketplace in the Polkadot ecosystem, with our own public chain. and we commit to being the most professional NFT marketplace in the world.

NFTMart is committed to being a low-cost-to-participate NFT marketplace, which provides users with NFT issuance and transaction services.

It is divided into two parts:

The first part nftmart.network is an open and decentralized NFT public chain, which delivers the issuance of NFTs and transaction data on the chain.

The second part is nftmart.io which we provide a fun, simple, accessible transaction experience for all. NFTMart is taking steps toward developing itself into a decentralized autonomous organization.

NFTMart will also establish an ecological fund to support third parties to expand NFTMart through interfaces, contracts, and other methods to achieve a more diversified NFT+ ecosystem.

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NFTMart

NFTmart is committed to becoming the world’s most professional decentralized NFT trading market.