Thursday, November 21, 2024

Reporting the Interchain

Stargaze: An NFT Platform for the Masses

Stargaze, an application-specific blockchain (appchain) in the Cosmos Ecosystem, is developing improvements at breakneck speed in an effort to make it the premiere place for Cosmos NFTs.

Some members of the crypto community would argue Stargaze is already the best place to create a collection of NFTs using Stargaze Studio, a tool built to allow anyone with minimal coding skills to deploy their NFTs into the cosmos.

Stargaze Studio
Stargaze Studio allows NFT creators to easily get their collection onto the Marketplace quickly

NFTs have been in the space for a few years with Ethereum coming out as a leader, however, high gas fees and scalability issues plague the blockchain and potential creators can be priced out on Ethereum. In contrast, Stargaze can be used by anyone and can handle 10,000 transactions per second.

With the upcoming Interchain NFT standards coming to the Cosmos Ecosystem, Stargaze could see its NFTs shooting across the Cosmos from one chain to another, creating a major step forward in the evolution of the NFT ecosystem, as it allows for greater flexibility and accessibility for creators and collectors alike. It also opens up new possibilities for cross-chain collaborations and partnerships.

Stargaze Marketplace
Stargaze’s Marketplace displays NFT collections and is sortable and filterable in many ways

Stargaze’s marketplace is designed to be user-friendly and intuitive, with a focus on providing a seamless experience for buyers and sellers alike. The team has also been working on improving the security and scalability of the platform, with the goal of making it the most decentralized chain in the Cosmos ecosystem.

Improvements to the platform have been coming at a dizzying pace, among them sorting and filtering options for looking through one’s collection, which can number in the hundreds easily with current bear market prices.

Another tweak let’s sellers see how many STARS they will receive from a sale, less the burn mechanism and royalties, producing an accurate return.

Other improvements have been on the quality of life side, like notifications alerting sellers that their NFT is selling below the floor, or they are about to sell for way less than they thought. This feature has saved more than one NFT collector according to Twitter.

One of the key features of Stargaze is its focus on sustainability, with the platform being fully carbon neutral and having zero gas. This makes it an attractive option for creators and collectors who are concerned about the environmental impact of blockchain technology.

As Stargaze continues to evolve and improve, it has the potential to become a major player in the world of NFTs and decentralized applications. With its focus on interoperability, scalability, and sustainability, Stargaze is well-positioned to take advantage of the growing demand for NFTs and may see some serious floor sweeping in the future.

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Justin Werner
Justin Wernerhttps://cosmosnews.zone
Justin Werner is Founder and Publisher of Cosmos News, a trusted source of local news and information for the Cosmos ecosystem. He is also a community leader, entrepreneur, and dedicated advocate for transparency and accountability in local government.

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