Question : Which crypto exchange recently launched the first NFT marketplace in India ?
a. WazirX
b. Shah1
c. RustamV
d. SultanX
Ans. a.
Related facts
- WazirX has recently launched the first NFT marketplace in India.
- It is notable that WazirX is one of the largest crypto exchange in India.
- About the new launch
- The platform, which will be used to trade Non-Fungible Tokens (NFTs), is run on the Binance Smart Chain, a blockchain platform created by Binance, one of the largest crypto exchanges in the world, which acquired WazirX back in 2019.
- The marketplace currently has 15 creators, and WazirX has received over 15000 applications from creators and collectors already.
- It will have no listing price and “minimal gas fees” of $1 for transactions. The marketplace will initially host works from visual artist Vimal Chandran, anonymous street artist Tyler, wall mural artist Sneha Chakraborty, Montreal-based mixed media artist Ishita Banerjee, and automotive photographer Arjun Menon amongst others.
- WazirX will be open to everyone who wants to buy or sell the NFT and will use WazirX’s own WRX token for trading.