Connect with us
Active Currencies 14794
Market Cap $2,467,692,571,200.00
Bitcoin Share 51.25%
24h Market Cap Change $-0.87

MEXC Global lists Paras supporting a diverse NFT experience

3min Read

Share this article

Paras, an NFT marketplace platform focusing on digital collectibles, will be listed on MEXC Global listed on 20 December 2021. By building under the NEAR protocol, Paras is able to create a community where users can easily have a consistent, quality NFT experience. 

A collection-based marketplace

Interest in NFTs exploded and the market saw substantial growth in 2021. Although there has been a diverse range of art styles and categories, finding high-value artwork has become a challenge. 

Paras promotes collections of art rather than a single piece. It is appealing for both crypto and traditional art lovers and trading card enthusiasts to build up their artwork collections. The platform collaborates with a growing number of artists so that users have chances to collect a set of cards once they start using the platform.

Paras has partnered with various projects and integrated NFTs into the platform, including Galaxy Online, OP Games, Metamon, and more. The team is intending to add layers to the current digital collectibles to expand what is available on the platform. 

Games, comics, and toys are the three verticals that are ideal for NFT integration on Paras. 

The platform is dedicated to producing and developing crypto-native intellectual properties. By creating new exclusive IPs, curated and tailored new NFT experiences are possible. 

In the long-term Paras is going to create a metaverse where the platform serves as a portal to a variety of entertainment options.

Evolving Capabilities 

Running on top of NEAR, a scalable blockchain, Paras offers very cheap and fast transactions for users. The goal of Paras is to provide the platform to support and develop crypto-natives IP by integrating it with NFTs’ utility and smart contract capabilities. 

Furthermore, Paras is providing a protocol for NEAR decentralized apps to buy and sell NFTs directly within the platform, with a focus on game integration. It also supports and develops crypto-native IPs to generate numerous income through the marketplace and platforms built on top of it. By passing project proposals and voting, the community can participate in decentralized autonomous organization (DAO) operations.

PARAS Token, which is listed on MEXC Global, is designed for multiple project purposes. PARAS token holders get access to certain promotions and events and limited edition NFTs that are both certifiably scarce can be issued by well-known influencers, artists, creators, and other merchants. 

The token is also used for DAO Governance. From artist whitelisting to feature updates, parameter modifications, and community grants, PARAS token holders participate in how the ecosystem is run.

Today, more and more people wish to be a part of the NFT business and shape the future through technology, ideas, or participation in a robust community of creators and supporters. MEXC Global will continue to work with projects like Paras to help people open up new ways to express ideas, link communities, and create value in the Web3 era.

About MEXC Global

Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading and staking services. The core members of the team come from international enterprises and financial companies and have experience in blockchain and financial industries.

For more information, please visit Follow MEXC Global at Twitter and Telegram.

 Disclaimer: This is a paid post and should not be treated as news/advice.


With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.