Morpher launches unique market for virtual collectibles
Austrian blockchain company Morpher has today announced the joint release of two new products. The first is unique markets, making it possible to trade virtual versions of collectibles, and the second is Morpher’s mobile trading app.
Unique markets are a new category with virtual representations of collectibles such as the Bored Ape Yacht Club, CryptoPunks, and luxury watch brands like Rolex. Traders can benefit from the price swings of these blue-chip collectibles no matter how deep their pockets are. Investments start from as little as $1 to grant exposure to the price appreciation of a Rolex.
The company will soon unlock new exclusive synthetic markets for real estate, corporate fundamentals, water, and energy prices.
Making collectibles liquid only becomes possible by synthesizing markets on the blockchain. Morpher developed a blockchain protocol that observes the prices of stocks, commodities, and cryptocurrencies in real-time and empowers its users to trade synthetic copies of these markets via its cryptocurrency, MPH.
With the launch of blue-chip collectibles, the company expands into making previously illiquid markets available for trading. In the future, any data-feed could become a tradable market.
“We believe that everyone should have access to the best markets, not just those with deep pockets,” said Martin Froehler, CEO of Morpher. “Morpher Uniques represent a new era of trading, where markets previously reserved for the elites become universally available.”
Trading Without Borders with the Morpher Mobile App
Morpher’s new mobile app is now available for download on iOS and Android. The fee-free app gives users easy access to over 700 markets for trading and is part of Morpher’s mission to democratize trading.
“We want to make trading accessible for people in emerging markets, and create a fairer financial system for everyone,” said Martin Froehler. “Whether you’re interested in crypto, stocks, forex, or the exciting world of NFTs, whether you are rich or poor, you should have free access to all global markets at your fingertips.”
For more information please go to https://www.morpher.com/
Disclaimer: This is a paid post and should not be treated as news/advice.