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Blocto and the new era of NFT trading


2021 will be forever remembered as the year digital assets finally took their place in the public mind. The crypto industry has become a juggernaut that will predict huge market capitalization potential as asset diversification has increased more than ever before, in part due to the global problems of the traditional financial industry. Now more than ever, people are looking for a replacement for traditional assets.

NFTs have taken on a unique place as digital assets as a number of them are truly unique. While many of them have embraced their places as unique works of art that can be traded and bought on the internet, other developments have shown even more of the impact that NFTs will have on the market. In the world of collectors, NFTs are showing their appeal more than ever.

NBA TopShots recently entered the Crypto scene as the premier NFT offering platform that will specialize in selling and trading real-life NBA game clips. For the first time, a collector will be able to own a part of an NBA game. From a simple latyup shot to a winning three-point shot, launched at the last possible second to win the NBA Championship. These moments will be captured forever as an NFT, and a collector can own a part of the game like never before.

Defended by Mark Cuban, owner of Dallas Mavericks and investor in Shark Tank, these developments are the first major investments by large public entities as well as the first major sports league to embrace the ideals of NFTs and crypto. Enthusiasm has already exploded into massive transactions on the exclusive platform provided by NBA TopShots, and common and rare NFT packs can be bought and traded much like traditional sports or collectible cards.

Prospective NFT owners keen to study this new development in one of the most exciting areas of digital asset development can often feel intimidated by the broad aspects of the growing metaverse. It can be difficult for them to find the right way to be introduced to the market, without knowing which platform to choose or how to use these new concepts, they could easily get lost in the whirlwind of new ideas. This question of knowing how to effectively exploit these new ideas is answered with a new actor determined to make the metaverse as accessible and fluid as possible for everyone: Blocto.

Blocto is a crypto wallet provider looking to make its cross-blockchain ecosystem the first choice for people looking for decentralized applications, or dApps, to meet their specific needs. Not only NFT trading, but income streams, games and other forms of applications will be available on Blocto in a way that is easy to access and use. People will be able to browse Blocto and find whatever they are looking for in the form of dApps adapted to their needs.

Thanks to its inter-chain nature, Blocto is able to transparently integrate blockchains such as Ethereum, Flow, Solana and Tron. Users of any of these blockchains can roam freely and download different dApps in an easy way. They can log in with their email and easily buy and sell NFTs like other everyday apps. No more complicated third-party apps, just quick and easy browsing, buying, downloading and selling.

Aiming to act as Steam for dApps, Blocto presents itself as an option for anyone interested in exploring the new field of the use of Crypto and NFT assets. With the recent rise of the metaverse, this unique ecosystem will be the place of choice for those who embark on the adventure of digital assets.

Mark Cuban recognizes once again the potential of a good idea when he sees one and has invested considerable resources in helping Blocto to develop further so that it can reach its full potential. In partnership with this company, he expects it to become the global standard for acquiring and downloading dApp.

Blocto CEO Hsuan Lee believes that all of these concepts, the metaverse, the use of NFT, and the expansion of digital assets have come together at the perfect opportunity for the average person to benefit. Instead of being a subject and a niche market, these concepts are now available so that everyone can take advantage of their desire instead of being forced to use a specific method or brokers who would determine the actions taken rather than the ‘user himself.

The idea behind Crypto and NFT has always been to provide a user with unprecedented financial independence. The idea that individuals can be in control of their assets and how they are used if they have the right tools and abilities is something that has captured the minds of many across the world as the metaverse has developped.

Blocto gives people the tools they need to find what they want from the Metaverse. Whether it’s financial success and independence or simple entertainment and gaming, Blocto offers people an intuitive and simplistic interface that will allow a person to enjoy their Metaverse experience like nowhere else. If someone is looking for the perfect place to store dApps, get the information they want, and embrace all the rest of Crypto, then Blocto is the answer to their blockchain questions.

This article does not necessarily reflect the views of the editors or management of EconoTimes.