{"id":133925,"date":"2021-07-30T13:42:28","date_gmt":"2021-07-30T13:42:28","guid":{"rendered":"https:\/\/precoinnews.com\/?p=133925"},"modified":"2021-07-30T13:42:28","modified_gmt":"2021-07-30T13:42:28","slug":"iost-based-revival-nft-marketplace-registers-immediate-success-transaction-volume-exceeds-1-million-days-after-launch","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/iost-based-revival-nft-marketplace-registers-immediate-success-transaction-volume-exceeds-1-million-days-after-launch\/","title":{"rendered":"IOST-based Revival NFT Marketplace Registers Immediate Success, Transaction Volume Exceeds $1 Million Days After Launch"},"content":{"rendered":"
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Ten days after launching, Revival\u2014an NFT marketplace on the IOST blockchain\u2014is posting enviable metrics, an update on July 27 indicates.<\/strong><\/p>\n Revival is gaining excellent traction. Weekly transaction volumes now exceed $1 million. Additionally, more artists are joining the Medici Support Program.<\/p>\n Five high-value NFT pieces by Edison Zhang, a renowned Chinese street artist, have already been auctioned on Revival.<\/p>\n Notably, two of Zhang’s masterpieces, “The Beauty and Pain of Pangolin<\/em>” and “Tang Sancai \u2014 Akhal-Teke<\/em>,” were sold for 954,968 IOST and 27,795,023 LOL tokens, respectively.<\/p>\n It should also be mentioned that the average number of daily active users on Revival has been recorded to be 150.<\/p>\n In the same vein, the highest LOL margin reward APR was 5118% while that for IOST was 216%.<\/p>\n Revival’s Medici Support Program also remains open for all artists across the globe.<\/p>\n Thus far, the talent acquisition program for talented digital creators has attracted artists from as far out as the United States, Japan, China, Russia, India, and more countries.<\/p>\n Eventual approval by the team would lead to even more accumulation of artwork, including graffiti, paintings, and calligraphy.<\/p>\n Meanwhile, artists would receive start-to-finish technical and marketing support from the Emogi team.<\/p>\n Once they join the program, artists are only required to submit their digital artworks.<\/p>\n Afterward, the Emogi team will create, sell or auction the artwork, showcasing it to thousands of network users.<\/p>\n The Revival NFT marketplace, which launched on July 20, is an easy-to-use platform with a simplified user interface, gasless transactions, and ultra-fast settlements for all NFT operations.<\/p>\n These attributes are because IOST–a high throughput, decentralized and activity-dense network–powers the Revival NFT marketplace.<\/p>\n Revival is on the path of promoting the adoption of NFTs, maintaining that no artist is too big or small to showcase their work in a decentralized environment without go-betweens.<\/p>\n At the moment, the Revival team has said it is giving away 200 Limited Edition of “Venus” NFTs and one million LOL tokens to commemorate their successful launch.<\/p>\n The campaign, split into two events, is ongoing and ends on Aug 4 at 10 AM UTC.<\/p>\n In the first event, the Venus NFT Badge Giveaway, the Emogi team will randomly select 200 winners who have at least made a trade on the Revival Marketplace and award them with a limited-edition “Venus” NFT badge.<\/p>\n The second event, which will precipitate on Aug 4, will see the Emogi team take a snapshot of users’ locked LOL tokens at 9 AM UTC. The top 10 LOL holders will equally share a prize pool of one million LOL tokens.<\/p>\n All winnings will be distributed within one week after the campaign ends.<\/p>\n<\/span>Transaction Volumes Exploding, Exceeds $1 Million<\/strong><\/span><\/h2>\n
<\/span>The Medici Support Program Drawing Global Digital Artists<\/strong><\/span><\/h2>\n
<\/span>Promoting NFTs and Encouraging Digital Artists<\/strong><\/span><\/h2>\n
<\/span>Celebrating the Successful Launch of the Revival NFT Marketplace<\/strong><\/span><\/h2>\n
<\/span>Related posts:<\/span><\/h3>\n