NFTs on the Fantom Blockchain

NFTs are a fast-growing asset class, thanks to the lucrative opportunity it creates for digital artists, Web3 Developers, Digital Marketers and Investors. NFTs have paved the way for increasing the Total Value Locked (TVL) in Ethereum, Solana, and now several other blockchains.

NFTs have barriers to entry for many prospective investors due to the high gas Fees on the Ethereum Blockchain. In project launches, investors oftentimes find themselves in 'gas wars,' or competitions with other investors to mint an NFT, where gas prices could climb to over $1,000, on top of the minting price.

We've decided to launch half of the Fantom Force Collection (5,000 NFTs) on the Fantom Blockchain, and here is why:

1. Transaction Speeds: $FTM can handle thousands of transactions per second almost instantaneously. No waiting around to send your $FTM across wallets or transact for digital assets.
2. Gas Fees: $FTM transaction fees are insignificant compared to Ethereum gas fees. For reference, the gas fee on our last transaction in our developer wallet was 0.00759614 $FTM, equivalent to $0.022 at the time of writing this.
3. Secondary Marketplace Accessibility: While the main hub for Ethereum and Polygon NFTs is Opensea, a number of platforms accept FTM NFT listings, including PaintSwap, NFTKEY and Artion. Many of these marketplaces are in their infancy. Listing on Fantom Marketplaces early in their inception will allow our collection to stand out on each respective platform as their customer bases increase overtime.
4. Community: Full of Passionate, supportive advocates and innovative dApps, the $FTM project community & its investors is growing stronger day by day.
5. Opportunity: NFTs on $FTM are still in a stage of infancy. As the $FTM ecosystem continues to grow, volume will increase, leading to strong appreciation in the value of collections launched in the early stages.
6. Utility: Following mint, our team will begin developing TroopTreasures, a Play-To-Earn blockchain game where NFT holders can compete with their Fantom Force NFTs & earn $TROOP. To mitigate gas fees in our P2E model, Fantom will be the blockchain that will host TroopTreasures.