NFT is the next big thing and Vibranium is just enough to prove it!
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Quite a claim, right? Let us tell you why. When the concept of NFT’s popped up, the people who ruled the markets said that it was a concept that needed a lot of equity to make people believe that it could work out and Vibranium is that equity that made it possible. Vibranium is the fastest-growing marketplace for artists who can buy and sell digital arts as NFT’s.. It is a platform that is built in India for artists around the world.
The team at Vibranium is what makes it more special. The Founder and CEO, Mr. Hesan Kumar Naik along with his team of co-Founders Mr. Misan kumar (CMO), Mr.Emmanuel Digal (CFO) and Founding member/Talent manager, Mr.Ayan khan started Vibranium keeping in mind the competitive and fair space advantage that vibranium is going to offer for the Indian Artists when compared to the international market.
Vibranium is a platform that helps people understand that NFT is an untapped market, but why with artists? Let us explain.
Why artists and not any other conventional product?
Artists in India do not have a platform to sell their art as NFT. Even if they wanted to, they need to go international and it becomes a hurdle for them due to unfair and competitive space. Artists are often forced to sell their art at a very low price, barely able to get some money for their effort. With art galleries out of frame, the situation doesn’t seem to improve particularly and this is why artists are switching careers in India just to make a living.
It’s disheartening to see the situation of art and the artists and this is what gave birth to Vibranium. It is not only for artists in India but for anyone who wants a fair competitive space to sell their art. Vibranium is many things that an artist dreams of powered by NFT’s.
How big of a market are we looking at here?
NFT’s are the best when it comes to art, especially digital art. During the 2021 summer, 5000 digital art pieces were sold as NFT’s which were worth a staggering $69 million. This is what attracted artists and creators around the globe to sell their art as NFT’s.
Global marketplaces that bought and sold digital arts as NFT’s were inaccessible for Indians moreover illiquid market, enormous gas fees and many such things made marketplaces for artists unattractive and hence one-stop solution to all that was Vibranium which started on 17th May, 2021.
It is solving a lot of problems that artists face. There is a vast potential in a perse and culturally rich country like India and this is what Vibranium aims to conquer the untapped market.
So, what makes Vibranium unique?
Vibranium is not only addressing a niche market but the global market as well. It is a platform that is giving artists the much needed exposure. The buzz is attracting various artists in India as well as globally. How?
• The platform till date has more than 350+ registered NFT creators.
. Minting fee is less than $1.
• The platform provides a fair competitive advantage.
• This is the first space in India to promote NFT’s in an artist’s marketplace.
• The traffic reach to the website is exponential and this means many eyeballs who are potential artists have started taking notice.
Adding to all this, it also adds to the sense of fulfillment for the Indian artists as they have a dedicated platform to sell their art without being knocked off which is common in the international market.
Apart from this, in the mid of May, vibranium also launched their very own token VIBRA with more than 2400+ holders for the token. For a new concept like this, having 2400+ holders in the first round is just the beginning of all things great.
So why should artists come to us?
At Vibranium, for every sale that happens on the platform, we charge an affordable cost of 4% as service fees. With gas fees significantly lower compared to all the markets(less than $1), Vibranium is equipped with all the bells and whistles to steer through an illiquid market. Vibranium is also a space that has zero tolerance towards illegal sales and thus giving our artists a safe, reliable and affordable space to sell their art.
What’s the bigger picture for Vibranium?
NFT’s are indeed a booming concept, but still will experience latency due to the lack of knowledge about the concept. The goal with Vibranium is to expose artists and people to the power of Crypto and help them reap the benefits of selling anything (with us, Digital Art) through a decentralized system.
Topics : stock markets
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First Published: Sep 08 2021 | 12:03 AM IST