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Core Foundation launches NFT marketplace - Core Journey Collection
Learn more about the Core Foundation and its plans to create a secure and decentralized ecosystem for dApps. Read about the launch of a Non-Fungible Token (NFT) marketplace and the launch of an NFT collection called Core Journey. Learn how Core Blockchain leverages the benefits of Bitcoin and allows Ethereum to run smart contracts and dApps. Additionally, you will learn more about Wizard Gallery, Core's new NFT marketplace. Also discover the Core Ignition incentive program for developers and the latest developments on the Core platform.
Core Foundation launches NFT marketplace - Core Journey Collection
Core Foundation, an organization that aims to create a secure and decentralized ecosystem for dApps, plans to launch a marketplace for non-fungible tokens (NFTs). This announcement was made on Monday and was supported by Core employee Rich Rines. In addition to the marketplace, an NFT collection called “Core Journey” will also be released to the community. This collection is intended to bring greater utility to the core network.
The core blockchain leverages the benefits of Bitcoin and is also EVM (Ethereum Virtual Machine) compatible, allowing it to run Ethereum smart contracts and dApps.
This move comes just days after the foundation launched a $5 million innovation fund to support India's Web3 community. Last month, the project also launched the $5 million Africa Ecosystem Fund to provide resources to support local Web3 developers.
Core Foundation's NFT marketplace is called Wizard Gallery and offers users seamless token minting and trading. According to the marketplace's website, it will host over 20,000 NFTs from more than 50 artists. The Core Journey NFT collection is already available on the marketplace and celebrates the journey of the Core Network.
In addition, Core is also introducing an incentive program called Core Ignition to reward developers for their contribution to the growth of the network. Core Ignition offers users the opportunity to engage and earn rewards while driving Core's growth and adoption.
Rich Rines commented that the core network has seen tremendous growth since the mainnet launch in 2023. It has become the most Bitcoin-aligned EVM chain and the preferred chain for building BTCfi and scaling Bitcoin with a large community. This is reflected in millions of core users, over 15 million unique addresses and 230 million transactions.
Recently, Core also published a paper on “Unlocking Bitcoin DeFi” and launched the Core Starter Program, backed with over $300,000 in incentives.