The concept of NFTs makes more sense when placed within the context of web3.0. It serves for value placement and monetization of basically anything from artworks, to the authentication and verification of physical items. Within the blockchain industry, the utility of NFTs is more visible in the blockchain gaming sub-industry. The nature of NFTs necessitates exchanges that specialize in the technology; however, the concept of NFTs creates a chain limitation that restricts inter-chain trade. Each blockchain platform restricts its elements, making exchange/swap/trade between items from different blockchains impossible. This doesn?t only restrict the amount of NFTs that can be traded, it also restricts inter-community patronage. In order to support a better attempt at global adoption of NFTs in the web3 revolution, we must create a tangible solution to foster easy use for NFTs.

The Stackspace project is centered on an NFT-based exchange that solves the on-chain limitation. Through a set of feature combinations, they can achieve interoperability and a multi-chain/cross-chain solution for trading NFTs between blockchains easily (doesn?t strike out the complexity of the process).

Stackspace: The common ground for trading, investing and spending

Stackspace is designed as a multi-function ecosystem, integrating an NFT marketplace with multi-chain interoperability, a DAO powered launchpad for Web 3.0 games, and an APP with an associated VISA card.

By simplifying the use of the NFT space, setting a high standard for listing GameFi projects, and implementing the token architecture, Stackspace creates a heterogeneous space, based on efficiency and safety.

What are the advantages of using Stackspace?

The Stackspace initiative offers a wide array of solutions to tackle the various issues faced in the industry by users and project owners. The Stackspace ecosystem will allow users to trade NFTs from different blockchains, select GameFi projects for investment, and spend their tokens on daily expenses.

Stackspace is an ecosystem that will connect users from different platforms by implementing its core protocol that enables multi-chain transactions. The platform will support the Binance Smart Chain Network, Solana, Ethereum, and Polygon at launch. After this phase, they will move on to implement the next phase on our roadmap, which is the transfer of assets between these mentioned blockchains.

Let?s take a quick look at the benefits of using Stackspace features:

a) Multi-chain Interoperability

The Stackspace platform will address the lack of communication between blockchains through multi-chain interoperability and serve as a bridge that allows NFTs to be traded across blockchains.

b) DAO-Powered Launchpad

To determine what gets listed on Stackspace, a DAO will be developed for their platform users who have voting strengths based on the quantity of STSP tokens held. On the Stackspace Launchpad, GameFi projects will run on various blockchains with NFTs traded on their marketplace. To ensure high standards, listing requirements will be very strict and their community will vote on projects via the DAO system. This is to ensure that they offer developers and investors a sense of security by attracting good projects, and scaring off scam projects from the ecosystem.

c) Stackspace App & VISA Card

The Stackspace App will be an integral part of the project. The first version will be developed for STSP holders and investors to track metrics of their holdings and rewards, with the help of a secure wallet. Afterwards, a bi-directional payment mechanism will be implemented, through a VISA card that will allow users to buy STSP and pay with the tokens, all within the App. The Stackspace ecosystem is designed to simplify the introduction and

withdrawal of liquidity through the STSP token. With the integrated VISA card, artists can now easily monetize NFTs and make Stackspace their primary option.

d) A Fully-Fleshed and Easy Use Centered Ecosystem

Although the DeFi ecosystem has a wide range of tools, users are forced to access multiple applications to access them.

Stackspace?s ideology aims to create an all-encompassing blockchain hub where NFT lovers, gamers, and crypto enthusiasts from different blockchain communities can find common ground to transact without the current chain constraints.

Can Stackspace challenge the major NFT marketplaces?

Technically, it wouldn?t be prudent to compare conventional NFT marketplaces with Stackspace, that is much more than a traditional marketplace. Stackspace is a unique ecosystem with multiple features that map to a user?s needs, but integrated into a single, easy-to-use and secure platform.

Stackspace is taking on the challenge and is targeting a share of NFT?s total revenue in the coming months. With a strategy that puts the product first, Stackspace stayed away from the hype. However, recent updates from the team have informed us that they are close to setting a deal with well-known tech companies and will be deploying a beta version to their global community.

Commenting on the expanded features, co-founder Stefan Ilie said: ?Stackspace will be the bridge between blockchains, therefore a home for artists, investors and traders.?

The team has also confirmed that they are in talks with several institutional investors and VC funding companies who are actively pursuing the project and have expressed interest.

Stackspace?s latest update is their partnership with well-known blockchain consultant Ian Scarffe.

Ian Scarffe is a serial entrepreneur, investor and consultant. He is also an independent expert at the European Commission ? Horizon 2020.

Ian brings a wealth of experience to the Stackspace team. With a proven track record and as a key global influencer in fintech, Ian has been instrumental in helping several blockchain startups to excel and achieve their goals.

With a streamlined strategy and a solid team of experts supporting and advocating the Stackspace project, it?s only a matter of time before we will see Stackspace carve out a space for itself by acquiring a share of the booming global NFT revenue. The idea of building a platform that addresses the problems in the space looks promising and deserves attention.