NFT Madness Marketplace Now Live on Polygon Network

Rhea-AI Summary

AppSwarm, Corp. (SWRM) announced the launch of 'NFT Madness,' its non-fungible token marketplace, now active on the Polygon network. This move enables lower gas fees compared to Ethereum, enhancing trading opportunities for NFT products. Additionally, the company introduced 'NFT DogeHub' on the Binance Smart Chain, facilitating payments in Binance Coin and Dogecoin. AppSwarm aims to partner with various industries to expand NFT applications, including ticketing and real estate, potentially increasing its market presence in the metaverse.

Positive

• Launch of 'NFT Madness' on the Polygon network enhances trading efficiency due to lower gas fees.
• 'NFT DogeHub' is now operational on Binance Smart Chain, allowing for cryptocurrency payments, expanding payment options.

Negative

• None.

Tulsa, OK, Dec. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, announces 'NFT Madness,' its marketplace for non-fungible tokens and Metaverse products, is now live on the Polygon network.

The Company is pleased to announce ‘NFT Madness,’ its initial marketplace for non-fungible tokens and Metaverse products, is now live on the Polygon network. https://nftmadness.io/

Polygon is a protocol and framework for connecting Ethereum compatible blockchains and operates a hybrid Proof of Stake and Plasma sidechains.

Polygon's significantly lower gas fees, compared to Ethereum, will allow for a more robust trading platform, and opens the door for NFT products in a wide range of prices.

The platform will allow us to collaborate with other Metaverse content producers with the goal of building ‘NFT Madness’ into one of the top Metaverse marketplaces. 

For more information on how to interact with the NFT Madness marketplace please visit https://nftmadness.io/site/faqs  

You can also join our NFT Telegram community to find out more information on the platform and updates at https://t.me/nft_madness

Binance Smart Chain

'NFT DogeHub', our marketplace focused on providing a gateway between Dogecoin and Metaverse NFTs, is now live on Binance Smart Chain and is enabled to accept Binance Coin (BNB) and Dogecoin (DOGE) as payment options. https://nftdogehub.com/

Ticketing and Access Tokens

NFTs by their nature provide a right or claim to a product, which can be verified and transferred through the blockchain. For these reasons NFTs are perfectly designed for such things as event ticketing, or ‘early bird’ developer access to new technology platforms or services.

AppSwarm will explore building partnerships and collaborations with art galleries, real estate firms, and event organizers for the potential of leveraging NFTs within these industries.

If you are a Metaverse content producer who would like to list your products on our marketplace, please email us at info@app-swarm.com.

For updates on this project please register at https://tulsalabs.io/investors/   

About APPSWARM

AppSwarm is a technology company specializing in accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.

For more information, visit us at www.app-swarm.com or follow us on www.facebook.com/AppSwarm Twitter https://twitter.com/AppSwarm or Instagram https://www.instagram.com/appswarm/

Forward-Looking Statements:

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk, and other risks detailed from time to time in the Company's filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.

Investor and Media Contacts:

AppSwarm, Corp.
888-886-8583
info@app-swarm.com

FAQ

What is NFT Madness and how does it relate to SWRM?

NFT Madness is AppSwarm's marketplace for non-fungible tokens, now live on the Polygon network, enhancing SWRM's position in the NFT space.

When did SWRM launch its NFT marketplace?

AppSwarm launched its NFT Madness marketplace on December 23, 2021.

What are the benefits of Polygon for SWRM's NFT marketplace?

Polygon allows for significantly lower gas fees compared to Ethereum, making transactions more efficient and accessible.

What is NFT DogeHub and its significance for SWRM?

NFT DogeHub is a marketplace on the Binance Smart Chain that allows payments in Dogecoin and Binance Coin, expanding SWRM's reach in the cryptocurrency market.

How is SWRM planning to utilize NFTs in ticketing?

SWRM considers leveraging NFTs for event ticketing and early access to new technologies, potentially opening new revenue streams.