Blockchain firm and cryptocurrency exchange Huobi is making its claim on the Metaverse with its NFT Marketplace trial, which allows users to buy and sell NFT artwork, collectibles, and other digital items.
Huobi says the launch of the Huobi NFT marketplace has been working on this project for some time and is a “significant milestone” in expanding its metaverse strategy.
The company is also working on gaming, decentralized finance and GameFi projects. Huobi Ventures, the investment arm of Huobi Group, announced in September that it has launched a $10 million fund to invest in GameFi projects.
Huobi Group strategy director Jeff Mei made the following statements in a statement;
“The concept of NFTs as an immutable proof of ownership is very strong, so we are excited to see where our NFT market will take us. ”
Recently, several NFT marketplaces have been launched where users can purchase, create, view and trade NFTs.