What is NFTmall?

Symbol: GEM · Market cap rank: #11040

Short answer

NFTmall (GEM) is a cryptocurrency currently ranked #11040 by market capitalisation. It is classified as NFT marketplace.

Source: isthiscoinascam.com

Overview

NFTmall is a multi-chain NFT platform founded in 2022. It offers a marketplace and launchpad for NFT creators, traders, and enthusiasts. The platform facilitates the minting, listing, and trading of NFTs across various blockchains, aiming to address liquidity issues associated with NFTs on less popular chains. NFTmall operates with a governance model that utilizes its native token, GEM, which serves multiple functions within the ecosystem. The maximum supply of the GEM token is capped at 20 million.

The platform is designed to empower creators through a user-friendly interface that minimizes costs, including no fees for minting and reduced fees for sales when using GEM. NFTmall also includes features such as an NFT Materialisation service, allowing digital assets to have physical representations. The platform plans to introduce additional functionalities like NFT fractionalization, lending, and borrowing. Overall, NFTmall seeks to bridge the gap between digital and real-world use cases for NFTs.

Headquarters: Unknown

Scam-risk analysis

NFTmall has a moderate score — some risk signals were raised but no critical concerns. Is NFTmall a scam?

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