Sollarmint, a fresh new entrant into the world of information technology and blockchain technology, wishing to penetrate the NFT market.
They are currently developing a NFT marketplace to do just this. The vision of Sollarmint’s marketplace is to help student creatives to gain exposure and to monetize their creations. Sollarmint also wants to create a platform where professional digital creatives can sell their creations. The type of creations can start with artwork, music or collectibles and can be so broad that it can go to domain names, virtual worlds, or virtual fashion. The options are endless with this project.
The platform is bringing heat to a currently heavily contested space, where innovation is rife. Sollarmint will be launching its platform with a competitive cost of 2% commission for a platform transaction.
Sollarmint is not just a plain NFT marketplace, but they are also creators themselves. They are passionate about this space and as a result, have been inspired to produce their own NFT pieces. They have created 14 different collections of beautiful digital art that they are currently offering on the Opensea marketplace, on their account called Sollarmint1.
The artistic quality of some of the pieces is literally out of this world. There is literally something for everyone. There are both 2D and 3D pieces, so depending on your preference they are both available. 14 collections mean there are over 60,000 pieces of creative artwork available for purchase. This artwork goes from 3D Ogre creations, 3D merman creations or 3D alien creations to 2D zombies or even manga characters. The artwork is just phenomenal and exquisite. So if you are on Opensea, definitely check out these collections.
Sollarmint are also currently preparing for the launch of their brand new cryptocurrency token. The name of this token is LLARS and it has the symbol $LLARS.
LLARS is a ERC20 token standard. ERC refers to the scripting standard used within the ethereum blockchain when the token is created and deployed. The token is deflationary in nature, with this type of token the supply decreases based on a burn feature. The token will burn the supply at a rate of 0.25%.
Sollarmint is currently focusing on the development and release of their NFT marketplace. The LLARS token will be incorporated into their NFT marketplace. The token will begin as a governance token. It allows the Sollarmints community to vote on or create new decisions focused on the marketplace. Potentially adding a new utility for the token in the future.
LLARS is received through a system incorporated into the design of the marketplace. The token is given as a reward to both sides of marketplace transactions. This means that buyers and sellers will both receive the token as a reward. LLARS can also be purchased from the uniswap cryptocurrency exchange.
LLARS is currently preparing for the ICO of their token set for 1st May 2022. Prior to this release, they will be releasing a whitepaper on 30th March 2022. This whitepaper will provide users with further details about the token such as the tokenomics involved, their roadmap and their vision.