SushiSwap, a decentralized cryptocurrency exchange platform running on Ethereum, has announced the launch of 'Shoyu,' a new NFT platform that intends to reimagine "creative commerce."
The announcement of 'Shoyu' came in the form of an intriguingTikTok post with a caption reading: "in a desert of NFTs, an oasis is emerging." The post consisted of a short teaser trailer featuring desserts landscapes and an elusive metal sculpture reminiscent of Kubrick's monolith in "2001: A Space Odyssey."
The new platform was proposed by LexV, a former SushiSwap contributor who wanted to build an NFT marketplace with a frontend, caching layer, and infrastructure for art storage, all powered by SushiSwap technology. Shareholders of SUSHI can expect several benefits tied to the announcement of 'Shoyu" including eligibility to receive 2.5% of every NFT trade on the platform.
Future-Forward NFT Art Platforms
SushiSwap Set To Launch Ethereum-Powered 'Shoyu' Marketplace
Trend Themes
1. Decentralized NFT Platforms - Opportunity for businesses to create decentralized NFT platforms for creative commerce.
2. Blockchain-based Art Marketplaces - Creating blockchain-based art marketplaces can help in reimagining the traditional art market.
3. Crypto-powered Creative Commerce - Businesses can explore opportunities in crypto-powered creative commerce platforms.
Industry Implications
1. Blockchain Industry - The blockchain industry can capitalize on the potential of NFTs and decentralized art marketplaces to create disruptive innovations.
2. Art Industry - The art industry can leverage the potential of NFTs and blockchain technology to create new revenue models.
3. Cryptocurrency Industry - The cryptocurrency industry can explore opportunities in the crypto-powered creative commerce space through the development of NFT marketplaces.