A Deep Dive into AkaSwap: Pioneering NFTs on Tezos

Dive into the world of NFTs on Tezos, and you’ll find yourself in a bustling digital art fair that’s both vibrant and constantly evolving. This isn’t just a niche corner of the internet; it’s a full-blown festival of creativity where artists and collectors from across the globe converge to celebrate, share, and trade digital masterpieces.

In this incredible space, platforms like Objkt and Teia have been making waves, becoming go-to spots for those looking to dip their toes or dive headfirst into the NFT pool. Yet, there’s a gem that’s been shining particularly bright, especially in Asia, and it’s time we shone a spotlight on it. Enter akaSwap.

AkaSwap strives to be more than just a regular marketplace. Instead, it is a complete ecosystem—a playground for the curious, a workshop for the creative, and a marketplace for the visionary. Beyond empowering artists to display and sell their work, it provides them with an entire ecosystem with unique tools to navigate the digital frontier effortlessly.

Let’s take a more detailed look at the main tools currently available in the akaSwap universe.

AkaSwap Marketplace #

At the heart of the ecosystem lies the akaSwap marketplace, Asia’s first and largest open NFT marketplace on Tezos. It showcases a diverse collection of artworks and projects from global artists.

Here, you can mint, sell, and buy NFTs using an array of different features that make the whole experience even more fun! Since the akaSwap marketplace could be an article on its own, I will highlight a few of its key features.

• Minting: Starting with the main feature of any NFT marketplace, akaSwap allows you to mint your NFT with the supported files being “bmp, gif, jpeg, png, svg, webp, mp4, ogv, quicktime, webm, glb, gltf, mp3, oga, pdf, x_directory, html (zip archive)” with a limit of 100mb.

• Auctions: When it comes to selling, besides the usual way of listing your NFT for a specific price, akaSwap allows you to create an auction for it where you can set a starting price on which interested buyers can bid. Along with the auction, you can also set a higher purchase price for the people who might want to buy it without getting into a bidding war.!

• Bundle: As the name indicates, the “Bundle” feature allows you to bundle up to 10 NFTs and sell them all together for a set price. For example, you could sell a bundle of artworks with a specific theme from different (or the same) artists.

• Gacha: This is another super interesting (and fun!) feature. You can think of “Gacha” as a raffle where you can put together up to 20 NFTs, set a draw price, and then collectors draw one of the NFTs randomly.

• Artist Club: The “Artists Club” feature is designed to foster a supportive community between artists and their fans through a mechanism known as delegation, facilitated by akaDAO. It allows fans to support their favorite artists by staking akaDAO tokens, building a relationship based on trust. When an artist’s work sells, fans who have staked akaDAO to support that artist can receive rewards.

AkaVerse #

AkaVerse is a virtual space designed for a metaverse, focusing on providing immersive experiences for showcasing NFTs in 3D virtual galleries. It supports cross-platform access, including mobile and desktop devices, with plans to expand into VR.

The user-friendly platform features a WYSIWYG (What You See Is What You Get) editor that enables collectors and artists to curate their virtual exhibitions effortlessly. This tool allows for a more engaging and interactive presentation of digital artworks, offering a fresh perspective compared to traditional online galleries.

AkaDrop #

Last but not least, another exceptional tool in the akaSwap ecosystem is akaDrop. This innovative platform streamlines the distribution of NFTs, making it incredibly simple and efficient for your target audience to acquire them. You have the flexibility to choose the NFTs you wish to share — whether it’s multiple editions of a single NFT, a variety of different NFTs, or a mix of both. You can generate a unique link and QR code to distribute to your audience.

Via this link, users are directed to a special page where they can claim the NFT effortlessly with a single click, using just their Gmail account and without having to pay gas for the transactions or other complexities that can ruin the user experience.

This approach removes the barriers associated with complex wallet setups, making it ideal for introducing non-crypto individuals to NFTs, whether online or at physical events.

Platforms like akaSwap are shining examples of the innovation and community spirit that help define the Tezos NFT space. They offer a unique blend of features that cater to artists, collectors, and digital art enthusiasts alike, making the exploration of NFTs more accessible and engaging than ever.

If you found this article interesting, dive deeper into the akaSwap ecosystem, explore the tools available, mint your masterpiece, or start your collection today, and most importantly, have fun.