What makes Angel Dust a good NFT marketplace project? What will its upcoming PinkSale look like? Learn everything you need to know in this article!
Angel Dust NFT Marketplace on PinkSale
Angel Dust, a new NFT marketplace for BNB Chain users, has announced the launch of its Pinksale event on Thursday, Sept. 22.
Subscriptions start at 7.5 million Angel Dust (AD) per BNB, with a hard cap of 3,000 BNB (current value of about $790,000). The AD token will be on BNB Chain (BEP-20) with a maximum supply of 100 billion AD.
A 5% tax on the token will be split as follows: 3% for ecosystem development, 1% for marketing, and 1% for the team.
Competing NFT marketplaces
OpenSea is one of the largest Ethereum-based Non-Fungible Token (NFT) marketplaces, including support for Solana, Polygon, and Klaytn networks.
Rarible is another NFT marketplace with support for Ethereum, Flow, Tezos, and Polygon.
Super Rare, Nifty Gateway, Mintable, Decentraland, Zora, Institut, and Foundation provide support only for the Ethereum network.
On Solana, NFT marketplaces include SolSea, Solanaart, Metaplex and Solport.
Ethereum NFT marketplaces are highly popular but suffer from issues of scalability and high transaction fees ranging from $50-$100. Solana offers lower transaction costs but has faced hacks in the past.
Binance offers a native NFT marketplace and provides lower fees on a high-speed network. Some other popular NFT marketplaces on BNB Chain include Element Market, Inery, Liquidifty, RadioCaca Market, OpenMeta, CUBE and Rareboard.
However, users must possess technical skills to effectively mint NFTs on these marketplaces.
How Angel Dust Seeks to Provide Value
The team said the project has many interesting partnerships in the pipeline that will be unveiled on launch day.
There is a need for additional and more-user-friendly NFT marketplaces on BNB Chain. Angel Dust has realized this potential opportunity and has come up with an easy-to-deploy solution.
Minting an NFT on Angel Dust will not require any specialized skills. No coding knowledge is necessary, and the NFT will be automatically listed on the Angel Dust and other NFT marketplaces. The initial 5% buy and sell tax will be reduced to 3% once a $500 million market cap is achieved.