BPOI Banner
Justin Sun Hints at Lowering Fees on TRON Blockchain Amid SunPump Craze Justin Sun Hints at Lowering Fees on TRON Blockchain Amid SunPump Craze

Justin Sun Launches Tron NFT Platform: Here’s What to Know

Justin Sun’s SunPump introduced a launchpad for digital collectibles in collaboration with non-fungible token marketplace APENFT.

The new platform expands the range of offerings for the viral token launchpad and follows up on commitments the Tron executive made recently.

SunPump Teams Up For NFT Launchpad

Justin Sun announced the launchpad in a post on X (formerly Twitter). He cited the first-ever fair launch platform for NFT collections on the TRON network. Dubbed NFT Pump, the platform is live and available for users, including NFT enthusiasts, amateurs, and professionals alike.

“For the first time in the world, NFT + MemePump has been realized on Tron,” read the announcement.

The Tron executive shills NFT Pump as fair, transparent, and fun-filled, delivering adventure beyond trading. He noted that all NFT trading fees will go to buying back and burning NFTs.

“Tron needs a native, truly high-quality NFT project. To be honest, if such a project comes to life, I would change my PFP to one from that project,” Sun shared at the time.

Read more: What Is TRON (TRX) and How Does It Work?

The latest development reflects Sun’s commitment to expanding Tron’s influence. It also positions SunPump, the Tron-based token generator, to reclaim its thunder after weeks of faded steam. Other strategies already on the flywheel include a special SUN airdrop exclusive for TRX holders.

Notably, the suite of digital collectibles on NFT Pump includes representations of renowned celebrities. These include Elon Musk, Donald Trump, Changpeng Zhao (CZ), and Justin Sun, as well as animation characters and GIF images.  

Digital Collectibles on NFT Pump. Source: nftpump

It remains to be seen whether the NFT Pump will register the same level of traction or buzz as the SunPump. The NFT playing field remains marred with challenges. As BeInCrypto reported, 96% of NFTs are considered dead.

Read more: 7 Best NFT Marketplaces You Should Know in 2024

For NFT Pump, however, the challenges extend beyond the regulatory pressures and scam projects. The new NFT meme launchpad inherently assumes the dark cloud of FUD (fear, uncertainty, and doubt) that continues to follow the crypto executive. Some of them include operational and transparency gaps, which inadvertently affect projects linked to Sun.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Source link

Lockridge Okoth

https://beincrypto.com/justin-sun-launched-nft-platform/

2024-09-26 16:02:32

bitcoin
Bitcoin (BTC) $ 67,860.18 1.71%
ethereum
Ethereum (ETH) $ 2,617.92 1.35%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 594.84 0.75%
solana
Solana (SOL) $ 155.23 0.50%
usd-coin
USDC (USDC) $ 1.00 0.05%
xrp
XRP (XRP) $ 0.549674 1.48%
staked-ether
Lido Staked Ether (STETH) $ 2,615.64 1.34%
dogecoin
Dogecoin (DOGE) $ 0.126834 10.88%
tron
TRON (TRX) $ 0.159988 1.04%
the-open-network
Toncoin (TON) $ 5.25 0.40%
cardano
Cardano (ADA) $ 0.354128 1.38%
avalanche-2
Avalanche (AVAX) $ 27.66 2.14%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,085.04 1.09%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 2.87%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,815.17 1.97%
weth
WETH (WETH) $ 2,615.81 1.38%
bitcoin-cash
Bitcoin Cash (BCH) $ 365.53 2.99%
chainlink
Chainlink (LINK) $ 11.20 0.26%
polkadot
Polkadot (DOT) $ 4.31 2.02%
near
NEAR Protocol (NEAR) $ 4.94 3.00%
dai
Dai (DAI) $ 1.00 0.02%
uniswap
Uniswap (UNI) $ 7.65 1.97%
leo-token
LEO Token (LEO) $ 6.10 0.16%
sui
Sui (SUI) $ 2.02 3.09%
litecoin
Litecoin (LTC) $ 70.04 1.93%
aptos
Aptos (APT) $ 9.80 7.58%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,747.66 1.34%
pepe
Pepe (PEPE) $ 0.00001 0.29%
bittensor
Bittensor (TAO) $ 576.06 5.90%
internet-computer
Internet Computer (ICP) $ 7.92 1.08%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.44 1.61%
kaspa
Kaspa (KAS) $ 0.13268 1.07%
monero
Monero (XMR) $ 159.24 2.83%
first-digital-usd
First Digital USD (FDUSD) $ 0.999554 0.34%
ethereum-classic
Ethereum Classic (ETC) $ 19.33 0.61%
stellar
Stellar (XLM) $ 0.094473 1.59%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.369914 0.03%
blockstack
Stacks (STX) $ 1.83 1.04%
dogwifcoin
dogwifhat (WIF) $ 2.56 3.91%
immutable-x
Immutable (IMX) $ 1.52 3.48%
okb
OKB (OKB) $ 41.20 0.88%
ethena-usde
Ethena USDe (USDE) $ 0.999561 0.13%
whitebit
WhiteBIT Coin (WBT) $ 16.35 0.05%
aave
Aave (AAVE) $ 155.97 0.01%
filecoin
Filecoin (FIL) $ 3.74 0.64%
optimism
Optimism (OP) $ 1.72 0.47%
mantle
Mantle (MNT) $ 0.628514 3.07%
crypto-com-chain
Cronos (CRO) $ 0.078207 0.94%
render-token
Render (RENDER) $ 5.35 2.87%