Refinable, an NFT marketplace for creating, discovering, trading and leveraging NFTs, will become the first major Polkastarter IDO to fully operate on Binance Smart Chain from 23rd April, 2021. Refinable recently raised $3 million to fund its growth and development, including direct personal investment from prominent content creator, Mr. Beast. Mr. Beast is in the top 20 channels on Youtube with over 55 million subscribers and 9 billion views.
Polkastarter is a decentralized protocol built for cross-chain token pools and auctions, enabling projects to raise capital. The team at Binance is positive that the BSC-only IDO is “an interoperability milestone in the evolution of the Polkastarter ecosystem and in the makeup of IDO strategies for early-stage companies, as all pools have previously taken place on Ethereum.”
Refinable aims to remove the obstacles that most other NFT stores are currently facing, such as high minting costs and gas fees. By joining forces with Binance, which already has a large, established community and network capacity, they will enter the ecosystem with a powerful backup and have the support necessary to remove the barriers that stunt the growth of the NFT market.
Inage credit: via Refinable
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Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.