Hoskinsea is About To Become The Largest NFT Marketplace on Cardano

Hoskinsea is one of the many digital art galleries and marketplaces where NFT owners can show off collections and offer them for sale. What makes this market different is the ability for any member to create their own NFT on cardano network. The surge in popularity in non-fungible tokens (NFTs) has turned a once-obscure art form into an overnight sensation. Ranging from bored apes to pixelated punks and everything in between, there’s no shortage of NFTs to add to a collection – or places to purchase them.

Hoskinsea marks the first NFT marketplace of its kind to launch on cardano. The blockchain network expanded rapidly through the first half of 2021, with dozens of market-ready projects launching on the platform. In March.

THE GROWTH OF NFTS

Non-fungible tokens (NFTs) had their best year ever in 2021. Although the concept of NFTs dates back to 2015, they’re now a mainstream phenomenon with big name brands

At its most basic, an NFT is a digital asset attached to proof of ownership via a blockchain. An NFT can be bought, sold and transferred, but cannot truly be replicated. Theoretically, they are each one of a kind. The impact of NFTs on the collectibles market have been astounding, with individuals paying unbelievable sums for simplistic pieces of artwork.

The HSK Token

$HSK is the utility token of the Hoskinsea, the token will power transactions and various utility functions through the Hoskinsea ecosystem. $HSK token holders will be able to perform various utility functions such as Stake To Earn HSK and Also Stake To Earn Featured NFT Drops, Transaction fees on the Marketplace, Featured Listings, Creator Profile verification and ultimately will serve as a governance system for Hoskinsea Ecosystem on further developments.

HSK Token Utility

HSK token holders can be able to create verified decentralized auction houses where NFT creators can apply to launch their NFT Drops.

Auction Houses on Hoskinsea NFT marketplace will be ranked and be visible on the NFT Marketplace homepage according to the amount of HSK tokens staked.

This means that curators with the most amount of HSK tokens staked will get higher visibility on the marketplace which will ultimately lead to more frequent NFT drops.

HSK Token holders can also stake their tokens on our Non-custodial staking pools to earn rewards in HSK tokens and rare unique NFTs.

Hoskinsea Staking platform

A staking platform that allows users to harvest special edition and 100 percent unique NFTs by simply staking their Tokens/NFTs is being developed by the Hoskinsea team, To list NFTs on Hoskinsea, users will need to connect a suitable Cardano web-based wallet like Nami or Gero, then click on Mint NFT, and you will see a simple form to list your NFT, and you are done.