Good day everyone,
I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at the new NFT marketplace made by the partnering of NFT company Rarible and the blockchain protocol GOAT Network.
GOATible - New NFT Marketplace
The financial ecosystem delivering real Bitcoin yield, GOAT Network, have teamed up with leading NFT company Rarible to launch GOATible—an on-chain NFT marketplace branded for GOAT and powered by RaribleX. It went live on the 7th of April and will help to bring a fresh wave of innovation to Bitcoin NFTs. The partnership will aim to build a dynamic ecosystem where NFTs, DeFi, and staking come together to unlock new possibilities for Bitcoin holders.
Rarible considers themselves all about achieving greatness and this partnership will aim to push them to newer heights. Leen Al-Taher, VP of Consumer Products for Rarible stated:
“We’re thrilled to bring GOAT Network to Rarible.com and power the launch of GOATible, GOAT’s native marketplace. As the first chain to offer sustainable BTC yield, GOAT is driving adoption through innovative on-chain utility. This partnership aligns with Rarible’s mission to support chains building real-world utility and making Web3 more accessible to the next wave of users.”
The partnership will help to strengthen GOAT Networks all-in strategy of leveraging NFTs to incentivize on-chain activity. The GOAT Network is a blockchain protocol offering sustainable BTC yield through decentralized sequencers and multi-coin Proof of Stake. The protocol is designed to activate BTC and DOGE capital through a revenue-tokenization model, supporting applications across BTCFi and MemeFi sectors.
During their recent alpha mainnet network launch GOAT announced their One Piece Project (OnePiece.GOAT.network), which allows users mint a soulbound NFT, bridge into GOAT Network, and begin earning points toward future rewards.
https://x.com/GOATRollup/status/1902163113555980585
The points can be earned by transacting on numerous different GOAT Network ecosystem. These include BTCFi, GambleFi, Gaming, and other dApps. Season 1 of One Piece will give users the chance to earn rewards with the following dApps: Uniswap v3 deployment Oku (Oku.trade); innovative DEX/Perps DEX/launchpad GOATSwap (GOATSwap.fi); and liquid staking protocol Artemis Finance (ArtemisFinance.io).
GOAT Network co-founder and CEO Kevin Liu stated:
“From the time we conceived the idea of One Piece Project, we wanted the best and most innovative NFT marketplace as a partner. Rarible’s track record of great design, smooth UI/UX, and savvy team speaks for itself. We’re thrilled to give up-and-coming artists and the GOAT community a chance to create, buy, sell, trade, and speculate on exciting NFT collections in the weeks, months, and years to come.”
GOATible.io will operate as a multichain NFT marketplace built on RaribleX’s technology and make it easier than ever to mint and trade GOAT NFTs. As part of the launch they are giving away exclusive inaugural open edition drops which will include some interesting and cool artwork. The two NFTs available are:
- THE GOAT - minting on Rarible.com
- GREEN MARKET GOAT - minting on the GOATible marketplace
To mint GOAT NFTs, you need BTC and a BTC-compatible wallet.
GOATible.io will also work as more than just a marketplace, as it will have a tailored space for GOAT NFTs, easy-to-use tools for creators and collectors alike, and a community space driven around connecting artists, collectors, and innovators to shape the future of Bitcoin NFTs. The marketplace will also offer artists incentives. GOAT Network say they will support global artists to create their own original artworks and this will include drops and trading opportunities for investors. It is also aimed at boosting the adoption of GOAT Network through NFT engagement.
https://x.com/rarible/status/1909230058474287559
While this marks a new moment in the NFT space, it is important to note that the sector has been struggling for the past few months. Back in December 2024 the space marked $877 million in sales and was the fifth highest month of trading volumes in 2024. However, since the turn of the year the NFT trading volumes have crashed and in January they dropped by 26% before falling another 50% in February.
Have a great day.
Peace. CryptoGod-1.
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