Core Foundation, which aims to create a secure and decentralized ecosystem for dApps, is launching a non-fungible token (NFT) marketplace.
Announced Monday, the foundation will also launch a community NFT fundraiser called Core Journey. The NFT collection aims to give the Core chain stronger usability, according to Core contributor Rich Rines.
Core blockchain leverages the benefits of Bitcoin and the network is also EVM (Ethereum Virtual Machine) compatible, so it can run Ethereum smart contracts and dApps.
The announcement comes days after the foundation launched a $5 million innovation fund to promote India’s Web3 communities. The project also launched a $5 million Africa Ecosystem Fund last month to provide resources to help local Web3 builders.
Core Foundation NFT Marketplace – Wizard Gallery
Core’s NFT marketplace – Wizard Gallery – aims to provide users with seamless NFT mining and trading, operating on Core Chain. According to the website, the marketplace is home to more than 20,000 NFTs created by more than 50 artists.
The Core Journey NFT collection is live on the new marketplace, the release the company shares with Cryptonews, read. As Bitcoin Finance (BTCfi) thrives, “the Core community has created an engaging campaign to celebrate its journey with this amazing collection.”
In addition, Core is also introducing an incentive program to reward builders. The program, Core Ignition, would recognize developers for their contributions to the growth of the network.
Core Ignition offers users the opportunity to participate and earn rewards, in addition to promoting Core growth and adoption.
“The Core Network has seen tremendous growth since the mainnet launched in 2023,” Rines noted.
“It will be the most Bitcoin-aligned EVM chain and the go-to chain to build BTCfi and scale Bitcoin with a massive community, which has translated into millions of Core adopters, over 15 million unique addresses and 230 million transactions.”
Recently, Core released a paper on “Unlocking Bitcoin DeFi” and launched the Core Starter Program, backed by over $300,000 in incentives.