Posted inEmergent Tech

OasisX multichain NFT marketplace sets up in UAE

MENA founded, OasisX has already on boarded 100 artists and multiple regional brands and will be launching soon.

NFT transactions to reach 40 million by 2027

OasisX, multichain curated NFT marketplace and creator studio has set up its base in the UAE in DMCC (Dubai Multi Commodities Centre) and will be launching its operations in the upcoming weeks.

MENA founded, OasisX has already on boarded 100 artists and multiple regional brands.

Najib Khanafer, Co-Founder states in a recent interview, “We are building the tech foundation and frontier to bridge the gap between MENA creators and web3, while providing collectors with a new way to support, own and trade in the upside of creativity.”

OasisX, users will be exposed to a wide range of categories, including 1/1 art, editions, PFPs, domain names, metaverse objects, music, and many more. OasisX will also support the creation of NFTs using different multimedia types such as images, gifs, videos, audio, AR/VR, 3D objects and even documents.

Khanafer states: “We are still just scratching the surface of NFT applications. OasisX aims to support future use cases beyond digital art and collectibles, the obvious being other forms of creative output like utility NFTs and financial contracts (real-world assets). ”

As for OasisX Creator Studio, dubbed “LaunchX”, it will securely enable its users to create, manage and mint NFTs at scale, without a single line of code, and at a highly reduced cost.

Khanafer explains, “We created a product that gives creators and brands the opportunity to engage with a tech trend. LaunchX is powered by an AI art generator, a smart contract creator and minting page editor, preserving true creative ownership.”

The platform reduces NFT deployment time from months to minutes.

As for the OasisX Marketplace, it allows users to list and shop NFTs on multiple chains including Ethereum, Polygon and Solana, while offering simple on boarding, non-crypto checkout options, and many other power tools such as bulk creation. Additionally, in its efforts to serve the MENA region, OasisX supports Arabic language on the platform.

OasisX is undergoing a seed round for 3 million USD which it will use to scale the team, product and brand.