Two New NFT Marketplaces To Launch in Asia As The Craze Continues

Two new NFT platforms are set to launch in Asia to provide marketplaces for digital fashion, art, music, collectables and more. The platforms, based in Singapore and Hong Kong are poised to be launched during Q3 2021.

1. NFT Trading Platform by Hong Kong Digital Asset Exchange.
2. Luxury NFT Platform by Media Publishares and VIDY.

Let’s take a closer look at what’s coming.

Hong Kong’s One-Stop NFT shop

According to an announcement from Hong Kong Digital Asset Exchange they are launching a NFT trading platform which is going to act as a “one-stop” NFT shop alongside the exchange, since there are no robust ones in Hong Kong’s current market.

HKD.com provides artists with an online platform for the artworks publishing, promotion, trading and payment, with many product categories, including digital art, encrypted collections of animation, music and movies etc. Trading platform, users can trade through public offer or bidding, and carry out token trading and exchange; while artists can also publish their own digital artworks through the trading platform.

Hopefully, the platform will not only help local artists earn more money from their talents but also develop the art market in the region,

Kelvin Yeung, founder and CEO of HKD.com

Singapore’s Luxury NFT Platform

According to a press release from ACN Newswire, Media Publishares in partnership with VIDY are creating a homage to arts and culture by fabricating a 360-degree navigable virtual environment that will showcase digital fashion, art, music and design.

By creating an NFT platform, which essentially acts as a virtual marketplace between creatives and users, it allows us to provide a unique shoppable platform coupled with content for the community in the form of education, interaction and entertainment.

Michael von Schlippe, president of Media Publishares

The platform is looking to cater to the tech savvy audience that wishes to acquire luxury items and for creators to experiment in the virtual world. The main features of the platform will allow minting, trading, and auctioning NFTs through a tokenised system.

We are confident we will create the finest platform that will boost the NFT world by allowing seamless participation from the traditional fashion, art and music communities.

Matthew Lim, founder of VIDY

More Platforms, More Participation?

Having these platforms up and running will enable various individuals to participate in the NFT economy. Not only helping artists profit directly from their work but also encouraging up-and-coming artists to practise with the virtual mediums and add to the annals of digital art.