Published date: February 16, 2024

💰 Rewards Amount: ~177,987 ALGO

⏱️ Time Period: March 18 - May 12

Marketplace: ALGOxNFT

Details about ALGOxNFT:

ALGOxNFT is the largest smart-contract based NFT marketplace on Algorand. Our focus is on providing a large amount of features, while decentralizing as much of the process as possible. We believe the more freedom users have, the more successful the ecosystem will be.

https://algoxnft.com/

https://twitter.com/ALGOxNFT

Summary

What is your program about?

Last Rewards Period

At the time this is written, we are about halfway through Q1’s rewards program.

By virtually every metric of the NFT Rewards Program, ALGOxNFT’s proposal has proven most effective:

• Most active wallets
  • 1.3k unique active wallets
  • 30% more unique wallets than the next closest marketplace
• Most sales
  • 10.5k sales
  • 66% more than the next closest marketplace
  • Sales culminated in over $96k in volume (USD)
• Most new collections/NFTs
  • We saw the vast majority of collection launches in Q1:
    • Cave Frens
    • BLOPS!
    • Pixel Pigs
    • Long Term Appliance
    • Super Swamp Showdown
    • SUS
    • AlgoCats V3
    • Dooofy
    • Zappies
• Most funds delivered to creators
  • Creators are a critical component of the NFT ecosystem.
  • ALGOxNFT will have given over ~292,000 ALGO straight to creators, allowing them to build and invest in the ecosystem.