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Loopring's Partner will Launch a New NFT Market in Q4, the Daily Increase of LRC is Nearly 80%

Amy Liu

Summary: According to the third quarter update released by Loopring Protocol, Loopring zkRollup now supports NFT minting, trading and transfers directly on L2 for both ERC721 and ERC1155 token standards. Any NFT minted on L2 can be withdrawn to L1, and vice verse, all L2 accounts can create NFT.  Loopring said that this functionality is now ...

According to the third quarter update released by Loopring Protocol, Loopring zkRollup now supports NFT minting, trading and transfers directly on L2 for both ERC721 and ERC1155 token standards. Any NFT minted on L2 can be withdrawn to L1, and vice verse, all L2 accounts can create NFT. 

Loopring said that this functionality is now the foundation of a new NFT Marketplace that is being built by a partner and set to be launched sometime in Q4.

According to Bitpush Terminal, LRC tokens have risen by about 75% in 24 hours. As of press time, the transaction price is 0.9655 US dollars, the highest since the end of April 2018, and ranks 96th in market capitalization.

By Amy Liu

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Link: Loopring's Partner will Launch a New NFT Market in Q4, the Daily Increase of LRC is Nearly 80%   [Copy]
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