With the goal of making the NFT trading environment easier and safer, blockchain technology company InBlock has unveiled its new NFT marketplace, ‘Hotdeal’. This platform, which allows users to easily create and freely trade digital creations, is gaining attention as an alternative that can resolve complex procedures and security concerns.
Hotdeal is operated based on the Metacoin blockchain network developed by InBlock. In particular, it is linked to InBlock’s Metawallet, allowing users to process NFT creation, sales, purchase, and storage all at once. The process for creating NFTs has also been greatly simplified, allowing individuals to easily tokenize content they have created by combining various data or adding synthetic assets.
The transaction method has also been designed to be user-friendly. The NFT auction process has been simplified to enable bidding and selling without going through a complex process. Using the ‘Explore’ function within Hot Deal, you can explore various NFT contents, purchase the selected work, and safely store it in Meta Wallet.
The security aspect is also noteworthy. Hot Deal is based on InBlock’s Metacoin network based on IBM’s LinuxONE infrastructure, and an advanced security system is applied throughout the platform. It is designed to minimize the risk of forgery and leakage that may occur during NFT transactions, and is evaluated to be advantageous in securing user trust.
Meanwhile, InBlock announced its plan to increase accessibility to the NFT market through the launch of Hot Deal and build an ecosystem where both individual creators and digital asset holders can easily trade. It is currently available on the website (https://beta.hotdeal.io), and a mobile app is scheduled to be launched in July. It remains to be seen how Hot Deal will establish its position in the future expansion of the NFT market.