The Exchange.art platform scales up to Ethereum

The Exchange.art NFT marketplace based on the Solana network will soon switch to multi-chain technology and integrate Ethereum support. The press service of the site stated that the process will begin on August 1, 2023. More than 80 digital art artists who work on the basis of the Ethereum network will participate. They will include Sotheby's Glitch Art participant Patrick Amadon and Amber Vittoria.

Larisa Barbu, Chief Operating Officer of Exchange.art, said that Exchange.art always had plans "to go beyond Solana." The project sought to attract new creators and collectors to work. "The vision of Exchange.art is to become the center of digital art, and then gradually create solutions for traditional art," Barbu said.

"Multichain is kind of the next step in this direction." Barbu also added that many artists are struggling to sell their work in different ecosystems and on numerous trading platforms. According to her, it should be convenient for creators to use Exchange.art, which will support the 2 largest NFT ecosystems.

"In fact, we made this decision because there was a demand for it from the point of view of artists — and this will help quite a few creators of digital art," Barbu summed up.

After its release in 2021, Exchange.art attracted 16 thousand artists in the Solana network. This helped them earn more than $13 million on sales of their own collections of non-interchangeable tokens. In March of this year, the project developers launched the Code Canvas platform, which helps to create generative art collections.

According to the CryptoSlam analytical platform, the trading volume of non-interchangeable tokens (NFT) on the Ethereum network ranks 1st and amounts to about $10.2 million over the past 24 hours, as of July 25, 2023. Solana is on the 2nd line with an indicator of just over $ 920 thousand.