Leipzig, Germany–(Newsfile Corp. – January 13, 2022) – GAT Network, as a beneficiary of the Binance Incubation Program, has received investment from the household crypto company Binance. This represents a significant milestone for the project that promises to offer unseen innovation and multichain compatibility for the NFT space.
GAT Network founded in 2021 seeks to provide an all-in-one infrastructure for NFTs in the decentralized space, where users can create, manage, trade, collaborate across chains. The company is formed by engineers with years of experience in blockchain development, whose ethos is to unite the crypto gaming and NFT landscape under an infrastructure which is structured and executed for the benefit of its users, whether they are gaming developers, creators, or investors.
To this end, GAT Network will offer a complete set of tools to guide developers into making the most out of their ideas by using non-fungible tokens.
GAT Network is a project with a complex ecosystem. In little time they successfully launched several products like p2e games and an innovative NFT called Game Ace. Their core product however is the Minted Vodka NFT marketplace. Version 1 has been launched in June last year and right now version 2 is being launched with new features being added quickly over the coming weeks and months.
Unlike most NFT platforms in the space, Minted Vodka brings the vision of complete and unlimited interoperability between any chain, asset class, and token standard within the blockchain. As a team member, Ron Rong, said: “So, the main idea here is to be open and accessible, independently what you want to do, what assets you have, and what chain you are connected to – you will find the right tools on MV to trade, manage and interact with your assets. No need to switch marketplaces. All at your fingertips.”
This is all possible through a groundbreaking multi-chain functionality that allows rapid bridging of tokens and NFTs (if they are minted at Minted Vodka) between all supported chains, also cross-asset-class transactions, through an asset wrapping. GAT Network have announced that although the platform will launch with multi-chain functionality on BSC, Polygon, and ETH, there are ongoing talks with other chains, and due to the efficient integrated implementation of the technology it will be possible to add new chains as needed, within one-two days. In practice, Minted Vodka disrupts the market with its multi-chain functionality coupled with the broad range of functions which are being brought to creators and users NFT users, including wallet views, staking opportunities, assortment of minting opportunities, sales strategies, etc. By bringing all functionalities under one roof, Minted Vodka breaks the barrier between different marketplaces and token standards from a compatibility standpoint.
This degree of flexibility presents a unique opportunity for creators and NFT fans to engage in creative ways with the blockchain environment.
Overall, users will benefit from a whole array of choices, such as game minting, initial minting offerings, private deals, bulk listings, low to zero fees, NFT shop fronts, NFT staking plus other features which are unique to the Minted Vodka platform, such as claimable NFTs in exchange for services or physical products.
The Binance incubation program
GAT Network is one of the few selected projects who participated in the Binance incubation program. During this period, the team has received funding, as well as mentoring from key specialists within the blockchain industry, which should further propel the project’s advancement in the space.
Binance’s choice to invest in this project could only be explained by the GAT team’s background and workable solutions to bringing unlimited flexibility to the NFT space at only 1 click away. This is an important proof of trust towards the GAT team, which only shows its enormous potential.
Regarding the recent investment granted by Binance, the GAT Network spokesman, Ron Rong, affirmed: “We are honored by this opportunity from Binance Labs! It is a token of trust in our project. It gives us significant support for further advancement and also a prospect for more assistance in the future.”
Thus, further strengthening the idea that GAT will use this funding to further advance with the developments of the platform.
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