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Singapore, Singapore–(Newsfile Corp. – August 17, 2022) – APENFT market announced its support for the Ethereum 2.0 Merge and its potential hard fork on Wednesday, August 10, which will help NFT trading on the new Ethereum chain welcome all NFT projects that side with the fork.

Image source: APENFT

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The merger is expected to take place at the end of September, sources say. Upgrading the consensus mechanism has become the subject of heated debate within the crypto community. These discussions paved the way for a hard fork of the ETHPoW blockchain as some users in the community prefer ETHPoW over ETHPoS.

“As a founder of a PoS blockchain, I believe PoW has its own unique value,” HE Justin SunFounder of TRON said. “In fact, the industry may have underestimated the value of Ethereum as the only PoW smart contract blockchain. community to its continued development.

Another reason why APENFT Marketplace intends to fully support the potential hard fork of Ethereum is to promote the diversity of the crypto market ecosystem. This will protect the interests of the crypto community after the merger and allow NFTs to trade on the new chain while also being able to use the forked token. During this time, it will partner with NFT teams, wallet teams, and ecosystem builders that support Ethereum forking and improving the NFT ecosystem on ETHPoW.

APENFT Marketplace, being the first decentralized NFT platform that declared its support for Ethereum hard fork, is a long-standing NFT platform on the TRON chain and developed with the full support of the TRON ecosystem . Thanks to Developer Sprint and the TRON 101 project, the platform has attracted more than 100 NFT projects since its MainNet launch. Generous funding and impressive project initiation services for NFT developers and creators have been offered.

Established in the TRON ecosystem, APENFT Marketplace strives to provide outstanding services to users. In the case of an Ethereum hard fork, the platform will be upgraded to a version compatible with the ETHPoW chain. This will allow users of the Ethereum ecosystem to have a diverse range of options and shape a more inclusive NFT market.

About APENFT

Officially registered in Singapore on March 29, 2021, APENFT is built on the underlying technology of the TRON blockchain, with added support for the world’s largest distributed storage system BitTorrent File System (BTFS). At the core of our mission, APENFT aims to facilitate the creator economy while catalyzing financial and cultural inclusion in the metaverse. Our vision is to seamlessly integrate the virtual and real worlds. APENFT Foundation is the world’s first cross-purchase NFT art foundation. We aim to bridge conversations between stakeholders from the traditional art world and the emerging digital art community around NFTs, promote inclusivity and diversity, expand our multimedia audience and increase engagement. of all members. Going forward, our collection will be made available to the wider community through a series of online exhibits hosted in the metaverse.

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Media Contact
Miles Wang
contact@apenft.io

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134092



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