The world is moving fast towards the decentralized ecosystem and the focus on Web 3.0 seems to be at an all-time-high. There are currently hundreds of protocols and thousands of tokens in the market, all built with a separate use case, however, for a decentralized ecosystem to become truly successful all these important functionalities should be available in one place. Cardano founder Charles Hoskinson explained it the best, he said only those protocols with cross-chain functionality would take it to the next level of Decentralized ecosystem post the regulations era, Keeping this aspect in mind Out of Space is building a truly all-in-one decentralized platform keeping the needs of Web 3.0 in mind.
Web 3.0 is nothing but the next iteration of the Internet where data would be decentralized and Dapps and smart contracts would run the internet. Web 3.0 would be a big part of the Metaverse as well, something that Facebook has shown great interest in. Out of Space aims to become the go-to platform for a trader to all their needs, be it centralized or decentralized exchange functionalities or building a Dapp and use of smart contracts, Out of Space would offer it all under one roof.
Out of Space makes everything simple as it understands that communication is the key to a successful platform. Given the crypto market is still relatively new for many, its the responsibility of the crypto companies to build simple to understand products. However, at present the main focus seems to be on PR more than building a trader friendly ecosystem, and Out of Space promises to change that with its Platform.
Out of Space Metaverse Will Incorporate the Best of Defi and NFTs
The Metaverse term has cropped up a lot over the past few months, especially after Facebook’s rebranding to Meta to focus on the Metaverse. Metaverse as a concept panders to a digital universe that will incorporate the use of VR hardwares and existing decentralized tech. Metaverse will represent an alternative reality seen only in fictional TV series upto now. However, people are also concerned about Facebook given their past record on data management. Thus, many believe Facebook’s metaverse plans won’t succeed, and this is why the native projects such as Out of Space seems to be better adapted at building one.
Non Fungible Token aka NFTs have become the breakout use case of the crypto universe this bull season. While the idea of NFTs came to reality back in 2012-13 and gained some traction in 2017, it really became a trend in 2021. After Beeple, a digital artist sold his NFT art for $69 million, NFTs became a household name overnight due to press coverage that the NFT got. Since then every major brand and celebrity has got themselves involved with the NFTs. However, as with any other breakout crypto use case, the NFT market is also centralized and limited to a selected few marketplaces and Out of Space is here to break that monopoly for good. Out of Space has built a NFT marketplace with a focus on real artists and some of the lowest commission on minting and trading NFTs.
Traders can jump on the Out of Space NFT marketplace to mint their NFTs and put it up for auction and gain traction through other traders. People can also stake their NFTs and gain rewards for it in the form of native tokens. Out of Space aims to combine the best of Defi and the NFT market under one roof.
What Makes Out of Space Different From Other?
Out of Space’s biggest USP is its all around performance and plethora of services that it offers. Out of Space has a Trading terminal that combines the best functionalities of centralized as well as decentralized exchanges, allowing users to trade in whatever way they want. The Out of Space ecosystem also has a launchpad and incubation program that aims to select the best of upcoming projects with potential to become a unicorn tomorrow. The launchpad would help traders and investors to get a list of potential good projects in one place.
The platform is open for one and all and has a strict KYC policy to ensure maximum security for users' funds.The project also offers an open and closed crypto portfolio for various traders and their followers along with a diary specially developed by the team. It will make traders more productive step by step and bring them to a qualitatively new level of life and trading. The platform has been developed in a way that it can easily be used by anyone even a new entrant and make profits on their decisions. The project also incorporates its own native blockchain instead of leveraging their services on the third-party, this allows the firm to leverage its products more securely.
To learn more about Out of Space visit Outspace.io
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