Forart.ai, the NFT SaaS platform, is now introducing ForartSwap on the Aptos network, which is a decentralized and on-chain NFTs AMM exchange.

Similar to UniSwap, ForartAMM uses NFT as TokenA and APT as TokenB, allowing users to make markets for NFT-APT at a specified price on ForartAMM. For buyers and sellers, the purpose of instant buying and selling can be achieved through the pool.

Since NFTs are inseparable and cannot be directly measured by k=X*Y, ForartSwap designed ForartAMM and provided three bonding curves to price NFTs: ConstantCurve, LinearCurve, and ExponentialCurve.

Constant curve Users can set the initial price, set the linear curve Delta as 0 to establish a liquidity pool, and always sell/buy NFTs at the same price. Linear curve Linear curves update prices by adding them. The pool will go up/down and sell/buy with X tokens. Exponential curve With buy/sell activity, the price of the pool will rise/fall by X%. When a pool sells NFTs and receives tokens, the number of NFTs in the pool decreases, and the price increases by a percentage value of Delta.

Comparing the volumes of Ethereum, Solana, and Aptos, it can be seen that Aptos NFT has developed very fast since the mainnet launched, and there is still much room for growth. We hope that through ForartSwap, Aptos NFT can grow more rapidly.

For the NFT Market, we first compare the NFT Market of different blockchains from the aspects of Royalties and Marketplace Fees, as follows:

ForartSwap is royalty-free for traders, and the trading commission is 0.5%.

We combine the innovation of NFT AMM with the advantages of high performance and low fees of Aptos public chain so that ForartSwap has the following advantages:

• On-chain transactions. It provides a solution to improve the flow of NFT, and all transaction processes are on the chain, which is more transparent. As long as LP provides liquidity, it can be traded instantly, solving the problem of slow matching transactions in the NFT Market.

• Transactions are configurable. The price is pre-calculated and predictable based on the parameters when creating the liquidity pool, and the function of modifying the parameters is provided.

• Low slippage. Compared with other NFT AMM’s product identity liquidity pools, the capital utilization rate is higher and the slippage is lower.

• Low cost. Aptos public chain fee is low, ForartSwap transaction commission is only 0.5%, and royalty-free.

• Earn trading rewards. Anyone can create their liquidity pool and earn transaction fees, and the platform will also reward users who participate in transactions.

The basic version of Forartswap will be launched on the Aptos testnet Participating users will receive airdrop rewards.

The existing NFT AMM models and curves will not be satisfied, we are going to bring you surprises soon.