We’re excited to announce that Mferswap v1 Beta is now Live!
In a market that is ever evolving, with more individuals moving towards more decentralized marketplaces for a variety of reasons, predominantly the enforced royalty fees on the centralized marketplaces, Mferswap was born.
Birthed by the desire to build a decentralized system that offered web3 builders access to often centralized development resources like APIs, Mferswap is equally seizing the opportunity to build a decentralized marketplace that rewards loyalty amongst its traders; where a centralized tried & true variation of this model can be seen on platforms like OpenSea and LooksRare.
At the core, we’re a 5-person team with backgrounds in engineering, design, web3 marketing, DeFi, communications, operations, cybersecurity, creative writing and community building/management. No VC backing.
Mferswap is a fully on-chain, gas-efficient decentralized NFT marketplace that allows users to trade and swap NFTs using liquidity pools, precisely like you would trade and swap crypto using Uniswap, Sushiswap and other platforms. Similar to DeFi, the collection/token owner would be responsible for holding the liquidity of the ‘project’ & sharing the yields generated.
Mferswap builds on the strength of Sudoswap + LooksRare, focusing largely on user-friendly product designs whilst retaining the best of what makes an AMM market ready, and actively rewards traders, token stakers, creators and collectors for participating on the platform.
Use Mferswap and;
Buy & sell multiple NFTs
Save gas fees
Instant liquidity through Decentralized P2P trading
Fully on-chain (no centralized order book)
Earn $MFER by trading and staking
…
Unlike major marketplaces like Opensea, LooksRare, and Magic Eden; all our SDKs and APIs are non-gated and open to everyone. Right now all smart contracts are:
Verified.
Can be interacted with by anyone.
$MFER airdrops will be a reward system for traders who actively use Mferswap with mechanisms that guarantee a merit-based gain strategy. Our reward system will come with our █████.
Those who own Sudomfers, trade more and onboard new users get the most tokens and stake/control of the protocol.
Read about how to get Airdrop here
Mferswap is fully committed to decentralizing NFT trading. That means allowing trades across more than one chain is a necessity. In the initial stages, however, we will be launching off the shelf on Ethereum and will steadily expand to include more chains like Solana, Aptos, etc.
We intend to completely open source Mferswap and make it super easy for anyone to build on our infrastructure and create their own decentralized exchanges, thus allowing us to ground our identity as a foundational NFT trading and liquidity generation infrastructure, with integrations across several interfaces and applications.
Work with our users, to ship needed features by constantly seeking and implementing valuable feedback.
Develop community programs that will contribute to our growth and the adoption of our product.
Follow along for updates: