Coinsilium Group Limited on a growth trajectory in crypto and blockchain space

 () stated its subsidiary Nifty Labs has began growth work on a brand new non-fungible token (NFT) mission to create an ‘NFT on Bitcoin’ market platform powered by the RSK blockchain, a sensible contract platform secured by the Bitcoin community.

The blockchain and open finance enterprise agency stated the event of {the marketplace} platform is predicted to finish inside six months, with the preliminary focus to be on NFT use-cases equivalent to digital artwork, music, sports activities, gaming and metaverse belongings.

The platform will incorporate varied modules together with an NFT minter, a gallery, and the potential to commerce NFTs for different RSK-based tokens, the corporate stated, including that the platform will initially host the preferred NFT classes which at the moment embrace digital artwork, sports activities, music, gaming and metaverse belongings equivalent to parcels of digital land and 3D avatars.

Coinsilium additionally stated the RSK blockchain will prioritise token bridge construct, enabling the switch and motion of RSK blockchain commonplace NFTs to different blockchain commonplace NFTs, together with Ethereum ERC721.