NFT is considered to be one of the potential outlets in the blockchain industry in the future, and many institutions have started to deploy in this field a long time ago. NEAR is no exception,A range of NFT platforms including MintbaseAll are the objects of its support. RecentlyGuilds in NEARsecondary title

Introduction to Paras

First of all, some background information: Paras is a collectibles trading platform built on the NEAR platform, where artists can publish their own works or trading cards, and investors or collectors can choose to buy these commodities. At present, the market value of cards and collectibles has exceeded 300 billion U.S. dollars. Some of the favorite works of collectors, such as Pokémon, Yu-Gi-Oh, baseball cards, etc., have doubled in value over the past 20 years and have become The hot favorite in the collection world. Authors of some of the more popular novels have also created a variety of cards based on different novel characters, making it a source of after-dinner games for people.

Paras aims to create an open platform for digital collectibles trading. On this platform, even if you are from Uganda, you can trade collections with people in Argentina. Artists of any culture or background can sell art that they consider valuable. products to share with people all over the world.

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Why choose NEAR

Initially Paras chose to develop on the Blockstack platform, but soon they migrated to NEAR and accelerated the pace of development. The reason for this result is due to speed and cost. According to Paras' description, NEAR is one of the best public chains it has come into contact with. Each transaction on NEAR takes at most 3 seconds, which is amazing. In addition, the gas fee of NEAR is also very low, 1000 transactions only cost 1 dollar, which is in stark contrast to the tens of hundreds of dollars on Ethereum.

NEAR is also friendly enough to developers. In addition to cost and speed, what is more commendable is that NEAR allows developers to use AssemblyScript to develop code. People who are familiar with development know that most developers are familiar with JavaScript, and the development language of NEAR is very close to JavaScript, so the learning cost for developers is much lower.

future plan

future plan

Paras believes that the market value of the entire collectibles market is as high as 370 billion U.S. dollars, and the market value of virtual goods is also as high as 50 billion U.S. dollars. The market potential is huge. Among them, the card collection market will be their focus. The rise of emerging public chains such as NEAR will drive a group of new non-technical users to join the army of collectibles, further expanding the scale of the market.

To this end, Paras plans to start from two points in the future to seize market opportunities. The first is to catch up with other NFT platforms, further improve its own functions and optimize user experience. The second is to optimize the user experience for artists, making it easier to showcase their work, while creating an original creative launch platform to fund future work.

At present, the trial operation version of Paras has generated hundreds of transactions every week,NEAR Ecological Project FluxPeter, the CEO of Paras, is also often involved in the NFT collection on Paras, and said that some artists have quit their full-time jobs to concentrate on publishing and selling their digital art collections on Paras.

According to reports, Paras will not only add traditional functions such as auctions and bidding, but also focus on the enhancement package function of the card. Paras hopes that artists will create collectibles and put them in this enhanced pack, which is similar to the logic that when users purchase physical card enhanced packs, they will get 5 random cards. In addition, Paras will also build a series of trading mechanisms, and create a showcase for artists to display their works, so that they can tell the stories behind their works.

At present, Paras has opened a whitelist channel, and interested artists can read the original text and apply to enter the Paras platform.