As an emerging multi-chain NFT trading marketplace favored by top VCs, Element provides Create, Mint, and Discover services on Ethereum, Polygon, and BSC (building) chain. Element now has 120k+ global community users, 34.6m NFT works and Newest NFT Drops, as the Third Large NFT marketplace on Ethereum.
Source: https://dappradar.com/rankings/protocol/ethereum/category/marketplaces
In the next stage, Element aims to encourage diversified artists to export their value and personal influence, meanwhile, integrate more crossover background creators into the NFT marketplace.
Therefore, the Element team officially launched the (ENCC Plan) on November 2nd, 12:00, UTC. The ENCC Plan is providing‘zero gas fee’ opportunities to digital art, music, photography, AI, Metaverse, and Quadratic related NFT creators, who create and trades NFTs on the Element marketplace. Each qualified applicant will have the chance to be certificated by Element, and will get the full ‘GAS FEE SUBSIDY’. The Subsidy Pool of the ENCC plan reaches $100,000.
Source: https://twitter.com/Element_Market/status/1455490231973548036?s=20
Element had closed Angel Round in May, raised $11.5Million, led by Sequoia, Dragonfly Capital, and SIG, at the valuation of $50 million.
During the past 3 months, Element has focused on Asian NFT Marketplace, and now moving forward to the global market and multi-chain strategy. According to the CEO of Element, the team is looking forward to cooperation with the NFT data platform and Defi partners.
About Element
Element is a decentralized NFT marketplace based on Ethereum, Polygon, and BSC, that helps you create, discover, and exchange. Element provides an NFT value trading platform for both creators and investors. learn more on the website: https://www.element.market/.
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