Sologenic Marketplace: Disrupting the NFT Scene With New Services

Sologenic, a UAE-based blockchain firm, will continue to disrupt the space with upcoming releases with tokenized securities, crypto assets, and NFTs for a better customer experience.

The company is set to introduce the Sologenic Original Series soon. According to Sologenic, this project ties in with their current NFT marketplace in the XRP Ledger (XRPL) and their recently launched Prime Program.

The Original Series will enable fresh talents to work on ambitious projects and actual use cases of NFT to grow their audience in the marketplace. The platform will also provide marketing support to these artists, helping them become successful.

Notably, the Sologenic Marketplace is XRPL’s first-ever NFT marketplace. It is known for its no gas fees and commission-free feature. The marketplace also integrates traditional banking payments solutions and will be adding partners like Moonpay and Simplex in the future.

Meanwhile, its recently launched Sologenic Prime Program pushes for more innovative NFT projects.

Sologenic also offers a decentralized exchange (DEX). To boost its services, Sologenic is adding a fully decentralized SOLO Launchpad to its DEX. This will allow startups to raise funds for their projects and issue their tokens directly on the XRPL. The firm will also launch a SOLO debit/credit card and cross-chain. They will also introduce interoperability between XRPL and other blockchains on SOLO DEX.

It is worth noting that Sologenic has been enabling on-demand tokenization of assets like stocks and ETFs. It has implemented Fiat Ramps that lets the platform purchase tokens using fiat payment options.

Lastly, Sologenic is working on obtaining a Broker-Dealer License to take its SOLONEX forward. SOLONEX is a turnkey solution for financial firms, improving their services through blockchain technology. This service lets users tokenize asset classes in fractions (stocks, ETFs, shares, real estate) on XRPL. The broker-dealer license will fortify Sologenic’s services, enabling the platform to help more users.

Sologenic was founded by blockchain experts CEO Bob Ras and CTO Reza Bashash. Its ecosystem executes on-demand, secure, and low-cost tokenization of non-blockchain assets on the XRP Ledger.