There is a new NFT marketplace coming for OpenSea’s lunch. With the incredible success Non-Fungible Tokens have found in the last year, more and more players are coming in to curve a niche for themselves.
Today, OpenSea dominates the NFT marketplace, accounting for close to 90% of all sales.
It is hard to compete with a $13 billion company, but smaller companies are niching down hoping to offer something different.
The latest is Savage, a marketplace that is positioning itself as the “World’s First Carbon Neutral Photography & Video NFT Marketplace.”
Savage will launch later this month after an Initial DEX Offering (IDO) on FantomStarter and Occam, to be held from January 17th to January 19th.
This new marketplace is targeting artists and content creators who feel left out in the cold “in large part due to the size requirements of their medium and the environmental concerns surrounding current NFT marketplaces.”
They promise that their platform will give creators the ability to share their work in whatever format they want, including large formats like TIFF or RAW, not supported by many other marketplaces.
Savage also moves away from Proof of Work (PoW), attacked for its high energy consumption. Instead, they will use Polygon‘s Proof of Stake (PoS) protocol, which they say only consumes 0.002% of the energy PoW consumes.
The Savage marketplace will be powered by $SAVG token.