Layer-1 blockchain ecosystem Aptos is preparing to partner with NFT marketplace Rarible as network transactions rise.
The layer-1 blockchain network Aptos, which uses the proof-of-stake consensus method, will partner with the non-fungible token marketplace Rarible to accomplish a goal that the blockchain refers to as a “game-changer” for both platforms.
A worldwide community manager for the Aptos Foundation going by the handle “Angel” made a hint in a forum post on August 22 that Rarible would soon gain network capability, opening the door to “novel NFT use cases leveraging Aptos’ tech.” Angle, global community manager for the Aptos Foundation:Â
Whether it’s a full marketplace launch or another form of collaboration, this teased alliance between Rarible and Aptos is definitely one to watch!”
Rarible’s FAQ page states that Aptos has not yet been incorporated, despite its current support for networks like Ethereum, Base, and Celo.
The marketplace has also made vague references to a potential partnership with Aptos on its social media pages, though the specifics are yet unknown.
There has been an extraordinary spike in activity on the Aptos network since the announcement of the potential alliance.
According to Aptoscan data, the number of daily transactions on the blockchain almost reached 144 million on August 14.
Although the cause of this spike is still unknown, there has been a noticeable increase in on-chain activity.
A few days before Tether announced that its US dollar-pegged stablecoin (USDT) would shortly be accessible on the Aptos network, there was a sharp increase in activity.
Tether cited Aptos’ “very low gas fees” and “strong developer community” as key motivators, although the precise launch date is yet unknown.
Tether also highlighted that Aptos’ low transaction costs make it “economically viable for a broader range of use cases, from microtransactions to large-scale enterprise operations.”