AAX Exchange plans to launch its NFT marketplace with an auction, contest, and high-end collaborations in store.

AAX Exchange is launching its flagship non-fungible tokens (NFTs) marketplace and featuring selective artists’ high-end works.

As a prelude to this marketplace, AAX is giving its users an opportunity to auction their NFTs for a charity campaign. At the same time, users stand the chance to win themed NFTs after trading. 

The campaigns mark the first steps the exchange is taking in the NFT space in preparation for the launch of its NFT marketplace in the near future.

This move into the NFT space is set to culminate in the minting and exposition of a series of high-end NFTs in collaboration with an NFT-artist yet to be disclosed. 

“Technology advances will inevitably bring other forms of changes. The last wave we witnessed changed cassettes to Spotify and much more. Same changes for art, it was an amazing revelation when 3D printing is used in the installation artworks. Blockchain technology enables NFTs and allows the artwork to live in the virtual world with its uniqueness with a unique value,” Said Toya Zhang, COO of AAX.

“The total market cap for NFTs is unfathomable. We are taking a small step forward but opening the NFT world to more users, and encouraging artists to try the new format of work.”