- NFTrade and OVR have developed a strategic alliance.
- The collaboration provides advantages for both sides, including increased brand exposure and NFT liquidity.
- This is only the most recent development for both organisations, which have been active in the market for the previous month.
NFTrade and OVR have launched a joint venture.
The collaboration will increase NFTrade brand recognition and expose the OVR line to the NFTrade community. Simultaneously, it will boost NFT liquidity for OVR NFTs.
Furthermore, NFTrade indexes all existing OVR NFTs on their integrated chains and hosts the whole NFT lifespan. As a result, users may purchase, sell, and trade OVR NFTs on blockchains via peer-to-peer (P2P) transactions.
OVR users will now be able to exchange OVR NFTS across the full Polygon ecosystem.
Because of its widespread acceptance in the Polygon ecosystem, OVR reached a significant milestone in February. It had the most NFT holders within its community at the time, even surpassing competitors like Decentraland and The Sandbox.
Meanwhile, in the month of March, NFTrade has had back-to-back agreements. On March 3, the firm will collaborate with Ancient Kingdom, DragonSB on March 14, Script TV on March 17, and Moonbeam on March 31.
NFTrade (NFTD) is trading at $0.675 at the time of writing, with a seven-day growth rate of 15.7 percent.It has a market capitalization of nearly $14 million and a daily trading volume of more than $638,000.
On the other hand, Ovr (OVR) is currently trading at $1.49. It has a $42 million market capitalization and a daily trading volume of more than $1 million.