Net Savings Link Inc (OTCMKTS: NSAV) is crypto, digital asset, and blockchain tech corporation that recently announced it’s set to partner with Luxfi to provide a luxury asset-backed non-fungible tokens marketplace. This marketplace will work directly with both professional experts and retailers to get rid of counterfeit and fake goods while mining non-fungible tokens on a blockchain network. It will also offer accurate NFT pricing that’s backed by real-time information for each NFT.
The announcement made by this company reflects the expanding applicability and explosive growth of the non-fungible token marketplace. NonFungible.com claims that more than two billion dollars were spent on NFTs during Q1 2021. This represented an increase of around 2,100% from the fourth quarter of 2020 and has already surpassed 2020’s $250 million markets.
Net Savings’ management believes that this is an ideal time for them to venture further and deeper into the NFT space. As a solutions provider and accelerator to the digital assets, blockchain, and cryptocurrency industry corporations, NSAV is delighted to partner with LuxFi to take advantage of the multiple applications in its NFT marketplace. Net Savings will use the resources at its disposal to help ensure LuxFi becomes a leader and authority in the luxury asset-backed real-world NFT marketplace. LuxFi primarily targets real-world luxury assets that can hold value well. This includes but isn’t limited to branded bags, luxury watches, diamonds, and pieces of art.
Non-Fungible Tokens have taken the art world by storm. As the worldwide sales of both antiques and art reached roughly $50 billion last year, with online sales doubling in value and reaching record highs, the art sector continues to show great promise. Both LuxFi and Net Savings are willing to use this strategic partnership to explore this particular industry more. By developing an extensive group of major international players in the industry, Net Savings will help LuxFi dominate the Artspace as much as possible. Both companies will encourage many other projects that could be launched soon.