SushiSwap will be entering the metaverse and non-fungible token spaces. This is the popular decentralized exchange. It will release a platform that combines the best of both worlds. The initial v0 campaign will continue for ten weeks.
Shoyu comes to Life
According to CryptoPotato’s press release, Shoyu is the new initiative’s name and its official launch date is November 3. This announcement comes five months after the original SushiSwap proposal was posted.
After a lengthy selection period by Shoyu’s curator team, which lasted several weeks, many artists will be able to submit digital artwork on the NFT platform. Robert Gallardo and INJURY will be among the many names involved in minting digital art.
According to the team, Shoyu would be fully compatible with all aspects of the Sushi ecosystem. It should be “one of the first artistic marketplaces to marry the art world with technological innovation of decentralized financing.”
More than just the Next NFT Platform
SushiSwap is taking a bold move after witnessing the NFT industry grow exponentially since 2021. This has led to many new platforms trying to capture market share.
Shoyu’s goal is to “elevate”, from the traditional web-based NFT marketplace, into a tranquil 3d metaverse experience that can be accessed on mobile, desktop and tablet as well as laptops, tablets, notebooks, and VR headsets. The gallery will allow artists to create multisensory installations, displaying 2D images within a high-definition 3-D world. It will also be capable of rendering 3D models and sculptures in full.
The announcement states that NFT art will now be supported for images, audio and video files, with a maximum file size of 500MB. This means that Shoyu will display the art as closely as the artist intended. There will also no longer be long loading times for a pixelated version of your art.
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