Key Terms

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

• NFT Marketplace: A decentralized platform on the Hydra Chain for minting, trading, buying, and selling non-fungible tokens (NFTs), leveraging the chain’s fast, low-cost, and secure infrastructure.
• Hydra Chain: A permissionless, open-source, proof-of-stake (PoS) blockchain with Ethereum Virtual Machine (EVM) compatibility, offering sub-second block times, instant finality, and low transaction fees (as low as $0.000021). Ideal for NFT applications due to its scalability and developer incentives.
• Minting: The process of creating unique NFTs on the HydraTools Marketplace, utilizing Hydra Chain’s EVM compatibility for seamless integration with Ethereum-based tools.
• Trading: Facilitates peer-to-peer NFT trading with minimal fees and instant transaction finality, eliminating risks from chain reorgs or forks.
• Low Transaction Costs: Fixed fees in USD, dynamically calculated in HYDRA, ensuring cost predictability for NFT creators and traders.
• Decentralized and Permissionless: Open to all users without gatekeepers, supporting a fair and accessible NFT ecosystem.
• EVM Compatibility: Allows developers to port Ethereum-based NFT dApps to HydraTools with ease, using existing Ethereum wallet addresses.
• Liquidity Bridge: Enables asset transfers from Ethereum to Hydra Chain, boosting liquidity for NFT trading on the marketplace.
• Travel NFT Matrix: A potential application for HydraTools, revolutionizing industries like travel by using NFTs for bookings and rewards, as seen with LockTrip’s vision.

These terms reflect the core features and benefits of the HydraTools NFT Marketplace, built on the Hydra Chain’s high-performance, developer-friendly blockchain. For more details on Hydra Chain, visit https://hydrachain.org/.