NewsDartroom Receives Grant Award to Build NFT Marketplace on Algorand

Dartroom Receives Grant Award to Build NFT Marketplace on Algorand


Algorand Foundation

September 29th, 2021 - The Algorand Foundation welcomes Dartroom to the Algorand ecosystem as our latest grant recipient. Dartroom has been awarded a grant to support building their NFT focused digital art marketplace which offers artists the choice between two NFT formats, smart NFTs and ASAs.

The smart NFTs on Dartroom have royalties built-in and will be improved over time. The Algorand NFT community made it clear to us very early on that they would like us to also use ASAs (Algorand’s Standard Asset) and Dartroom is pleased to announce that ASAs are now live on the platform! Dartroom’s focus is to provide artists and collectors the ability to interact in a sustainable, secure and affordable way. Dartroom also aims to make it possible for artists who are not so familiar with how blockchains operate to be able to mint and sell their art with relative ease.  

“We would like to say thanks to the Algorand Foundation for supporting us and we aim to repay the foundation by bringing some really cool and beautiful art to the Algorand blockchain!” -  David Martin, Dartroom Community Manager

“The Algorand Foundation believes in the importance of NFT marketplaces and we are delighted to welcome Dartroom to the Algorand NFT community. Algorand provides the perfect blockchain for NFT’s with our layer 1 features providing a forkless environment which is reliable, secure and truly decentralized. Our speed, scale and transaction finality along with nominal fees provide a perfect platform for artists to mint NFT’s and ensures art collectors are not put off by the high gas fees involved in purchasing NFT art on other chains. And all of this is possible on a green, environmentally friendly, public blockchain” - Addie Wagenknecht, Head of Global Ecosystems and Technical Operations

For more information on Dartroom, please visit the Dartroom website or follow them on Twitter. If you are interested in submitting a project for support from the Algorand Foundation Grant program, please apply here.

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