Friday, October 18

STAN, a blockchain-based esports fan engagement platform, has launched the STAN Community Marketplace, which allows fans to trade their digital collectibles. The marketplace is community-led, offering easy insights essential for traders, executes trades automatically when conditions are met, and does not charge any platform or trading fees.

The marketplace features several filters, allowing fans to find the right asset for them, and trade is executed automatically once the price requirements or other conditions of trade are met.

STAN has exclusive NFT partnerships with several popular Free Fire creators in India and seeks to empower both creators and their fans in building more fandom and credibility, rallying more esports and gaming fanatics.

The platform also aims to incentivize casual NFT collectors and traders, which in turn will grow the esports audience and increase the reach of the influencers.

The number of online gaming users in India is estimated to grow from 481 million in 2022 to over 657 million by 2025, creating a significant opportunity for the esports industry. STAN’s community market will help boost the nascent esports industry in India.

Shubham Gupta, STAN Co-Founder & Product Chief, said that the community marketplace’s unique features, built with insights and liquidity in mind, will help break down the barriers for fans to obtain their favourite collectibles on the platform.

He added that STAN is here to usher in the next chapter of the Web3 X Influencer Economy and that they can’t wait to see the esports community in India thrive through their platform.

STAN’s community market is in a league of its own with a very versatile, powerful, and empowering product offering that comes to its platform for fans. The platform allows fans to list their collectibles through fixed price sales or an auction effortlessly, without paying any trading fee to STAN.

Read Also: STAN Secures $2.5M Seed Financing To Build Esports Fan Engagement Platform

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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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