Dec 17, 2020
LMA Art Gallery is now live on Harmony Protocol
Disclaimer: This article is not intended as investment advice. Seek a duly licensed professional for investment advice.
The NFT market is booming! The only issue is that high gas fees on Ethereum are slowing the development of NFTs. Why would someone pay $5 for an art NFT when the gas itself cost $15? NFTs on the Ethereum network are costly and for whales only. Artist and art buyers with smaller budgets are instantly priced out.
LMA Art Gallery is building on Harmony protocol to take advantage of lower transaction fees.
The following video from Supermassive does a great job of describing the LMA Art Gallery. LMA token is a deflationary token. LMA tokens are burned every time someone buys an NFT. Go ahead and try it for yourself to see how fast transactions are on the Harmony network.
In order to interact with the Harmony protocol download the following wallet.
