Conclusion

Quixotic is the largest NFT marketplace on the Ethereum layer-2 platform Optimism.

It boasts an average transaction fee of just 0.0005 ETH ($1.50), making the platform much more usable for most NFT traders. The firm estimates it has saved its members around $2 million in gas fees since its inception.

On-chain tracking shows the platform turned over $419,500 in volume over the last 30 days, but user activity has declined significantly since June 14.

Introduction

Before Ethereum was code, it was a piece of writing. A year prior to Ethereum’s launch in 2015, Vitalik Buterin published a whitepaper that laid out his vision for the project. Like Satoshi before him, Vitalik’s whitepaper served as a call to action that inspired a group of believers to help bring his ideas to fruition. This whitepaper has become an invaluable artifact — a foundational text with historical significance.

Over the last year, Mirror has built a space for web3 ideas to grow. Thousands of writers – including DAO operators, NFT projects, engineers, investors and protocol teams – have used Mirror to introduce their best ideas to the ecosystem. Their voices have made it a vibrant destination for web3 writing.

Methodology

Optimism is a layer two (L2) scaling solution that inherits Ethereum’s security while making Ethereum transactions rapid and inexpensive.

I’ve been beating the Optimism + NFTs drum for a while not just because of the L2’s friendlier UX, but also because it’s the only scaling solution that currently offers full equivalence with the Ethereum Virtual Machine

This complete compatibility with the EVM means NFT builders can 1-click deploy their dapps to Optimism while still enjoying all the L1 Ethereum tooling they know and love.

Combine this advantage with how Optimism just became the first of the “big four” L2s (Arbitrum, Optimism, zkSync, and StarkNet) to unveil a native token, and we have big catalysts for blooming the Optimism NFT scene going forward.