Introduction

About

Zomta is an exclusive NFT content platform for world-renowned artists. At Zomta, we are unlocking the potential of NFTs to change humanity’s cerebral need to trust into an objective reality. As the first major NFT hub built on Ethereum and Polygon, we're building the definitive platform to create, discover, trade, and leverage any digital content on the blockchain. The Zomta ecosystem allows Creators, Collectors, and traders to engage with rare tokenized content on an ultra-fast and low-cost network. By leveraging NFT's provable scarcity and transferability, Zomta provides its users with an intuitive and no-code trading experience for all digital goods. Zomta’s long term mission is to create the largest virtual world economy, optimizing its community-owned assets for maximum utility and sharing its profits with its token holders.

Zomta’s Mission & Vision

As NFTs continue to gain traction amongst users, new challenges and paradigms will arise in service of this new medium of trade. The Zomta platform serves to empower all creators, traders, and collectors with a new suite of creation, discovery, and trade features designed from the ground up to natively support NFTs. Zomta believes that the mass adoption tipping point will come from simple-to-use platforms that cater to the average internet user. Our obsession is to create the best user experience for all NFTs across multiple blockchains that is simple and engaging for both resellers and buyers. Blockchain’s ability to record every sequence of transactions through a trustless verification system offers any person a reliable way of transacting digital goods online in any forms, and we believe this new medium of transaction can apply to any transacting communities. We aim to create the most trusted retail marketplace for limited digital goods, where users can transact confidently when dealing with any high value or limited items such as collectibles, game items, digital artwork, unique files, domains, event tickets, lottery tickets, and more. Fundamentally, NFTs represent unique asset ownerships, thereby making it an attractive medium for online transactions. However, supporting the NFT ecosystem has to be a balance of differentiated activities.

State of the market - Understanding NFT Ecosystems

The virtual goods economy has grown massively year over year, spurred mostly by an uptick in in-game spending. Digital game spending alone accounts for over $365.5 billion (USD) in 2023, while NFT gaming's cumulative sales volume just surpassed $75 million in the same year, according to Messari. Considering NFT marketplaces are still in their infancy, based on current growth rates, the NFT market will no doubt account for a sizable portion of the global virtual goods economy.

Zomta sits at the intersection of three markets, each of which has massive growth potential:

● NFT sales topped $24.5 billion in 2022. NBA Top Shots and NFT artists, such as Beeple, have pushed NFTs into mainstream vernacular.

● DeFi tokens hit $50B in total locked value.

● There are 420m crypto wallet holders as of April 2023.

● The global gaming market reached a value of US $365.5 billion in 2023.

● The rise of virtual worlds, such as Decentraland, and blockchain games, such as Axie Infinity and The Sandbox, have gained a fully diluted valuation of over $6.5B USD. Note: Numbers taken as of end of Feb. 2023.