Curate is a gasless, decentralized blockchain platform developed to serve as a marketplace for trading NFTs and physical goods. The term gasless blockchain signifies a platform where transaction fees are covered by the platform instead of users. According to its whitepaper, Curate also serves as a multi-chain bridge facilitating transactions between Ethereum, Bitcoin, and other blockchains. This combination of a specialized marketplace with bridging capacity allows the platform to resolve the issues that exist with other blockchain-based marketplaces.
Other blockchain-based marketplaces may include problems like lack of proper support for major blockchains with wallet capabilities, unfriendly user interface resulting in the hindrance of mass adoption, unreliable and high transaction fees that increase the barrier of entry, disorganized and unfiltered marketplace resulting in poor quality NFTs, slow transaction processing, lack of transparency, and more. Thus, Curate aims to develop a transparent, user-friendly, and fast marketplace that would facilitate trading both physical goods and NFTs on the platform.
To facilitate the transactions on the platform, Curate launched its cryptocurrency, the XCUR token. The XCUR is the native utility token of the Curate platform and is used for many different purposes within the Curate ecosystem and beyond. Some of the utilities that the token serves are: