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Secretum: next generation NFT trading platform



The boom in non-fungible tokens (NFTs) is picking up speed, reaching new price and volume records in 2021.


The digital artwork "Everydays - The First 5000 Days" sold for $ 69 million at a Christie's auction in March .

Sales of NFTs grew more than 700% in Q3 2021 versus Q2 2021 to total 10.7 billion

The total value of NFTs has passed the $ 43 billion mark worldwide . 

The proliferation of NFT games continues to fuel the fire. One of the most popular NFT metaverses, Axie Infinity is forecast to gross $ 2.7 billion in 2021 . And almost exclusively through the sale of character and in-game NFTs.


New challenges for NFT collectors

In such a revolutionary and dynamic market, NFT buyers and collectors often face a number of challenges:


Hidden Fees - Most of today's NFTs are based on blockchain tokens in the Ethereum standard (ERC-20, ERC-721 or ERC-1155). Since every token needs a certain amount of energy to be generated, every NFT transaction is associated with a so-called “gas fee”. The fee is currently around 5.23% of the average NFT price - a significant cost factor for both buyers and sellers.

A fragmented market - there are a number of NFT platforms such as Opensea or Rarible. But these do not help buyers and sellers find potential or interesting NFT assets or collections. The liquidity is therefore fragmented. Buyers and sellers often cannot find each other easily, which reduces the potential for higher sales prices.

Security Issues - Cryptocurrency wallet attacks, hacks, and data breaches are becoming more common. In 2020 there were a total of 27 large-scale attacks on cryptocurrency wallets. In the process, the owners were robbed of over $ 3 billion . With the global value of NFTs approaching $ 50 billion, a solution is needed to securely store and trade valuable digital assets.

An ambitious team of developers has created a unique, state-of-the-art and highly reliable blockchain-based platform that allows NFTs to be stored and traded securely, quickly and at minimal cost. The name of this solution is Secretum .


Secretum - The ultimate platform for safe and affordable NFT trading

Secretum is the world's first and only decentralized, encrypted messaging and OTC trading app that is based on the innovative Solana blockchain. The app offers users a number of unique features: 


Direct NFT and crypto token trading between users via an integrated escrow smart contract functionality that makes it possible to find NFT assets owned by other wallets. This opens up endless opportunities for trading NFTs without the need for exchanges, which increases the liquidity of the NFT market.

Direct and anonymous registration and communication with every other wallet owner in the world, based solely on the wallet address. Secretum enables cryptocurrency owners to do something unprecedented. Namely to communicate and trade with each other without knowing each other or having them on the contact list.

Highly secure NFT and data storage in a distributed network of nodes. This eliminates the risk of hacking, data leakage, or other external disruptions that are typically a problem for cloud-based messaging and storage solutions.

Secretum on the Solana blockchain

Secretum's use of the Solana Blockchain is a turning point in the NFT market thanks to its superior properties:


Low Cost - Solana's transaction costs averaged just $ 0.00025 , a savings of over 99% over the average Ethereum gas fees. This means that NFT collectors and traders can save more money and significantly increase their trading activities, at almost no additional cost.


High transaction speed - Solana is able to process 65,000 transactions per second , 4,000x more than Ethereum . This means that Secretum can accommodate a tremendous amount of NFT trading activity between its users without any delays in execution.


A booming ecosystem - In July 2021 , Neon Labs announced the use of a cross-chain Ethereum virtual machine in the Solana test network. Secretum will therefore be able to take advantage of Solana's speed and cost advantages when it comes to Ethereum-based applications and NFTs ( 90% of the total ). This accelerates user growth and further expands Secretum's presence in the NFT market.


Secretum's unique capabilities and technology are a quantum leap. For both secure messaging and the NFT market. By positioning itself as the leading solution for these two huge markets, Secretum aims to take full advantage of future growth.

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Disclaimer of liability

All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general informational purposes only. Any action that the reader takes based on the information found on our website is entirely at your own risk.

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