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Sparkles Rebrands to xHaven, Reveals Website Revamp and Upcoming Features to Elevate the Flare Network Digital Collectible Space

Published 04/11/2024, 11:06 AM
Updated 04/11/2024, 11:30 AM
Sparkles Rebrands to xHaven, Reveals Website Revamp and Upcoming Features to Elevate the Flare Network Digital Collectible Space

Dubai, UAE, April 11th, 2024, Chainwire

Sparkles, a digital collectibles platform acclaimed for its trusted infrastructure on the Flare network, today unveiled its new identity as xHaven. Alongside the rebranding, xHaven announced a series of updates signalling a deepened commitment to blockchain innovation and community empowerment.

xHaven by the Numbers:

  • Around 60,000 unique wallet users engaged.
  • Over $5 million in total trading volume.
  • Approximately 500,000 transactions processed.
  • Recognized as the official Flare Network partner.
  • Integration with Bifrost Wallet, enhancing digital collectibles accessibility.
  • A catalyst for a flywheel effect through API endpoints, facilitating data distribution across the entire ecosystem.
  • Established as the first on-chain verifiable environmentally positive marketplace.
A New Chapter: Sparkles Transforms Into xHaven

xHaven, initially launched as Sparkles, marks a strategic transformation with a broadened scope, introducing an array of products and services that go beyond its original marketplace offerings. The rebrand aligns with Flare's #ShipEverything2024 initiative, reflecting xHaven's ambition to create a comprehensive and integrated digital collectibles ecosystem.

Upcoming Features and Developments:

  • A new user interface and experience for the xHaven Marketplace.
  • An updated economic model with revised Tokenomics.
  • Introduction of ERC404 support.
  • Release of the XVN Token.
  • The debut of the xHaven Launchpad and Membership Collection.
  • Implementation of Real-World Asset (RWA) Infrastructure.
Looking Ahead: The DAO Directive

xHaven envisions its future as a DAO, a cornerstone of its growth strategy. This focus will enhance community and developer engagement through the xHaven Foundation's Governance Token Distribution Mechanism, fostering a collaborative ecosystem.

Engagement

The xHaven team invites the community to explore the reimagined marketplace, prepare to participate in governance, and engage with new offerings.

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About xHaven

xHaven is the premier platform for digital collectibles on the Flare network, offering a robust infrastructure and comprehensive services tailored to creators, traders, and developers.

Official website | X | Discord |

ContactMarketing TeamxHavencomms@xhaven.io

This article was originally published on Chainwire

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