H1: HeartX Announces Beta Testing for the New Web3 Digital Art Market

It is reported that HeartX, the Web3 digital art market, announced that it will start beta testing today. Invited users will be able to explore their X-to-Earn ecology, but NFT trading function will not be opened during the internal testing. HeartX also announced that by the end of April, most smart contracts will be deployed on Ethereum Layer 2 to reduce gas cost and provide users with a better art trading experience. （thedefiant）

HeartX of Web3 digital art market launches beta test, and smart contract will be deployed in L2 at the end of April

HeartX, the new Web3 digital art market, has recently announced that it will commence beta testing today. The exciting news is that selected users will have a sneak peek into the platform’s X-to-Earn ecology, while the NFT trading function will remain closed during internal testing.
HeartX is a blockchain-based digital art market that aims to build a decentralized platform that is transparent and fair to both artists and collectors. In this article, we will take a closer look at the HeartX beta testing, the X-to-Earn ecology, smart contracts, and the impact on the digital art industry.

H2: Understanding HeartX Beta Testing

The HeartX beta testing is a series of tests conducted by the platform to identify any underlying issues before it is launched to the public. During the testing period, selected users will have access to explore the X-to-Earn ecology of the platform, but not the NFT trading function. This is to ensure that the platform runs smoothly and securely before the trading functionality opens for the public.
The X-to-Earn ecology is a new concept introduced by HeartX that incentivizes users to participate in the platform. Users can earn tokens by creating, curating, and promoting content, as well as participating in governance-related functions. The X-token is the platform’s native token, which will serve as a medium of exchange, governance, and an incentive mechanism within the HeartX ecosystem.

H3: Smart Contracts Deployment on Ethereum Layer 2

HeartX understands that the gas fees on Ethereum can be a significant barrier to entry for new users, especially those interested in art trading. Therefore, by the end of April, most of the smart contracts on HeartX will be deployed on Ethereum Layer 2. This deployment will significantly reduce the gas cost and improve the overall trading experience for users participating in the HeartX ecosystem.

H3: The Impact of HeartX on the Digital Art Industry

HeartX has a significant impact on the digital art industry in various ways. Firstly, it provides a decentralized platform for trading and exchanging digital art, eliminating the need for intermediaries, making art trading more transparent and fair. Secondly, HeartX also introduces the X-to-Earn ecology, which is a new incentive mechanism that rewards users for participating in the platform.
Furthermore, HeartX, with its deployment of smart contracts on Ethereum Layer 2, greatly reduces gas fees and thereby, makes art trading more accessible to the general public. The platform also aims to become a hub of creative activities, with the introduction of various features including virtual galleries, exhibitions, and ticketing systems.

H4: Conclusion

HeartX’s announcement of beta testing is a positive sign for the digital art industry, as it provides an opportunity for new users to explore the platform and get a feel of what is to come. The X-to-Earn ecology, smart contracts deployment on Ethereum Layer 2, and the elimination of intermediaries, are expected to significantly revolutionize the digital art industry. HeartX is poised to become a leading player in the digital art market, providing a platform for the creation, trading, and discovery of unique and authentic digital art pieces.

FAQs

1. When will the HeartX NFT trading function open?
Ans: The NFT trading function will be opened to the public after internal testing.
2. What is the X-to-Earn ecology on HeartX?
Ans: The X-to-Earn ecology is a new incentive mechanism that rewards users for participating in the HeartX ecosystem.
3. What is the impact of HeartX on the digital art industry?
Ans: HeartX has a significant impact on the digital art industry, providing a decentralized platform for trading digital art, eliminating intermediaries, introducing the X-to-Earn ecology, and reducing gas fees.