Musa was created by TMP Group and Blockchain Italia.io with the mission to create a sustainable alternative to the existing marketplaces, to really make NFT creation and collection accessible.
MUSA aims to be the reference Nft platform for all artists and creators who want to express themselves through their digital art while exploring new sales channels.
How is MUSA is revolutionizing the NFT industry?
- Better experience for creators and collectors: MUSA is the first NFT platform built on top of the Algorand blockchain; this ensures low minting costs, low transaction costs, and high transaction speed to enable and facilitate the buying and selling of NFT tokens.
- The perfect bridge between quality and exclusivity: MUSA will make it easy for artists to showcase their quality creations without going through lengthy application processes.
- Environmentally friendly: MUSA solves the pollution problem that all major marketplaces face every day by leveraging the carbon-negative blockchain of Algorand.
Algorand is building the technology to power the Future of Finance (FutureFi), the convergence of traditional and decentralized models into a unified system that is inclusive, frictionless, and secure. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for defi, financial institutions and governments to smoothly transition into FutureFi.
Algorand aims to solve the three main problems faced by blockchains today, also known as the blockchain trilemma: security, scalability, and decentralization.
In Algorand’s consensus algorithm, called Pure PoS, the network ties its security to the honesty of the majority. Essentially, in comparison to Delegated Proof-of-Stake, Liquid Proof-of-Stake or Bonded Proof-of-Stake, there is no sanction mechanism, also known as slashing, in case an actor misbehaves — think about liveness faults such as low uptime, or security faults such as trying to validate twice the same block.
As the world’s first pure proof-of-stake blockchain, the Algorand network was designed from the ground up to minimally impact the environment. Because its consensus is not based on energy-intensive proof-of-work and requires minimal computational power or electricity, Algorand has been a leader in minimizing the environmental impact of blockchain technology.