Rarible, a non-fungible token (NFT) marketplace, has announced the debut of a market maker. This builder gives artists and projects the ability to customize a Polygon-based store for their NFT collections.

The Rarible team underlined the fact that the blockchain had gained substantial popularity in the NFT industry and explained why the company decided to use the Polygon network for the application.

According to Alexei Falin, co-founder and CEO of Rarible, the Polygon NFT market has recently gained “tremendous traction” in the past few months.

Furthermore, the team anticipates that in the near future, the buying and selling of NFTs will be able to take place in the community markets.

Falin said: “We believe that community markets are the way of the future when it comes to buying and selling NFTs, and we believe that every project should have its own market.

Self-service technology is sorely needed to make this happen.”

In addition to the Polygon-based NFT projects offered by Rarible, the company also provides a market maker for the Ethereum ERC-721 and ERC-1155 collector tokens.

NFT initiatives have developed new methods to improve the area despite the market weakness that has been occurring.

On January 11, a tool that evaluates the trading performance of NFT collector wallets through an NFT index was made available.

Wallets are evaluated based on their realized and unrealized gains, in addition to a host of other characteristics, by the index.

At the same time that NFT projects are developing new tools or services, other initiatives are doing their best to survive the crypto winter.

The SuperRare NFT marketplace announced not long ago that it will lay off thirty percent of its staff.

The company’s chief executive, John Crain, said the company “expanded in parallel with the market” and that they “overhired” when market circumstances were favourable.

However, the CEO of the NFT market pointed out that this cannot be sustained in the long term.