The marketplace is also supported by Serum’s asset agnostic orderbook, which allows protocols to use Serum as their backend matching engine for any type of financial product.
SFTs are the newest addition to the GameFi space that will bring familiar Web2 gaming mechanisms like “stackable” assets onto the blockchain.
In Web3 games, NFTs have become a core technology that allows game developers and players to store in-game assets (like accessories, weapons, characters, clothing, etc.) on the blockchain. For certain in-game assets that are not 1:1 and can be redeemed in greater quantities, SFTs become a useful way to “stack” like-for-like assets in the player’s inventory. F
or creators developing games on the blockchain, SFTs lower the amount of resources needed for players to efficiently mint and transact during gameplay. SFTs minted on Solana share a “Mint Account”, which results in less storage used per asset and lower minting fees.