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Floor Expands to Solana, Bringing Mobile NFT Portfolio Tracking to a New Ecosystem

By: illustrious
April 24, 2023 10:00 AM EDT
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Floor, a mobile NFT portfolio tracking app, has broadened its horizons by adding support for Solana NFTs. With this expansion, Floor now caters to the growing Solana ecosystem, which has gained increased attention following the recent Mad Lads mint – one of Solana's most successful NFT drops in months.

Initially designed for Ethereum-based NFTs, Floor is the first Layer-1 blockchain platform to support Solana. This addition allows popular Solana NFT projects such as Claynosaurz, Solana Monkey Business, and Okay Bears to be tracked within the Floor mobile app on iOS and Android devices. The move was facilitated by the Solana Foundation, which provided technical support and partnership connections.

Floor's CEO and co-founder, Chris Maddern, has hinted at future collaborations with the Solana Foundation to enhance the accessibility and understanding of NFT data for developers and users. According to Maddern, Solana has been a highly requested feature by Floor users and is "clearly positioned to support at-scale adoption of NFTs in key use cases like gaming and credentialing."

Maddern also expressed excitement in partnering with Solana to make the NFT ecosystem more accessible and user-friendly. Solana's NFT market has recently experienced a surge with the successful launch of Mad Lads, an xNFT project with over $10 million in secondary trading volume. This development has pushed Solana ahead of all Ethereum projects in 24-hour trading volume.

This expansion to Solana follows Floor's acquisition and integration of WGMI.io, an NFT analytics platform, earlier this year. Floor has also seen its number of unique monthly active wallets connected to the app increase to over 50,000, up from 22,000 in January. Additionally, the platform recently introduced social features, allowing users to claim tokenized Floor usernames.

Maddern believes that mobile apps and platforms have a crucial role to play in the NFT ecosystem. He cites a recent Andreessen Horowitz report that highlights the decline in mobile crypto wallet usage and envisions a future where mobile apps focus on exploration and discovery rather than transactions in the Web3 space. This integration of Solana into Floor's app represents a step towards that vision, broadening access and understanding for users in the rapidly evolving NFT market.

illustrious
Always experimenting.

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