QubicBay - Part 1: QubicBay Is Bringing NFTs to Qubic
Written by
The Qubic Team
Mar 19, 2025
Every major blockchain has an NFT marketplace. Now, Qubic does too.
QubicBay is launching, and it's the first NFT marketplace on Qubic. It’s a bridge between Qubic and the wider crypto world. NFTs attract artists, collectors, and traders - new users who bring fresh demand and more transactions.
And the IPO? A Dutch auction. A chance to own part of the marketplace itself. Shareholders get paid. Every transaction, every flip, every new collection - money flows, and if you own shares, you get a cut.
"This is the opportunity to show to the crypto space the potential of our ecosystem!" – QubicBay Proposal.
What is QubicBay?
QubicBay is the first NFT marketplace on Qubic, powered by a smart contract that enables full NFT functionality, including:
Minting – "Create and launch new NFT collections."
Buying & Selling – "Seamless peer-to-peer transactions."
Transferring & Exchanging – "Move NFTs between wallets."
Auctions – "List NFTs for bidding with dynamic pricing."
Floor Price Tracking – "Monitor market trends."
Making & Accepting Offers – "Direct negotiation between buyers and sellers."
Getting NFT Information – "View metadata and ownership details."
These features allow users to drop, trade, and collect NFTs on the Qubic tickchain, creating new economic activity within the ecosystem.
Why Qubic Needs an NFT Marketplace
Simple. Growth. Attention. Adoption.
More users – Artists, traders, speculators - new eyes on Qubic.
More transactions – Mints, sales, auctions, bids. More activity.
More exposure – Qubic steps into the larger crypto scene.
"This is Qubic’s moment to show the crypto space what it can do." – QubicBay Team
How QubicBay Works
QubicBay requires QUBIC for minting, which supports Qubic’s economy by ensuring consistent demand.
Meanwhile, CFB has a unique role in QubicBay, as it is required to purchase NFT minting packages.
"CFB will have a reserved exclusive function: the purchase of packages." – QubicBay Proposal
Creators who want to launch a new NFT collection must purchase a package of mintable NFTs (slots) with CFB. The price varies based on collection size:
"For a collection of 1000 NFTs, users will have to purchase a package worth 200 USDT of $CFB, and so on, up to a maximum package of 10,000 NFTs worth 2000 USDT in $CFB." – QubicBay Proposal
This dual-token model adds another use case for CFB, while keeping QUBIC as the primary currency for NFTs.
Why This IPO Matters
"We have developed the first smart contract that will allow NFT technology to be brought to Qubic tickchain. New blood, new users will be attracted by this possibility, creating greater interest and attention for the entire ecosystem." – QubicBay Proposal
QubicBay is not controlled by a single entity. Instead, it is owned by shareholders, who earn revenue from NFT sales. The IPO is the only way to buy shares before they hit the secondary market on Qx.
Own Shares. Earn Fees.
NFTs move, money moves, shareholders get paid.
Every secondary sale has a 3% fee, but shareholders only earn from sales made with QUBIC::
2% fuels QubicBay’s growth.
1% is split among shareholders.
This structure ensures that QubicBay shareholders benefit directly from marketplace adoption.
Future Roadmap & Team Behind QubicBay
What’s Next for QubicBay?
"We will continue to develop the platform and implement new features. There are many to add along the way, such as adding other cryptos that are part of the Qubic ecosystem or implementing others across bridges. There are many possibilities for future development, we are only just getting started!" – Pepito.
Planned upgrades include:
Mobile wallet integration – Allowing NFT minting & trading on the go.
Expanded smart contract storage – More space for NFTs on-chain.
Cross-chain support – Bringing in assets from other blockchains.
Continued upgrades – New features to improve user experience.
The Team Behind QubicBay
"I discovered blockchain technology in 2017, saw various cycles go by and bubbles pop, but what remains and I believe will have a bright future is blockchain and its developments." – Pepito.
QubicBay is led by a dedicated team:
Pepito – Project leader and CFB ideator.
Poly – Smart contract developer.
Serendipity – Frontend & backend developer.
"From the very beginning, I always dreamed of creating a project that was driven by the collective, where everyone could check and have an idea of how things move. I strongly believe in transparency where possible and as a basic concept." – Pepito.
The QubicBay IPO: Your Chance to Buy Shares
The QubicBay IPO starts Wednesday 19th March until Wednesday 26th March, and this is the only opportunity to buy shares before they hit the secondary market.
In QubicBay - Part 2: How to Participate in the QubicBay IPO, we’ll walk you through exactly how to place a bid and secure your stake in QubicBay.
Will you be using QubicBay to trade NFTs? Will you be taking part in the IPO? Got questions? Go to the Qubic Discord and Telegram and join the discussion.