NFT MAKER (NMKR), the first-ever public ‘Mint-on-Demand’ tool run on the Cardano (ADA) blockchain, has minted over 800,000 NFTs. The significant announcement was made by the NFT-making platform in a tweet on March 6:
CardanoPeakz, a crypto project that uses the platform to mint its NFTs, is one of the crypto projects using the platform to mint its NFTs, featuring digital collectibles that symbolize the world’s mountain peaks such as Mt. Everest, Nanga Parbat, and Denali. In response to the tweet, the project announced the addition of more NFTs.
NFT MAKER was created to make it easier for end-users, artists, and brands to get started with NFTs. To that purpose, it has developed a comprehensive set of onboarding, minting, and secondary market selling tools that users can use without any coding experience.
It’s worth noting that the news follows a trend of increased popularity for NFTs, despite the fact that they’re still in their infancy.
In 2021, there were 1,263 NFT-related trademark filings, a 421-fold increase from the three filings in 2020. Indeed, filings increased by 552.17% between August 2021 and January 2022.
Cardano’s scalability continually expanding capacity and throughput to handle the growth of the Decentralized App (dApp) ecosystem and onboard millions of new users, is one of the factors that make it one of the chosen platforms for NFT minting.
Cardano completed a major network update, including smart contract features, in September 2021, increasing the blockchain’s scalability and performance. It had accepted over 1,000 smart contracts and over 3 million new ADA wallets by the end of January 2022.
In January, the company announced a 12.5% increase in block size to 72KB, as well as other performance and scaling enhancements, such as the introduction of on-disk storage and improved block propagation times to at least 95%t of peers within five seconds by reducing the ‘dead time’ between blocks.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
KAZ
CoinCu News
Explore the best new meme coins with 1000X potential. Learn how BTFD Coin leads with…
BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…
Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…
Over the years, meme coins have evolved from inside jokes into serious investment opportunities.
Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…
Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…
This website uses cookies.