Hoskinson Explained👇
The Cardano (ADA) team is holding a number of negotiations to bring NFT marketplaces to the network.
The #Cardano ( #ADA) team is holding a number of negotiations to bring #NFT #marketplaces to the network. Cardano CEO Charles #Hoskinson provided information on the subject.
Cardano founder Charles Hoskinson said his project will focus on NFTs and NFT markets, while doing the necessary work for the upcoming hard fork Alonzo. He stated that Cardano has been in talks with several such marketplaces regarding the switch to blockchain.
↪️Cardano and the NFT Madness
Non-fungible tokens (NFTs) this year without a doubt crypto-currency one of the hottest trends in unit area. It allowed representatives of other industries, such as artists, to create unique, iconic content and sell it online. In some cases this has peaked at $ 69 million worth of digital art.
After "doing everything for Alonzo," Cardano's founder said he and his team will also investigate NFTs. He also added that NFT marketplaces "have become a huge event.
He believes that while most of these platforms are currently working on top of the Ethereum blockchain, they will have a tendency to migrate to Cardano in the future. As a result, Hoskinson contacted several of the top ten marketplaces to begin negotiations:
“These protocols are easy to create; it is very easy to partner with them; In NFTs only, we have contacted a few of the top 10 marketplaces and have already started negotiations to transfer them to Cardano. Because why not? This is an easy conversation. "
Lastly, Hoskinson added that Cardano is trying to increase the capacity required for these marketplaces to run smoothly, and has pledged to do the same for other protocols, including decentralized exchanges.
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