NFT MAKER Archives - Times Tabloid https://timestabloid.com/tag/nft-maker/ Cryptocurrency and Blockchain Tabs Mon, 07 Mar 2022 17:00:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://timestabloid.com/wp-content/uploads/2021/08/cropped-Times-Tabloid-Favicon-32x32.png NFT MAKER Archives - Times Tabloid https://timestabloid.com/tag/nft-maker/ 32 32 Non-Fungible Tokens (NFTs) Minted On Cardano Surpass 800,000 Mark https://timestabloid.com/non-fungible-tokens-nfts-minted-on-cardano-surpass-800000-mark/ Mon, 07 Mar 2022 16:56:24 +0000 https://timestabloid.com/?p=4202 Cardano blockchain experienced a significant transformation after the implementation of smart contracts functionality through Alonzo mainnet launch that played out in September 2021. The major development opened the door for developers and more projects. As a report has it, over 800,000 non-fungible tokens (NFTs) have been minted using NFT MAKER (NMKR), the first-ever Cardano-powered ‘Mint-on-Demand’ […]

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]]> Cardano blockchain experienced a significant transformation after the implementation of smart contracts functionality through Alonzo mainnet launch that played out in September 2021. The major development opened the door for developers and more projects.

As a report has it, over 800,000 non-fungible tokens (NFTs) have been minted using NFT MAKER (NMKR), the first-ever Cardano-powered ‘Mint-on-Demand’ tool.

Read Also: Charles Hoskinson: JPMorgan Does Not Own Any Critical Cardano Infrastructure

The new development was announced on 6th March via NFT MAKER’s official Twitter handle.

NFT MAKER tweeted, “Over 800 000 NFTs have been minted using .”

NFT MAKER’s Progress on Cardano Blockchain

One of the major crypto projects that are leveraging the platform to mint their NFTs is CardanoPeakz, with digital collectibles that represent mountain tops such as Mt. Everest, Nanga Parbat, and Denali.

NFT MAKER was launched as a means to reduce the entry barrier to NFTs for end-users, artists, and brands. It has managed to create a whole set of onboarding, minting, and secondary market selling tools that users can deploy with no coding knowledge.

Over 60 Decentralized Finance (DeFi) Set To Launch on Cardano

According to the data provided by BuiltOnCardano, the number of projects, especially decentralized finance (DeFI), which are launching on Cardano blockchain, experienced a notable increase.

Data from BuiltOnCardano reveal that there are 61 DeFi projects, including 26 decentralized exchanges (DEXs), which are being built on Cardano at the moment.

Read Also: Cardano Is Number 3 Most Mentioned Crypto on Reddit; ADA Triples ETH in Transaction Volume

Some of the decentralized exchanges that are under construction on Cardano include ADA Finance, Ray Network, Occam.Fi, YaySwap, Cardax, Matrixswap, and Meowswap.

While a total of 26 decentralized exchanges are still building to officially go live on the Cardano network, it’s worthy of note that 6 DEXs had initially launched on the blockchain.

SundaeSwap became the first-ever decentralized exchange to fully launch on Cardano following the activation of smart contracts functionality on the network.

Although the DEX encountered slight issues in the early hours of its launch, the bug was swiftly resolved.

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The post Non-Fungible Tokens (NFTs) Minted On Cardano Surpass 800,000 Mark appeared first on Times Tabloid.

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