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Cardano to Support NFT Marketplaces, Hints Charles Hoskinson

While doing the necessary work on the upcoming hard fork Alonzo, Cardano’s founder Charles Hoskinson said that his project would also focus on NFTs and NFT marketplaces. He noted that Cardano has already carried conversations with several such marketplaces about potentially transitioning to its blockchain.
Cardano and the NFT Mania
Non-fungible Tokens (NFTs) are undoubtedly the hottest trend in the cryptocurrency space this year. It enabled representatives of other industries, such as artists, to create unique, tokenized content and sell it online. On some occasions, the amounts went through the roof, including this $69 million-worth piece of digital art.
Upon “getting everything in place for Alonzo,” Cardano’s founder said that he and his team have also explored NFTs. He noted that NFT marketplaces have “become a very big deal. Go figure.”
While most of those platforms currently work on top of the Ethereum blockchain, he believes that they would be prone to migrate to Cardano in the future as well. Consequently, Hoskinson has contacted several of the top ten marketplaces to begin negotiations.
“It’s easy to clone these protocols; it’s easy to partner with these; just in NFTs, we approached several of the top-10 marketplaces and already begun discussions porting them over to Cardano. Because – why not? It’s an easy conversation, and it’s just engineering resources.”
He added that Cardano is working on scaling up the necessary capacity for those marketplaces to operate seamlessly and promised to do the same for other protocols, including decentralized …
Story continues on Crypto Potato

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