New feature allows businesses to mint NFT with minimal encryption

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2022-02-16 17:39:41

NFTs are the new darlings of the crypto industry, but their training is still quite a headache. Long, expensive, confusing headaches.

Recent Chainalysis data shows that users moved over $40 billion worth of cryptocurrencies to Ethereum’s immutable smart contracts (NFTs) by 2021. Although this reflects the NFT’s rapid growth, there are still many obstacles when it comes to mining these tokens and a startup is solving this problem by doing all the behind-the-scenes processes.

NFTs have been all the rage over the past few months, and most experts agree that the trend here continues to hold the potential to transform many industries, from digital art to supply chains.

While the rapid growth of the nonfungible market has spurred the development of more intuitive processes to help reach more users without necessarily being tech-savvy, the minting of tokens This is still a headache for those who haven’t started yet. For example, on Ethereum (ETH), where most NFTs are generated, users must first hold Ether in their digital wallet and be ready to pay gas fees.

Thankfully, most of today’s tech-challenging processes find shortcuts quickly, and Tatum is providing a shortcut to creating NFTs. Tatum – a rapid development platform that reduces the complexity of blockchain development – recently launched NFT Express, a unique feature that allows developers and businesses to mint NFTs without coding or deploying them. smart contract declaration. Users do not have to go through the first step of buying crypto with gas fees.

Make NFT Minting Easy

This feature is available to users with a paid Tatum plan and allows them to mint as many NFTs as they like. Currently, NFT Express is compatible with five blockchains: Ethereum, Polygon (MATIC), Binance Smart Chain (BSC), Celo (CELO) and Harmony (ONE). With a simple API call, NFTs are generated within seconds and with gas fees paid from the monthly credit allocation in the Tatum plan.

Tatum’s users can earn countless tokens without any crypto investment. This feature is perfect for small businesses and individuals who want to capitalize on the NFT trend to their benefit but don’t know where to start or simply want to avoid all the hurdles associated with NFT generation. It is also suitable for larger businesses looking to mint NFTs at scale across multiple blockchains, allowing them to instantly mint as many NFTs as they want without having to worry about holding a sufficient amount of crypto on the blockchain. each blockchain.

The implementation of NFT solutions is not simply a marketing move, as these unique tokens can solve real-world problems that may be related to copyright or monetization schemes. Large companies have been exploring the benefits of non-fungible tokens, often in the context of the metaverse. For example, Walmart has prepared patents for NFT and proprietary cryptocurrencies, while YouTube is considering integrating NFT to help creators better monetize their content.

CEO Jiri Kobelka reflects on their feature development experience:

“We realized we could completely eliminate most of the pain businesses were facing and provide a simple, secure, and seamless NFT solution for anything they wanted to create. Now they don’t have to hire blockchain developers and their gas fees are covered by their Tatum packages. We believe NFT Express will open doors to countless businesses and developers alike, and we’re extremely excited to announce it to the public. ”

NFT Express reduces the time-to-market, cost, security and regulatory issues typically associated with building an NFT application.

The development platform that built it all

Tatum is a blockchain development platform that saves developers time and money by providing a unified framework for over 40 blockchain protocols and thousands of digital assets.

Its user base has grown from 4,000 developers to over 18,000 developers in the past year. Today, it hosts more than 1,000 NFT markets. At its peak, applications built on Tatum processed $1 billion per day and earned 500 NFTs per second. Tatum has qualified for the Startup World Cup European Final and the right to participate in the Global Finals in 2022.

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