Blockchain company behind Cardano, Input Output Global (IOG) (ADA) is working with the Non-Fungible Token (NFT) ecosystem to drive NFT adoption.
NMKR also plans to integrate new fiat currency payment options that will allow users to pay in traditional currencies in addition to cryptocurrencies.
Cardano co-founder Charles Hoskinson, CEO of IOG, said the collaboration with NMKR is an important step for his company.
“We are excited to work with NMKR as they develop the entire minting and payment infrastructure ecosystem to make NFTs accessible to everyone.”
Earlier this summer, renowned actor and comedian Martin Lawrence launched his first NFT collection using NMKR’s new Minting API.
— Martin Lawrence (@realmartymar) June 11, 2022
Cardano’s native asset, ADA, is trading at $0.5598 at the time of writing. The sixth-largest crypto asset by market capitalization is up 1.37% over the past 24 hours and more than 10% over the past week.
The NMKR token is trading at $0.0086 at the time of writing. Ranked 779th by market capitalization, the crypto asset is up nearly 13% in the past day and more than 1% in the past week.
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Featured image: Shutterstock/foxaon1987/Mingirov Yuriy