Cardano Ecosystem





Cardano devs team collabs with NFT infrastructure provider NMKR

Blockchain Developer Input Output Global Announces Collaboration To Drive NFT Adoption on Cardano. Read This Full Report

Cardano devs team collabs with NFT infrastructure provider NMKR

Last updated Aug 18, 2022

Input Output Hong Kong (IOHK) Global announced a new collaboration to derive NFTs adoption in the Cardano ecosystem.

Cardano is an efficient Proof-of-stake consensus-based blockchain network. In September 2021, Cardano developer team IOHK successfully introduced smart contract features in the Cardano mainnet blockchain via Alonzo Hardfork but still to this date Cardano Defi blockchain ecosystem is lagging behind adoption among the crypto developers.

Recently NMKR published a new blog post and confirmed that NMKR will support the Cardano blockchain ecosystem via its infrastructure & ecosystem. 

According to the press release, NMKR is the number one NFT minting and payment infrastructure on Cardano, which will allow NFTs lovers to mint & pay for NFT digital collectibles on the Cardano Blockchain.

The announcement also read that NMKR is planning to introduce a fiat payment feature so that people don’t remain restricted to crypto payment only. 

Charles Hoskinson, the founder of Cardano blockchain & CEO of IOHK, said that the partnership of NMKR will provide full NFTs mint & payment services, so basically it will complete all the needs, which are required to make NFTs accessible to everyone.

“We are excited to be working with NMKR as they develop an entire minting and payment infrastructure ecosystem, making NFTs accessible for everyone.”

Cardano faces criticism

It happened many times when the Cardano project faced huge criticism in the crypto industry because of the lack of collaboration and promotion with other crypto projects. 

Recently Pac Protocol co-founder David Gokhshtein said that he is holding Cardano (ADA) but the disappointing thing is Cardano is not able to attract the devs in its ecosystem. 

I’ve held $ADA, but as the weeks have moved on it’s grown on it.

Again, the only problem I have is that it takes a while to understand the ecosystem, which might push away people from building on it.

— David Gokhshtein (@davidgokhshtein) August 14, 2022

At the time of writing this article, the price of the ADA coin is $0.537 and this price is 11.80% high over the 30 days of trade price.

Cardano devs team collabs with NFT infrastructure provider NMKR 1

Read also: I’m still bullish on the long run with Bitcoin, says Kraken CEO


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