Launched in April 2021 (Easter Day, using gdocs, sold in under 50 min).

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CardanoBits

<div data-id="165657" data-title=" CardanoBits" data-slug="https://en.cryptonomist.ch/2022/08/27/cardano-nft-column-cardanobits/">This week&rsquo;s guest on the Cardano NFT Column is a pixel art project that is among the first 10k NFT collections: <a rel="nofollow noopener" target="_blank" href="https://cardanobits.art/">CardanoBits</a>.Last week&rsquo;s guest was a project that is building the book ecosystem of the future.This initiative is a point of reference for NFTs on Cardano and every week or two we will invite someone to answer some questions and give us an update directly from within the Cardano community.Considering that many of our readers are new to the crypto space, we will have a mix of simple and technical questions.<h2>Cardano NFT project: CardanoBits</h2><figure id="attachment_165658" aria-describedby="caption-attachment-165658"><source type="image/webp" srcset="https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-1024x341.jpg.webp 1024w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-300x100.jpg.webp 300w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-800x267.jpg.webp 800w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-450x150.jpg.webp 450w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-195x65.jpg.webp 195w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-96x32.jpg.webp 96w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1.jpg.webp 1500w" sizes=" 1024px) 100vw, 1024px"></source><img loading="lazy" src="https://cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-1024x341.jpg" alt="CardanoBits" width="1024" height="341" srcset="https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-1024x341.jpg 1024w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-300x100.jpg 300w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-768x256.jpg 768w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-800x267.jpg 800w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-450x150.jpg 450w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-195x65.jpg 195w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1-96x32.jpg 96w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT1_018-1.jpg 1500w" sizes=" 1024px) 100vw, 1024px">Cardano NFT project CardanoBits is a collection of 10 thousand NFTs</figure><h3>Hey, glad to have you here. Please introduce your team, where are you from, what are your backgrounds?</h3>Hi, the pleasure is mine! We are two systems engineers, specialized in artificial intelligence, entrepreneurs and born in Argentina. We split the tasks, so one of us takes care of the social part and the other one of the technical part.<h3>What is CardanoBits? It seems it does take inspiration from the famous CryptoPunks NFT collection on Ethereum.</h3>Well CardanoBits is a project that was originally born as a marketplace for NFTs in Cardano (so the name), but since at the time we started to put it together there was not even the possibility of having NFTs in Cardano, we decided to make a twist and create the first collection of NFTs that existed.We love pixel art. In fact, part of the impulse to study systems engineering was to create games, so if we were going to make a collection of &ldquo;art&rdquo;, it had to be in our favorite style. I personally did all the designs.CryptoPunks was a great inspiration, not because of the style (although it seemed otherwise) but because it was the first digital art collection ever created.<figure id="attachment_165659" aria-describedby="caption-attachment-165659"><source type="image/webp" srcset="https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-1024x341.jpg.webp 1024w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-300x100.jpg.webp 300w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-800x267.jpg.webp 800w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-450x150.jpg.webp 450w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-195x65.jpg.webp 195w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-96x32.jpg.webp 96w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1.jpg.webp 1500w" sizes=" 1024px) 100vw, 1024px"></source><img loading="lazy" src="https://cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-1024x341.jpg" alt="CardanoBits" width="1024" height="341" srcset="https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-1024x341.jpg 1024w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-300x100.jpg 300w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-768x256.jpg 768w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-800x267.jpg 800w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-450x150.jpg 450w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-195x65.jpg 195w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1-96x32.jpg 96w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT2_018-1.jpg 1500w" sizes=" 1024px) 100vw, 1024px">Three pieces from the CardanoBits collection</figure><h3><span id="CardanoBits_are_getting_lower_parts_to_get_ready_for_the_metaverse_Will_it_be_possible_to_use_Cbits_to_walk_around_the_different_metaverse_projects_building_on_Cardano_Tell_us_more_about_this_and_other_things_in_store_for_the_project">CardanoBits are getting lower parts to get ready for the metaverse. Will it be possible to use Cbits to walk around the different metaverse projects building on Cardano? Tell us more about this and other things in store for the project.</h3>Yes, exactly! Based on the fact that the community, for several months, asked us to make a marketplace (like SpaceBudz, for example), we decided to focus on developing it.Taking advantage of the capabilities of smart contracts, we are adding to the new site a functionality to be able to see the #cbits that each person has in their wallet and, after the minting of the lower parts, they can see directly on our website how the complete CardanoBit would look like, besides being able to download it in its 2D version&hellip; and also in the near future its 3D version.The idea of this is that people can connect to the different metaverses (either 2D or 3D) and use their favorite CardanoBits as avatars.&nbsp;I believe this is the way to build a collaborative future, instead of creating our own metaverse.<figure id="attachment_165660" aria-describedby="caption-attachment-165660"><source type="image/webp" srcset="https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-1024x341.jpg.webp 1024w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-300x100.jpg.webp 300w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-800x267.jpg.webp 800w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-450x150.jpg.webp 450w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-195x65.jpg.webp 195w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-96x32.jpg.webp 96w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1.jpg.webp 1500w" sizes=" 1024px) 100vw, 1024px"></source><img loading="lazy" src="https://cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-1024x341.jpg" alt="CardanoBits" width="1024" height="341" srcset="https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-1024x341.jpg 1024w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-300x100.jpg 300w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-768x256.jpg 768w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-800x267.jpg 800w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-450x150.jpg 450w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-195x65.jpg 195w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1-96x32.jpg 96w, https://en.cryptonomist.ch/wp-content/uploads/2022/08/IMG_InternaNFT3_018-1.jpg 1500w" sizes=" 1024px) 100vw, 1024px">Three lower parts that will allow CardanoBits to be used in the metaverse</figure><h3>Can you share your thoughts about the current NFT and metaverse space on Cardano? Do you have any projects you&rsquo;re keeping an eye on? Perhaps for future collaborations?</h3>I think we are at a very early stage, not only in Cardano but in all existing Blockchains with respect to the metaverse. I estimate that in two or three years we are going to have functional metaverses, and what is going to give the big push is for large companies and brands to acquire land to offer digital and unique experiences, using the capabilities of non-fungible tokens.NFTs on Cardano are very well designed at an architectural level, as they are created as native tokens on the network, rather than being contracts (as for example in Ethereum). I feel this gives a lot of flexibility for downstream uses.Well, the metaverse projects I am personally following are: <a rel="nofollow noopener" target="_blank" href="https://en.cryptonomist.ch/2022/05/22/cardano-nft-column-clay-nation/">Clay Nation</a>, Beyond Rockets and Virtua. There are several floating around, but I try to base myself on the ones that get good business deals and show constant development.&nbsp;<h3>Thank you kindly for your contribution. Any final words? Where can people learn more?</h3>I think the work you are doing is very good and I feel it gives the NFTs space in Cardano more visibility, so thank you very much for it.To learn more, you can visit our <a rel="nofollow noopener" target="_blank" href="https://twitter.com/cardanobits">Twitter</a> and also we will soon have the new version of our <a rel="nofollow noopener" target="_blank" href="https://cardanobits.art/">website</a>.See you in the networks, cheers!Disclaimer: The opinions and views of the people interviewed are their own and do not necessarily reflect those of the Cardano Foundation or IOG. Moreover, this content is for educational purposes, it doesn&rsquo;t constitute financial advice.</div>

BitcoinEthereumNews

Cardano NFT Column: CardanoBits – The Cryptonomist

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	<img width="1000" height="600" src="https://www.crypto-news-flash.com/wp-content/uploads/2019/06/Stanslav-Cardano-1000x600.jpg" alt="" loading="lazy" title="NFT fever breaks out on Cardano, projects and sales explode">
<ul><li>Several projects are using a smart contract-less mechanism to mint NFTs on Cardano by leveraging the native token features.</li>
<li>Creating an NFT on Cardano costs as little as $2, compared to hundreds of dollars on Ethereum.</li>
</ul><hr>In a <a href="https://www.reddit.com/r/cardano/comments/migj1f/we_just_minted_our_first_nfts_on_the_cardano/" target="_blank" rel="nofollow noopener noreferrer">post</a> on Reddit, stake pool operator ADA Technology Management (ATM) claimed to have minted the first NFTs on Cardano.&nbsp;While the post was already posted on the <a href="https://www.crypto-news-flash.com/what-is-cardano-ada-the-best-3rd-generation-blockchain/">Cardano</a> Subreddit 3 days ago and while the publication has already been deleted, the post has triggered an initial pre-smart contracts NFT hype.
ATM is one of many projects that has minted non-fungible tokens (NFTs) on Cardano. CardanoKidz, Spacebudz, and CardanoBits are others just as prominent and with materialized sales, as Project Catalyst advisor Daniel As he tweeted, Spacebudz, and CardanoBits put the Cardano network to the test, confirming the capabilities.

<a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> network stress test line ups:
1&#8419; <a href="https://twitter.com/spacebudzNFT?ref_src=twsrc%5Etfw">@spacebudzNFT</a> &#9989; NFT sale completed 2&#8419; <a href="https://twitter.com/CardanoBits?ref_src=twsrc%5Etfw">@CardanoBits</a> &#9989; NFT sale completed
&#127937; Results: network held up like a champion. &#127942;
This is fun to watch her. Whose next? <a href="https://twitter.com/hashtag/ada?src=hash&amp;ref_src=twsrc%5Etfw">#ada</a> <a href="https://twitter.com/search?q=%24ada&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ada</a> <a href="https://twitter.com/hashtag/blockchain?src=hash&amp;ref_src=twsrc%5Etfw">#blockchain</a> <a href="https://twitter.com/hashtag/NFT?src=hash&amp;ref_src=twsrc%5Etfw">#NFT</a>
cc <a href="https://twitter.com/CryptoKitties?ref_src=twsrc%5Etfw">@CryptoKitties</a> &#128064;
&mdash; Daniel Ribar &#128640;&#8371; (@danny_cryptofay) <a href="https://twitter.com/danny_cryptofay/status/1378848752757317639?ref_src=twsrc%5Etfw">April 4, 2021</a>

CardanoBits reported about a massive interest from the community, rushing to participate in the sales to acquire one of the pieces of the collection. Due to this, the team behind the project reported a &ldquo;crash&rdquo; on their servers. In less than an hour CardanoBits managed to sell all 1,496 NFTs available. As the image below shows the increase in network activity was massive.

 <a href="https://t.co/xKWqs0pbXS">pic.twitter.com/xKWqs0pbXS</a>
&mdash; Ada Booster | BOOST &#128293; (@AdaBooster) <a href="https://twitter.com/AdaBooster/status/1378836433809649665?ref_src=twsrc%5Etfw">April 4, 2021</a>

The enthusiasm was similar for the other NFT projects and collections. At the Spacebudz sale, over 10,000 NFTs were sold, worth an average of ADA 50 each. Remarkably, these were resold on an alternative market for thousands of dollars.

				
					
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		<h2>How does minting an NFT on Cardano work?</h2>
One of the Spacebudz team members, developer Alessandro, posted a proposal for an NFT standard on Cardano&rsquo;s forum. Dated January 28, Alessandro explained what the process for minting NFTs on Cardano looks like and its differences from Ethereum.
The developer stated that attaching metadata on Cardano is not possible because it lacks smart contracts, and as it operates with native tokens and utilizes a UTXO based ledger. Therefore, Alessandro <a href="https://forum.cardano.org/t/cip-nft-metadata-standard/45687" target="_blank" rel="nofollow noopener noreferrer">proposed</a> taking an alternative:
Cardano has the ability to send metadata in a transaction, that&rsquo;s the way we can create a link between a token and the metadata. To make the metadata unique to the token, they should be appended to the same transaction, where the token forge happens.
In a separate post, Spacebudz&rsquo;s team provided further details on how they were able to mint NFTs without smart contracts by using a &ldquo;time-based minting&rdquo; policy. The process costs about 2 ADA. In comparison, creating an NFT on <a href="https://www.crypto-news-flash.com/what-is-ethereum-history-and-beginners-guide/">Ethereum</a> can cost hundreds of dollars. Furthermore, the team also <a href="https://spacebudz.medium.com/how-we-pulled-off-the-sale-9dbe54c30ba5" target="_blank" rel="nofollow noopener noreferrer">faced</a> the challenge to distribute more than 10,000 NFTs. They used the following solution:
(&hellip;) tokens can be created on the fly in a transaction and can be directly sent to the target address. The buyer himself was basically covering the minValue, when he made the payment.
The popularity of NFTs on Cardano is a<a href="https://www.crypto-news-flash.com/occam-finance-is-building-a-liquidity-bridge-between-ethereum-and-cardano/"> testament to the community&rsquo;s enthusiasm for accessing these assets</a>. Once the Plutus platform for smart contracts is deployed with the &ldquo;Alonzo&rdquo; hard fork combinator, the projects hope to add new features and grow a sector that is already in a mania phase.
		
		
		
				
				
				
					
				
	</div>

Crypto News Flash (EN)

NFT fever breaks out on Cardano, projects and sales explode

<div id="content"><div><div><div id="primary"><div><div><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zYjYzMTA2NGZhM2IzYjIyYmE4M2VmZDQxZGI0YjBmYS5qcGc=.jpg"><div a="">Despite not yet having functional smart contracts on the layer-one, intrepid Cardano developers have recently hacked together methods to mint bootleg nonfungible tokens. These experiments in hosting unique data on the blockchain are reminiscent of the pre ERC-721 standard era for Ethereum &mdash; and, what&rsquo;s more, so far they&rsquo;ve proven to be enormously popular with token drops routinely selling out.&nbsp;In a post on Reddit today, ADA Technology Management (ATM), a staking pool operator for Cardano, revealed what they claimed to be two NFT images they&rsquo;d minted on the chain. In the thread the company said they were planning to offer NFT minting as a service to pool delegators.The so-called NFTs come with a number of caveats, however. Because Cardano doesn&rsquo;t yet support smart contracts or have a NFT token standard, in order to create a NFT users mint a native token one-of-one native token.&ldquo;Tokens on Cardano are native and are on the same level as ADA. Instead of smart contracts, so called &ldquo;minting policies&rdquo; control the flow of a certain token group. NFTs are basically tokens on Cardano with a quantity of 1,&rdquo; explained Alessandro, the self-described &ldquo;brains&rdquo; behind SpaceBudz, a Cardano-native collectibles project and the author of a Cardano Improvement Proposal to establish a Cardano NFT metadata standard.<a rel="nofollow noopener" target="_blank" href="https://twitter.com/spacebudzNFT?ref_src=twsrc%5Etfw">@spacebudzNFT</a> sales are starting to get a little bit crazyBig shoutout to <a rel="nofollow noopener" target="_blank" href="https://twitter.com/StaleDev?ref_src=twsrc%5Etfw">@StaleDev</a> for making this bot! <a rel="nofollow noopener" target="_blank" href="https://t.co/UW7iwCUL6J">pic.twitter.com/UW7iwCUL6J</a>&mdash; NFT Room (@NFTRoom) <a rel="nofollow noopener" target="_blank" href="https://twitter.com/NFTRoom/status/1376883053969113098?ref_src=twsrc%5Etfw">March 30, 2021</a>Developers can then embed in the token metadata a link to an Arweave and/or InterPlanetary File System address where an image is stored. One example NFT shows that the &ldquo;metadata&rdquo; section of a mint transaction includes a link to a IPFS address which displays the associated SpaceBud. The end result is a wholly unique token permanently recorded and transferrable on the Cardano blockchain &mdash; a NFT by many, if not all, definitions.&nbsp;<h3>Thriving community</h3>Despite the extra hoops developers have to jump through to create them, the NFTs have proven to be enormously popular with users.&nbsp;According to Alessandro, SpaceBudz sold out all 10,000 NFTs in just three days at a price of 50 ADA per, and there&rsquo;s already an eager secondary market where especially rare SpaceBudz have sold for as high as $40,000.Even before SpaceBudz, CardanoKidz was working on Cardano-native NFTs as early as August 2020. Multiple pre-sale rounds sold out &ldquo;within hours of launch,&rdquo; according to Zac, a member of the CardanoKidz marketing team. One Satoshi-inspired Kid sold for 32,000 ADA even before the tokens were minted, and the NFTs themselves went live in late March.First Full Colour (FC) 001 minted. <a rel="nofollow noopener" target="_blank" href="https://twitter.com/IOHK_Charles?ref_src=twsrc%5Etfw">@IOHK_Charles</a> <a rel="nofollow noopener" target="_blank" href="https://t.co/FThPDvDNZX">pic.twitter.com/FThPDvDNZX</a>&mdash; CardanoKidz | Cardano NFTs (@CardanoKidz) <a rel="nofollow noopener" target="_blank" href="https://twitter.com/CardanoKidz/status/1377991643383660544?ref_src=twsrc%5Etfw">April 2, 2021</a>Zac credits tools like a community-developed token and minting policy tracker for helping to make developers&rsquo; lives easier. The official Cardano developers, IOHK, appear to be embracing the new vertical as well, as lead engineer Polina Vinogravoda gave a quick tutorial on minting NFTs on the chain on Tuesday.&nbsp;A host of other projects round out the upstart ecosystem, including CryptoPunk-inspired CardanoBits, and minting platform CNFT.&nbsp;While still rudimentary, the NFTs on Cardano are cheaper than those on Ethereum as well: minting a native token costs roughly 2 ADA, or $2.50.While the developers working in this nascent community have managed so far, ultimately they&rsquo;re excited for smart contracts to make their lives easier.&ldquo;We can&rsquo;t wait for smart contracts to arrive for more functionality but we had JUST enough tools and experience to make NFTs work on Cardano,&rdquo; said Zac. &ldquo;It&rsquo;s been an incredible journey so far.&rdquo;</div>Source: https://cointelegraph.com/news/wild-west-as-developers-macgyver-highly-popular-nfts-on-cardano</div></div><h2>Post navigation</h2></div></div></div></div>

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The first 8-bit pixel art collection on Cardano...

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