NFT Weekly Roundup: Polygon’s Sustainable Minting, Oscars NFTs, And, Yes, Poop Emoji NFTs – Bitcoin News

Bitcoin.com

As another busy week comes to an end, the NFT universe witnessed many new developments. From Polygon teaming up with leading brands to unique new collectibles up for grabs – here are the top NFT news bytes of the week.

Polygon to Offer A Sustainable Way of Minting NFTs

NFT creation platform Cent will integrate Polygon with its Valuables platform to offer sustainable minting solutions. The company is already using Polygon’s blockchain solutions to mint NFTs while lowering the environmental impact by 99%.

How To Get Free Crypto  

As of now, NFT transactions are processed via a Proof-of-Work (PoW) consensus mechanism, requiring the consumption of enormous computational resources to mine each transaction. However, Polygon changes this by utilizing plasma with its Proof-of-Stake (POS) sidechain called Matic POS, powering much higher speed and lower cost transactions.

Nomine(eth) Launches NFT For 2021 Oscar Nominees

Hollywood’s biggest award show, the 2021 Oscars, is just around the corner. To celebrate the milestone, Nomine(eth) has partnered with prominent artists such as Jack Butcher, Daniel Popper, Osinachi, Lirona, and Celebrity Chef, Rocco DiSpirito to drop exclusive NFTs for all 5 top awards categories.

Scheduled to be auctioned on Rarible, the drop also includes a unique tribute piece in honor of Chadwick Boseman. All proceeds from the tribute piece will be donated to the Colon Cancer Foundation. Additionally, each of the nominee’s names will be signed into the description of the NFT when minting, permanently recording their achievement in the 93rd Academy Awards.

Blockchain Investment Firm Hashed Invests in NFTbank.ai

Hashed, a leading blockchain-focused venture capital fund, has led the seed funding round of Contxts.io, the organization behind NFT portfolio management platform NFTbank.ai. Alongside other top VC firms, namely, Digital Currency Group and 1kx, Hashed’s investment pushed the total funding cap to $1.4 million.

Coinbase Banner  

NFTBbank.ai is integrated with numerous leading NFT marketplaces in the blockchain segment, providing in-depth tools for asset management. The platform also supports NFTs on the Ethereum and Polygon networks, allowing users access to numerous NFTs at once.

Cryptopoops Launches The World’s “Shittiest” NFTs

Most of the OG memes have already found their way into the NFT ecosystem. In keeping with the trend, Cryptopoops has officially launched the “poop emoji” NFTs in all shapes and sizes. Each Cryptopoop is unique and meticulously crafted from over 50 properties and millions of combinations.

A total of 6,006 Cryptopoops can be programmatically generated. An Ethereum smart contract assigns unique traits and a backstory for each Cryptopoop when it is minted on the blockchain. Traits will be stored in the ERC721 token itself, and owners will also receive a 1080p image stored on IPFS and be pinned to ensure extended durability.

With sustainable minting, Hollywood embrace and investment from a leading blockchain VC, are NFT finally gone mainstream? Let us know what you think in the comments section below.

FreeBitcoin Banner  
Tags in this story

Image Credits: Shutterstock, Pixabay, Wiki Commons, CryptoPoops, Nomine(eth)

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Go to Source
Author: Reuben Jackson


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.