Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Charles Hoskinson Unveils Plan To Push Cardano As Top NFT Platform

by Daily Hodl Staff
March 27, 2021
in Altcoins, Blockchain
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

Cardano creator Charles Hoskinson is revealing that the fifth-largest crypto asset is gearing up to become one of the best NFT (non-fungible token) platforms in the long term.

In a new Periscope stream, Hoskinson highlights that Cardano already has the technology that would enable the smart contract platform to make a big splash in the nascent sector.

ADVERTISEMENT

“What’s cool is that a lot of these problems about metadata, identity, authentication, problems about governance, we have native capabilities built into Cardano from Catalyst to our metadata standard, to how we handle native multi-assets that I think will make us, probably long term, one of the best platforms to issue, curate, and transfer, an NFT from one party to another party.”

True to Cardano’s philosophies, Hoskinson reveals that they plan to succeed in the NFT space by anticipating the trajectory of the business in the next decade and a half.

“If you actually look, it’s basically doing what I thought it would do just seeding all these experiments. For example, NFT marketplaces, there are six at this stage in Catalyst that are seeking funding to get started… But really, it’s more of a conversation of the crux of the business model. So where will NFTs be in five years, or 10 years, or 15 years? What will the dynamics of this marketplace be and what business model do we feel actually has the highest chance of success?”

In the short term, Hoskinson notes that they are starting to team up with the largest names in the NFT marketplace.

“That said, it’s easy to clone these protocols. It’s easy to partner with these. Just in NFTs, we’ve already approached several of the top 10 marketplaces and already begun discussions porting them over to Cardano because why not? It’s an easy conversation. It’s just engineering resources and we’re scaling up capacity there specifically for these types of relationships.”

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix
ADVERTISEMENT


Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Tithi Luadthong

Submit a Press Release

Crypto Livewire – Press Releases

  • Hord Announces Quadruple Token Sale via IEO and IDO
    April 22, 2021
  • BitMinutes Announces Partnership With GoodDollar, Embracing Opportunity for Social Good
    April 22, 2021
  • Bitsgap Launches Intuitive Combo AI Bot for Futures Trading
    April 21, 2021
  • eToro Adds Chainlink and Uniswap Amid Investor Surge for Crypto
    April 19, 2021
  • TeraBlock Secures $2.4 Million to Build a Newbie-Friendly Crypto Exchange Powered by Machine Learning
    April 19, 2021
  • BlockSwap Network Announces Balancer LBP and Uniswap LP Incentive
    April 19, 2021
  • Raze Network Completes Triple IDO and Balancer LBP Event
    April 19, 2021
Submit a Guest Post
ADVERTISEMENT
ADVERTISEMENT
Bitcoin
$54,263.00
$54,263.00
2.24%
Ethereum
$2,575.76
$2,575.76
6.54%
Binance Coin
$566.72
$566.72
1.51%
XRP
$1.36
$1.36
0.66%
Polkadot
$35.80
$35.80
0.66%
Cardano
$1.24
$1.24
0.31%

Spotlight

  • Bitcoin’s ‘Excessive Volatility’ Underscores Turkey’s Central Bank Ban on Crypto Payments
    April 18, 2021
  • It’s Dangerous To Be Short on Dogecoin, Says Galaxy Digital’s Mike Novogratz
    April 22, 2021
  • Mike Novogratz Issues XRP and Dogecoin Warning, Says Staggering Amount of Wealth Coming to Crypto
    April 16, 2021
  • Trader Ben Armstrong Is Buying Dogecoin and These Three Altcoins Amid Marketwide Pullback
    April 20, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX

© 2020 The Daily Hodl

×