The marketplace for nonfungible tokens, or NFTs, has grown exponentially all the arrangement thru the final year. Now, users of Audius shall be in a field to feature NFTs from the Solana ecosystem to boot to to Ethereum.
Blockchain-based mostly tune streaming platform Audius launched Thursday that it had launched plump Solana NFT integration, allowing its better than six million users to begin featuring digital collectibles from the Solana library.
The combination will happen thru Phantom, Solana’s multichain wallet and browser extension. The recent system shall be available to Audius’ silver tier profiles, accounts holding better than 100 of the platform’s native AUDIO tokens.
Roneil Rumburg, Audius’ co-founder and CEO, acknowledged the partnership provides Solana its first “NFT discovery layer,” including that:
“Tooling from Metaplex and the Audius integration with Phantom made it imaginable to ship Solana give a safe to whereas asserting the usability bar that Audius has become recognized for.”
As Cointelegraph reported, Metaplex is an NFT marketplace that launched in June on the Solana community. Several celebrities and firms endorsed it on the time.
Audius, meanwhile, has been in the headlines after it launched a brand recent partnership with TikTok, the widespread social media platform. The partnership permits Audius users to share songs straight away on TikTok for the intention of growing short videos. Since launching in 2017, TikTok has become regarded as one of the important field’s largest social media platforms, boasting nearly 1 billion monthly packed with life users.
NFTs safe permeated mainstream consciousness resulting from excessive-profile celeb endorsements, multi-million-dollar collections and a rising recognition that digital collectibles are the future. NFT sales reached $900 million in August on my own, easily shattering the previous monthly myth place in Also can at $255 million.
Investors are shelling out thousands and thousands of bucks on CryptoPunk NFTs and are even paying excessive six-resolve sums for pet rock collections centered around Ethereum. As Cointelegraph recently reported, this year’s iHeartRadio Song Festival in Las Vegas this year system an NFT giveaway.