- JPG Store has announced a new tool for codeless NFT creation and minting.
- Cardano NFT sales volumes have increased by 18.88% over the past 24 hours.
- Interested NFT creators can apply for early access to the new JPG Studio tool.
The Cardano non-fungible token (CNFT) market has recorded increased sales volume over the past 24 hours.
Stepping into a ripe market, Cardano-based NFT marketplace JPG Store has announced its new tool called JPG Studio to facilitate the creation of unique NFT collections.
JPG Store invites interested NFT creators to apply for early access to test the new JPG Studio and experiment with the tool to see what they can create.
According to the introductory tweet about JPG Studio, the new tool will help NFT creators with features that factor out the need for coding skills.
Codeless NFT Creation
JPG Studio by JPG Store will allow NFT creators to upload and categorize unique traits for their digital artworks and create relationships and rules for the combinations they prefer.
Furthermore, NFT creators can automatically generate standardized metadata with InterPlanetary File System (IPFS) hosting based on the digital images created.
The cherry on top will be that NFT creators can mint the NFTs created directly on JPG Store in one click, and the tool will automatically set up a collection page where the community can view and browse the new NFTs.
Source: JPG Store
JPG Store is rolling out the beta testing for the new JPG Studio tool and has provided creators with a video tutorial to take them through the process of codeless NFT creation.
A Vibrant CNFT Ecosystem
On March 6th, 2023, Cardano (ADA) founder Charles Hoskinson participated in a live stream alongside Input Output Global (IOG) President Tamara Haassen, wherein the CNFT market was also discussed.
Hoskinson mentioned that NFTs are the “most vibrant” part of Cardano at present and further stated that some eight million assets have been issued on the ecosystem that are “in some way NFT-related.”
Further attesting to the vibrancy of the CNFT scene, the Cardano NFT market has recorded an 18.88% increase in sales volume over the past 24 hours, locking in over $228, 000 USD from March 7th to March 8th, according to data from CryptoSlam.
On the Flipside
- The price of Cardano’s native cryptocurrency remains in the doldrums, with ADA trading at $0.32 at the time of writing.
- The Cardano blockchain currently claims the #6 rank by NFT sales volume.
Why You Should Care
Cardano (ADA) is branching out to numerous facets of the Web 3.0 space, including decentralized finance (DeFi), decentralized applications (dApps), and the NFT space. As projects based on the Cardano blockchain continue to evolve, the growth propels the ecosystem.
Read more about the Cardano non-fungible token (CNFT) ecosystem:
Cardano (ADA) Founder Raves About CNFTs & 8 Million Assets
Read more about Cardano’s DEX scene:
Aada Finance Doubles TVL: $1.7M Cardano (ADA) Ecosystem