Cardano-based JPG Store Opens Early Access for No-Code NFT Tool

JPG Store has announced a new tool for codeless NFT creation and minting.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Published:
Cardano based JPG Store nft clay mates.
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  • 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.

Sponsored

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.

JPG store 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

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

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Monique Brelage
Monique Brelage

Monique Brelage is a South African cryptocurrency news reporter at DailyCoin focused on the Cardano (ADA) and Solana (SOL) ecosystems. She aims to convert complex topics into digestible and engaging news pieces for readers of all knowledge levels.   Before her journey with DailyCoin, Monique has immersed herself in the realm of NFTs and Web 3.0 since 2019. Her experience in multiple industries enables her to conduct critical analyses and convert it into her writing. She acknowledges the profound impact decentralization, Web 3.0 technology, and everything beyond will have on the future.   Monique completed a Bachelor of Communication from NWU in 2020. Her background in media studies, creative writing, and philosophy helped shape her method of news curation, thereby ensuring a broader perspective to help readers remain critical of what they see. Monique's articulation, writing quality, and work ethic are professional qualities she takes pride in.   Monique lives on a farm in South Africa with her partner and cat. She works on her NFT and tattoo art in her free time, and enjoys the natural world around her. She likes reading material that broadens her perspective, indie music, and video games to blow off some steam.

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