Quick Summary
- Tatum is an NFT/blockchain platform providing a framework for over 40 blockchain algorithms and thousands of digital assets. Their tool “NFT Specific” will open doors for many businesses and developers.
Recently, a blockchain data platform Chainalysis presented that users transferred more than $40 billion in cryptocurrency to Ethereum’s (ETH) non-fungible token (NFT) contracts in 2021. While this demonstrates a rapid advancement of NFTs, there are still many difficulties in the case of releasing new tokens, and one startup is tackling this disadvantage by handling all of the behind-the-scenes activities.
related: Beeple & His Latest NFT Artworks
Minting NFTs Conveniently
Tatum users can create unlimited tokens without making any crypto investments. The feature is ideal for small businesses and individuals who want to take advantage of the NFT trend but don’t know where to begin or wish to avoid the challenges connected with NFT creation.
It is also appropriate for larger organizations that want to mint NFTs at scale across many blockchains, allowing them to instantaneously mint as many NFTs as they want without worrying about storing sufficient amounts of crypto on each blockchain.
Jiri Kobelka, Tatum CEO demonstrates their skill in developing the function:
“We realized we could eliminate many of the issues that businesses face and provide a simple and secure NFT solution for whatever they wanted to produce”. They no longer need to hire blockchain developers, and their Tatum plans cover their fuel costs. We believe NFT Specific will open doors for many businesses and developers, and we’re eager to share it with the world.”
NFT Specific minimizes the time to market, costs, safety, and regulatory issues commonly associated with the development of NFT apps. During the last few months, NFTs have tremendously shown their growth that, given the revolutionary potential for a wide range of industries, from digital art to supply networks, most analysts believe the movement is here to stay.
About Tatum
Tatum is a blockchain platform that helps developers conserve time and money by providing a framework for over 40 blockchain algorithms and thousands of digital assets. Over the preceding year, its consumer base grew from 4,000 to over 18,000 builders. It currently hosts over 1,000 NFT marketplaces.
Follow Tatum: Website | Twitter | Discord | Telegram
Conclusion
While the rapid growth of the NFT market has encouraged the development of more user-friendly processes to assist onboard a more comprehensive range of clients who aren’t necessarily tech-savvy, minting these tokens remains a challenge for the uninitiated. For example, on ETH, where the majority of NFTs are formed, clients must first keep Ether in their digital wallets to be able to pay fuel charges. That could change with Tatum forever.
more to read
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NFT World News Social Media: Twitter, Instagram, Telegram, Tiktok, Youtube
sources: profitfromnft, cointelegraph
author: Rene Remsik
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
