First NFTs on Cardano? Here is Why It Matters

First NFTs on Cardano? Here is Why It Matters

(Twitter) One day after a successful activation of smart contracts functionality in mainnet, Cardano has now welcomed its first non-fungible tokens on the platform.

The three NFTs were demonstrated by software developer Kevin Hammond on Cardano via the Plutus script token factory. The tokens are dubbed “Kevin,” “Charles,” and “Tim.”

The tokens were minted on Cardano’s blocks 6236229, 6236236, 6236248, just after the activation of smart contracts functionality. The tokens are minted pursuant to CIP 721 Metadata Standard.

The tokens’ launch means that Cardano’s platform will become suitable for decentralized applications and decentralized financial protocols.

ADAUSD is down -7.32%.

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image