The NFT Ecosystem CDN is now operational on Cardano

By June 19, 2022NFT
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Cardano hopes to improve the user experience, maintain growth and legitimacy, and ensure the scalability of its NFT platform with the help of NFTCDN.io.

The Cardano blockchain has welcomed NFTCDN.io, a Cardano-based NFT content delivery service.

The announcement was made via the project’s official Twitter account. NFTCDN.io focuses on three main features: ease of use, speed, and charge optimization.

The NFT CDN Project Has Been Launched On Cardano

Cardano hopes to improve the user experience, maintain growth and legitimacy, and ensure the scalability of its NFT platform with the help of NFTCDN.io.

When it comes to NFT protocols, the most difficult issue is usually bandwidth cost.

NFTCDN.io is on a mission to create and deploy a network for NFT marketplaces and other NFT-enabled goods that is akin to content delivery networks (or distribution networks).

In order to handle enormous quantities of bandwidth, the analog will divide up access points. As a result, the major bandwidth cost to the principal access point is reduced, resulting in cheaper prices.

This will aid Cardano’s NFT marketplace in achieving lower bandwidth costs, a faster decentralized network, improved security, and improved content delivery.

Hello and welcome to the revolution

All types of platform content storage are supported by NFTCDN.io services, including centralized (HTTPS, centralized cloud services), Web3-native (Arweave, IPFS), and on-chain storage (Base64-encoded).

JPEG, PNG, SVG, AVIF, ICO, HEIC, BMP, TIFF, and GIF are among the common image file types that will be available in the initial edition. The date for the release has been fixed for the end of 2022.

In the NFT industry, they are considered standard formats.

The latency of NFT-centric protocols will be reduced as a result of this adjustment. Incorporating Cardano’s NFTCDN.io will also enable a reduction in transactional costs as well as resource-related charges.

Unlike traditional CDNs, the NFTCDN.io network will allow users to alter and watermark photos before they are uploaded.

Cardano stays strong

No one anticipated Cardano could catch up to the hottest trend at the moment before the introduction of support for non-fungible tokens and the launch of the NFT marketplace.

The sleeping giant may be late to the party, but every move he has made has left the community in awe.

Despite the current crypto market recession, which has a huge impact on the NFT sector, Justin Williams, HIT Network VP of NFT Development, said in a statement that Cardano’s NFTs remain strong.

The majority of Ethereum blue-chip NFTs have lost their ETH value, but Cardano blue-chip #NFTs are holding relatively strong… Probably nothing.

Another wave of red has rocked the market as a whole. The most valuable NFT collections saw their prices plummet by a significant amount.

The price of Ethereum’s most well-known project, the Bored Ape Yacht Club, dipped below $100,000 for the first time in ten months.

Cardano has become a popular hangout for celebrities from the music and entertainment industries.

Snoop Dogg, the rap legend, released his first NFT collection on Cardano in April, in conjunction with Clay Nation.

Then, in June, American comedian and star Martin Lawrence released “Martin: The Reunion,” a Cardano-based NFT compilation.

Cardano’s ecosystem has been expanding and infiltrating emerging markets, particularly the NFT, since its inception in 2015.

The blockchain has numerous benefits, including scalability, sustainability, and interoperability, all of which are intended to overcome major difficulties with other blockchains.

Outstanding features

The amount of NFTs minted on the Cardano network has topped 800,000, according to NFT MAKER (NMKR), a Cardano-powered application that provides mint-on-demand NFT services.

More NFTs indicate that activity on the cryptocurrency’s network is increasing, as is the total value locked in the network’s DeFi.

Cardano’s NFT advances do not enthrall the community. However, the steady emergence of blue-chip businesses has demonstrated the blockchain’s infinite capabilities over time.

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