New feature allows enterprises mint NFTs with minimal coding
Recent Chainalysis data showed that users moved over $40 billion worth of crypto to Ethereum’s nonfungible token (NFT) smart contracts in 2021. While this reflects the rapid growth of NFTs, there are still many obstacles when it comes to minting these tokens, and one startup is addressing this problem by doing all the behind-scene processes.
NFTs have been all the rage during the last few months, and most experts agree that the trend is here to stay given the transformative potential for a lot of industries, from digital art to supply chains.
While the rapid growth of the nonfungible market has fostered the development of more intuitive processes to help onboard a wider range of users that are not necessarily tech-savvy, minting these tokens is still a headache for the uninitiated. For example, on Ethereum (ETH), where most NFTs are created, users have to first hold Ether in their digital wallets and be ready to pay gas fees.
Thankfully, most challenging processes in the tech realm quickly find shortcuts nowadays, and Tatum is offering one for NFT creation. Tatum – a fast-growing platform that reduces the complexity of blockchain development – has recently launched NFT Express, a unique feature that enables developers and enterprises to mint NFTs without coding or deploying smart contracts. Users don’t have to go through the initial step of buying crypto for the gas fees.
The feature is available for users with a paid Tatum plan and allows them to mint as many NFTs as they like. Currently, NFT Express is compatible with five blockchains: Ethereum, Polygon (MATIC), Binance Smart Chain (BSC), Celo (CELO) and Harmony (ONE). With a simple API call, the NFT is minted within seconds, and with the gas fees being paid from the
Read more on cointelegraph.com
