Bitcoin Latinum (LTNM), the insured and next-generation cryptocurrency, is rolling out an NFT market platform in partnership with Unico NFT. The NFT platform will feature an array of digital artwork that can be traded with Bitcoin Latinum (LTNM) and Bitcoin (BTC).
This will become the world’s first platform that allows you to buy, sell, and trade NFTs with cryptocurrencies apart from Ethereum-like currencies. Unico will leverage its patent-pending technology to provide different avenues to purchase NFT with Bitcoin Latinum and Bitcoin.
SEE ALSO: Etherium Blockchain Firm ConsenSys to Reach $3 Billion Valuation after Latest Fundraising Deal
New opportunities for users and more about the platform
The launch of this platform will pave the way for new opportunities for users who want to purchase digital collectibles and artwork. Besides, it will also make liquidity available in the entire cryptocurrency market. The platform will also address the existing challenges linked with Ethereum blockchains such as low transaction speed and high fees.
Monsoon Blockchain is the main blockchain development platform that has been trying to rough some feathers in the crypto space with new and innovative tech solutions.
In their quest to establish a solid footing in the crypto market, Monsoon Blockchain has joined hands with Unico to roll out a decentralized NFT marketplace called UnicoNFT. The platform features a wide range of auctions, collections, live actions, and several categories such as pop culture, influencers, gaming, entertainment, and more.
The platform has been developed as an open-architecture crypto technology. It is capable of handling large transactions, digital asset management, and cybersecurity. LTNM is a much faster, cleaner, and secure version of Bitcoin. In addition, it is also touted to revolutionize the face of digital transactions in the upcoming years.
Booming NFT market
Non-fungible tokens (NFTs) make use of blockchain technology to keep track of provenance and ownership of digital items such as collectibles, videos, images, and even land in virtual worlds.
As per Decrypt, the NFT market generated $10.67 billion in the third quarter of 2021 – an eight-fold increase from the previous quarter and a whopping rise from $328 million in 2020.
Up until now, NFTs are linked with the Ethereum blockchain. However, UnicoNFT is the first NFT platform where you can use Bitcoin and Bitcoin Latinum for NFT transactions. This provides more options and opportunities for people who are interested in NFTs.
More about Monsoon Blockchain Corporation
Monsoon Blockchain Corporation is a unique and innovative blockchain firm based in California. It was chosen as a founding partner by Bitcoin Latinum. The company is primarily focused on building cloud solutions across the blockchain ecosystem.
SEE ALSO: PayPal Introduces Cryptocurrency Service in the UK
Feature Image: Image by rawpixel.com