Cardano IOG to Introduce New Fiat Payment Option Alongside Minting App for a New NFT Ecosystem

Blockchain Technology Provider NMKR Partners With Input Output Global to Promote NFT Adoption.

We are thrilled to announce our partnership with @InputOutputHK to drive widespread adoption of NFTs on #Cardano.

“This is an important step for IOG and our mission to build a better tomorrow for everyone through technology.”
–@IOHK_Charleshttps://t.co/y8PiZ20DU4

— NMKR – formerly NFT-MAKER.IO (@nmkr_io) August 15, 2022

Input-output media also shared the news:

?NEWS ALERT? We’ve collaborated with @nmkr_io to drive awareness & adoption of NFTs. This includes:

⭐Minting app for a new NFT ecosystem, making it easy for anyone to mint & engage with NFTs
⭐A new FIAT payment option, lettings users pay with traditional & crypto currencies

— Input Output Media (@IOHKMedia) August 15, 2022

Leading blockchain technology provider NMKR has signed a partnership with Input Output Global (IOG), the company behind the creation of the Cardano blockchain, to accelerate the adoption of non-fungible tokens (NFTs). 

According to the official announcement, the collaboration will allow NMKR to launch an innovation, particularly a minting API for the NFT community seeking to make it easy for anyone to engage with digital artworks. 

Actor and comedian Martin Lawrence has used the minting API to build and launch his first NFT collection on the Cardano blockchain.

“We are excited to be officially collaborating with Input Output Global. We believe their experience in building and deploying new blockchain capabilities will be invaluable in helping us achieve our goal of driving widespread adoption of NFT technology in Cardano,” says Patrick Tobler, the CEO of NMKR.

NMKR Introduces New Payment Technology

Per the announcement, NMKR will provide technology on the Cardano blockchain, minting services, white label NFT drops, and allow the migration and integration of NFTs and related services between the Cardano protocol and other blockchains. 

Under the partnership, the blockchain innovation provider will release a newly developed FIAT payment option that allows users to make payments with cryptocurrencies and fiat. 

The payment innovation aims to accelerate the adoption of the NFT ecosystem by offering users across the globe an opportunity to participate in NFT sales with zero crypto knowledge. 

Speaking on the latest development, Charles Hoskinson, the co-founder of Cardano, noted that the partnership aligns with its mission to build a better future by providing technology. 

“This is an important step for IOG, and our mission is to build a better tomorrow for everyone through technology. We are excited to be working with NMKR as they develop an entire minting and payment infrastructure ecosystem, making NFTs accessible for everyone,” he said.

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