skip to content

Associated Press launching Its NFT Marketplace on Ethereum

on

|

views

and

comments

- Advertisement -
  • Associated Press has announced they’ll be launching soon the first NFT marketplace.

The Associated Press (AP) has developed a digital art NFT marketplace and is now making it available to collectors. With this platform, you will be able to trade tokenized photographs with anonymity—meaning you can trade digital photos without worrying about exposure.

The biggest development for the AP is that their NFT system will include digitized photos of space, climate, and war taken by AP photojournalists. Notably, Xooa will be one company that builds the marketplace needed to make the initial NFT drop.

Zach Danker-Feldman, Head of Marketplaces at Xooa, is pleased with this innovation. He has said he feels it will represent a powerful link between the virtual world and the real world.

Associated Press NFT Marketplace

Another exciting component of this launch is that users will be able to mint their NFTs on the Ethereum (ETH) and Polygon networks. Apart from that, the marketplace will support secondary transactions of debit card payments which helps boost demand for the token.

- Advertisement -

After its monumental innovation, AP is collaborating with crypto wallet giant Metamask and other major companies such as Binance, Fortmatic, and Coinbase to create the card.

More features have been announced including the ability to withdraw from other marketplaces, add social media capabilities to the platform, and provide new content concepts & off-chain benefits for NFT holders.

Once every two weeks, there will be a “Pulitzer Drop,” which will include Pulitzer Prize-winning photographs. Each NFT will include the photograph’s detailed metadata such as the time, date, location, equipment, and technical settings used for the photograph.

Also Read:

The Sandbox plans to Launch Metaverse Mega City with Hong Kong high-profiles

- Advertisement -

GameStop shares surge after announcing plans to enter NFT and Crypto space

Samsung Opens Virtual Reality Store in Decentraland

- Advertisement -
Share this
Tags

Must-read

0x ZRX White Paper

Hello and welcome to this blog post about 0x ZRX White Paper. I am very excited to know that you are interested in this...

0x ZRX

0x ZRX is an open-source protocol for powering decentralized exchange of tokens and assets issued on the Ethereum blockchain. https://www.youtube.com/watch?v=-UMhhM5z7cc Website ...

Recent articles

More like this

LEAVE A REPLY

Please enter your comment!
Please enter your name here