Associated Press launching Its NFT Marketplace on Ethereum

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The Associated Press (AP) has developed a digital art NFT marketplace and is now making it available to collectors.

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With this platform, you will be able to trade tokenized photographs with anonymity—meaning you can trade digital photos without worrying about exposure.

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The biggest development for the AP is that their NFT system will include digitized photos of space, climate, and war taken by AP photojournalists.

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Notably, Xooa will be one company that builds the marketplace needed to make the initial NFT drop.

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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.

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Another exciting component of this launch is that users will be able to mint their NFTs on the Ethereum (ETH) and Polygon networks.

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Apart from that, the marketplace will support secondary transactions of debit card payments which helps boost demand for the token.

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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.

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More features have been announced including the ability to withdraw from other marketplaces.

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Add social media capabilities to the platform, and provide new content concepts & off-chain benefits for NFT holders.

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