NFT MAKER (NMKR), the first-ever public ‘Mint-on-Demand’ tool run on the Cardano (ADA) blockchain, has minted over 800,000 NFTs. The significant announcement was made by the NFT-making platform in a tweet on March 6:
CardanoPeakz, a crypto project that uses the platform to mint its NFTs, is one of the crypto projects using the platform to mint its NFTs, featuring digital collectibles that symbolize the world’s mountain peaks such as Mt. Everest, Nanga Parbat, and Denali. In response to the tweet, the project announced the addition of more NFTs.
NFT MAKER was created to make it easier for end-users, artists, and brands to get started with NFTs. To that purpose, it has developed a comprehensive set of onboarding, minting, and secondary market selling tools that users can use without any coding experience.
It’s worth noting that the news follows a trend of increased popularity for NFTs, despite the fact that they’re still in their infancy.
In 2021, there were 1,263 NFT-related trademark filings, a 421-fold increase from the three filings in 2020. Indeed, filings increased by 552.17% between August 2021 and January 2022.
Cardano’s scalability continually expanding capacity and throughput to handle the growth of the Decentralized App (dApp) ecosystem and onboard millions of new users, is one of the factors that make it one of the chosen platforms for NFT minting.
Cardano completed a major network update, including smart contract features, in September 2021, increasing the blockchain’s scalability and performance. It had accepted over 1,000 smart contracts and over 3 million new ADA wallets by the end of January 2022.
In January, the company announced a 12.5% increase in block size to 72KB, as well as other performance and scaling enhancements, such as the introduction of on-disk storage and improved block propagation times to at least 95%t of peers within five seconds by reducing the ‘dead time’ between blocks.
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