The Nightly Mint: Daily NFT Recap
11 March 2022 - 4:55PM
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Stripe is the most recent firm to be highlighted in our ‘Latest
Mint’ section, FTX is spending a few dollars in partnerships that
span beyond sport, and we’re back with more affirmations that you
should probably be zooming out. It’s all in a day’s work here at
the Nightly Mint. Let’s dive into some of the biggest stories
surrounding NFTs from the past 24 hours. The Nightly Mint Latest
Mint: Stripe’s Support Of NFTs Stripe co-founder John Collison
tweeted today that the financial services firm would now be
supporting businesses around “exchanges, on-ramps, wallets, and NFT
marketplaces.” What does that fully entail? Stripe now supports
crypto businesses: exchanges, on-ramps, wallets, and NFT
marketplaces. Not just pay-ins but payouts, KYC and identity
verification, fraud prevention, and lots more.
https://t.co/3X173SkdPd — John Collison (@collision) March 10, 2022
Full scope is still to be determined, even as it applies in the
short-term, but it looks like NFTs could see substantial support.
The formal announcement stated that Stripe will “help you launch
your first NFT or crypto project fast, while fulfilling regulatory
requirements, reducing fraud losses, and keeping sensitive data
secure.” Related Reading | How Secretum Plans To Take Over NFT
Gaming FTX's token (FTT) has run the gambit on price swings lately,
and is beginning to look at music partnerships at a major level for
the first time. | Source: FTT-USDT on TradingView.com FTX Enters
Music Industry With NFTs In Partnership With Tomorrowland Festival
FTX has taken a big position in sports sponsorship over the past
year or two, and now the growing exchange is expanding it’s focus
to broader entertainment – securing a deal with massive Belgian
electronic festival Tomorrowland. The ‘Minty Fresh’ Take There’s
been chatter in CT around EtherRocks, and the fact that despite
being not nearly as frequently mentioned as big projects (and not
mentioned nearly as frequently as it used to be) – but yet, the
floor price is still over $600M. The NFT market’s attention span
feels painfully short — 🏝nathanhead.eth🏝 (@NathanHeadPhoto) March
10, 2022 Related Reading | Ethereum Crosses $5 Billion In ETH
Burned As Momentum Picks Up Featured image from Pexels, Charts from
TradingView.com The writer of this content is not associated or
affiliated with any of the parties mentioned in this article. This
is not financial advice.
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