Cardano Adds Native CDN for Non-Fungible Tokens

Cardano (ADA), the world’s largest Proof-of-Stake (PoS) network, is expanding its dApps ecosystem with an emphasis on NFT products.
NFTCDN.io, a new service, will use the Cardano (ADA) blockchain to alleviate major data transfer constraints in the non-fungible tokens (NFTs) segment.

Cardano now supports the NFTCDN.io protocol

The platform becomes live to advance and optimize data transfer in the NFT segment, according to a statement issued by the NFTCDN.io team on its social media channels. NFTCDN.io is creating a content delivery network (CDN) for NFT marketplaces, wallets, on-chain games with integrated NFTs, and other applications.

The product’s technical focus is on improving content logistics between content storage (videos, images, audio files, and documents), metadata storage, and Web3 services linked with the material.

NFTCDN.io supports all content storage platforms and methodologies, including centralized (HTTPS, centralized cloud services), Web3-native (Arweave, IPFS), and on-chain (Base64-encoded).

The first release is scheduled for the end of 2022

The platform is scheduled to support numerous types of image files (JPEG, PNG, SVG, AVIF, ICO, HEIC, BMP, TIFF, and GIF) in its first releases, which are expected by the end of the year.

As a result, the latency of NFT-centric protocols will be lowered. Additionally, the integration of Cardano-based NFTCDN.io will be able to cut transactional costs as well as resource expenses.

Unlike traditional CDNs, the NFTCDN.io platform will be able to edit and watermark uploaded photos.

Quick Poll

Related

Rateweb

South Africa’s primary source of financial tools and information

Contact Us

admin@rateweb.co.za

Disclaimer

Rateweb strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

Rateweb is not a financial service provider and should in no way be seen as one. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles.