Categories: Crypto NewsNews

Cardano Adds Native CDN for Non-Fungible Tokens

Published by
Nonhlanhla

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.

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Nonhlanhla

Nonhlanhla P Dube is a senior news reporter. Nonhlanhla is a student of International Relations at the University of South Africa. She reports primarily on personal finance and economics. You can contact her on: Email: nonhlanhla@rateweb.co.za