Latest NFT News

Latinum to Launch World’s First Bitcoin-Enabled NFT Marketplace


Bitcoin Latinum is poised to launch the first NFT marketplace running on the Bitcoin network. Titled “Unico NFT,” the plan is to usher in a new chapter of the NFT chronicles.

Latinum is a subsidiary of the wider Monsoon blockchain, and what they have developed is an insured, asset-backed, next-gen cryptocurrency. Through this, they have developed what is essentially a layer 2 solution running parallel to the Bitcoin network. And consequently, have built a marketplace that accepts payment in both $BTC and $LTNM, the Latinum native currency.

They believe this new innovation will unlock the liquidity stored in Bitcoin, and supercharge the NFT industry. Bitcoin Latinum itself runs on an energy efficient proof-of-stake algorithm, benefiting from fast transactions and low fees. However, these benefits will only apply to payments in $LTNM, while $BTC transactions will be comparatively expensive and slow.

For the initial launch, Latinum promises thousands of NFTs featuring a wide range of non-fungible delights. Therefore, all the traditional collectibles, artworks, and gaming assets will be available at inception. In addition, Latinum has pledged to reinvest 80% of all profits through the Unico NFT platform, thereby providing sustained growth for the $LTNM token.

Going forward, Unico NFT intends to become fully chain-agnostic, with plans in motion to also bring Binance Smart Chain, Ethereum and Polygon into the fold.

Check out Unico NFT >> Here

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

Source link

Leave A Reply

Your email address will not be published.