14/07/2021 IOTA Launches Affordable NFT Marketplace on IOTA 2.0 DevNet

IOTA today launched its new NFT marketplace on IOTA 2.0 DevNet. Called IOTA NFT marketplace, this new launch is all set to change how NFTs are perceived in the market today. One of the prominent highlights of this new protocol is its feeless feature which is sure to revolutionize the way NFTs will be traded in the future. The network also claims that this unique NFT marketplace will also address the specific limitations related to the existing operational and functional procedures of NFTs.

It is beyond any doubt that NFTs have been able to occupy a distinct place in investors’ minds in recent years. Even the people who are not very well-versed with the cryptocurrency domain find NFTs an attractive option to have extra income from their artistic abilities. NFTs are tokens minted on blockchain and represent the digital form of art.

 

There is virtually no limitation when it comes to deciding what could be termed as NFT. Both tangible and intangible pieces can be converted into NFTs. Some prominent categories where this new form of digital asset is finding relevance include music, podcasts, paintings, antique jewelry, etc. It’s important to note that at any particular period, only one person can own NFT, and the ownership can be changed only when it is transferred to another buyer.

Launching the new NFT marketplace, IOTA has made sure that the NFTs come within the accessibility scope of the general public. Specifically, the segment’s costly nature keeps many new prospects from taking a plunge into the domain. By offering the very affordable and cost-effective option to buyers, IOTA has ensured that the masses will get access to NFTs without cost coming across as a deterrent. It would be interesting to witness the people’s response to this new launch and whether IOTA can garner support from the masses on its innovation. The IOTA forecast will also get impacted by this new launch and is expected to gain good momentum in adding value to its platform in the coming months.

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
Arts

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Interesting NFTs
Poem by Sangi Hitoshi, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse
Katsushika Hokusai (1760-1849) Poem by Sangi Hitoshi, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse late 1830s - Japan
Domestic - 2017
“Domestic is the manifestation of the cultural patriarchy in my home. The wooden "woman's" tragedy of false desire. It was done in a moment of breakup. The hollow 3d body & its lost eyes, invites you to fill up. Trying to reach out, encumbered and wrapped in its own fragility, the new mother rises."
The Rabble
The Rabble on the TV.
Who is Satoshi Nakamoto?
"Who is Satoshi Nakamoto?" is dedicated to the mysterious creation of Bitcoin, and acts as the showcase artwork within Javier Arrés’ exploratory series "Bitcoin, The Origin". "Who is the creator of Bitcoin?" The artist, Arrés, explores this question, and the feelings of doubt and mystery that accompany it, through his unique artistic language. An unknown, an enigma. It should be remembered that the name Satoshi Nakamoto is a pseudonym of Bitcoin's author or authors and gives us little insight into its true creator. For this Visual Toy, Arrés uses the signature claw machine, his famous half-operation, to symbolize our collective ignorance and unconfirmed belief: As soon as it has the stuffed animal within its grasp and appears to have solved the puzzle, the animal escapes again, and again. At present, there are three more public and studied possibilities who are either believed to be the creators of the currency or who directly claim the creation of it. It may be all or none of them, yet these three personalities leave us clues which are an important part of this interesting enigma. For this moment, it will remain unknown... In this artwork, Arrés elevates the claw machine from the apparatus, to an iconic pop art object serving as an important element to the Bitcoin creation narrative. Action is everywhere, with each movement serving an iconographical or metaphorical purpose related directly to cryptocurrency: Various ups and downs, roller coasters, mining points, robot, coins and more speak to a sense of hope, risk, mystery, randomness and possibility of pay out. Hundreds of manically thought out details make this creation one of the artist’s most complex Visual Toys to date. ------- "Bitcoin, The Origin" is a set of two Visual Toys, titled "Who is Satoshi Nakamoto" and "It’s Alive!" which reflect and explore the mystery and enigmas behind the creation of Bitcoin. Arrés presents these proposals to us in his signature style, full of iconography, fantasy, maniacal animations and a panoply of details (both subtle and overt) which simultaneously fascinate, hypnotize, and narrate this historical milestone through the singular vision of the artist. Through this series, Arrés freezes a crucial moment of cryptocurrency history, taking a still photo under his vision and turning it into two unique crypto artworks. ---- More info about Javier Arrés: https://javierarres.com/about.html
CryptoKitties
Yo! I'm Kitty #449321. In high school, I was voted most likely to work at NASA. Sometimes I daydream of a life full of tripping my owner, ice cream, and swiping right. We can be friends, but keep the ultra purrsonal stuff to yourself, please.