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.

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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
Fuku-Shiva
The term “Fuku” refers to fortune or good luck. “Shiva” refers to the Hindu deity who represents strongly polar qualities, both severe and delicate. On a beach inspired by adventures on Phi Phi island in Thailand, three youths cavort. Two are representational figures and the third is psychologically rendered. A dynamic relationship ensues between the triad; a reciprocity of active and passive states. The boy on the right engages in maneuvers of evasion, defense, and is dressed in a speedo which reiterates the colors and symbolism of the caution tape on the left and upper right frame of the composition. In concurrent reaction the psychedelic figure shoots out a rocket powered paper airplane. The nude boy seated in the froth and sand approaches in passive repose, and is met with active attention but equal physical reserve by the psychedelic being. Perhaps the most naked figure is also the least representational. Looming large, dynamic, and active, it engages its companions playfully. Various symbols interject into the otherwise naturalistic scene, most notably a beach ball and two contaminated barrels nested in the sand. The upright barrel reads “FukuShima” in Kanji. The barrel laying down reads “Dharma”. To the left the scene is bounded by caution tape, reiterating the danger of the nuclear waste while also hosting alien archetypes, whose presence, as is the nature of these entities, runs up and just behind the consciousness of the psychedelic figure’s eggshell-like skull.
Another Day In Paradise
Just as the book speaks to intelligence, the image in all its muteness speaks to the heart.
The River of Emeralds
Golden conditions at one of my favorite locations in the Rockies. The light, the colors, the textures; what more can you ask for? I just loved the way this river flowed into the sunset and the mountains in the background. It's rare you find a scene as perfect as this one. But when you do, you have to take advantage of it.
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By OthersideDeployer
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