“NFTs we believe mark the beginning of widespread adoption of blockchain by end consumers,” remarked Dr. To date, NFTs were tied to the Ethereum blockchain, however, UnicoNFT is the first NFT marketplace to utilize Bitcoin and Bitcoin Latinum for NFT transactions, thereby opening more options and allowing everyone to participate in the NFT world. According to Decrypt, the NFT market produced 10.67 billion dollars worth of transaction volume in Q3 2021- eight times as much as the previous quarter, and up from $328 million in 2020.
NFTs use blockchain to record the ownership and provenance of digital items such as images, videos, collectibles, and even land in virtual worlds. The marketplace features an extensive array of collections, auctions, live actions, and many popular categories including entertainment, pop culture, gaming, influencers, and celebrities. In an effort to make an advancement in the latest NFT space, the platform has partnered with Unico to launch a decentralized NFT marketplace called UnicoNFT. Monsoon Blockchain, the blockchain development platform behind Bitcoin Latinum, has been trying to disrupt the crypto industry with innovative technological solutions. It will also solve the typical problems of using the Ethereum blockchain such as high fees and low transaction speed. This will open up new opportunities for people who want to own digital artwork or collectibles and also unlock the huge liquidity available in the whole crypto space.
Using patent-pending technology, Unico provides ways to purchase NFT using Bitcoin and Bitcoin Latinum. This is the world’s first platform that enables the option of buying, selling, and trading NFTs using cryptocurrencies other than Ethereum type currencies. Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, in partnership with Unico NFT, is launching an NFT marketplace that features thousands of digital artwork that can be bought and sold exclusively with Bitcoin (BTC) and Bitcoin Latinum (LTNM).
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