NFTpay Now Supports Algorand Blockchain• June 4, 2023 2:28 pm • Comments
It looks like Algorand has once again reached a new milestone as it was announced that NFTpay will now support the Algorand (ALGO) blockchain.
This is once again another use case that the Algorand ecosystem has acquired which will make its native token ALGO more valuable in the long term.
Now that NFTpay supports the Algorand blockchain, this means that it will be easy for Algorand to accept credit card payments for any NFT projects that are built on Algorand.
This means investors can now expect more NFT projects to be launched due to the easy of funding these projects.
Examples of projects that Algorand has already launch include Folks Finance, AlgoFi, LimeWire, Pera Wallet, and Prismatic.
HERE: NFTpay Streamlines Digital Art Trading through Partnership with Algorand Blockchain 📰 👇https://t.co/yGuxAQlibG
— BlockNews.com (@blocknewsdotcom) June 2, 2023
Now, NFTpay is making the process of building and launching projects on Algorand even easier through its NFT payments solution.
The spokesperson for NFTpay says, “We are pleased to announce that creators, entrepreneurs, and artists planning on launching their NFT projects on the Algorand platform can now use NFTpay’s seamless and hassle-free payment solutions to reach an even wider audience than before.
Algorand already has the trust of over 2000+ organizations worldwide that are working on exciting ventures to disrupt a range of industries.
With the Algorand integration, NFTpay is excited to be a part of the blockchain’s vision for an energy-efficient and sustainable future.” Find out more about their integration with Algorand by visiting https://nftpay.xyz/algorand/.
NFTpay has is also continuing to grow rapidly as a company due to the increased interest in NFTs which many believe will be a high growth potential market.
This means that there will be a larger customer base that Algorand can have access to as they may elect to fund Algorand NFT projects.
As a result, the blockchain will grow and become more popular which is needed to achieve more mainstream adoption.
NFTpay also happens to be a fast and very secure way for buyers to conduct their purchases as it combines traditional financial payment systems to the world of blockchain.
— 💰 Digital Asset Dude (@Ripple_X) May 31, 2023
Apart from making it extremely easy to buy and sell NFTs, NFTpay is also fast. Fiat onramps such as Coinbase prevent buyers from withdrawing ETH in time to use with Metamask. NFTpay sidesteps this requirement and has brought the nine-step, multi-day process to under a minute.
NFTpay’s infrastructure processes thousands of transactions a second, enabling creators to sell their collections in record time.
NFTpay also adds layers of security that assure buyers that their purchases are safe. All users are verified and NFTpay has taken care of all the legal legwork. NFT creators can put their trust in the company’s payment solutions and instead focus their efforts on building a strong and thriving community.
Nftpay has announced its integration with the algorand blockchain network. The partnership aims to streamline transactions for non-fungible token (nft) creators.
— Meriwether.BTC (🥃,🦉) (@0xSimon_BTC) June 4, 2023
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