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Vodafone confirms rumors of Cardano NFT plans

Vodafone confirms rumors of Cardano NFT plans

Vodafone Germany, a significant telecom firm, introduced plans to launch a collection of Cardano-based non-fungible tokens on June 28.

Vodafone plans to launch NFTs

On the corporate’s Discord channel, a consultant said:

“Sure, we’re planning to launch an NFT assortment this yr and need to utilise the Cardano chain for this.”

The consultant stated that Vodafone Germany selected the Cardano (ADA) blockchain because of its “neighborhood, sustainability, [and] cross-chain prospects.”

The consultant said that Vodafone’s plans are nonetheless within the early phases. He stated that the corporate has not determined what utility and advantages the tokens will carry however famous that the primary 1,000 members of the Discord neighborhood will obtain rewards.

He additionally instructed that the mission is proscribed to Vodafone Germany at current however famous that the corporate is exploring methods to incorporate worldwide neighborhood members. The consultant added that there will probably be no “whitelist” that restricts entry.

The consultant warned the general public to not click on on any airdrop hyperlinks, which means that any tokens that look like associated to the mission are fraudulent.

Rumors round Vodafone’s plans emerged earlier on June 27, when the corporate’s Twitter account linked to its Discord server in anticipation of its announcement.

NFT plans current a possibility for NMKR

Vodafone is the world’s ninth-largest telecom firm. The corporate introduced in $52.2 billion of income in 2020, based on its annual report from that yr.

As such, the mission is a notable instance of adoption, and it presents a possibility for members of the crypto business. Patrick Tobler, founder and CEO of the NFT creation platform NMKR, commented on the information on June 28. He confirmed to CryptoSlate that his firm will probably be immediately liable for minting NFTs in Vodafone’s assortment.

CryptoSlate additionally contacted Cardano’s official growth agency, IOHK, to find out whether or not it’s concerned within the mission. IOHK didn’t present a response by press time.

The submit Vodafone confirms rumors of Cardano NFT plans appeared first on CryptoSlate.

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