Tatum, a blockchain development platform backed by Octopus Ventures, is thrilled to introduce NFT Express, a first-of-its-kind feature for creating NFTs.
As per the announcement, the NFT Express allows users to mint NFTs without using crypto to pay for transactions and the deployment of smart contracts. Through this feature, Tatum seeks to open doors for enterprises worldwide by eliminating the substantial overhead costs, security, and complexity associated with creating NFTs.
While commenting on the new feature, Jiri Kobelka, CEO of Tatum, explained:
“Customers have been approaching us saying they’ve tried everything possible to get their NFT marketplaces off the ground and are ready to call it quits. To pay for gas fees, they need to buy cryptocurrency at exchanges and face all sorts of regulatory hurdles. We knew there had to be a better way, so we put our heads together to come up with a solution.”
Notably, NFT Express is currently available to users with a paid Tatum plan. This allows users to instantly mint as many NFTs as they want on five different blockchains. These blockchains include Ethereum, Binance Smart Chain, Polygon, Celo, and Harmony blockchain networks. Tatum then proceeds to deduct the gas fees to mint NFTs from the user’s paid Tatum plan.
The design helps eliminate the need to purchase cryptocurrency on an exchange avoiding potential regulatory obstacles surrounding cryptocurrencies. The NFT Express also seeks to help companies implement NFT functionality into mobile apps allowing users to min NFTs from across the globe.
Jiri Kobelka further added:
“We realized we could completely eliminate most of the difficulties enterprises are facing and provide a simple, secure, and seamless NFT solution for whatever they wanted to create. Now, they don’t have to hire blockchain developers, and their gas fees are covered by their Tatum plans. We believe NFT Express will open doors for countless enterprises and developers alike, and we’re extremely excited to unveil it to the public.”
Tatum was created to save time and cost by reducing the complexity of blockchain development. The platform offers a unified framework for over 40 plus blockchain protocols. Since its launch, the platform has gained over 10 million users, processing billions of dollars worth of transactions per month. Last month, Tatum was ranked among the top five finalists in the TechCrunch Startup Battlefield. The platform also won the European Startup World Cup Finale about the same period.
