$ADA: IOG and NMKR join forces to “drive widespread use of NFTs on Cardano”

Input Output Global (“IOG”), IOG, the company responsible for Cardano’s research and development, and pioneering Web3 infrastructure startup NMKR ($NMKR) announced a new collaboration to “drive awareness and use of NFTs.”

Let’s start with a brief history of NMKR.

It all started in April 2021 when Patrick Tobler (@Padierfind on Twitter), a computer science student from Stuttgart, Germany, launched a super simple tool to create your own non-fungible tokens (NFTs) on Cardano.

Last month, during an interview with Cryptonomist, Tobler explained why his NFT-focused startup had decided to rebrand from “NFT-MAKER” to NMKR:

NMKR (pronounced N Maker) is a strategic rebrand of NFT-MAKER to reach new target groups with NMKR products and provide improved experiences for users in the decentralized economy.

The transition to Web3 will require us not only to specialize in NFTs, but also to offer a variety of other blockchain ancillary matters for our clients. Our customers have been asking for more than just crypto collectibles – they want real accessories. The Web3 world is coming, and we are ready to support our customers in realizing their projects.

We will continue to mint NFTs the same way we did. But with recent technical capability advancements, we want to do more and help others realize their dreams of building blockchain products or services or integrating blockchain into their existing ones. We are on a mission to make decentralization even more usable. In the near future, we will tackle real problems with blockchain technology. We see the gaming space and beyond as an incredible opportunity to make a real contribution.

And this is what Tobler, who is the founder and CEO of NMKR, said about the company’s main product:

NMKR Studio (formerly NFT-MAKER PRO) at the core of NMKR products will provide user-friendly development APIs and no-code building blocks for modular development needs on multiple blockchains and support various Web3 use cases. In addition, NMKR Studio will be the backbone of our ecosystem products. We are confident that this will be a successful product to sustain other use cases because the underlying API technology of NMKR Studio has already minted over 1 million NFTs on Cardano.




Here are some interesting NMKR statistics:

At the moment, NMKR has the following six products and services:

In a blog post published yesterday, NMKR said NMKR has built “a Minting API for a new NFT ecosystem, with the goal of making it as easy as possible for anyone to create and engage with NFTs.” It went on to say that NMKR “provides the technology on the Cardano blockchain, provides coining services, white label NFT drops and also allows the migration and integration of NFTs and NFT-related services between Cardano and other distributed ledger technologies.”

It also mentioned that “the collaboration will see the integration of a new FIAT payment option created by NMKR, meaning users will be able to pay with traditional currencies as well as cryptocurrencies. This will enable anyone worldwide to participate in a NFT sales without needing a prior in-depth understanding of the crypto market.”

The NMKR chief had this to say about his regular collaboration with the IOG:

“We are excited to officially partner with Input Output Global. We believe their experience in building and deploying new blockchain capabilities will be invaluable in helping us achieve our goal of driving widespread adoption of NFT technology on Cardano.

And IOG co-founder and CEO Charles Hoskinson stated:

This is an important step for IOG and our mission to build a better tomorrow for everyone through technology. We are excited to work with NMKR as they develop an entire coinage and payment infrastructure ecosystem, making NFTs accessible to everyone.

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Featured image via Unsplash

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