SpaceBudZ Marks First NFT Sale Above $1 Million On Cardano Network
14 Octobre 2021 - 1:00AM
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NFTs have been live on the Cardano network for a while. Before
smart contracts capability had debuted on the network, users were
able to mint and sell NFTs without needing a smart contract
address. This has been one of the pulls towards the network and
users have taken full advantage of this capability to trade their
NFTs on the blockchain. However, compared to leading NFTs
blockchain Ethereum, Cardano NFT sales have been minute. Where the
Ethereum network has seen NFTs sold for as high as $69.3 million in
the case of Beeple, Cardano had yet to see its first million-dollar
sale. This is mostly due to the network rolling out NFT capability
later than Ethereum and having less interest from buyers. Related
Reading | Cardano Investors In Japan Come Under Fire For $6
Million In Underreported Taxes SpaceBudz Sells First Million-Dollar
NFT The NFT market on Cardano has boomed ever since smart contracts
capability was introduced on the blockchain. Although these smart
contracts are not required for minting NFTs, they brought more
users to the network, which, in turn, brought more interest into
NFTs minted on the platform. Various artists have released and sold
their NFTs on the blockchain, and now, SpaceBudz has successfully
recorded the first Cardano NFT sale above $1 million. ADA price
trading at $2.11 | Source: ADAUSD on TradingView.com SpaceBudz is
an NFT platform that is built on the Cardano blockchain. The
SpaceBudz consists of 10,000 unique NFTs which users can personally
own after they purchase it. The project broadcasts its sale on
Twitter via a bot that reports every listing and sale of a
SpaceBudz NFT. On Tuesday, the SpaceBudzBot account reported that
SpaceBud #9936 had been sold for 510,000 ADA. Going by ADA’s
current price of $2.11 at the time of this writing, the NFT sold
for $1,076,100. A record sale on the Cardano network. SOLD –
SpaceBud #9936 was bought for 510000 $ADA https://t.co/E3605AnMs0
#spacebudzsold pic.twitter.com/W6Jml5mbHt — SpaceBudzBot
(@spacebudzbot) October 12, 2021 Cardano Celebrates Ada Lovelace
Cardano’s native token ADA is named after one of the earliest
programmers on record. Ada Lovelace is one of the women who
pioneered software programming after the first computers were used
in the 1940s. Members of the community refer to themselves as
Lovelaces, an ode to the mathematician. IOHK joined the scientific
community in celebrating Ada Lovelace Day, which commemorates the
contributions and achievements of women in STEM fields. Today is
Ada Lovelace Day – celebrating one of the earliest tech pioneers
& programmers! It is an international celebration of the
achievements of women in science, technology, engineering &
math, to increase the profile of women in STEM #Cardano
https://t.co/bp1X6rC79z pic.twitter.com/tCgcvaoZHZ — Input Output
(@InputOutputHK) October 12, 2021 Related Reading | FTX CEO
Sam Bankman-Fried Reveals Reason Behind Billions Of Dollars Tether
Purchase Cardano Foundation has been making marked contributions to
innovation and growth in the science and technology sector, and
founder Charles Hoskinson is set to tour the continent of Africa as
the foundation invests in startups building on the blockchain in
the region. The Africa tour is scheduled to start in South Africa
but a departure time has not been announced yet. Featured image
from The Cryptonomist, chart from TradingView.com
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