COTI announces its new partnership with NFT-MAKER, a Cardano-based NFT product ecosystem, to offer Djed on its NFT marketplace.
NFT-MAKER equips artists, creators, developers, and brands alike to efficiently create, manage and scale digital art. Through its NFT Marketplace, artists and NFT enthusiasts will be able to transact efficiently through a secure platform. By integrating Djed, users will utilize the stablecoin while transacting on NFT-MAKER’s platform and product ecosystem.
Djed, an algorithmic stablecoin that will be powered by COTI on the Cardano chain, will be released later this year. As COTI’s technical team continues to meet product milestones, innovative ways are being explored to ensure Djed’s full integration and utilization across the crypto ecosystem once launched.
COTI’s CEO Shahaf Bar-Geffen said: “We are happy to collaborate with NFT-MAKER to explore potential synergies for the good of the Cardano ecosystem. We see this partnership as a means to provide more options to NFT buyers and sellers by integrating Djed as a payment method. We look forward to working with the NFT-MAKER team on further integrations.”
Patrick Tobler, CEO and Founder of NFT-MAKER commented:
“The integration of Djed will provide our users with a highly valuable yet efficient and decentralized payment option. By using Djed to transact within our product ecosystem, users can pay for goods, services, or products with a stable cryptocurrency… Stay tuned.”
NFT-MAKER is the world’s leading brand to enable NFT minting on Cardano for a mainstream audience. The easily accessible interface and simple process provide a comprehensive digital art platform to mint, view, and trade NFTs. The platform operates on the Cardano blockchain, allowing the transaction fees to be as low as possible while having almost no environmental impact due to the Proof of Stake approach. The additional NFT-MAKER PRO service aims directly towards brands and companies to create a white label API solution by developing a branded NFT marketplace, trading platform, or launching a customized collection. NFT-MAKER has currently minted more than 800,000 NFTs.