Kakao’s Klaytn Blockchain Launches NFT Minting Service
- KrafterSpace will automatically create NFTs from uploaded images or video files.
- The service is supported by NFT marketplace OpenSea, enabling users to trade NFTs directly from their wallets.
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According to a Klaytn press release from 24 May, the KrafterSpace service will enable users to instantly mint an NFT on the Klaytn blockchain simply by uploading an image or a video file. The process will not incur any gas fees and users will be able to display their NFTs on the main page on the platform.
GroundX, a subsidiary of Kakao and the company behind Klaytn, said that KrafterSpace can be accessed through Kaikas, the web browser extension that connects to the Klaytn network. Users will be able to store NFTs within their Kaikas accounts.
The wallet has integrated with OpenSea, the industry’s largest NFT marketplace, enabling users to sync their OpenSea accounts with Kaikas and trade Klaytn-powered NFTs directly from their wallets. Klaytn is the first public blockchain platform after Ethereum to be supported by OpenSea, the company said in the release.
Jason Han, the CEO of Ground X, said that the platform will enable Klaytn users to interact with the larger NFT community worldwide.
- The Google Play store has changed its policy on digital assets, and will now allow developers to incorporate NFTs into their apps and games on the platform.
- Publishers will have to follow certain rules, however, such as maintaining transparency regarding the use of NFTs and not allowing gambling in their apps and games.
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- A collection of limited-edition Space Jam NFTs will launch on Nifty’s new social NFT platform.
- The company recently completed a $10 million seed funding round.
- ConsenSys will help Klaytn develop a private version of its blockchain to support Korea’s upcoming CBDC.
- ConsenSys previously worked with eight central banks on CBDC pilots.