Advertisement
AD

Main navigation

Advertisement
AD

Cardano (ADA) Welcomes First NFTs After Smart Contracts Release

By Vladislav Sopov
Mon, 13/09/2021 - 10:14
Advertisement
Cardano (ADA) Welcomes First NFTs After Smart Contracts Release
Cover image via stock.adobe.com
Read U.TODAY on
Google News
Advertisement

Mr. Hammond, an expert in the Haskell programming language utilized in Cardano's (ADA) architecture, displayed three non-fungible tokens created with a novel instrument.

Pioneering "programmatic minting" on Cardano (ADA)

According to Mr. Hammond, a first clutch of non-fungible tokens is released on Cardano (ADA) via Plutus script token factory.

To display the newly minted tokens, Mr. Hammond shared the link to the corresponding address on Cardano (ADA).

Advertisement

As per the Cardanoscan explorer, besides 4.13 ADA, the aforementioned address holds three tokens dubbed "Kevin," "Charles" and "Tim."

These tokens were minted on Cardano on blocks 6236229, 6236236, 6236248, i.e., right after the activation of smart contracts functionality.

What is special about NFTs on Cardano (ADA)?

Cardano's Plutus is a scripting programming language similar to Haskell: the Haskell compiler plugin creates Plutus Core scripts.
Cardano has already witnessed some eccentric NFT-centric initiatives.

As covered by U.Today previously, Cardano (ADA) pioneers the concept of NFTAs, "non-fungible tokens of appreciation." These tokens are minted pursuant to CIP 721 Metadata Standard, i.e., they are similar to ADA.

Related

Yesterday, Cardano (ADA) activated smart contracts functionality in mainnet. As such, the platform becomes suitable for decentralized applications and decentralized financial protocols.

Related articles

Advertisement
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD