Site iconSite icon ForkLog

Brave’s Swag Store adds NFTs.

Brave’s Swag Store adds NFTs.

In the privacy-focused Brave browser’s Swag Store, alongside standard branded merchandise, NFTs have appeared.

The initiative broadens collaboration with Origin Protocol, which is developing the decentralized e-commerce platform Dshop built on Ethereum and the IPFS distributed file system. Swag Store accepts credit cards, Ethereum and Basic Attention Token (BAT).

The first batch of NFTs comprises 30 variations of tokens based on the three winners in the recent meme contest. In the coming three weeks, a highly limited set of non-fungible tokens from Brave and Origin designers will also appear.

“NFTs are more than digital art. They can also serve as digital representations of real goods and services. For example, premium-brand manufacturers could issue limited-edition NFTs that can later be exchanged for a real asset” — explained Matthew Liu, co-founder of Origin Protocol.

Data from Cryptoslam show growing popularity of non-fungible tokens among participants in the crypto space. In the last seven days, sales volume surpassed $50 million.

NFT as a new class of virtual assets: first look (part one)

Earlier, the British auction house Christie’s put an NFT up for auction for the first time. It is a digital copy of the work by the artist Mike Winkelmann, known as Beeple.

The creator of Litecoin, Charlie Lee, said that non-fungible tokens will devalue over time due to the ‘zero cost’ of their creation.

Subscribe to the ForkLog channel on YouTube!

Exit mobile version