FTX founder and CEO Sam Bankman-Fried announced the addition of a new NFT minting feature on the main and US platforms.
All NFTs will be cross-chain ETH/SOL!
Deposits/withdrawals opening up in the next couple weeks.
You’ll also be able to deposit outside NFTs then!
— SBF (@SBF_FTX) September 6, 2021
By default, all NFTs will be cross-chain compatible with Ethereum and Solana. Deposits and withdrawals will open in a few weeks. Later, the ability to list external NFTs on the platform will be introduced.
Sam Bankman-Fried said that due to the enormous number of submissions, many of which were spam, the exchange has set a one-time NFT minting fee of $500.
1) Due to the massive number of submissions, too many of which were just a picture of a fish, we are now charging a one-time $500 fee to submit NFTs.
Hopefully this will reduce spam.https://t.co/46FabjTVfy
— SBF (@SBF_FTX) September 6, 2021
As an example, Bankman-Fried attached a test image he created. At the time of writing, the token had 19 bids, the maximum — $1100.
In August, the Dolphin Entertainment media company and the operator of the Bitcoin exchange FTX.US agreed to create an NFT marketplace to promote sports and entertainment brands.
Bankman-Fried expressed optimism and caution about the prospects for NFT development.
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