Stripe is the most recent firm to be highlighted in our ‘Latest Mint’ section, FTX is spending a few dollars in partnerships that span beyond sport, and we’re back with more affirmations that you should probably be zooming out. It’s all in a day’s work here at the Nightly mint. Let’s dive into some of the biggest stories surrounding NFTs from the past 24 hours.
Nightly Mint
Latest Mint: Stripe’s Support Of NFTs
Stripe co-founder John Collison tweeted today that the financial services firm would now be supporting businesses around “exchanges, on-ramps, wallets, and NFT marketplaces.” What does that fully entail?
Stripe now supports cryptocurrency businesses. This includes on-ramps wallets, exchanges and NFT markets. There are many more options than just paying in. https://t.co/3X173SkdPd
— John Collison (@collision) March 10, 2022
Although the scope of this support will not be fully determined until later, it is likely that NFTs will see substantial support. The formal announcement stated that Stripe will “help you launch your first NFT or crypto project fast, while fulfilling regulatory requirements, reducing fraud losses, and keeping sensitive data secure.”
Related Reading | How Secretum Plans To Take Over NFT Gaming
FTX's token, FTT (FTT), has been experimenting with price swings recently and is now beginning to consider music partnerships at a high level.Source: FTTUSDT on TradingView.com | Source: FTT-USDT on TradingView.com
FTX Enters Music Industry Through NFTs With Tomorrowland Festival
FTX has taken a big position in sports sponsorship over the past year or two, and now the growing exchange is expanding it’s focus to broader entertainment – securing a deal with massive Belgian electronic festival Tomorrowland.
The ‘Minty Fresh’ Take
There’s been chatter in CT around EtherRocks, and the fact that despite being not nearly as frequently mentioned as big projects (and not mentioned nearly as frequently as it used to be) – but yet, the floor price is still over $600M.
The NFT market’s attention span feels painfully short
— ?nathanhead.eth? (@NathanHeadPhoto) March 10, 2022
Similar Reading: Ethereum Crosses 5 Billion in ETH Burned as Momentum Picks up| Ethereum Crosses $5 Billion In ETH Burned As Momentum Picks Up
Featured Image from TradingView.com, Charts and Pexels Disclaimer: The author of this content has not been associated or affiliated to any of these parties. This content is not intended to be financial advice.
