Vodafone affirms gossipy tidbits about Cardano NFT plans
The telecom company’s German arm plans to use the Cardano blockchain for its first NFT collection.
Vodafone plans to release NFTs
On the company’s Discord channel, a representative stated:
“Yes, we are planning to release an NFT collection this year and want to utilise the Cardano chain for this.”
According to the representative, Vodafone Germany selected the Cardano (ADA) blockchain because of its “community, sustainability, and cross-chain possibilities.”
According to the representative, Vodafone’s plans are still in their infancy. He said that the organization has not concluded what utility and advantages the tokens will convey yet noticed that the initial 1,000 individuals from the Friction people group will get rewards.
He also mentioned that the project is currently limited to Vodafone Germany, but that the company is looking into ways to include members of the international community. The representative added that access will not be restricted by a “whitelist.”
The agent cautioned the public not to tap on any airdrop joins, which suggests that any tokens that seem, by all accounts, to be connected with the undertaking are deceitful.
On June 27, when Vodafone’s Twitter account linked to its Discord server in anticipation of its announcement, rumors about the company’s plans surfaced earlier.
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NFT plans present an opportunity for NMKR
Vodafone is the ninth-largest telecom company in the world. According to the company’s 2020 annual report, it generated $52.2 billion in revenue.
As a result, the project is a notable example of adoption and a chance for crypto industry players. Patrick Tobler, pioneer and Chief of the NFT creation stage NMKR, remarked on the news on June 28. He confirmed to CryptoSlate that Vodafone’s collection of NFTs will be mint by his company directly.
Additionally, CryptoSlate inquired with IOHK, the official development company for Cardano, to see if it was involved in the undertaking. At the time of publication, IOHK had not responded.
