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Martin Lawrence, a Hollywood actor, is developing a Cardano-powered NFT collection

Martin Lawrence, a Hollywood actor, is developing a Cardano-powered NFT collection

On Tuesday, June 7, Martin Lawrence, an American comedian and actor, announced his desire to join the Cardano ($ADA) community.

He made these comments during a Twitter Spaces discussion with Patrick Tobler, Founder and CEO of NFT-MAKER, and Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG,” formerly “IOHK”), the group in charge of Cardano’s research and development.

Lawrence got interested in cryptography when his team brought NFTs to his attention a few years ago.

Hoskinson He didn’t expect Cardano to be a major player in the NFT industry, at least not at first. It was a bit of a shock to all of us. They worked very hard to develop robust asset standards… they did not expect NFTs to be as large as they were, but it was totally driven by the community. As a result, all of these projects sprang out of nowhere, and NFTs are tied to around 40% of Cardano’s thousand-plus projects. Furthermore, over five million assets have been issued on Cardano, with a staggering transaction volume.

Over the previous three months, the average monthly sales volume has been roughly $270 million. So, although this was a pleasant surprise, it now makes perfect sense. When you examine the native asset standard, and the eUTXO model in particular, doing an airdrop, as well as issuing and managing the assets that are going through, is really straightforward and economical. So, in hindsight, it all makes sense,” he observed.

About Humano

He is a freelance writer based in Turkey. He loves NFTs, football, film and technology.

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