WeTransfer Partners With Minima To Launch NFTs On The Network

Zinger Key Points
  • WeTransfer partners with Minima to launch NFTs on the network.
  • Minima coin allows for peer-to-peer transfers without third-party involvement.

WeTransfer, a digital file-sharing service, is teaming up with blockchain platform Minima for a non-fungible token (NFTs) initiative

The integration will allow users to create NFTs straight from their mobile devices, CoinDesk reported.

Layer 1 blockchain Minima is designed for mobile use and aims to be a fully decentralized network.

See Also: CoinDesk Parent DCG Sells Prized Crypto Funds At Steep Discount To Raise Capital

The blockchain utilizes the Minima coin as its currency for peer-to-peer transactions without the need for intermediaries.

The platform is set to go live globally in March and is currently in its testnet phase.

The partnership with WeTransfer offers users of the blockchain the opportunity to share their digital assets and collect revenue.

Minima CEO Hugo Feiler stated that this partnership will showcase the potential for wider adoption of NFT technology, not just within the crypto industry but beyond.

Several file-sharing services are exploring blockchain technology to enhance their offerings.

Google GOOGL recently launched its Ethereum ETH/USD based cloud-based blockchain node service while Amazon Web Services is working on building its Web 3 products by hiring staff.

Next: Dispute Over Sam Bankman-Fried's Bail Conditions Resolved Between Crypto Mogul And Prosecutors

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Posted In: CryptocurrencyNewsTop StoriesMarketsAmazon Web ServicesDigital file-sharingGoogleHugo FeilerMinimanon-fungible tokensWeTransfer
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