Business
BlockMint Announces Creation of NFT Digital Art Portfolio and Upcoming Release of Minter Browser with New NFT Feature
NFT art portfolio provides investors with exposure to new emerging crypto asset class. ...
About this update from Blockmint Technologies, Inc. Class A
[{"type":"text","content":"BlockMint Announces Creation of NFT Digital Art Portfolio and Upcoming Release of Minter Browser with New NFT FeatureNFT art portfolio provides investors with exposure to new emerging crypto asset class.Updated browser will allow users to exchange their earned cryptocurrency for ownership in NFTs.Company explores new NFT related products, creating pure NFT exposure for shareholders. Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - BlockMint Technologies Inc. (TSXV: BKMT) (\"BlockMint\" or the \"Company\") (www.blockmint.ai) is pleased to announce that it will soon release an upgraded version of its distributed crypto-miner browser \"Minter\", the current version of which is available to download at getminter.com. The upgraded version of the browser will incorporate a new feature which allows users to exchange their earned cryptocurrency for fractional ownership of a non-fungible token (NFT) digital image. In support of this new Minter feature, BlockMint will create and/or purchase a portfolio of NFT digital images to offer investors exposure to the dynamic and developing NFT market.BlockMint's CEO, Nelson Ijih commented: \"We designed Minter with the underlying philosophy that everyone should be able to participate in the crypto-economy. This new NFT feature will allow users to also participate in the exploding demand for NFT digital images and art. Users will be able to choose to either reduce their carbon footprint or participate in the rapidly emerging market for NFT images.\"A non-fungible token (NFT) is a unit of data on a blockchain where each NFT can represent a unique digital item and thus they are not interchangeable. NFTs can represent digital files such as art, audio, video, and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. Demand and interest in NFTs has exploded in recent months.Once released, the upgraded Minter browser will allow users to use their spare computing power to mine cryptocurrencies to earn either: (i) carbon credits to help offset their carbon footprint; or (ii) fractional interest in an NFT image. The browser has a user-friendly, built-in dashboard where a user can control the amount (if any) of computing power on his/her co...