A meme cryptocurrency developer has claimed to have coined the first NFT (non-fungible 'token') on the Dogecóin blockchain.
The author is a Twitter user known as 'Inevitable360', who posted a series of tweets explaining that it is the "first NFT ever coined on the Dogecoin blockchain."
Inevitable360 details that the process of elaboration of the non-fungible 'token' cost him 0.01 doges (about 0.0017 dollars). This represents enormous efficiency compared to minting an NFT on the Ethereum blockchain, where it can cost hundreds of dollars.
Support from other developers
Furthermore, the developer stated that it used the Sha-256 cryptographic hash functions to coin its NFT. The author of that mintage has received support from other developers, including dogecóin founder Billy Markus.
Dogecóin was created as a meme currency, but lately the developers are showing that their 'blockchain' can be used for other purposes as well.
On Tuesday, Tesla CEO Elon Musk announced that the auto company will begin experimental sales in dogecoines. As a consequence, the meme coin responded with rapid growth in value and approached the level of $ 0.20 per unit.
Dogecóin nft
dogecoin metaverse
Dogecoin Moon
dogecoin nft
Loading
Comments