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Project Audius announces full support for NFT tokens running on Solana

Posted on October 20, 2022 by admin

Project Audius announces full support for NFT tokens running on Solana

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Answer Project Audius announces full support for NFT tokens running on Solana

The blockchain-powered music-sharing and streaming project “Audius,” announced the integration of the non-fungible NFT tokens running on Solana on Thursday.

Solana NFT is natively supported on Audius.

The community has requested additional NFT support on their profiles, and it’s finally here. You can now view, filter, and sort all of your Solana NFT items right in your Collectibles tab! pic.twitter.com/nAd9svBpUH

– Audio 🎧 $AUDIO (AudioProject) September 2, 2021

The “Audius” platform will now enable 6 million users to view, filter and sort Solana’s SPL NFT along with Ethereum’s “ERC-20 NFT” such as CryptoPunks, Bored Ape, and others.

Read:Report: 8.3% of Ethereum supply is out of crypto exchanges

The integration will happen with the help of Solana’s multi-chain wallet and browser extension, “Phantom”.

These completely new features will be available for “Audius” profiles and accounts with more than 100 “AUDIO” native currencies of the platform at the moment.

Audius co-founder and CEO Ronel Rimburg is optimistic about Audius-Solana’s efforts.

Noting that the partnership will give Solana the possibility to discover more NFT, he added:

With the help of Audius’ integration with Phantom and Metaplex, it will be possible to support Solana while maintaining the usability for which Audius is known.

Audius launched the integration and support of NFT Solana after announcing the partnership with TikTok on August 16th.

The TikTok partnership allows Audius users to share songs directly on TikTok for the purpose of creating short videos.

It is worth noting that since the launch of TikTok in 2017, it has become one of the largest social media platforms in the world.

NFT Mania:

The obsession with non-fungible digital tokens (NFTs) has grown.

Justin Sun recently bought a picture of a rock and paid $500,000 for it.

Read:Long-term holders of Bitcoin start moving their coins and making profits…what does that mean?

The NFT space has generated quite a bit of speculative buzz about itself in the world of crypto and social media.

Recently, the popular NFT project, “CryptoPunks” broke through the $1.16 billion sales level ever and became the second project after “Axie Infinity” to achieve such huge sales.

According to CryptoSlam.io, sales of Axie Infinity are about $1.7 billion.

The growth of NFT on the Solana blockchain in recent times has significantly propelled the cryptocurrency to the seventh place in terms of market capitalization:

Read:SEC announces postponement of decision on Valkyrie’s Bitcoin ETF

Solana digital currency rises to a new record and becomes the seventh largest cryptocurrency

Besides, the project has also seen a massive inflow of capital from investors with plans to further develop the NFT market.

According to digital asset manager CoinShares, Solana recorded the largest capital inflow of $7.1 million in the previous week, which is more than the inflows that occurred in any other cryptocurrency during the same time period.

Read also:

Will Twitter integrate BTC as a payment method on its platform soon?

A real test of the ICP project after the launch of the first non-fungible “ICPunk NFT” tokens on its network


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