First NFTs Minted On Cardano Following Smart Contract Upgrade
After Cardano’s Alonzo upgrade went live, developer and Haskell expert, Kevin Hammond, revealed Cardano’s first 3 non-fungible tokens that were created using his own programmed smart contract on Cardano.
Mr. Hammond, who shared the information via his Twitter account, said that the first set of non-fungible tokens were minted and released on Cardano using the Plutus script token factory. Hammond included a link to the address where the tokens had been minted on Cardano alongside a short enthusiastic statement:
"We have programmatic minting!"
A short time after smart contracts were released on the blockchain, the tokens were minted on Cardano blocks 6236229, 6236236, and 6236248. According to the Cardano blockchain explorer, CardanoScan, apart from 4.13 ADA the added address contains 3 NFTs which have been named “Kevin”, “Charles”, and “Tim’ respectively.
What Does The Alonzo Hard Fork Mean For NFTs?
Whether Cardano did support NFTs before the hard fork has been questioned once in a rather hilarious Twitter exchange between founder Charles Hoskinson and finance rating provider Weiss Crypto. Weiss said the hard fork would “allegedly” bring smart contracts and NFT support to the blockchain causing Hoskinson to respond by asking “Wtf?” regarding his use of the word allegedly.
Twitter user Anthony Cardano then minted Weiss’ tweet on the Cardano blockchain, and added a photo of the NFT to the thread with the caption
“Are the CNFTs in the room with you now?”
While Cardano does support NFT transactions and NFT games, its recent smart contracts upgrade is not the only reason for its sudden NFT-compatibility. It was however a necessity for NFT’s realization on the Cardano network, given NFT transactions require use of escrow services between buyers and sellers.
What distinguishes the NFTs on Cardano from others according to Hammond? Cardano’s NFT support employs the Plutus core script which is a programming language marked similar to Huskell, a vital subset of the Haskell language.
The Cardano Foundation is very well deliberate about the NFT industry, and already stated its intent two months ago after it unveiled a curious NFT variant and innovation, “NFTAs”, also called Non-Fungible Tokens of Appreciation, which is expected to usher newer developers with no prior knowledge of NFTs and smart contracts into the NFT world.
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