COTI continues to be a key player in Cardano’s NFT auctions with an additional NFT auction. First used by Wolfram Alpha for their NFT auction, and now for Cardano-based NFT auction with rock n’ roll icon Billy F Gibbons of ZZ Top, as announced by Cardano.
In the past few weeks, we worked closely with Terra Virtua, the world’s first fully immersive social, digital collectibles platform, to enable payments in ADA on their platform. In order to participate, users will need to register on Terra Virtua and then place a bid in FIAT. Once the auction ends, the winner will be able to check out using FIAT or ADA via our ADA Pay system.
This partnership was made possible by the Cardano Foundation as part of Cardano’s NFT strategy. With the innovation that ADA Pay introduces, bidding and paying with ADA is now streamlined — opening up the opportunity to bring NFT to the mainstream in the form of NFT marketplaces and auctions.
All fees from ADA Pay will be streamlined to the Treasury as recently presented on COTI’s Growth Plan.
More details of Billy F Gibbon’s Jam Session can be found here
Rock n’ Roll!
The Auction started on September 25 and will end on September 26, in line with the Cardano Summit event.
Stay COTI!
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Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf
