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Bitcoin Latinum Launches World’s First Bitcoin Enabled NFT Platform

 In partnership with Unico NFT

PALO ALTO, Calif., Nov. 27, 2021 (GLOBE NEWSWIRE) — Bitcoin Latinum (LTNM), the following era, insured, asset-backed cryptocurrency, in partnership with Unico NFT, is launching an NFT market that options hundreds of digital art work that may be purchased and bought solely with Bitcoin (BTC) and Bitcoin Latinum (LTNM). That is the world’s first platform that permits the choice of shopping for, promoting and buying and selling NFTs utilizing cryptocurrencies aside from Ethereum sort currencies. Utilizing a patent pending know-how, Unico gives methods to buy NFT utilizing Bitcoin and Bitcoin Latinum.

This may open up new alternatives for individuals who wish to personal digital art work or collectibles and in addition unlocks the massive liquidity accessible in the entire crypto house. It’s going to additionally clear up the everyday issues of utilizing the Ethereum blockchain similar to excessive charges and low transaction velocity.

Monsoon Blockchain, the blockchain improvement platform behind Bitcoin Latinum, has been attempting to disrupt the crypto trade with progressive technological options. In an effort to make an development within the newest NFT house, the platform has partnered with Unico to launch a decentralized NFT market referred to as UnicoNFT. {The marketplace} options an in depth array of collections, auctions, dwell actions, and lots of fashionable classes together with leisure, popular culture, gaming, influencers, and celebrities.

NFTs use blockchain to document the possession and provenance of digital gadgets similar to photographs, movies, collectibles and even land in digital worlds. In line with Decrypt, the NFT market produced 10.67 billion dollars-worth of transaction quantity in Q3 2021- eight occasions as a lot because the earlier quarter, and up from $328 million in 2020. Thus far, NFTs had been tied to the Ethereum blockchain, nevertheless UnicoNFT is the primary NFT market to make the most of Bitcoin and Bitcoin Latinum for NFT transactions, thereby opening extra choices and permitting everybody to take part within the NFT world.

“NFTs we consider mark the start of widespread adoption of blockchain by finish shoppers” remarked Dr. Donald Basile (CEO of Monsoon Blockchain Company), including that “we count on 5-10x the variety of shoppers at present concerned in digital property to undertake them over the following 24 months.”

Bitcoin Latinum was constructed as an open-architecture cryptocurrency know-how, able to dealing with massive transaction quantity, cybersecurity, and digital asset administration. Primarily based on the Bitcoin ecosystem, Bitcoin Latinum was developed by Monsoon Blockchain Company on behalf of the Bitcoin Latinum Basis. LTNM is a greener, sooner, and safer model of Bitcoin, and is poised to revolutionize digital transactions.

In contrast to different crypto property, LTNM is insured, and backed by real-world and digital property. Its asset backing is held in a fund mannequin, in order that base asset worth will increase over time. It accelerates this asset-backed funds progress by depositing 80% of the transaction charge again into the asset fund that backs the forex. Thus, the extra Bitcoin Latinum is adopted, the sooner its asset funds develop, making a self-inflating forex.

Bitcoin Latinum at present trades publicly on HitBTC(the fifth largest alternate by quantity at $4 billion), FMFW.io (previously Bitcoin.com Change and working with $3.3 billion in every day buying and selling quantity), AAX Change ($1.3 billion in every day quantity), LBank Change($1.35 billion in every day quantity), Hotbit and DigiFinex. Monsoon Blockchain, Bitcoin Latinum’s lead developer, has introduced plans for Bitcoin Latinum to formally checklist in 4 extra exchanges together with Bitmart ($1.6 billion in every day quantity), Changelly, XT.com and Changelly Professional by the tip of 2021.

Monsoon Blockchain Company, an progressive blockchain firm primarily based in Palo Alto, California, was chosen by Bitcoin Latinum as its basis associate. Monsoon is targeted on progressive cloud options within the blockchain ecosystem, leveraging the most recent blockchain know-how to develop highly effective enterprise options that enable the profitable digitization of and itemizing of property throughout a wide range of industries, together with monetary companies, telecommunications, and media and leisure. Dr. Donald Basile, Monsoon’s CEO and founder, is the previous CEO of Fusion IO, an organization recognized for taking part in a serious function in implementing the cloud methods at Apple and Fb in addition to partnerships with HP, IBM, and Dell.

For extra details about Bitcoin Latinum, please go to https://bitcoinlatinum.com

For extra details about Monsoon Blockchain Company, please go to https://monsoonblockchaincorporation.com

Media contact

Model: Bitcoin Latinum

Contact: Kai Okada, Director of Communications

E-mail: [email protected]

Web site: https://bitcoinlatinum.com/

Handle: 2100 Geng Street, Palo Alto, California 94303, USA

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