The file sharing startup, WeTransferfounded in 2009, announced a partnership with the blockchain company Minima, signing its entry into NFT industry in the coming weeks. Both companies will deploy NFT on the Minima networkwhich is set to go live in March in 180 countries, offering creators rights management for their digital property. Thanks to the Minima cooperative technology, users will be able to create NFTs for peer-to-peer sharing, and creators will be able to earn royalties for their NFT inventions. The report.
What makes Minima different?
Everyone builds the chain
No reliance on fees
In Minima, every user is a constructing & validating node & there’s no central authority
Join the movement towards true decentralization
https://t.co/LBWQetJmdp
— Minima (@Minima_Global) February 5, 2023
WeTransfer’s partnership with Minima for NFTs
After the big brands like MasterCard And eBay who turned to NFT, WeTransfer partners with Minima to provide mobile solutions based on NFTs. The partnership between WeTransfer and Minima will allow blockchain users to “transfer their assets digital technologies and efficiently collect revenue“, according to a press release. This collaboration will explore the practical use of NFT technologywhich is of interest not only to the cryptographybut will be a test to demonstrate the potential for wider adoption of this innovative digital tool.
Furthermore, consumers will have the opportunity to generate NFTs from their phone or any other device. Additionally, they can also control how and with whom they share their digital assets, as well as tools to monetize these NFTs. Minima is defined as a blockchain of layer 1 native mobile. It uses a mechanism of consensus based on proof of work (PoW)which, according to its white paper, is specifically built around decentralizing energy use and removing big miners.
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