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January 04, 2022

Cryptocurrency Evolving using Advanced Technology, says Hiro Ando of Samurai Cats



NFTs and the crypto infrastructure have the potential to transform the finance and the digital economy.

What's making the crypto world boom of late? It's the cutting edge technology that is making it gain prominence on a global scale. NFTs have also become the top contender, with its popularity growing with each passing day. So, what's an NFT, and what's making it zoom ahead at a fast pace? An NFT is a record, typically on the Ethereum blockchain, that represents a piece of digital media which can be in the form of an image or text or a video. These were invented in 2014 and, by 2017, had gained immense prominence. Especially NFTs named Cryptokitties which comprised of collectables of digital cats which sold for thousands of dollars. However, the biggest boost came when Christie’s, an auction house, sold an NFT of a work by Beeple, a digital artist, for a whopping $69.3m, which was huge and grabbed enough eyeballs to bring it to the mainstream.



Today the total value of NFTs issued on the Ethereum blockchain is round $14.3bn, according to a research company, which is way ahead of the figure of $340m last year. According to findings, there are overall 11% of Americans who have purchased NFTs as they are of the strong opinion that the value might double up in the near future. The tokens have been expanding much beyond their usual selves and will be used in all sorts of activities in both the digital as well as real world's in coming times. Furthermore, NFTs have many other useful features as they are spread across an open blockchain system, and each of its transaction history can be viewed publicly which makes it possible to govern how they are bought or sold. Digital artists can claim their stake if the digital original gets sold. This is in fact a big boon for artists to take their craft to the next level.

The endless opportunities that NFTs offer prompted Japanese artist Hiro Ando to go ahead and make his artworks digital through Samurai Cats which is created by Crazy Noodles Studio, co-founded by the artist himself which has a talented team of ten who have created this amazing project which will be open for public on the 5th of January 2022. It consists of a collection of 4,747 Samurai Cats NFTs, unique digital collectables on the Ethereum blockchain. The Samurai Cats are assembled from over 300 layers, and hand-drawn by Ando himself. Each cat comes in a variety of outfits, faces and colors. Some of the NFTs are rare and open doors to special benefits and memberships like access to their upcoming Galerie Club in the metaverse, which are highly impressive. "I found this advanced technology bearing high potential and thought this was the right time to grab the opportunity and jump into it, after working with my team at Crazy Noodles, we came up with this project which would truly love up to people's expectations," concludes Hiro Ando, the name behind Samurai Cats.

To know more about Samurai Cats, log on to its official website www.samuraicats.io or connect to their Instagram on: www.instagram.com/samuraicats_by_hiroando.


 
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