Dominic Kimani
The famous computer software firm WeTransfer has announced its successful partnership with Minima, a Swiss blockchain firm, to allow its users to share and minimize non-fungible tokens on the Minima network.
WeTransfer Taps Minima To Let Users Share NFTs
In a February 7 announcement, the computer software firm confirmed integrating Minima to let its users share and monetize NFTs on the Minima chain. Minima is a new, highly awaited network anticipated to launch next month.
Founded in 2009, WeTransfer is an internet-based computer file transfer service company. The Netherlands-based computer firm is renowned for offering one of the simplest ways to send files around the world.
The computer software firm WeTransfer is one of the world’s largest file transfer services providers. In 2021, the company generated revenue of more than $77 million. It also saw more than 87 million monthly users. While commenting about the new integration, Damian Bradfield, the Chief Creative Officer at WeTransfer, remarked:
“WeTransfer is thrilled to work with Minima, whose vision is aligned strongly with ours to seamlessly connect people and facilitate innovation and creativity without sacrificing privacy.”
WeTranfer And Minima NFT Integration
Under the new integration, WeTransfer anticipates deploying non-fungible tokens on the highly awaited Minima blockchain, which is expected to go live in more than 180 countries. The new protocol will give creators rights to management for their NFTs.
Furthermore, the integration will allow consumers to generate NFTs from their mobile phones. The new protocol will also allow users to control how and with whom they share their digital assets and tools to monetize these NFTs.
According to its whitepaper, the Minima network will use Proof-of-work (PoW) consensus mechanism, similar to the mechanism applied by the flagship crypto Bitcoin. The new protocol will be able to hold large miners and spread their calculations across its network.
In related reports, the global fintech firm Mastercard inked a similar partnership with Ethereum scaling solution Polygon to allow digital artists to mint their own NFTs. The fintech firm announced its new crypto development in Las Vegas during the Consumer Electronic Show past weekend.
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This article was written for Business 2 Community by Dominic Kimani.
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