Cryptocurrency firm Tantum has launched a feature that enables developers and companies to create NFTs without coding or deploying smart contracts.
The feature, dubbed NFT Express, is supported on five protocols, including Ethereum, Binance Smart Chain, Polygon, Celo, and Harmony.
NFT Express can generate an unlimited amount of NFTs almost instantly, where the gas fees are included in the monthly credit allocation in the Tatum plan.
Tatum CEO and co-founder Jiri Kobelka says that the goal of the firm is to remove obstacles faced by enterprises in trying to mint NFTs. He notes that the firm would not have to hire developers with the new feature.
Data from Chainalysis shows that users transferred more than $40 billion worth of cryptocurrencies to non-fungible token smart contracts in 2021 alone.
The NFT sector has gained popularity in the cryptocurrency space in the recent past, where most industry experts believe that the trend will continue, given the potential in digital art and supply chains.
Tatum is a blockchain protocol that offers a unified framework for more than 40 blockchain protocols. The company supports upwards of 1,000 NFT marketplaces with more than 18,000 developers.