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HomeCrypto NewsMarketNMKR Supports Project "LEVEL UP" Following Launch of NFTs on Cardano

NMKR Supports Project “LEVEL UP” Following Launch of NFTs on Cardano


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The development aims to increase the volume of non-fungible tokens or NFTs created on the Cardano blockchain.

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NMKR, an NFT creation, minting, and trading infrastructure provider on the Cardano blockchain, has announced support for the gaming and eSport conference scheduled to be held in Salzburg.

This support comes as the hosts — the team behind project LEVEL UP— released the LEVEL UP Citizen Pass on the Cardano blockchain. “We’re proud to support the Gaming & Esport conference LEVEL UP Salzburg in their efforts to release the LEVEL UP Citizen Pass on Cardano,” the update read.

The Citizen Pass, described by the team as “the ultimate digital ID for the fictional LEVEL UP City,” typically comes in the form of a non-fungible token and offers many benefits to the holders. Per the announcement, this is the second year project LEVEL UP has released NFTs on the Cardano blockchain. “We’re happy to say that all NFTs are already sold out,” NMKR wrote, adding that Citizen Pass NFT holders will enjoy undisclosed benefits during the Salzburg conference.

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Notably, only 100 users collected the LEVEL UP Citizen Pass, including users who completed at least 14 quests of the LEVEL UP Challenge. In addition, the NFTs were available in three rarities, including 60 Normal Class 1 IDs, 30 Rare Class 2 IDs, and 10 Legendary Class 3 IDs. “Each of the 100 IDs has an address, an occupation, and maybe even a healthcare contract,” the team revealed.

Cardano Adoption on the Rise

The Charles Hoskinson-founded Cardano blockchain has recorded a good adoption rate this year despite the SEC’s claims that its native token ADA is an unregistered security.

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The impressive adoption of Cardano in 2023, as recently flagged by Hoskinson, is evident in the total value locked (TVL) in ADA. As reported, ADA TVL surged by 148% between January 2023 and June 2023, greater than the growth of any other network. Likewise, several institutions, including Grayscale, Wisdom Tree, and 21Shares, amongst others, have shown high interest in ADA.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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