WeTransfer Partners with Minima and Enters NFT Industry
- WeTransfer has partnered with blockchain platform Minima, and the two will focus on the deployment of NFT on the Minima network.
- The two platforms plan to empower creators all over the globe with “digital rights management for their intellectual property.”
- “This partnership will explore the practical use of NFT technology,” said Hugo Feiler, the CEO of Minima.
- The result of the collaboration will be live later this month and the app allowing users to run a Minima node will be available in over 180 countries soon as well.
The rapid adoption of Web3 and NFT technologies slowed down in 2022, but it seems that some companies are still bullish on these budding industries and are trying to make their way into them. Interestingly, WeTransfer, an internet-based computer file transfer service company that was founded in 2009 and is based in Amsterdam, Netherlands, has confirmed its partnership with blockchain platform Minima.
According to an announcement, the “unique collaboration” between Minima and WeTransfer will focus on the deployment of non-fungible tokens (NFTs) on the Minima network and also empower creators all over the globe with “digital rights management for their intellectual property.”
“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,” said Damian Bradfield, Chief Creative Officer at WeTransfer.
It is crucial to note that WeTransfer, known for its freemium model-based file-sharing platform, will allow users of the Minima blockchain to create and send NFTs from their smartphones, thereby boosting the adoption of digital assets and NFTs. The file sharing platform allows its users to download certain files without the creation of an account and, therefore, can be considered a good platform for supporting privacy features that are supported by blockchain platforms.
On the other hand, Minima is known for the creation of a barebones Layer-1 blockchain that can run exclusively on smartphones. Users only need to download the blockchain’s app and allow it to run in the background to run a node, getting Minima Coin, the platform’s native token, as the reward. Moreover, the Minima Coin can be considered a good token to initiate transactions for WeTransfer’s NFT venture.
Hugo Feiler, the CEO of Minima, stated that this collaboration will allow the blockchain to emerge as one of the most user-friendly ones and also attract NFT artists and collectors who have been affected by the failure of platforms like Coinbase NFT. Recently, the largest exchange in the US confirmed that it will be pausing creator Drops in order to focus on more important tools that have been requested by users.
“We as a partnership look forward to supporting the development and acceleration of creativity in the digital age where individuals retain ownership and control of their work. This partnership will explore the practical use of NFT technology, something which interests not only the crypto industry, but will be a test case to demonstrate the potential of wider adoption of this innovative digital tool,” Feiler added.
The project that Minima blockchain and WeTransfer are working on will go live later this month, and the app allowing users to run a Minima node will be available in over 180 countries soon as well. Interestingly, as reported by Bitnation, the existing platforms that support the listing of NFTs are facing a tough time with SuperRare reducing workforce by 30%.
A crypto journalist with over 3 years of experience in DeFi, NFT, metaverse, etc. Parth has worked with major media outlets in the crypto and finance world and has gained experience and expertise in crypto culture after surviving bear and bull markets over the years.
