accept cryptocurrencies, Bryan Habana, BTC, ETH, fiat currencies, Momint, NFT marketplace, Social Media

A South African non-fungible token (NFT) marketplace, Momint has officially launched following the end of the two-week trial phase which saw the artwork of former rugby player Bryan Habana fetch over $10,000. More than 800 people from 25 countries took part in the auction.

The Momint marketplace, which has been developed as a social media app similar to Instagram, is backed by investor Rob Hersov and has a “pre-seed funding reportedly valuing the company at over $2 million.â€

According to a report, Momint combines an NFT marketplace with the functionality of a social media platform. In addition to accepting cryptocurrencies like BTC and ETH, Momint says buyers will be able to use fiat currency. In his remarks following the launch, the marketplace’s co-founder and COO, Joshua Minsk said:

Meanwhile, in addition to Habana, the platform will also initially rely on the participation of other South African celebrities like cricketer player Abraham Benjamin de Villiers, musicians Goldfish and The Kiffness.

Also joining this list of South African celebrities that will initially use the marketplace is filmmaker Dan Mace. In his own remarks applauding the launch, Mace explained that this platform will “enable anyone to not just appreciate but actually own art within a digital space from anywhere in the world.†Confirming his own intentions to sell, Mace said: “I will be selling my project and timelines from films that I’ve made.â€

What on your thoughts on this NFT marketplace launch? Tell us what you think in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels

Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which in turn made it difficult for migrants in the diaspora to send money home.†Effects […]

Xem chi tiết: Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels

How Long Does a Bitcoin Bull Run Last? Proponents Use a Myriad of Charts and Models to Predict Future Prices

As bitcoin prices hover above the $55k zone, a number of participants wonder when the bull run will end. Bitcoin proponents are convinced bull markets have three waves and another wave may start soon. However, despite a variety of tools being used like tarot cards, no one is truly sure what will happen with bitcoin […]

Xem chi tiết: How Long Does a Bitcoin Bull Run Last? Proponents Use a Myriad of Charts and Models to Predict Future Prices

Ethereum Skyrockets Past $4K Tapping a New ATH, Ether Dominance Jumps to 20%

The price of ethereum, the second-largest crypto asset in terms of market valuation, touched an all-time high (ATH) on Monday, capturing $4,246 per unit. Ethereum has been on a tear during the last year against the U.S. dollar, gaining a whopping 2,129% in 12 months. Ethereum Captures Fresh Price Highs, ‘Flippening’ Begins to Trend Ethereum […]

Xem chi tiết: Ethereum Skyrockets Past $4K Tapping a New ATH, Ether Dominance Jumps to 20%

Bitcoin’s Smallest Unit: Billionaire Mike Novogratz Wants Crypto Exchanges to Quote Satoshis

Mike Novogratz, the CEO of Galaxy Digital, wants exchanges to start listing in the smallest unit of bitcoin otherwise known as “satoshisâ€. On May 8, Novogratz tweeted out to a number of crypto exchange executives and asked “which exchange will be first to quote in SATS?†Novogratz Asks Top Exchange Execs to List Satoshis Bitcoin […]

Xem chi tiết: Bitcoin’s Smallest Unit: Billionaire Mike Novogratz Wants Crypto Exchanges to Quote Satoshis

One of Africa’s Oldest Wildlife Conservancies Accepts Crypto Donations

One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas and the ecosystems they inhabit.†Tax Efficient Way to Support Virunga In a […]

Xem chi tiết: One of Africa’s Oldest Wildlife Conservancies Accepts Crypto Donations

Analyst Explains Why Ethereum Is Rallying, Hitting All-Time Highs

Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment Management, also known as Ark Invest, published a research note last […]

Xem chi tiết: Analyst Explains Why Ethereum Is Rallying, Hitting All-Time Highs

Asian Auction House Phillips Will Accept Crypto at Auction for a Physical Piece of Banksy Art

The well-known Phillips Auction House has announced the company plans to accept cryptocurrency for the first time in a physical art auction set for June 7-8. Phillips will be auctioning a world-famous piece of artwork called the “Laugh Now Panel†created by the anonymous street artist Banksy. ‘Laugh Now’- Phillips to Accept Cryptocurrency at a […]

Xem chi tiết: Asian Auction House Phillips Will Accept Crypto at Auction for a Physical Piece of Banksy Art

Edward Snowden Knocks Alex Gladstein’s Crypto Critique- ‘Worst Part of Dragon-Level Wealth Is People Devolve Into Dragons Themselves’

On Saturday evening, the privacy advocate and well known whistleblower, Edward Snowden, spoke out against some criticism stemming from the Human Rights Foundation’s Alex Gladstein. Snowden attacked the tribalism taking place in the crypto space and said that some people “lose sight of the world beyond their cave.†Alex Gladstein Calls Snowden’s Interview Clip a […]

Xem chi tiết: Edward Snowden Knocks Alex Gladstein’s Crypto Critique- ‘Worst Part of Dragon-Level Wealth Is People Devolve Into Dragons Themselves’

The Flip Side of NFTs: A Glimpse Into the Artists’ Unique Perspectives

Bitcoin Mining Operation Bitfarms to be Listed on Nasdaq Following DTC Eligibility 

Asian Auction House Phillips Will Accept Crypto at Auction for a Physical Piece of Banksy Art

FBI Puts Warning Signs on Bitcoin ATMs in This US County Following a Scam

FBI Puts Warning Signs on Bitcoin ATMs in This US County Following a Scam

The $70B Meme Coin Market: Dogecoin Skyrockets Past a Half Dollar, DOGE Market Cap Eats Into BTC Dominance

Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies

Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets