In a Twitter post, the company indicates it’s auctioning five Curve-branded NFTs to raise funds in support of London theatres that have been devastated by the coronavirus pandemic. The funds will mainly help the 40% of theater workers who are jobless due to the health crisis. Curve’s NFT auction figures will be on the crypto art marketplace Rarible.com and collectors will need to connect an Ethereum wallet to bid for the art. Curve founder and CEO Shachar Bialick explained the motivation behind supporting theaters through NFTs: Curve is among notable institutions from the financial world to hope the NFT bandwagon to raise extra money.
Circle launches NFT payment platform
This comes after Circle launched a complete payments solution that allows NFT marketplaces to accept credit card and crypto payments. The move aims to attract more users to participate in the NFT marketplaces. The platform will support USD Coin, Bitcoin, and Ethereum payments. The platform also supports NFT custodial services, and yield-generating Circle accounts for NFT market operators. In recent months, NFTs have risen to popularity as digital files underpinned by blockchain technology. The popularity is due to the uniqueness that verifies who is the rightful owner of a piece of art.
