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Why LimeWire chose the Algorand as the platform for its NFTs
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[QUOTE="Flow-er, post: 229021, member: 71012"] The world of NFTs is really growing as many cryptocurrency enthusiast and companies are taking advantage of the NFTs opportunities. The NFT as proven to be one of the best platform for content creators. It improve self reliance because it eliminate the third party that dictate the monetary process for the content creators. It is indeed a life time opportunity and an improved technology that take it base on the blockchan platform u Powered by the Smart contract . The content creators will now have independent streams of income without the need of dealing with the third-party that could threatened not to pay you for your works. Limewire is one of the establishment that wished to pitched its tent in the NFT world. It decided to use the Algorand as the platform to use in minting its NFTs and collectibles. The company chose the algorand because of its low energy consumption and carbon-negative platform. The Algorand uses the Proof-of-Stake that is energy-efficient unlike the ethereum and bitcoin which use the Proof-of-work for its mining. This makes the process of coin production energy intensive. The algorand is a marketplace for NFTs and it has the features that could seamlessly adopt the NFTs. The NFTs is the hope for all the content creators and it will allow them make more money from their contents. [/QUOTE]
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Why LimeWire chose the Algorand as the platform for its NFTs
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