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Getty Images to Launch First NFT Collection on Candy’s Marketplace -Breaking

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Getty Images to Launch First NFT Collection on Candy’s Marketplace

Getty Images is entering the NFTs market as a major stock photography company. Getty Images holds 465,000,000 photos, which includes over 100 rare analog photos. When entering the Web 3.0 space, the main objective of the company is to convert rare archival photos into NFTs and reach a new audience.

Getty Images NFT sales will take place on Candy’s marketplace. Candy has had partnerships in the past with NASCAR and WWE as well as Major Baseball League. ConsenSys has created the Palm blockchain which allows for NFT sales. The Palm blockchain can also be used with

Scott Lawin from Candy Digital is excited to get the chance to do things outside of sports with this new partnership. He is also looking forward to offering NFTs to the entire world that are culturally and historically meaningful.

‘Trending Photography’ NFTs on OpenSea

Photography NFTs currently lead the way, taking over from big players in the NFT marketplace. Although the majority of revenue comes from CryptoPunks, Bored Apes and Okay Bears, some big names in photography are making their mark with NFTs. Pedro “Aimos” Vasquez, Elise Swopes, Cath Simard and several other well-known photographers have sold NFTs for at least a couple of thousand ETH. Seeing their rising popularity, OpenSea now has a ‘trending photography’ page.

Palm Blockchain is a Greener Method to Mint NFTs

ConsenSys’ Palm blockchain is powered by ConsenSys and uses 99% less electricity than the Ethereum Mainnet. Even though the blockchain has only been released last year it’s compatible with MetaMask. However, there doesn’t seem to be a massive market of photography NFT enthusiasts. NFT sales remain primarily in connection to gaming and metaverses, however art NFTs are gaining traction.

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