Another traditional tycoon is entering the game. AP, NFT commerce

The term "NFT" for non-fungible tokens is the buzzword of the future. We have heard the word repeatedly over the past 12 months. Experts predict that the NFT industry will grow in 2022.

Stricter regulations this year could create some restrictions on non-financial businesses. However, the addition of larger companies has helped to further develop the DTV industry.

Join the Press to Announce NFT Marketplace Produced by Blockchain Technology Provider Xooa. It is a blockchain infrastructure platform dedicated to building “free label NFT stores” for brand and IP owners.

Here, authors can purchase NFT enhanced images from the global media platform taken by AP photojournalists, and select the digitally altered format. The news agency reported that "Pulitzer Prize-winning AP photos may also be available at this NFT store."

Collectibles will be available at multiple prices for a few weeks starting January 31. Meanwhile, photos of the AP photojournalists will be posted on topics such as location, weather and war.

The images are based on NFTs on Ethereum's Polygon Layer2 network, which supports secondary exchanges using debit or credit cards, and allows users of all skill levels to log in to buy and sell Midland managers of social digital industry and commerce.

“We will support secondary trading, crypto wallets and credit card payments supported by Metamask, Binance and Coinbase. "

the same time,NFT industry helps consumers understand when, where, date, location, equipment and technology setup is done..

Dwayne Desaulniers, Blockchain and Data Licensing Director for the AP Community, said: “For 175 years, AP Photographers have collected the world's most important news and still ring today. “With technology from Xooa, we are bringing this NFT design to fast people. We are very proud to have succeeded - the growing global collection of NFT photography enthusiasts. "

Xooa's marketing manager, Zach Danker-Feldman, believes the partnership will be "a stable connection between the virtual and the real world."

The platform said it would allow a second sale and charge more than 10% off. This is by far the label of "not-for-profit" news organization to which she is attached. CornAccording to the AP, the proceeds from the sale of NFT will be used to fund AP journalism..

That being said, this is not the first time that access points have received Crypto technology. In October 2021, The Associated Press partnered with Chainlink Labs to ensure that all information from U.S. newspapers and affiliates is analyzed in Crypto.