Crypto Reportedly Working On Exclusive Solana NFT Collection With Rapper Post Malone And Cool Cats Creators

Following the pre-determined roadmap tells a lot about the project. It means the team is serious about the business and committed to its long-term goals. Uniglo’s partnership with major firms and individuals in the field was a part of its to-do list from the beginning, and they have not failed us. 

The recent collaboration announcement with rapper Post Malone and Cool Cats creators on the exclusive Solana NFT collection has sparked excitement in the community, indicating Uniglo has a bright future ahead.

Introducing To

Uniglo (GLO) is a relatively new DeFi protocol that employs an asset-backed vault to provide volatility resilience. The vault will function as a community-based mutual fund, housing a variety of major and minor cryptocurrencies, digitized real-world assets, NFT collections, stablecoins, etc. Together with dual burning methods, these assets will support the GLO price, allowing it to stay stable while others decline. 

The utilization of NFTs enables to enter a new and expanding market. It is a smart move that will boost the company’s visibility and income. Sandbox (SAND), Decentraland (MANA), and SuperRare (RARE) have already been acquired for the GLO vault, with a new Solana-based NFT collection forthcoming. 

Who Is Rapper Post Malone?

Rapper Post Malone has become the latest celebrity to promote a popular NFT project and a cryptocurrency corporation. 

In his most recent collaboration with The Weeknd, a music video for “One Right Now,” Malone acquired an NFT from Bored Ape Yacht Club (BAYC), one of the world’s largest NFT collections, which has 10,000 distinct digital treasures live on the Ethereum blockchain. The rapper is emerging as a new leading NFT influencer, working on several exciting collaborations. 

According to sources, Uniglo and Cool Cats makers are joining Malone to release a new NFT collection that will be accessible exclusively on the Solana blockchain. 

What Are Cool Cats NFTs?

Cool Cats is a 9,999 randomly generated NFT collection. Each Cool Cat NFT is made up of a multitude of distinct characteristics. There are approximately 300,000 conceivable combinations of unique figures, heads, hair, caps, goggles, clothes, and so on. 

The overall transaction volume of Cool Cats is presently nearing $300 million.

Cool Cats NFTs were released in July 2021 and quickly made a name for themselves. The collection swiftly rose to third place in terms of popularity and sales volume. 

Therefore, collaborating with such a successful and experienced team would significantly boost Uniglo’s awareness.

Why Is Solana A Good Pick For NFTs?

Solana is a high-performance blockchain that uses the Proof-of-History consensus process, which employs several protocols to execute transactions with high throughput – more than 60,000 transactions per second (TPS). 

Typically, transaction fees in Solana are less than one dollar. Numerous NFT applications and collectors are switching to Solana to take advantage of its scalability and inexpensive transaction costs. 

Therefore, Solana is becoming a hotspot for general NFTs as developers have greater leeway to create their applications without facing technological restrictions. 

Although Solana’s ecosystem is not as large as Ethereum’s, it is still expanding. Since 2022, Solana’s user base has been growing far quicker than Ethereum’s, and experts have predicted that it might eventually surpass Ethereum. 

Adopting Solana-based NFTs might also significantly improve Uniglo’s efficiency. NFTs are the future of digital assets, and since Solana is becoming a popular alternative for building unique collections, this collaboration could give Uniglo a more solid foundation.

Final Thoughts

With this newest partnership, the Uniglo team demonstrates its dedication to innovation and developing new ways to leverage blockchain technology. Uniglo has shown fantastic potential during its ICO phase, getting investors excited for the upcoming launch.

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