Candy's objective is to create next-generation digital assets for sports and culture by offering authentic products and experiences that increase fan engagement and connect individuals to their passion for sports and collectibles.Ĭandy Digital manufactures and distributes a variety of digitized sports memorabilia. With that being said, I firmly believe that Palm has potential to be one of the more popular side-chains, considering the company is overseen by such knowledgeable figures in the NFT space.įans and collectors may buy, trade, and share legally licensed MLB NFTs on Candy Digital, Major League Baseball's official NFT marketplace. In fact, Palm NFT Studio was actually formed by ConsenSys founder and Ethereum co-founder Joseph Lubin, film producer David Heyman, and founder of the art-based tech group HENI, Joe Hage. Palm’s focus is on making NFTs easier and more efficient to use on the Ethereum blockchain. This makes the Palm side-chain a good option for both collectors and creators to use with NFTs. The Palm side-chain is known for quick throughput, low gas fees, and is over 99% more efficient than the Proof of Work system that the Ethereum blockchain uses. Palm is an innovative NFT ecosystem built with culture and creativity in mind. HENI, which is the platform Hirst used to launch his NFT project, is built on top of the Palm side-chain. The first day of trading on the secondary market saw trading volumes of more than $1.3 million, with the average sales price on that day being $7,128.Īlthough The Currency is now offered for sale on the popular NFT marketplace Opensea, it wasn’t always available there. The Currency is a collection of 10,000 NFTs, also known as Tenders, that correlate to 10,000 unique physical artworks by Damien Hirst, with the NFTs holding high-resolution photographs of each of his 10,000 artworks' both front and back sides. Damien Hurst, a British contemporary artist originally released his 10,000 piece NFT art project, The Currency, on a platform called HENI-a technology company pioneering Art Markets and Information.ĭamien Hirst's The Currency is the artist's first NFT release.
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