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Brno, Czech Republic, March 1, 2022, Chainwire

Tatum, a blockchain development platform backed by Octopus Ventures, has launched a first-of-its-kind feature for creating NFTs. Called "NFT Express," the feature allows users to cast NFTs without having to pay for blockchain transactions with cryptocurrency or deploy smart contracts. This opens the door for global businesses to eliminate the significant overhead costs, complexity and security issues associated with creating NFTs and avoid potential regulatory hurdles around cryptocurrencies.

"Customers have been contacting us saying they have done everything possible to get their NFT marketplace off the ground and ready for removal. In order to pay for gas, they needed to buy cryptocurrency on an exchange and face various regulatory hurdles. We knew there had to be a better way, so we made a concerted effort to come up with a solution," explained Jiri Kobelka, CEO of Tatum.

NFT Express is available to anyone with a paid Tatum plan. Customers can instantly mint any number of NFTs on five different blockchains, making it the ideal solution for e-commerce companies or businesses looking to create NFTs at scale. The gas fee for minting NFTs is then deducted from the Tatum plan they pay for. This eliminates the need to buy cryptocurrency on an exchange, a transaction that many banks prohibit and will freeze customer accounts to prevent. It also eliminates most security concerns and allows companies to quickly implement NFT functionality into mobile apps and mint NFT from anywhere.

"We realized we could completely eliminate most of the difficulties businesses face and provide a simple, secure and seamless NFT solution for anything they want to create. Now they don't have to hire a blockchain developer and their gasoline is paid for by their Tatum plan. We believe NFT Express will open doors for countless businesses and developers, and we are very excited to launch it to the public," said Jiri Kobelka, CEO of Tatum.

NFT Express is currently available on the Ethereum, Polygon, Coinan Smartchain, Celo and Harmony blockchain networks.

About Tatum

Tatum supports over 40 blockchain protocols and is used by over 20,000 developers from around the world. Applications built on Tatum are used by tens of millions of end users and process billions of dollars worth of transactions every month. Last year, Tatum won the European Startup World Cup finalist and was a top 5 finalist at TechCrunch startup Battlefield, becoming the first blockchain startup to be selected.

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