Royalties with Soroban Smart Contracts: An Interoperable On-Chain Solution

Returning for the second article in our series, this time we are tackling royalties and on-chain payment enforcements. Royalties play a pivotal role in digital economies, yet the web3 industry still faces many challenges in implementing decentralized royalty payments. Two key issues stand out: Centralized control: Echoing Web2, NFT marketplaces maintain significant control over royalty…

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Building Bridges For NFTs

Exciting times! As I write this blog article, we are rolling out a major update (1.0.11) for the Litemint NFT marketplace. With this release (demo below), we introduce another first to NFTs on Stellar as we built an ERC-721 compliant, non-custodial and decentralized bridge to Ethereum allowing creators and collectors to use their NFTs, securely,…

Tradable, Breedable, Non-Fungible Tokens Now Available on Stellar with Litemint

To read more about our upcoming NFT marketplace, follow this link. Let’s have fun! Non-fungible tokens (NFT) are unique and non-interchangeable crypto assets. They can be used to represent rare and exclusive collectibles—a powerful concept for new digital markets and now available on Stellar and live in Litemint! While such tokens have been standardized with…