SpaceBudZ records its first $1 million sales on the ADA network

Watcher.Guru
Source: Cardanode.com

Spacebudz network was glad to announce on Twitter that it joined the million-dollar NFT sale team. Cardano sold SpaceBud #9936 for 510,000 ADA this Tuesday. This record sale milestone comes after the Cardano Blockchain celebrated Ada Lovelace.

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Spacebudz #9936

With the NFT craze taking over the world, networks such as Ethereum and Cardano provide housing for these tokens. Compared to Ethereum, the leading Non-Fungible Token blockchain network, sales on Cardano (ADA) are more diminutive.

Ethereum (ETH), for instance, has sold the highest NFT for a whopping 69.3 million dollars. The NFT was Beeple’s “Everydays: The First 5000 Days”. The auction took place at Christie’s, a British auction house that boasts the 1st auction house to make a hundred million sales in NFT.

Many hold that Beeple is among the topmost valued artists of all time. He created his auctioned NFT close to thirteen years ago.

This sale difference between Cardano and Ethereum should not come as a shocker because the latter rolled out these tokens much earlier. Additionally, Cardano has a lower interest compared to ETHER.

The introduction of smart contracts in the Cardano network has allowed the ADA market to boom. The smart contracts feature attracts more and more users hence increasing the interests of NFT minters.

About SpaceBudz NFTs

SpaceBudz is a Non-Fungible tokens platform living on the Cardano blockchain network.

The SpaceBudz NFTs are ten thousand in total, with unique and cute astronaut animals for each owner. Furthermore, there are animals, robotic creatures, and even ones filled with mystery.

The team achieved the uniqueness of these NFTs after mixing a variety of rarities such as backgrounds, breeds, and objects, among others.

Seemingly, when the limit of one thousand Spacebud pieces gets attained, the prices of these NFTs shift.

Who is Ada Lovelace?

Ada Lovelace, a.k.a Agusta Ada King, was a mathematician and one of the pioneers of software programming.

In addition to this, Ada Lovelace has authored a couple of books, including Ada, the enchantress of Numbers, and Sketch of the Analytical Engine Invented by Charles Babbage, among others.

Cardano named their native token ADA after this historic icon. IOHK, the developer of the Cardano blockchain, joined the rest of the world to commemorate Ada Lovelace’s achievements and contributions to the programming industry.

About Cardano

Cardano (ADA) is an open-source blockchain platform that is decentralized and used publicly. This platform, released in 2017, currently has a total of 2486 hosts.

Transactions are also peer-to-peer. In addition to this, Cardano has a daily trading volume of more than 2 billion US Dollars and a price of USD 2.18.

What is an NFT?

NFT is the acronym for Non-Fungible tokens. Unlike Fungible tokens, these are digital art assets that are unique and one of a kind and therefore interchangeable.

Any form of digital art ranging from gifs, videos, pictures, and audio recordings qualify to become NFTs.

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