The software giant Adobe tries to make it easier for non-fungible token makers or NFTs to prove that they are the artists behind their work by linking social media profiles and cryptocurrency wallet addresses.
In an announcement on October 26, the NFT Rarible Marketplace announced that it would enter into a partnership with Adobe that would allow token creators to view the software company’s credentials in order to verify the authenticity of digital content. According to Adobe, This feature can add an NFT creator’s wallet address and social media information to the content credentials metadata of the tokens listed in Rarible, helping to “combat misinformation with verifiable content accuracy and attribution.”
Buyer of Beeples $ 69 Million NFT at Christie’s Reveals Identity
As a member of the Adobe Content Authenticity Initiative in collaboration with the BBC, Getty Images, Microsoft and Nikon Rarible will apparently still have the ability to pseudonymize the creators of NFT and display crypto addresses associated with their online identity or full real-world social networks.. The identity of the buyer behind Beeple’s $ 69 million NFT purchase in March remained unknown until he decided to divulge his identity.
According to data from DappRadar, Rarible is the eighth largest NFT market by daily trading volume, which was reported at $ 393,910 at the time the publication of this report. However, the platform’s transaction volume has declined significantly from its high of $ 2.5 million in April. OpenSea had a volume of more than 58 million US dollars, which is 1.3 million US dollars, which is well above SuperRare.