The first-ever NFT is released on the Dogecoin blockchain
However, the value of the asset did not react to the news in any way

16.12.2021 - 14:10
599
2 min
0
What’s new? One of the Dogecoin crypto asset development team, known under the pseudonym inevitable360, announced the release of the first-ever non-fungible token (NFT) on the altcoin blockchain. The relevant post appeared on his Twitter account.
First NFT Ever "Minted" on #Dogecoin Blockchain!How can it be done? Proof on scrrens!Dogecoin NFT "Minted" Transaction: 19aeaa88859c04a333257f1119a77438ac08feec424c6ad3645a0679c8be9882@dogecoin_devs @JRossNicoll @KBluezr @michilumin @BillyM2k @mishaboar Opinions please :) pic.twitter.com/XXrjdCXjB6— inevitable360 (@inevitable360) December 13, 2021
What are the advantages of an NFT on the Dogecoin blockchain? To create the NFT, the developer used the SHA-256 hash function and the transaction fee was 0,1 DOGE ($0,0018). Meanwhile, on the top-tier blockchains, such as Ethereum, the commissions amount to hundreds of dollars. One of the creators of Dogecoin, Billy Markus, commented on the publication, expressing support for the developer and clarifying points about the technical implementation of NFT.
. As of December 16, it has a value of $0,18, and its capitalization is $ 23,3 billion.
Useful material?
Crypto regulations
In turn, the European Commission said that the bank misinterpreted the norms of the law, and in its current form it is already capable of protecting the bloc’s economy
Apr 23, 2025
Market
The product will allow professional investors to track the price of the altcoin without having to hold it directly
Apr 18, 2025
Market
Previously, the PumpFun team launched their decentralized exchange to preserve liquidity in their ecosystem
Apr 17, 2025
Technologies
The company predicts that devices powerful enough to crack a 256-bit key could be available in the next 10 years
Apr 17, 2025
Mining
The collaboration aims to increase decentralization of the blockchain
Apr 15, 2025
Market
The feature will later be available to customers in Europe and Australia
Apr 15, 2025