Your Pass
Related Articles
Digital Collectibles NFT Platform and Studio Integrates with Circle for Payments with USD Coin (USDC)
LOS ANGELES, CA/ACCESSWIRE/February 11, 2022/ the Chronicle announces major additions to its platform, including secondary markets, crypto integration, and a brand new auctions feature. It also leverages payment solutions from Circle Internet Financial, LLC, a global fintech company that provides payments and financial infrastructure to internet businesses and the leading operator of USD Coin (USDC), to enable payments with USDC .
Chronicle creates authenticated digital collectibles for the world’s most recognizable names in entertainment and pop culture, securing exclusive partnerships to market NFT collections and integrating them into the Chronicle NFT Marketplace, giving fans a new place exciting interaction.
With the long-awaited auction feature now live, users will also be able to participate in a series of “Immortal” auctions from officially licensed brands. Bidding for each auction will start at a fixed price from which users can submit additional bids in hopes of winning the “immortal” NFT. Auctions will remain online for a pre-determined period of time.
Additionally, starting Wednesday, February 16, users who have previously purchased collectibles on the Market can now list them for sale at their desired price on the Secondary Market. Chronicle will charge a 5% transaction fee for each sale made in the secondary market.
Funding a Chronicle account will now be easier than ever. The platform will use Circle’s API suite to allow users to fund their account with USDC and make withdrawals through supported payment rails. Balances can be topped up with debit and credit cards, bank transfers or USDC. Withdrawal options will be enabled in the coming weeks.
Chronicle has also partnered with Onfido, the global identity verification and authentication provider, for its state-of-the-art KYC solution that performs real-time biometric verification, for fast, seamless and secure user onboarding. Note: Users will be required to complete and pass KYC procedures before interacting with Circle’s payment rails or accessing the secondary market.
“These new offerings represent an important step in Chronicle’s growth and open up new opportunities for our fan community to interact with their favorite brands and artists and more effectively monetize their collections,” said Tim Glover, CEO and Co-Founder of Chronicle. .
About the Chronicle
Chronicle is a leading next-gen digital collectibles marketplace where fans can buy, sell, trade or gift authenticated and officially licensed digital collectibles from the world’s best-known brands and artists under the form of NFT. Its recently announced auctions and secondary market features allow fans to sell their NFTs at whatever price they choose.
Although Chronicle is blockchain independent, Chronicle uses Aurora EVM (“Ethereum Virtual Machine”) built by NEAR Protocol for its environmental awareness. Unlike high-energy proof-of-work systems, Aurora is based on NEAR protocol proof-of-stake technology and is committed to reducing its carbon footprint through a tree-planting offset program.
About Onfido
Onfido sets the new identity standard for digital access. The company digitally proves a user’s true identity using artificial intelligence (AI), by verifying a photo ID and comparing it to the person’s facial biometrics. This means businesses can verify their users without compromising experience, conversion, privacy, or security.
Recognized as a global leader in AI for identity verification and authentication, Onfido is backed by TPG Growth, Idinvest Partners, Crane Venture Partners, Salesforce Ventures, M12 – Microsoft’s venture capital fund, and d ‘others. Onfido has raised $200 million in funding and, with over 600 team members in eight countries, enables digital access to some of the world’s largest companies.
l Website l LinkedIn l Twitter l
About the Circle
Circle is a global financial technology company that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications around the world. Circle is the primary operator of USD Coin (USDC), one of the fastest growing dollar digital currencies powering native internet commerce and payments, with circulation exceeding $52 billion in February 2022 and over $2.5 trillion on-chain. transactions in 2021 based on internal data aggregation. Today, Circle’s transactional services, business accounts and platform APIs are giving birth to a new generation of financial services and business applications that promise to increase global economic prosperity for all through the frictionless exchange of financial value. Additionally, Circle operates SeedInvest, a seed fundraising platform in the United States. To learn more, visit https://circle.com.
Media Contact:
Dan Spencer
[email protected]
THE SOURCE: the Chronicle
See the source version on accesswire.com:
https://www.accesswire.com/688376/Chronicle-Launches-Secondary-Marketplace-and-Auctions
