Harmony plans to have a whole host of non-fungible tokens (NFTs) and other digital collectibles on its network. Because of Harmony’s sharded blockchain, these unique digital goods can be traded and shared in seconds.
In August 2019, Harmony together with gaming firm Animoca jointly acquired Quidd. Quidd is a digital startup which focuses on digital collectibles. They will soon be ported over to Harmony’s blockchain.
As CoinTelegraph covered in August 2019, Quidd has issued and sold more than 2.1 billion individually-serialized digital collectibles. It also posses 325 brand licenses including Marvel, Game of Thrones, Rick and Morty, and many others. In total, gross revenue for Quidd is estimated to be over $10 million.
Quidd, Animoca, and Harmony together form a nexus which will allow for digital collectibles to thrive. With licenses for most of the most popular brands on the market today, Quidd puts Harmony in a unique position to excel in this growing sector.
Harmony’s NFT Store
Harmony is currently working its own marketplace for non-fungible tokens (NFTs). You can view the minimum working product here and see for yourself. Stablecoins will also allow for individuals to place bids with minimum volatility for auctions.