By FintechNews staff
Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency poised to revolutionize digital transactions is announcing its acquisition of cyberyachts.com in partnership with three time Grammy-nominated recording artist Quavo of Migos. Cyber Yachts will consist of NFT collections totaling 888 extraordinary yachts, and will be exclusively offered on the UnicoNFT marketplace for sale in Bitcoin and Bitcoin Latinum. Included in the collections are the Quavo branded Cyber Yachts.
Unico, in partnership with Bitcoin Latinum, launched an NFT marketplace called UnicoNFT that features thousands of digital artworks that can be bought and sold exclusively with Bitcoin (BTC) and Bitcoin Latinum (LTNM), and will include the new collections of Quavo-branded Cyber Yachts. This is the world’s first platform that enables the option of buying, selling and trading NFTs using cryptocurrencies other than Ethereum type currencies. The total market for NFT’s reached $40 billion in 2021, up from $100 million in 2020. The market for NFT’s is rapidly approaching that of the global fine art market, valued at $50 billion.
The increasing popularity of NFT’s and metaverse assets has exploded in the past 6 months. Sales of virtual land have boomed in Nov 2021, bringing in $105.87 million for just four metaverse projects which include digital land, luxury yachts and other assets.
Bitcoin Latinum was built as an open-architecture cryptocurrency technology, capable of handling large transaction volume, cybersecurity, and digital asset management.LTNM is a greener, faster, and more secure version of Bitcoin, and is poised to revolutionize digital transactions.
Unlike other crypto assets, LTNM is insured, and backed by real-world and digital assets. Its asset backing is held in a fund model, so that base asset value increases over time. It accelerates this asset-backed funds growth by depositing 80% of the transaction fee back into the asset fund that backs the currency. Thus, the more Bitcoin Latinum is adopted, the faster its asset funds grow, creating a self-inflating currency.