The crypto-powered Brave web browser is jumping on the non-fungible token train with offerings of its own in partnership with Origin Protocol.
In an announcement on Feb. 18, Origin Protocol stated that the official Brave Store is now accepting orders for limited edition NFTs. The browser recently held a meme contest and the top-40 entrants are now available for sale in the store.
Luke Mulks, VP of Business Operations at Brave, stated that there is hope to bring more NFT and crypto collaborations to life in the months ahead, adding;
“We’re very excited to be collaborating with Origin to introduce additional BAT utility with support for NFT purchases in the Brave Store. NFTs continue to be an emerging force in the crypto space, with more novel use cases surfacing in-market.”
Brave is an open-source, privacy-preserving browser powered by the Basic Attention Token (BAT). It boasts a network of over a million content partners and over 465 advertisers with 25 million monthly active users.
Origin Protocol is a sharing economy-based platform created to link buyers and sellers while cutting out the middle man. It launched the Origin Dollar (OUSD) interest-bearing stablecoin in September 2017.
NFT Sales Soaring in 2021
A recent report by The Defiant stated that NFT sales have topped a record $100 million over the past 30 days. According to marketplace data provider CryptoSlam, NBA TopShot is the best-selling NFT collection shifting almost $20 million over the past week.
NFT secondary marketplace OpenSea highlighted the number of new arrivals in its ranking lists reporting that CryptoPunks was its highest-earning. New NFT collections called Hashmasks and Bullrun Babes have also entered the charts and are selling like proverbial hotcakes.
This week, the SushiSwap DEX listed new index funds for the wildly popular CryptoPunks NFT collection enabling liquidity provision to earn PUNK tokens.
This year’s ETHDenver virtual conference was dominated by DeFi and new NFT oriented projects, many of which are likely to make it into the mainstream in 2021.
OGN, BAT Token Price Update
Origin Protocol’s native OGN token is trading at $0.41, up nearly 6% from its daily open. It has yet to return to its all-time high set in August 2020 when it reached $0.54 but has made an impressive 101% since the beginning of February.
BAT meanwhile is up 2% on the day trading just over $0.58 at the time of press. The browser-based token has surged 92% since February began, though it’s still quite a ways off its January 2018 ATH of just under a dollar.