HBAR Crypto News: Despite a broad market downturn for the vast majority of cryptocurrencies, Hedera (HBAR) is making headway with considerable gains. The performance of the network has been able to distinguish it from the rest of the crypto market and has attracted the attention of both whales and retail investors.
Hedera Pushes NFT Development
On Thursday, Hedera’s development wing, HBAR Foundation, announced the launch of the Kabila App which utilizes the Hedera Token Service (HTS) and provides a complete suite of NFT tools to boost the network’s NFT development further. According to the official announcement, the app offers HBAR creators a comprehensive and hassle-free experience, which includes a safe, non-custodial wallet for HBAR and HTS tokens with peer-to-peer trading, an end-to-end NFT toolkit, and an NFT launchpad.
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Tokenization, and more specifically NFTs, are becoming increasingly popular; consequently, the
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