nft marketing latam

Metavertu

Vertu launches the first WEB 3.0 Phone

The Metavertu is a Web3 centric device that makes its own node and converts photos and videos to NFT with a single click. This device itself is aimed at the high end of the market as it comes with a carbon fiber shroud, 12GB of RAM and 512GB of internal storage and costs $3,600. Vertu’s new luxury hearing The big problem with this bet on Web3, Vertu CEO Gary Chan mentioned at the phone’s launch event in London, is that its difficulty is a pushback for new users. Web3 with one click Users have the possibility to generate a wallet in a few clicks, with private keys protected by the trusted execution environment (TEE) of the phone, and enter a group of decentralized applications (dapps) through a friendly interface. Among those applications are: VOS: Which makes it possible to use the phone as a “lightweight validator, node and buyer” in the Ethereum blockchain. Vtalk: An end-to-end encrypted fast messaging application that integrates decentralized social networking functionalities. In addition, users have access to 10 terabytes of shared storage on IPFS, as well as Vertu’s 24-hour “red button” concierge service. Which is meant to guide newcomers through the process of collecting non-fungible tokens and advise them on the next collections worth getting.

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NFT-games

How NFTs and video games work together

NFTs have reached another space in society, in this case that of Video Games. Precisely the NFTs, became famous among the fashion industry, works of art or real estate, and have observed a totally new possibility among the video game industry. NFTs to the video game industry In the framework of the entire crypto world, they are unique assets that cannot be exchanged or exchanged for another that has the same cost. They work through blockchain technology, the same technology that is applied in the cryptocurrency environment. His fame was present in numerous industries of the society of which we are a part: The power of NFTs in the video game industry NFTs in video games have the possibility of being used to decide the ownership of characters, objects, weapons and other assets that we have the possibility of discovering in video games. But its primary use in this market was rewards. In this way, video games are provided with a new added cost since now they also have the possibility of obtaining rewards that are translated into monetary assets. The Axie Infinity Project The video game Axie Infinity is considered the most recognized among investors in cryptocurrencies and blockchain technology. In the game, users have their own NFTs as pets, which they feed, raise, and fight with other pets in the game. Although at first glance it looks like a video game, it is also It can be considered as a trading platform for NFTs. To get rewards, users just have to play, which means that players have to raise their little pets, feed them and win battles with other characters. Conclusion NFTs in the video game industry not only bring benefits to the player, but also to the inventor of those games. The term Gaming 3.0 has been developed, which refers to a totally new way of governing video games within blockchain technology and NFTs.

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What are The NFTs are and how do they work?

NFTs (non-fungible tokens) are an asset that cannot be imitated, in the digital world that is compared to selling any other type of asset or property, but in an intangible way (soft technologies). These tokens can be viewed as certificates of ownership of virtual or physical assets. How do they work? With NFTs, art can be tokenized to create a digital certificate of ownership that can be bought and sold. As with cryptocurrencies, a record of who owns what is stored in a shared ledger such as the blockchain. The records cannot be falsified because this “ledger” is securely maintained by thousands of computers around the world NFTs can also contain Smart contracts that could provide the artist with, for example, a share of a future sale of the token. In many cases, artists retain the copyright to sell copies of those works and thus continue to sell. But for a buyer of an NFT who holds the token, it proves that he is the original owner of the work. Some people compare it to buying a copy signed by the author. In theory, anyone can tokenize their work to sell it as an NFT, but interest has grown following reports of multimillion-dollar sales. In this way, each person can give a “value” to the NFT with the simple fact that they believe that it is something valuable, that is the reason for the multimillion-dollar sales. Main characteristics of NFTs The main characteristic of NFTs is that they are not digital assets, but pieces of digital content that will be stored on a server. There are different value ranges for each NFT based on its rarity and exclusivity. therefore its value is greater and may even increase over time. They are based on two standards, the original ERC-721 of Ethereum, where NFTs began to move, and the more current ERC-1155, which allows working with several tokens at the same time through a single smart contract, unlike the original , which requires a smart contract for each token. We have already seen some examples of NFT throughout the entire article,

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The Lord of the Rings will have its own NFTs

Warner Bros Releases Lord of the Rings NFT Compilation Warner Bros. is dropping NFTs from its iconic 2001 film “The Lord of the Rings: The Society of the Ring,” analysis revealed Thursday. Functioning as a complete digital experience, NFTs integrate a 4K replica of the film, hours of behind-the-scenes bonus material, massive behind-the-scenes footage, and exclusive AR collectibles inspired by the film. Properties in the digital age Consumers today are able to have a greater sense of digital ownership by holding NFTs in their MetaMask wallets. In addition, it could be argued that self-custody is merely symbolic in this situation, given the control that Eluvio and Warner exercise over the metadata and the ironclad ownership of the IP of the NFT. Warner’s NFT experiment Jessica Schell, executive vice president of Warner and general manager of Warner Bros. Discovery Home Entertainment, mentioned that this drop of NFTs is an experiment designed to see if mass market audiences have a craving for Web3 resources. “We want to learn, we want to engage, we want to understand what works in this space,” Schell said of Warner’s approach to Web3. For now, the launch of LoTR will only allow fans to trade in their entire NFTs as an exclusive bundle on the Warner NFTs marketplace. Are NFTs going to become a mainstream technology in Hollywood? NFTs safeguard Warner’s intellectual property from piracy, a fundamental and ongoing concern in the film industry. “The tape, for example, when broadcast, is DRM protected, and that DRM is implemented by the Eluvio Content blockchain,” Munson said, referring to digital rights management. “The authorization of the keys that make up the DRM is controlled by means of blockchain contracts, which means that if you do not have this NFT, you cannot transmit that.” Other examples of adoption of NFTs: Conclusion: This is only part of the new technological revolution that we have with the arrival of the blockchain in our world. Soon we will be seeing more adoption of crypto projects in more cases of everyday life.

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Selling-NFT

How to sell NFTs?

When you have an Ethereum NFT which is based on open source so you can create them on OpenSea and sell them on Mint or Foundation. Taking OpenSea which is the largest platform for selling and buying NFT this is what you can do to sell NFT: In the sale, you will have the OpenSea service fee, which is 2.5 percent, and the royalty for the creator, which is sometimes 10 percent. You will then need to confirm your sale by signing a transaction. And that’s it. You will now be in a position to sell your first NFT. If you want a more detailed guide to creating and selling NFTs, we have a blog where we already talked about it and we leave it here. If you have a great project idea, consult us and we can help you with everything you need to launch an NFT or cryptocurrency project.

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BicyclexBoredApe

Bicycle will release Bored Ape #1,227 in its next collectible deck

The Bicycle deck company released a NFT called the Genesis Collection and in June Bicycle bought the Yacht Club Bored Ape #1,227 so it’s no surprise that this Tuesday they will announce that they plan to release a classic Bicycle deck with their new Bored Ape. What is the collection about? The Genesis Collection is a compilation of futuristic playing cards created by artist Adrian Valenzuela. Although the Genesis Collection has sold out, Bicycle revealed Tuesday that people can still purchase the main Genesis Collection. Bicycle wants to release a physical collectible deck centered around the Genesis Collection that will be distributed to people who own one of their NFTs. BAYC #1,227 The BAYC #1,227 that Bicycle purchased is an NFT that was sold to the company for 103 ETH which was then priced at $1,858 per coin on June 6, 2022. “Bored Ape #1227 will also appear in a Bicycle Classic deck to be released next year,” the company explained during the announcement. “The deck will feature the brand new NFT in a fun and playful Royal Monkey themed deck. The inaugural deck will continue the journey within the Bored Monkeys Yacht Club community. More details will be revealed in the coming weeks.” . Artcade This week Bicycle is celebrating the purchase of its BAYC at Artcade, an NFT gallery located on the Sunset Strip in West Hollywood, California. Genesis Collection-themed and Bicycle ape-branded merchandise is available at this event. “We see communities like the Bored Apes Yacht Club as the heart and soul of Web3. Bicycle is about connecting in playful ways, and Web3 opens up new avenues for us to interact and co-create with communities,” he said Tuesday. Tricia Bouras, executive of Cartamundi Group

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NFT-mint

How much does it cost to mint an NFT?

Minting is a very key word when we get into the world of NFTs, it is something very basic and it is important to know it because it is basically how NFTs are created. What does it mean to mint? Each NFT is unique, this is what gives it its market value and what allows transactions to be made with its information, these tokens are in unique code chains within the blockchain. Minting could be said to be assigned a blockchain certificate to a digital asset, and each network or platform has its particular protocols and procedures. So the process of mining is different according to the blockchain they use. What is minting an NFT? To mint, an NFT means to create a token or a certificate of an asset and upload it to the blockchain that allows it to be traded and accumulate value. How do I mint a Solana NFT? Solana has its cryptocurrency and is based on the PoS approval system which is a very efficient protocol. Mining a Solana NFT consists of uploading new certificates using the blockchain used by this network. Where are NFTs minted? It all depends on the type of network, for example, to mine an NFT in Ethereum, you must create an address associated with a smart contract under the ERC-721 or 1155 format. This could be done through OpenSea, Mintable, or Rable, among other platforms. How much does it cost to mint an NFT? Here it also depends on the network we use to mine the NFT since each one has a different cost, a platform commission, as well as a different network gas value. First of all, we have to pay the cost that the collection will have, this is decided by the people who have created the project, to this cost we will add what is charged by the platform in which we are buying the NFT as Open Sea and finally we have the gas fee or gas rate. These fees are paid by the users when a transaction is made within a blockchain and it is a system that works with a supply and demand mechanism. So if there is a high demand for transactions, more will be paid for them. There are Wallets like MetaMask that allow users to interact directly with the Ethereum network, being able to choose the amount of gas they want to pay for. In the end it all adds up in our mint Is it possible to mint for free? This is a question that can be answered with a yes and a no because while there are collections that may decide not to charge a peso for their NFT, the gas fee is still on us. So an NFT can be sold for free but to mine and generate it we will have to pay the gas fee which can be the difference between paying 10 dollars for an NFT or 200. Conclusion: This concept is important to know because it is how we get the NFTs and when entering the discord of a collection or their social networks, this is a word that we are going to see a lot. Understanding how it works does not allow being prepared for everything, as this is something that if or if you have to pay and have it in mind we can be ready for the worst.

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NFT-trading

How do I join NFT trading?

While the profitability of NFT trading is no longer the same as it was a year ago, it is still possible to continually increase your capital. It is important to keep in mind that this new environment is highly volatile, still in its early stages of development, but still with an exciting, enlightening future, and with a dynamic global reach. Expand your social media with information from NFTs Twitter is the channel where you can get information about any NFT, where you can find out about new projects, and what members of the NFT community are saying about them. Check out whom the most popular collections follow and based on that, many platforms serve as an NFT release calendar or join discord servers of knowledgeable users Beware of FOMO When you get into buying and selling NFT assets, you will be exposed to a lot of hype from different new projects that may or may not be quite profitable in the future. One piece of advice we can give you for sure is to be a person aware of this hype when deciding to enter into trading NFTs amidst the Twitter noise. Look for the best crypto pick While the Ethereum network is the most famous network that houses the largest collections of NFTs, it is the most expensive of them all. Thus, if you want to trade an NFT from the Opensea.io platform, you will have to add to the cost of the NFT ($200) an additional transaction or fuel cost (gas fee) that will vary according to the demand at the time. So keep in mind that the price at which you buy the NFT is not necessarily the final transaction price. Look for opportunities in other networks  In both marketplaces, there are 2 iconic collections because they were among the first, Degenerate Ape Acadamy for Solana and Spacebudz for Cardano. While they are less popular than Ethereum, the cost per transaction or fee is negligible, with values ranging under 2 dollars in Cardano’s situation per transaction.  What type of NFT do you like? If you are one of those who want to collect 1/1 art from independent artists you should consider that the return on your investment may take longer than with a collection of 10,000 NFTs with an average of 2-3500 collectors per collection. Conclusion Being an NFT collector and trader is very exciting, but it is important to be well informed and be careful with excessive hype before starting to make investments, as well as taking into account that although we can get a return in a short time, most of the time it is not and it takes time so you have to be patient.

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damien-hirst-burns-art

After selling NFTs Damien Hirst burns his own art worth almost £10 million

After selling a sequence of non-fungible tokens (NFT´s) in the past, Damien Hirst has started burning many of his own physical works of art. Another artistic action Hirst was asked what it felt like to burn his artworks, and he replied that it felt good, which was better than he thought. The coin is Hirst´s first collection of NFTs, made up of 10.000 NFTs, which translates to 10.000 original works of art he launched last year. The Newport Street Gallery in London reported that buyers were given the option to opt for the digital or physical work. Of all the buyers, 5.149 chose to get digital works, while 4.851 bought works without a frame. As consumers were informed earlier this week, the first 1.000 untraded NFT artworks would be burned on Tuesday, this was shared by Hirst with his instagram followers earlier in the week. The Turner Prize winner and his assistants livestreamed the act as they placed the pieces on the gallery´s mantelpieces with tweezers as they were stacked in front of the viewers. For the burning, a camera was used to record the unique code of each work of art that Hirst burned before being burned, this with the idea of ​​keeping a record of each piece burned before being burned. Why did he decide to burn his tokens? There has been a lot of criticism of Hirst for his choice to shred his own prized artworks during a time when there was a cost-of-living crisis. Last July, put up for sale a collection of 10.000 NFTs, priced at $2.000 each; each one corresponded to a real-life work on paper. Hirst gave collectors a year to enjoy their NFTs, but in the end they had to make the decision to keep digital or physical art In the end, the results were 4.851 holders of NTFs, and 4.851 physical works to be consumed by the flames The 10.000 physical works were displayed in the gallery, stacked in transparent slides towers, for those who chose the physical works to collect them. Once collected, these works are replaced by translucent black and white slides. The others are taken out one by one and go up to the oven room. Some critics have accused him of being a master of publicity, as he previously gained fame during the Young British Artists movement in the 1990s. In addition, he is considered one of the most controversial artists in Britain today.

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aegirls

Aespa k-pop band to launch NFT collection

The popularity of NFT advances further in the entertainment industry with collaborations such as the one that is happening between Aespa and the artist Blake Kathryn. Entertainment Duo Launches Exclusive NFT Collection Connecting Dotts has achieved a cooperation between visual artist Blake Kathryn and K-Pop girl band Aespa to present a unique collection of NFTs. The K-Pop ensemble is a 4-member band with online avatars. Each NFT piece in the set will include the personality, identity, and signature of the respective band member along with their avatars. The developers combined the creativity of the works of Blake Kathryn, demonstrating futuristic resources of the famous NFT artist. SM Entertainment highlighted that, from the beginning, Aespa is an organization focused on the future. The collection and collaboration The collection is called “æ girl” and it is a beautiful design done in collaboration with Blake Kathryn, the famous female artist in the web3 space. As a consequence, this expands Aespa’s collaboration in the Web3 industry, according to SM Entertainment. Commenting on the involvement with Aespa, Blake Kathryn indicated that the partnership to develop the “first-of-its-kind NFT Collection” with the K-Pop ensemble is a pleasure. The release captures the properties of the band members, which is a good idea, Blake Kathryn added. The adaptability of NFTs in different environments NFTs have become adaptable, opening up more ways for collectors and enthusiasts to interact with their favorite artists, said Michael Bouhanna, director of NFTs and digital artist at Sotheby’s. The participation reflects how NFT and digital arts have the potential to bring the digital and physical worlds together, Bouhanna said. K-pop represents a powerful cultural tool that society can take advantage of to offer acceptable meanings to things around them, says Rita Magnus, MD at Connecting Dotts.

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NFTplatform

Where can I sell NFT?

At the beginning, Open Sea was the most known platform for buying and selling NFTs if it wasn’t on Open Sea, it didn’t generate the same trust. But nowadays we already have different platforms for NFTs and not only NFTs from the Ethereum network. We mention them to you below: Mintable: Backed by Mark Cuban, it is a platform for buying and selling NFTs that is working to become an open marketplace, similar to Open Sea. It uses the Ethereum network but one of its advantages is that it allows you to create them without charging gas and you only need to connect your cryptocurrency wallet Rarible: It is considered the second-best platform to buy and sell NFT after Open Sea. It has a clean and clear interface, which makes it possible to know which NFTs are trending and an area to explore topics you like. The platform not only makes it possible to market or sell NFTs but for creators, it even makes it possible to get royalties of up to 50 percent on future sales (although 5 or 10 percent is common). Ethernity: Ethernity is a platform that makes it possible to market exclusive and reduced-version NFTs, with a particular focus on sports, such as soccer or soccer. Ethernity provides 2 mechanisms to market an NFT: an auction or if an owner of one that has been traded on the platform wishes to sell it. The platform keeps 75 percent of the sale price, both of which are given to the artist. There are personalities such as Messi or Luis Suarez on this platform. OpenSea: OpenSea, which defines itself as the largest NFT platform, gives a diversity of non-fungible tokens, such as artworks, domain names, and collectible cards, among others. Digital objects comply with ERC-721 and ERC-1155 standards – which endorse veracity and exclusivity – in collections such as Axies, ENS (Ethereum Name Service) domain names, CryptoKitties, and Decentraland, among others. In addition to auctions, Open Sea makes it possible to sell items at fixed costs. Valuables:  This has been the platform of choice for Twitter founder Jack Dorsey to auction the first-ever tweet for $2.9 million. You can check ongoing auctions or enter the link to any message and rule whether you want to sell it or buy it. Conclusion: We hope this post has helped you learn about a few extra options to what the Open Sea and Rarible are. But as we always remember that this post is not an investment recommendation, it is up to each one of us to do our research to taste where it is more convenient for us to invest.

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funkoxgot

Funko x Game of Thrones Digital Pop Packs

Funko has teamed up with Game of Thrones to bring the Mother of Dragons from wax to digital. On October 4 at 18:00 UTC, Funko released Series 1 of their Game of Thrones Digital Pop! packs. Find your favorite characters like: Jon Snow Tyrion Lannister The Hound Daenerys Targaryen Which will arrive digitally bringing with them six exclusive physical collectibles. What is the release like? Funko drops always take place at 18:00 UTC via the Droppp platform, and the Game of Thrones drop took place on October 4. The queue always starts an hour earlier, at 17:00 UTC, so for an upcoming drop, it’s worth joining as early as possible. At 18:00 UTC, the queue will be randomized so everyone has a fighting chance. How much do the packs cost? There are two types of packs available: Standard Packs (5 NFTs): $9.99 USD. Premium Packs (15 NFTs): $29.99 USD Payment can be made by credit/debit card, Apple Pay or Google Pay. What do the packs contain? Each pack contains a variety of Digital Pop! Cards which we can find in 8 possible rarities, with a slightly higher probability of pulling a Premium Series NFT. For rarity odds, visit the Digital Funko website. Next, the way to get a physical version of the pop is as follows: With a Legendary or Grail NFT, keep it until February 1, 2023, and you will get a token that you can exchange for a physical version. If you manage to complete your Royalty Collection (obtained by getting one of each of the Common, Uncommon, Rare, and Epic Digital Popes in this edition) you will also be able to redeem an exclusive physical Jon Snow Wild from the 4,500 available. For the latest information on future NFT releases from Funko, join their Discord, follow their Twitter feed and visit their website.

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veefriends

Veefriends the NFTs that became toys

Characters that were born as NFTs are now being sold in physical form at two iconic toy merchandising sites: Macy’s and Toys “R” Us.  VeeFriends revealed that its physical collectible plush and vinyl characters will be sold exclusively at Macy’s and Toys “R “Us. Veefriends ranks 20th in terms of all-time NFT collection sales, with about $240.15 million in sales as of the collection’s launch. You can pre-order now Everyone has the ability to pre-order by taking advantage of the Macy’s mobile app, at each Toys “R” Us location, and through the shop.befriends.com website. The Characters There are different characters that we can find them starting at $9.9 in surprise form as a loot box, plushies at $24.9, and vinyl collectible figures at $29.9. The characters are: Common Sense Cow. Willful Wizard: Mago Obstinado Practical Peacock: Pavo Real Práctico Gratitude Gorilla: Gratitud Gorila Genuine Giraffe: Jirafa Genuina Be The Bigger Person: Sé la persona más grande You will be able to know their stories when you acquire them. If you own the NFT you can get it for free. In addition, according to the report, pre-existing Veefriends NFT holders are eligible for a free physical figure. “Veefriends wants to bring value to our NFT community: not only will they get first access to claim the collection, but they will also get priority access to in-store events,” commented Andy Kraniak, president of Veefriends.

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NFTs

What can be converted into NFTs?

As we have mentioned before in our blog posts, we identify NFTs as non-tangible assets that can be bought and sold. It is the market and people who attribute a value to them even though they are not objects or services but simply fully digital assets that do not deteriorate through use and can be replicated without deterioration, these can be anything from a meme, an MP3, a skin for a video game. Imagination is our only limit. That is why we will show you a list of the most curious NFT to demonstrate that anything can be: The first-ever tweet. The flying cat meme: Nyan Cat “Morons white” by Banksy. Daft Punk by Lohan. The first NFT album is the new work of the rock band Kings of Leon. Virtual furniture. Shoe filter. Gucci sells virtual sneakers in NFT format. Time covers. Artwork Everyday: The First 5,000 Days, the most expensive NFT ever sold. The doodle of a bridge. Pringles and Taco bell with cyber flavors and taco gifs. Coca-cola with their friendship boxes. Conclusion: NFTs are undoubtedly big e-commerce and virtual commerce trend where huge amounts of money have been moved. There are already many different collections as well as many unique items that are available in the form of NFT, if you have a great project idea contact us and we can help you. Imagination is the only limit.

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meta-crossposting

Meta introduces NFT crossposting and shareability on Instagram.

Meta, the company in charge of social media on Facebook and Instagram, announced another advancement in its digital arts initiative. As of this September 29, users in 100 countries on both platforms can connect portfolios and share NFT. Users will now be able to tag creators and collectors and post-digital collectibles across platforms without having to pay any fees. This feature had been in testing since last August, where some users could have the opportunity to share digital collectibles they own on Facebook and Instagram. The company now has support for third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet, along with support for Ethereum, Polygon, and Flow blockchains. Several Twitter users expressed concerns about the security and privacy of data shared when connecting their digital wallets to Meta’s platform at the time as a data breach had occurred. With Meta entering the NFT market, we would now have 3 of the major social networks allowing their users to share NFTs and we hope this move will give many people the opportunity to enter this world.

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Who is BEEPLE?

With the NFTs, new artists emerged who sell their digital works for incredible amounts, this is the case of Beeple. Where did he come from? Beeple is the artistic name of Mike Winklemann who is a 39 years old graphic designer who lives in Northern California, he has made graphic works for great artists of the show business like Justin Beiber and Shakira, in the same way, some of his works were incorporated into the spring collection of Louis Vuitton and on the other hand, he worked in campaigns of great events of Apple, SpaceX, Nike, and even the Super Bowl. But despite this impressive list of work Winklemann thought he could earn more by selling digital material on the internet. Someone told him about NFTs and how they ensure that a digital file is not interchangeable and has an identity of its own and a possibility of authentication. How did you get started with NFTs? Winklemann became very interested in NFTs because they were a perfect fit for what he wanted to do, so he started researching how they work, engaging with artists in this medium to taste everything in depth. Once he had gathered the information he started working on his own NFTs and in December he put 21 NFTs on sale for one day at the price of one dollar, those who had the opportunity to buy them immediately began to sell them, achieving a price of half a million dollars in one week. Being an NFT a portion of each sale goes into Winklemann’s pockets, this further encouraged him to continue creating his artistic works. His masterpiece Thus came his largest project called every day’s – The First 5000 Days, which was a work of 21,069 x 21,069 pixels that brought together 5,000 images creating a collage, each image was daily for just over 13 years according to the author “the individual pieces are arranged in a loose chronological order: zooming in reveals images that are abstract, fantastic, grotesque or absurd, deeply personal or representative of the present day. Recurring themes include society’s obsession with and fear of technology; the desire and resentment of wealth; and America’s recent political turbulence.” The work was auctioned at Christie’s with a starting price of 85 euros and over the course of the day, it achieved a record 57 million euros, making it the third most expensive work of art ever auctioned at Christie’s by a living artist. Undoubtedly this fact made a difference in the art world NFT.

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crypto-and-real-state

NFT and real estate

The Propy platform auctioned the first NFT property and achieved $93,000: this transaction will revolutionize the real estate market. The significance of the process is as follows, the property’s Ethereum-based NFT, which stores smart contracts, includes those lines of code that describe the set of rules that must be followed before it can be unlocked and money can be transferred. For those familiar with real estate, smart contracts may resemble the receivership of an NFT property, which represents a legal agreement in which a third party temporarily stops the transfer of money or property until a special condition is met. Selling a property in NFTs: the future of electronic contracts? As NFTs are ultimately digital certificates, they also certify ownership, which facilitates the digital transfer of your ownership rights to the new owner. Subsequently, the sale is recorded on the Ethereum blockchain, thus minimizing paperwork and avoiding a transfer of ownership through a conventional act, in which case NFT certificates minimize paperwork. Once the process is completed, the new owner of the NFT becomes the owner and, therefore, of the asset itself, as this process is repeated each time the NFT is attached to the asset. Conclusion Not only can NFTs help ‘tokenize’ property by simplifying contracts, but they can also help homeowners use their homes as collateral for loans without the complicated approval process.

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tora-NFT

Rabbis turn the torah into an NFT

The Torah is on its way to becoming an NFT on Ethereum. This great book is divided into 54 parts which are known as Parashah is going to be converted into a collectible token. Where the idea came from: The creators of this NFT have made this decision because they see the Torah as if this is the original and oldest blockchain in the whole world. Starting from the definition of a blockchain, the rabbis cite that the Torah has been passed down uninterruptedly from generation to generation for some 3,000 years. Tangibilizing immortality The features and properties of NFTs, built on blockchain, have the potential to cannibalize the religion of immortality. Just as in other faiths, in Judaism there is the religion of life after death, so immortality can make sense in blockchain as the function of being preserved and remaining in all time. Through the Torah, we connect our present generation and the past generation. What is the purpose of this? The plan for these collectible tokens is that they have the potential to be used as a gift, to honor an esteemed one, or to consummate, through their purchase, the commandment to cooperate with the writing of a Torah scroll. Another reason why they were encouraged to tokenize the Parashas as NFTs is to raise funds to finance the construction of novel physical copies of the Torah, since in general the creation of a physical scroll of this book with kosher certification, indicates that it respects the ceremonial prescriptions of Judaism that should be carried out with certain particular properties, is very expensive, ranging from 30,000 to 100,000 dollars. Up to now 6 quantities of the Torah already remain in the commercialization of OpenSea. The designer of these NFTs after finishing her conversion process to Judaism, in the early 2010s, elaborated some artworks with Judaic themes, as part of the D’rash Design Plan. Conclusion: The fact that something like this is happening is that already things like religion are going to be able to be immortalized in the crypto world since, in the very characteristics and properties of NFTs, built on blockchain, they can tangibilize the religion of immortality. Just as in other faiths, in Judaism there is the religion of life after death, so immortality can make sense in blockchain as the function of being preserved and remaining in all time. Another example of God and cryptocurrencies is one in which a message from the New Testament has been integrated into the 666,666 blocks of the Bitcoin blockchain. Maybe with these examples, more religions will be encouraged to enter the crypto world.

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NFT-begins

Where did NFT came from?

NFTs have been big business nowadays, many things have already been sold as such, from the first tweet to the New York Times articles (sold for half a million euros) to Marco Montemagno’s photos. According to Glitch CEO Anil Dash, the whole story of NFT began as an elaborate project for a hackathon (an event in which experts from different fields of computer science participate in various capacities) that had paired artists and programmers. What was its beginning? It was 2014, Dash writes when he was paired with digital artist Kevin McCoy on that project. We were at the height of Tumblr culture. A bustling and inspiring community of millions of artists and fans shared images and videos without attribution, compensation, or context. A solution to that problem became the seed of their idea. McCoy and Dash had created an early version of a blockchain-compatible means of claiming ownership of an original digital work. So they gave our creation an ironic name, not an acronym like NFT. They called it monetized graphics. Neither Dash nor McCoy patented the idea, although McCoy spent some later years evangelizing it. But both envisioned their creation as a way to give artists more control over their work. The technology would allow artists to exercise control over their work, sell it more easily, and protect themselves more strongly against others not authorized to appropriate it. Proto NFT approach The “proto NFTs” conceived by Dash and McCoy are fascinating because they are explicitly artist-oriented and not necessarily as interested in profit, unlike the NFT market we have now. McCoy, on the other hand, created ‘Quantum’ which is considered to be the earliest known NFT and one of the most historically important examples of crypto-art. The work of Kevin McCoy, a New York digital artist, simply depicts an animated geometric figure on a black background that keeps changing shape and color. It was created in May 2014. NFTs journey: NFTs have benefited artists, but this technology evolved much more, being many companies that have entered this world making different campaigns and more and more people are entering with new ideas of how to reward many people in this world.

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copyright-NFT

NFTs as tokenised copyright licenses

Alibaba launched a new marketplace that makes it possible for brand owners to sell non-fungible tokens (NFTs) on a blockchain that allows them to sell tokenized licenses of their intellectual property, marking another foray into blockchain technology by China’s giant tech organizations. This new marketplace dubbed “Blockchain Digital Creator Asset and Rights Trading” can be entered through Alibaba’s auction platform. Backed by the Sichuan provincial regime the NFTs launched through the platform will be issued on the “New Copyright Blockchain”, a larger shared ledger technology platform which managed by the Sichuan Blockchain Society Creator Rights board. According to the South China Morning Post (SCMP) news publication, the marketplace expects to target: Writers Musicians Artists Game developers. Allowing them to sell the rights to their content via blockchain. Even though the technology itself does not prevent unauthorized copying, the sales integrate full ownership of the works purchased through the platform. NFTs became an entirely new form of digital business and investment earlier this year and continued to increase to new highs in the second quarter Many of the organization’s subsidiaries have already adopted the non-fungible tokens, as the financial technology firm sold 8,000 small-version NFTs based on 2 artworks to commemorate the ancient Dunhuang cave art, as an example of this we have the e-business platform Taobao, exhibited an NFT for the first time at its annual Maker festival, which celebrates Chinese art and entrepreneurship. Alibaba Group also unveiled its own NFT plan. Using a new standard called ARTIFACT, readers will be able to own and exchange historical parts of stories such as the handover of Hong Kong to China on July 1, 1997.

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