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We are here to build to engage, partner, incubate, and develop Non-Fungible Tokens. We are an on-ramp into NFTs. We engage, assist and partner entreprenuers to develop NFTs assets. We provide a unique public company investment opportunity that removes friction in the investment process in NFTs.
We are at the dawn of a new era in alternative investments.
Our mission is to simplify development of NFTs assets investment.
We will take a thematic approach to building a suite of relationships with entrepreneurs, investors and shareholders in the NFTs space.
Our team includes proven experience at creating, scaling and financing businesses in both the crypto and fin-tech space.
This blend of operational and capital markets expertise provides a unique mix of skills in the identification, acquisition and nurturing of opportunities in the nascent but expanding sector of NFTs.
Non-fungible tokens (NFTs) are a special class of assets on the blockchain characterized by being unique and non-interchangeable with one another for equal value. An NFTs is different from cryptocurrency in that it is difined by metadata that builds-in a role, function, and value that are unique to it.
The creation of Bitcoin introduced the concept of trustless, digital scarcity. Before it, the cost of digitally copying something was next to nothing. With the advent of blockchain technology, programmable digital scarcity has become possible – letting us map the digital world to the real world.
Non-fungible tokens (NFTs), often referred to as crypto collectibles, expand this idea. Unlike cryptocurrencies, where each token is equal, non-fungible tokens are unique and limited in quantity.
NFTs are a key building block in a new, blockchain-powered digital economy. Numerous projects have experimented with NFTs in a variety of use cases, including gaming, digital identity, licensing, certificates, and fine art. What’s more, NFTs even allow for fractional ownership of high-value items.
NFTs have become much easier to issue, and we’re seeing increasing amounts minted daily. This article will dive into what NFTs are, what they can be used for, and how a game called CryptoKitties congested the Ethereum blockchain in late 2017.
A non-fungible token (NFT) is a type of cryptographic token on a blockchain that represents a unique asset. These can either be entirely digital assets or tokenized versions of real-world assets. As NFTs aren’t interchangeable with each other, they may function as proof of authenticity and ownership within the digital realm.
Fungibility means that an asset’s individual units are interchangeable and essentially indistinguishable from each other. For example, fiat currencies are fungible because each unit is interchangeable with any other equivalent individual unit. A ten-dollar bill is interchangeable with any other genuine ten-dollar bill. This is imperative for an asset that aims to act as a medium of exchange.
Fungibility is a desirable property for currency because it enables free exchange, and theoretically, there is no way to know the history of each individual unit. However, that isn’t a beneficial trait for collectible items.
What if we could create digital assets similar to Bitcoin but instead add a unique identifier to each unit? This would make each of them different from all the other units (i.e., non-fungible). Essentially, this is what an NFT is.
There are various frameworks for the creation and issuance of NFTs. The most prominent of these is ERC-721, a standard for the issuance and trading of non-fungible assets on the Ethereum blockchain.
A more recent, improved standard is ERC-1155. It enables a single contract to contain both fungible and non-fungible tokens, opening up a whole new range of possibilities. The standardization of the issuance of NFTs allows a higher degree of interoperability, which ultimately benefits the users. It basically means that unique assets can be transferred between different applications with relative ease.
Binance Smart Chain (BSC) has its own NFT standards: BEP-721 and BEP-1155. These two provide similar functionality to the previously mentioned Ethereum standards. Both have become attractive for creators looking to mint NFTs as the cost is substantially lower than Ethereum.
If you are looking to store and gaze upon the beauty of your NFTs, you can do that in Trust Wallet. Just like other blockchain tokens, your NFT will exist on an address. It’s worth noting that NFTs can’t be replicated or transferred without the owner’s permission – even by the issuer of the NFT.
NFTs can be traded in open marketplaces, including Treasureland, BakerySwap, Juggerworld on BSC, and OpenSea on Ethereum. These markets connect buyers with sellers, and the value of each token is unique. Naturally, NFTs are prone to price changes in response to market supply and demand.
But how can such things have value? Just like with any other valuable item, the value isn’t inherent to the object itself but is rather assigned by people who deem it valuable. In essence, value is a shared belief. It doesn’t matter if it’s fiat money, precious metals, or a vehicle – these things have value because people believe they do. This is how every valuable item becomes valuable, so why not digital collectibles?
NFTs can be used by decentralized applications (DApps) to issue unique digital items and crypto-collectibles. These tokens can either be a collectible item, an investment product, or something else.
Gaming economies are nothing new. And since many online games have already had their own economies, using blockchain to tokenize gaming assets is taking only a step further. In fact, the use of NFTs could potentially solve or mitigate the common problem of inflation that many games have.
While virtual worlds are already flourishing, another exciting use of NFTs is the tokenization of real-world assets. These NFTs can represent fractions of real-world assets that can be stored and traded as tokens on a blockchain. This could introduce some well-needed liquidity to many markets that otherwise wouldn’t have much, such as fine art, real estate, rare collectible items, and many more.
Digital identity is also a sector that can benefit from the properties of NFTs. Storing identification and ownership data on the blockchain would increase privacy and data integrity for many people around the world. At the same time, easy and trustless transfers of these assets could reduce friction in the global economy.
Creating your own NFTs on either BSC or Ethereum is a simple process offered by numerous platforms and NFT exchanges. All you need to get started is some crypto to pay your minting fee and something to turn into an NFT. You’ll also need to choose between minting your NFT on Ethereum or Binance Smart Chain.
Ethereum has traditionally been the home of NFTs and their development. It has a large user base and well established NFT community, but transaction fees are very costly. This makes small purchases, sales, and transactions costly for users. BSC is a newer blockchain but has already seen a lot of growth in its NFT markets. Transactions are also much cheaper.
Our guide on How to Make Your Own NFTs will teach you the process of turning your creations into non-fungible tokens.
Our company strives to be the most trustworthy and secure NFTs investment company. Finding and eliminating current vulnerabilities is a top priority. Our company is highly values our partnership with the vulnerability hunting community and as such we ensure all reports are reviewed by security experts and acted upon appropriately.
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