logo

Non-Fungible Tokens (NFTs) 201

PDF Publication Title:

Non-Fungible Tokens (NFTs) 201 ( non-fungible-tokens-nfts-201 )

Previous Page View | Next Page View | Return to Search List

Text from PDF Page: 002

Non-Fungible Tokens (NFTs): 201 REGIONS ASSET MANAGEMENT monetize their work. Non-fungible tokens provide creators the chance to acquire value in unparalleled ways for their efforts. Middlemen and intermediaries abound in the creative industries, taking huge chunks of artist's earnings in exchange for distribution, marketing, or scale. By enabling its creator to convert an electronic file into unique smart contracts, an NFT verifies and tracks the digital asset’s original provenance, and ownership trails as the asset changes hands. In simple terms, NFTs can be thought of as the first edition of a book signed by the author. The author can create multiple copies of a work or a single piece-whoever then owns it can only transfer it and never replicate it. Original artists can now use NFTs to monetize their music, eliminate the costs associated with copyright procedures, and ensure that they receive royalties each time their work is sold in the secondary market. This is terrific news for both the sports and music industries. With NFTs, musicians and players may keep around 80-90% of revenues, thereby eliminating piracy and the need for expensive gatekeepersIII. Artists can now utilize NFTs to monetize their brand and fan following. This will allow artists to bridge the gap between the value of their labor and the price they are actually paid. 'Kings of Leon' was the first band to release an NFT album, "When You See Yourself," in 2021. Because of their celebrity status, well-known musicians may appear to have the ability to sell NFTs for a hefty premium. As it stands now, NFTs are more of a novelty that people buy for bragging rights. As a result, well-known musicians may very easily create and sell their music on a variety of exciting platforms, as well as to a select group of diehard fans at a reasonable price. Although the benefits to new and emerging artists may be less obvious, NFTs have the potential to enhance ties between musicians and their audience, in which fans may start collecting royalties in perpetuity and be rewarded for supporting music if they own a portion or a whole NFT. This phenomenon would aid in the launch of new campaigns and the promotion of their music. NFTs allow creators to define scarcity, making digital assets seem more valuable. The notion of Augmented Reality (AR) has been gathering steam in the NFT market. Through AR, creators can add more depth and context to any digital artwork. In essence, AR allows digital content to be combined with the virtual world. Krista Kim, a contemporary artist, recently sold the world's first 3D produced digital model of Mars House as an NFT for over $500,000IV. Similarly, the Decentraland foundation sold a piece of virtual land for more than $900,000 in the blockchain-based online worldV. The buyer of virtual real estate gains the authority to upload the file into the metaverse (3D immersive world) that allows users to interact with digital estates. People may travel around, visit sites, and even virtually interact with their NFT art collections in these virtual environments. As we talk about the virtual possibilities of real estate deals on NFTs, we should not overlook the potential impact of NFTs on tangible real estate deals. NFTs imprint a unique record on the blockchain and enable anything to be tokenized. The NFT is similar to a deed in real estate transactions in many respects. Deeds serve as confirmation of title, terms and conditions, and a basis for purchasing and selling property. Smart contracts may eventually function as a one-stop shop for real estate transactions by performing all those functions, and they can even offer better value by automating inefficiencies in the legal and real estate world. NFTs provide irreversible ownership confirmation in a digital format which is a huge step forward in terms of process automation. Furthermore, real estate investors may one day utilize NFTs to offer title insurance for both banks and transactional parties. Decentralized finance (DeFi) based on blockchain technology may even open the door to innovative lending and borrowing techniques through virtual real estate leasing. Source: Nonfungible.com 2

PDF Image | Non-Fungible Tokens (NFTs) 201

non-fungible-tokens-nfts-201-002

PDF Search Title:

Non-Fungible Tokens (NFTs) 201

Original File Name Searched:

721-Non-Fungible-Tokens.pdf

DIY PDF Search: Google It | Yahoo | Bing

NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info

IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info

Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info

Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info

Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info

NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info

Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info

CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP