This presentation explains, what is NFT, what is art NFT, History of it and how it become famous.
One can easily understand NFT Marketplace and understand the crypto relation.
2. NFT
ï” What is NFT?
ï” What is Art NFT?
ï” History Art NFT.
ï” Why Art NFT Marketplace is worth?
ï” How can you create your own
cryptocurrency/token for NFT Platform?
ï” Other NFT Applications.
3. NFT
ï” NFT stands for Non-fungible Token. It represents digital assets that are diverse from each other
with Identification codes. A unit of data stored on a digital ledger namely Blockchain certifying a
digital asset to be inimitable or unique ensuring it is not interchangeable is termed as Non-
Fungible Token (NFT).
4. Art NFT
ï” Non-fungible token (NFT) based artwork are
digital assets that are validated and maintained
on the Blockchain. Using smart-contract
technology, the provenance and ownership of
artwork are guaranteed. In addition, artists can
continue to receive royalties from their artwork
long after being sold, with most platforms
offering payments in perpetuity.
5. History of Art NFT
ï” The history of NFTs and the man who first created one, Kevin
McCoy, began on May 3rd, 2014. He minted his non-fungible
token âQuantum," way before the crypto art market exploded.
ï” The term CryptoArt brings up a mix of emotions depending on
who you ask. CryptoArt, and NFTs, combine the worlds of time-
based media art, backed on the Blockchain, decentralized,
provably scarce and authentic, and most importantly pro-artist.
6. 2013
2014
2015
2016
ï” The idea of NFTs emerged from what is called a âcolored coinâ,
initially issued on the Bitcoin Blockchain in 2012.
ï” In 2014 Robert Dermody, Adam Krellenstein, and Evan Wagner
founded Counterparty, a peer-to-peer financial platform and
distributed, open-source internet protocol built on the Bitcoin
Blockchain.
ï” In April 2015 Counterparty partnered up with the team creators
of Spells of Genesis.
ï” In August 2016 new trends began to emerge. Counterparty teamed
up with Force of Will, a popular trading card game, and launched
their cards on the Counterparty platform.
7. 2016
2018
2021
ï” In 2016, memes entered the Blockchain. In October of 2016,
memes started to make their way onto the Counterparty
platform. People started to add assets to a particular meme
called âRare Pepesâ â Frog.
ï” As Rare Pepes trading picked up, John Watkinson and Matt
Hall, the creators of Larva Labs, created unique characters
generated on the Ethereum Blockchain.
ï” Between 2018 and 2021 NFTs slowly move into public
awareness before exploding into mainstream adoption in
early 2021.
8. Is Art NFT Marketplace is worth?
ï” Many artworks do appreciate in value, but giving that art authenticity of the Blockchain
technology makes NFT very very special.
9. Other NFT Applications.
Identity Management
Virtual Assets
Music and Media
Gaming
Real World Assets
Event Tickets
Domain Names
Collectibles
10. How to create own NFT Marketplace?
ï” Here comes into the picture development firms like us.
ï” NFT marketplace is developed over Blockchain technology.
ï” For the same, you need solid, experienced and perfect blend of developers and designers.
âSingle mistake in Blockchain can cost you worth millionsâ
For more details please click on below link:
https://www.rwaltz.com/services/nft-market-development
11. Features of RWaltz
for NFT Marketplace Development
Wallet Integration Trading Ability
Liquidity
Indivisible
NFT Smart Contract Ranking and Filters
For more details please click on below link:
https://www.rwaltz.com/services/nft-market-development