Tag: NFT Platform
OpenSea Disables Features Temporarily As Contract Migration Completes
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A Bold Plan to Mint One NFT for Every Person in the World
WILMINGTON, DE - February 22, 2022 - A social experiment concocted by Dutch artist Dadara and NFT digital rights management platform RAIRtech has resulted in the creation of 7.9 billion digitally identical NFTs of CryptoGreyman. While physically, the NFTs all look the same, each carries its own serial number - a commentary on the way in which people are viewed in the centralized corporate world; generalized to numbers.
In a sea of NFTs that artificially create scarcity by imposing ‘rare' traits, limited collections, and exclusive communities, the identical CryptoGreyman NFTs - available for purchase for 1 MATIC (~$2.05 USD) - seek to be the opposite.
“I see this as a dead serious prank, which can rattle the cage of consensual reality and elevate conversation. It's an experiment with an unpredictable outcome,” said artist Dadara. “No one specific NFT is better than another, and because the minting price is widely accessible it will be interesting to see what value each individual CryptoGreyman holder brings.”
The NFTs feature the Greyman character, originally created by Dadara in the 1990s, but have been given a pixelated, web3 makeover. The NFT's only unique characteristic is the serial number, which is given out in sequential minted order. The project is a commentary on the way that government and corporate society have stripped people of their individuality, often reducing them to numbers and statistics, which is paralleled by the unrelenting pressure that social media has put on people to be radically unique. By launching CryptoGreyman, Dadara hopes to raise conversation on the potential in the decentralized Web3 space to create a more honest form of individuality, by putting the users first.
“This year this whole NFT “status symbol” idea has really developed, to the point where people will spend hundreds of thousands of dollars on a Bored Ape NFT or other PFP projects and will use that piece of digital uniqueness as what defines them. This project is more democratized, the barrier for entry is intentionally low,” said Garrett Minks, CTO of RAIRtech. “When a person purchases a CryptoGreyman, that attached serial number is theirs. That number, if they chose to keep it, will be theirs until the end of time, or the blockchain ceases to exist.”
This project is not only a statement piece, it also brings real-world benefits to refugees. The project has teamed up with non-profit Movement on the Ground, an organization that seeks to dignify refugee reception across the globe. RAIRtech is placing 2,222 of the most coveted numbered NFTs in a treasury. Movement on the Ground will disperse those reserves as part of an educational program that teaches refugees how to set up a wallet and sell their NFTs, enabling the start of their new lives with a wallet that can travel with them anywhere.
The cause was chosen because one of the largest issues that refugees face is the struggle to obtain proper forms of identification needed to seek refuge. Often refugees and asylum seekers are seen by countries and governments not as people who have fled unimaginable situations not of their own making, but rather as piling paperwork on a desk.
Polygon will provide the Layer 2 solution and will mint the drop, which is slated for February 22nd at 2:22pm EST. Each NFT will cost 1 MATIC ($~2 USD).
ABOUT RAIRtech
RAIRtech (https://rair.tech/) Is a blockchain-based, distributed digital rights management platform that enables streaming NFTs. Currently the NFT marketplace supports public-facing images whose ownership is proven on the blockchain. With RAIR you are able to take this same NFT and attach a video, song, document or data to it. RAIR uses a decentralized key management node system to allow anyone to create NFTs that are tied to the underlying content, while also providing NFT minting, royalties & metadata management. With RAIR, creators can turn any type of media into an encrypted, access-controlled file that is accessible on any type of browser, making any digital file scarce and therefore valuable.
MEDIA CONTACT: Transform Group, [email protected]
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Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales – Blockchain Bitcoin News
This week, Axie Infinity, the blockchain-based on-line online game crafted by the Vietnamese software program studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) gross sales. Currently, the play-to-earn (P2E) recreation launched in 2018 is the third-largest NFT platform when it comes to all-time gross sales. The Sky Mavis Crafted Blockchain Game Axie […]
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Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales
Visit Blockchain Ireland – Feb 22nd!
Blockchain Ireland is taking place next week, and as it’s a virtual event, the whole world is welcome!
The post Visit Blockchain Ireland – Feb 22nd! appeared first on Crypto-News.net.
KOLO is rising as Dark Horse in the NFT Platform since its first auction
KOLO, a decentralized NFT platform incubated by KUKE, maybe the first classical MUSIC NFT platform, which has held its first auction. From Jan. 20th to 21th in 2022, after two days for bidding, the first NFT auction has fetched a total of 10,395.37 BUSD, which is about nine times the opening bid. Recent NFT sales […]
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The Wild West: NFT Copyright Infringement is Getting Worse
Copyright infringement, wash trading and other minor to major issues have put NFTs in a gray-zone. Continuous legal problems may potentially cause a number of unfavorable effects on the growth of NFTs as well as their future. Previously, the US-based NFT marketplace Cent officially suspended all transactions of blockchain-backed digital arts on its platform in [...]
The post The Wild West: NFT Copyright Infringement is Getting Worse appeared first on Blockonomi.
ConsenSys Mesh introduces new advanced NFT standard: TreeTrunk
Tomorrow, Ethereum co-founder Joseph Lubin’s blockchain incubator, ConsenSys Mesh will introduce its new NFT platform TreeTrunk.io at the ETH Denver developer conference. Launching in a beta release on the Polygon Network’s Mumbai testnet, TreeTrunk presents a new smart contract that, for the first time in the Ethereum ecosystem, collects and distributes royalty payments from the […]
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