NFTO will realize the efficient connection between blockchain technology and works of art
Silverdale, Washington, May 30, 2021 (Global News Service) – Recently, the NFTO announced a major breakthrough in promoting NFTization and blockchainization of the world’s best works of art. NFTO Coin NFTO One is backed by the underlying world-famous public chain Ethereum technology, combined with the world’s largest distributed data storage system BitTorrent, to develop an NFT-based and blockchain-based blockchain project dedicated to best works of art in the world. The activities of the NFTO include sponsoring art museums, organizing art exhibitions or publications, creating prizes, supporting artistic creation and art criticism, and creating related art collections. NFTO enables small businesses to build their own NFT shopping mall without coding, helping NFT authors easily publish NFTs and detect counterfeit / similar content to protect copyright; it provides a platform for NFT collectors to transact at low cost. NFTO’s vision is to become ARK Ark’s flagship project in the field of NFT, to become a bridge between the world’s top artists and blockchain, and to support the growth of local NFT artists in the crypto world. To NFTO values, let art come back to the public.
The creation of NFTO is against the backdrop that NFT has become an upsurge in the industry, blockchain technology continues to develop, integrate into the real world, and build ever deeper connections. There are currently three application scenarios in the blockchain industry: one is the value transfer scenario; the other is a collaborative scenario; and the third is the evidence storage scenario. NFT combines these three scenarios and their particularities. NFT is not only a new upsurge in blockchain, it is also very likely to become a breakthrough for the industry to break the bottleneck and be successful. To NFTO will explore and promote the actual implementation of blockchain in different application scenarios through the practice of blockchain technology in the field of NFT, and use well-known traditional artwork and artwork. NFT well known as underlying assets to improve industry and government standards NFT. departments, universities, lawyers and industry elites to support the introduction of relevant industry governance policies and promote the healthy development of the industry. In addition, the project will further improve its own construction, publish project progress every month and publish the audit report every year. Industry professionals are welcome to supervise.
Introduction to the project pass
NFTO Token Name: NFTO
Base chain: ETH
Protocol standard: ERC20
Release date: 2021-05-25?
Targeted Issuance Platform: Huobi and Other Mainstream Digital Currency Exchanges
Planned issue: 10,000,000,000 NFTO Issue mechanism: artist cooperation, 30%, 3,000,000,000; Parachuting and mining Defi, 19%, 1,900,000,000; Team holding, 19%, 1,900,000,000; Initial listing, 2%, 2,000,000, 000, 000 pieces; purchase of NFT works, 20%, 2,000,000,000 pieces; partners, 10%, 1,000,000,000 pieces.
The NFTO project team is made up of practitioners with extensive experience in blockchain, finance, art, and other fields and with backgrounds in financial management overseas. They work in major investment banks and investment institutions such as Fidelity and Nomura. Members are mostly traditional artists such as Christie’s and Sotheby’s. Industry practitioners.
NFTO is supported by the underlying technology of the world-renowned Ethereum public channel, coupled with the world’s largest distributed data storage system BitTorrent, as well as the ERC-721 / TRC-721 protocol, which not only maximizes safety, but also globally Quickly improve the efficiency of the art products market.
The technical logic to achieve the NFTization of works of art is as follows: after digitizing the directly generated digital works and traditional works of art, the relevant information such as author, time of creation and the work itself are packaged and written to the decentralized storage system BTFS. Then write the address stored in the smart contract in the ERC721 / TRC721 standard on the blockchain to generate a unique token. Because the creator and the digital file are permanently linked, uniqueness and authenticity are guaranteed.
NFTO is a project dedicated to linking blockchain technology with works of art to achieve the popularization of art. The traditional art market is very valuable. With the blessing of blockchain technology, art and art can be NFTized. Assets have grown considerably. The project is supported by world famous works of art such as Picasso and Andy Warhol as assets, and is powered by Ethereum technology. It is a living example of the realization of blockchain technology to strengthen the real economy. As an NFT of NFTO, it has the connotation of natural growth value. As the value of works of art has increased, their value has steadily increased. It is the most worthy investment project in the field of digital currency. The market outlook is very good. It cannot only ensure short-term value preservation. In the long term, the added value has the potential for substantial growth.
Company: NFTO Co., Ltd.
Contact: Yan Sendun
Telephone: +1 24020200
E-mail: [email protected]
Address: 3901 Mutton Town Road, Silverdale, Washington
source: NFTO Co., Ltd.