Best Utility NFTs (1) - PowerPoint PPT Presentation

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Best Utility NFTs (1)

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CounterTEN is the Best Utility NFTs. CounterTEN is the only NFT platform to allow Brands to design, create and download NFTs directly to mobile wallet, and verify them using a QR code. Our secure platform provides brands with a new way to engage fans by creating collectible assets and experiences. – PowerPoint PPT presentation

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Title: Best Utility NFTs (1)


1
How NFTs Will Revolutionize the World
2
  • According to Google Trends data, the search
    volume on Google for the keyword NFT is
    equivalent to 25 of the highest volume reported
    during the last 12 months for the keyword
    Bitcoin'. This is why artists, singers and even
    painters have decided to migrate their creations
    to the world of NFTs after knowing all the
    benefits that this implies.
  • In short, an NFT (or non-fungible token) is an
    asset whose main qualities are that it is unique
    and unrepeatable. To convert a work of art into a
    non-fungible token, the following variables must
    be taken into account

3
  • First of all, in the case of a physical painting
    or photograph, the artist is recommended to
    digitize it with a good quality scanner, which
    can be obtained from printers or specialized
    printing companies. All to obtain a digital copy
    with excellent quality. If the piece of art is a
    sculpture, the authors can opt for a 3D scanner
    to create their digital replicas of the work.
  • On the other hand, once the art is digitized, the
    artist can do the retouching to correct the
    needed details after the scanning process. At
    that time, the author must declare his work as
    unique and can do so with both physical and
    digital pieces. In expressing both, he will have
    the possibility of offering the pack or selling
    both separately.

4
  • The other option that the author has is to
    declare the digital work and destroy the physical
    one so that it is a unique piece. On the other
    hand, the author can also destroy the physical
    piece, record the process and then sell it in
    combo with digital art to guarantee the
    originality and exclusivity of the work.
  • NFTs (Non-Fungible Tokens) are intangible assets
    that are not consumed with their use but are
    unique. Therefore it is irreplaceable, and it
    represents a monetary value. But let's go in
    parts. A banknote is a replaceable good, which
    can be exchanged for other identical banknotes or
    for several that add up to an equivalent value.
    On the contrary, a piece of art is a unique
    object that cannot be replaced by another and
    represents a monetary value.

5
  • What is the function of NFTs?
  • An NFT is a digital asset validated by a shielded
    digital contract that guarantees its ownership
    and authenticity. Best Utility NFTs take digital
    work to the next level, helping developers,
    artists or anyone on the internet to monetize
    their digital assets and giving buyers the
    certainty that the piece belongs to them.
  • The commercialization of NFT generated more than
    3,000 million, and this figure is expected to
    increase with the arrival of the Metaverse and
    the development of Virtual Reality technologies.

6
NFT use casesThese tokens are based on a type of
technology that provides them with certain
characteristics. In general terms, you could say
there is only one type of NFT. It is used to
represent a digital work, a painting or a house.
But from a technological point of view, NFTs in
google wallet could differentiate NFTs based on
the blockchain network where they have been
issued, with Ethereum, Polygon or Tezos being
some of the main networks where this type of
crypto active is being issued, points out the
professor.
7
  • Contact us
  • CounterTEN
  • City San Diego
  • State California
  • Pin Code 92130
  • Phone 858-251-9032
  • www.counterten.com/
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