Non-fungible token (NFT) for artwork is a unique and non-interchangeable unit of data stored on a digital ledger (blockchain).NFTs can be associated with easily-reproducible artworks and use blockchain technology to give the NFT for public proof of ownership. Copies of the original file are not restricted to the owner of the NFT and can be copied and shared like any file. The project has an ERC-721 contract that will represent the NFT artwork. ERC-721 reflects on a single distinct asset without interchangeability. ERC-721 presents better standards of transparency regarding ownership, security, and immutability. Tokens designed with ERC-721 standards are ‘non-fungible in their operations.
Research shows that at present the entire market for collectible exceeds $130 billion.
MDxblocks are specialized in NFT Artwork Business development using Ethereum, Polygon with the innovative evolving Smart Contracts on secured Web applications enable users/buyers to access the content. Digitized content will be promoted via Social Media. Metamask is created on a website to allow people to purchase the NFT through the website with Metamask. Integrate website with Metamask for purchase of NFT by the purchaser through a Personal Wallet.
Artist creates around 150 to 200 work innovative and creative pieces of artwork which can be joined in various forms, characters, types, colors, themes, and behaviors. We have developed and permutation and combination application to assemble the pieces and generate 10,000 to 15,000 arts from 150 pieces of artwork.
Marketing on the launch of artworks is done through the Discord Communication channel which Enables, Sharing the NFTs, Chatting with people in the channel, checking their Token values, Sharing sample artworks, and explaining Prelaunch Activities.
Metamask on the website will allow people to purchase the NFT through our website using Metamask.
Once the NFT is minted or purchased, it will show up on “OpenSea”. OpenSea is the world’s largest NFT marketplace with function integration and OpenSea recognizes the NFT sale and which wallet owns the NFT.
Each artwork can be priced at 0.08 Ethers on can be allowed to mint up to 20 Number of artworks per mint and the total business value after mint would be around 800 ethers. The same may be minted within a few hours of launch and get would complete within a months’ time.
2- Artists, 5- Photoshop designers, 5- Blockchain Developers,2- API Developers, 3- WebUI Developers, 1 Integration Consultant,1-Architect and 3-Marketing team.
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