ENTERTAINMENT NFT STORE WITH FAMOUSBLOCK
INTRODUCTION
I am glad to live in this era and I really appreciate the efforts of people who have already done so much to contribute to improvements in technology; the benefits of which we are utilizing now and appreciate the technology itself, which allows us to present our ideas, and their transformation into a working product, many people think of cryptocurrency as a simple store of value, but there is much more to the idea. There are many benefits implied within a decentralized, trustful, immutable system of record-keeping and value transference political and financial leaders around the world are taking note, and you should as well. Cryptocurrency has now expanded to various genius ideas, providing opportunities to people to improve business ethicality, making the concept of the world as a global economy a truth, and much more.
The benefits of cryptocurrencies for the global economy are thought to range from lower fees for online exchange of money and international payments fees, to increased protection from identity theft due to the secure nature of cryptocurrencies.
Cryptocurrency serves as a better payment structure, for example, if you have ever been annoyed waiting for a cash transfer from a bank account, you may want to consider using crypto. The transfer is instant with lower fees than platforms like PayPal and banking institutions. Using crypto also frees you to send money wherever you want with no middleman scrutinizing your transaction history. It is also thought that cryptocurrencies will help break down the barriers to finance in developing nations. For instance, cryptocurrencies could easily be accessed via mobile phones in countries without banking infrastructure.
Craftsmen have been confronting a few troubles in selling their specialty, they just depend on displays or closeout houses to sell their specialty.
In view of these difficulties referenced above famous block, the group has made a strong stride that will tackle these difficulties.
Famous block has fostered a stage where specialists will sell their specialty straightforwardly to buyers as an NFT, and furthermore, give them a decent benefit. Shoppers can purchase NFTs utilizing the FOB token.
WHAT IS A FAMOUS BLOCK?
Entertainment materials (image or video files) that attract people's attention, such as hits or fads around the world The purpose is to purchase or sell through bidding using the "FOB token" on the trading platform "FamousPlatform" (alias) issued as "NFT" (non-functional token) and scheduled to be operated by the "FOB" Foundation. FamousPlatform (tentative name), an NFT platform of the FOB Foundation, is designed to allow mutual calls such as metamasks or open sea exchanges through ETH, and NFT can be issued through FOB. The issued NFT can be traded through an auction at FamousPlatform (tentative name). In addition, FOB's exchange price will jump on the rise rather than fall due to the combination of FOB's purchase and consumption in FamousPlatform (tentative name), and it will operate as a system that can benefit consumers.
领英推荐
WHAT IS AN NFT?
An NFT is a digital asset that represents real-world objects like art, music, in-game items, and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos. Although they’ve been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. A staggering $174 million has been spent on NFTs since November 2017. NFTs are also generally one of a kind, or at least one of a very limited run, and have unique identifying codes. “Essentially, NFTs create digital scarcity,” says Arry Yu, chair of the Washington Technology Industry Association Cascadia Blockchain Council and managing director of Yellow Umbrella Ventures.
ROADMAP
Below is the chart of famous block trade on the Digifinex exchange
For information, please follow famous block on the following social media channels
Author: alige12
Bsc. Industrial Chemistry
2 年This is a great work
--
2 年Wonderful creation
Student at University of Port Harcourt
2 年Brilliant project
Shift manager and Process Control Engineer at Greenhills. | DCS operations | Commissioning Engineer | Former Senior process operator at Unicane industries.
2 年This is amazing. The article is an interesting one and provides great insight. Thanks for sharing.