non-fungible tokenis basically a unique, one-of-a-kind digital asset. It is verified on the blockchain and its metadata can never be amended or tampered with.
NFT,what you get is the right to transfer the token to your digital wallet - specifically, the private key of creation of the
NFTto your wallet. The token proves that your copy of a digital file is the original, like owning an original painting. Just as masterpiece paintings can be copied and distributed as inexpensive posters, anyone can have a digital copy of your
private keyis proof of ownership of the original. The content creator’s public crypto key serves as a certificate of authenticity for that particular digital artefact. This pair of the creator’s public key and the owner’s private key is primarily what determines the value of any
BOLTtoken is a fungible token and it is not unique in nature. If you trade one
BOLTtoken for another
BOLTtoken, you will have exactly the same thing. It is the same thing as trading one Bitcoin for another Bitcoin. A one-of-a-kind trading card (like a
NFT), however, is non-fungible. If you traded it for a different card, you’d have something completely different.
NFTdrop/timed auction and co-market your unique digital asset. However, should there be no interested buyers and viewers after 48 hours, we will deem the auction as void and re-look at doing another auction at an appropriate timing.
NFTof your content, it means that the buyer has the right to transfer the token to their digital wallet. The token proves that your copy of a digital file is the original, like owning an original painting. Just as masterpiece paintings can be copied and distributed as inexpensive posters, anyone can have a digital copy of your
BOLTis in a unique space as well to arm streamers and buyers to create one-of-a-kind
NFTexperiences -since we have a streaming platform! This means that a particular piece of content (as a
NFT) could be available for a limited time to the buyer's selected friends/family exclusively on BOLT+. The possibilities of creativity and financial freedom could be endless. We are providing a way for buyers and streamers to work together to create unique experiences to achieve creative and financial freedom.
NFTauction will be as successful as possible. Remember to consider the rarity, exclusivity, and relatability of the
NFTyou want to issue and auction off to the highest bidder!
NFTissuance, auction, and utilisation will be a success.
NFTspresent a unique (and relatively new) revenue opportunity for users, streamers, and brands.
NFTs.Give your fan base the opportunity to show how much they value your creations.
NFTsare great for artists to ensure provenance and traceability for royalty payments, executed via a smart contract
NFTto stream exclusively on BOLT+ (to increase desirability and rarity factor)