HUP.LIFE: A New Market Place for Making Life Better

in blockchain •  4 years ago  (edited)

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Introduction

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It has been established that digital currencies, the blockchain, and non-fungible tokens (NFTs) are rapidly-developing technologies,
Non-fungible tokens, or NFTs, have overwhelmed the world.

At its peak, a NFT is a hash, or a remarkable series of letters and numbers, addressing a resource that is adaptable starting with one computerized wallet then onto the next, the development of which is intervened through a changeless, appropriated record called the blockchain.

The recognizable idea of a NFT and the strong idea of the blockchain as its establishment has made it another top choice for computerized artists who wish to distribute their works on the web and sell them such that provenance and chain of authority can be unfallably tied back to them - a welcome update from the out of date arrangement of paper-recorded provenance for actual fine arts that ruled proficient workmanship managing of yesterday.

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As of now, artists transfer their picture documents of their specialty through unified stages like OpenSea or Mintable, which "mints" the thing to the blockchain, prior to empowering the craftsman to sell that non-fungle token to the overall population - taking worth from the way that the NFT contains a hyperlink to a record - regularly facilitated by that stage - with the subtleties of the thing and the picture record of the fine art it should address. To advance shortage, most artists just mint one NFT for every specific work they make, called 1:1 releases.

In any case, huge issues keep on plagueing both artists and authorities on current platforms that work with NFT deals, essentially hampering the capacity of artists to open the genuine capability of NFTs:

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Meet the Hup.Life Solution

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Hup.Life is an NFT Marketplace that legally protects your Digital Art through Copyright protection, it also protects your assets, saves the capybaras, and then the world. Just one Token at a time. The Hup.Life is fundamentally transforming the value of NFTs.

Hup.Life is the World's first Platform that enables
socially conscious Artists to Mint & Sell Copyright-Enabled NFTs (ceNFTs) through a framework complying with International Copyright Law and Securities Laws. Five percent from each sale, re-sale and permitting arrangement of a work is given to an altruistic association chosen by the artist at the hour of minting. Also, if a work is offered to a subequent buyer, another five percent of each re-sale and licensing bargain is remunerated back to the artist as compensation.

Reasons You Should Choseconsider minting a ceNFT instead of an NFT if you are a visual artist:


There are a pool of reasons why you should chose this global revolution, and today, I will be listing a few reasons below:

i. Artists get a cut of future re-deals and authorizing bargains by ensuing buyers.

ii. ceNFTs move the full heap of copyright to buyers (detectable through what we call its 'Ghost NFT').

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iii. Art minted as a ceNFT goes through 2 layers of approval to decide realness and inventiveness: a powerful picture acknowledgment motor and an agreement instrument in which clients can give proof of encroachment.

iv. The hyperlink contained in a ceNFT to metadata is settled through our own TLD on a decentralized, blockchain-based Domain Name System (DNS) administration, as well as being available on the internet through the worldwide TLD system.

v. That metadata record is facilitated on a decentralized, permanent cloud document system worked with by blockchain innovation, with several nodes sticking the document on the double, advancing excess and guaranteeing NFT perpetual quality. The picture record portraying crafted by art is additionally transferred to Arweave as a perpetual quality safety net.

vi. Artists can sell the ceNFT without moving the Ghost NFT on the off chance that they wish to hold copyright - and can, license it to outsiders utilizing our authorizing module based on Ricardian contract plan standards.

Fundamental User Workflow of the Platform

  1. Initial, an artist visits HUP.MARKET.
  2. The Artist taps on "MINT" and associates their BSC-viable wallet through Metamask - no email or secret key secret phrase required.
  3. Personality and Nationality/Residency Verification. The Artist checks their character through a non-custodial, outsider personality confirmation instrument like Blockpass. The individual affirms their ethnicity and residency and that they are not a public or occupant of some other ward.
  4. Public NFT Pre-Launchpad. The Artist is diverted to what we call a "Public NFT Pre-Launchpad" - a site that is explicit to their identity.
  5. Transfer the Art work
  6. Minting the ceNFT
  7. 30 Days on the National NFT Platform. For the following 30 days, the work is shown solely on the National NFT Pre-Launchpad.
  8. The National Experience. Programs (what we can non-artist clients of HUP.MARKET) can make a profile on HUP.MARKET.
  9. Worldwide Authentication. Programs conceded admittance to their country-explicit National NFT Pre-Launchpad will be qualified to get rewards in the event that they go about as Evidence Providers and discover proof that a minted work encroaches on an earlier work.
  10. On the off chance that a work hasn't been resolved to resistant by the Consensus Mechanism, at that point following 30 days it will be distributed on the universally open HUP.MARKET stage.
  11. The Ghost NFT. Right now another non-fungible token called the Ghost NFT minted to BSC. A Ghost NFT addresses responsibility for whole heap of copyright of the art fundamental a ceNFT.
  12. Worldwide Consensus Mechanism-Modulated Validation.
  13. Permitting Module.
  14. Debates.
  15. Off-Chain Transfers and Licensing.

Bringing Transparency To Project Token Split Structures


In addition to the fact that $HUP has a novel symbolic split construction that means to accomplish its driven objective of bringing the total guide to realization while being altogether monetarily independent with no external liquidity or conventional raising support, we likewise give transparency to our local area that is extraordinary in blockchain projects.

Also, In addition to our charity wallet, local community members can likewise see the exchange wallets of every one of the nine explicit, team managed wallets, namely:

✅ Initial Liquidity for PancakeSwap (25%)

✅ R&D/Tech (15%)

✅ Marketing/Admin/Misc (15%)

✅ NFT Authenticators (10%)

✅ Airdrops and Bounties (10%)

✅ Leadership and Advisors (10%)

✅ Legal Expenses (5%)

✅ Liquidity for Other DEXs and Listing Fees for Platforms (5%)

✅ 1:1 Capybara Art NFTs For Early Adopters (5%)

This is so you can investigate and keep steady over all crypto reserves moving all through the task - particular to the particular classification of cost.

Roadmap At A Glance

Hire Marketing Team April 2021
Hire Compliance Officer April 2021
Begin strong marketing campaign May 2021
Reveal token address June 2021
$HUP Token Launch - PancakeSwap June 15 2021
Strategic Partnership Announcements Q3 2021
Smart Contract Audit Completion Q3 2021
Launch NFT Marketplace (HUP.MARKET) December 1st, 2021

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Conclusively, I would say I believe the team is accomplishing something unique by consolidating social consciousness with a phenomenal degree of transparency and receptiveness at no other time found in the realm of blockchain-based symbolic undertakings.
Please do not hesitate to visit the following link for more details about the Hup.Life Market place:
Website: https://www.hup.life/
Twitter: https://twitter.com/hupdotlife
Discord: https://discord.gg/JNXcZqHMX2
Gitub: https://github.com/HUP-LIFE/HUP

Bounty0x Username: Smart.

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