PRESENTATION:
The word NFT has been everywhere on the news recently, an NFT is, basically, a collectible advanced resource, which holds esteem as a type of digital money and as a type of craftsmanship or culture. NFT represents non-fungible token – an advanced symbolism that is a sort of digital currency, similar as Bitcoin or Ethereum. Yet, not at all like a standard coin in the Bitcoin blockchain, an NFT is one of a kind and can't be traded like-for-like (hence the name, non-fungible).
There are differing kinds of NFTs, yet they could show up as a piece of mechanized craftsmanship or a music record – anything novel that could be taken care of cautiously and be considered to hold regard
The unmistakable thought of a NFT and the extreme thought of the blockchain as its foundation has made it another top pick for cutting edge specialists who wish to disseminate their deals with the web and sell them to such an extent that provenance and chain of power can be unfallably tied back to them - a welcome update from the antiquated arrangement of paper-recorded provenance for real works of art that overpowered capable workmanship overseeing of yesterday.
About Hup.Life ceNFT
HUP.LIFE INTERNATIONAL Limited is an organization consolidated under the laws of the central Government of Canada, with an enlistment on favorable terms. It is the World's first Platform that empowers socially cognizant Artists to Mint and Sell Copyright-Enabled NFTs (ceNFTs) through a system Complying with International Copyright Law and Securities Law.
Problem Statement:
Before the advent of this life changing opportunity/solution, the following where plaguing Artists:
Artists normally don't get rewarded for any ensuing outsider deals of their work.
NFTs don't move copyright of the basic workmanship to the purchaser.
Purchasers can't tell in case they've bought a fake of existing workmanship - until it's too far to turn back.
NFTs rely upon the hyperlink it contains to a metadata record containing nuances of the basic craftsmanship, consistently settled through a general space (.com, .association, .ca, .co.uk, etc) that is obliged by ICANN - which isn't useful for decentralization and adaptability.
That metadata is most of the way worked with, making it unprotected against attacks, laborer power outages and takedown sees - fail to ensure NFT lastingness.
However, that is the place where we come in to in a general sense change the worth of NFTs.
Benefits of the Hup.Life Platform:
Here are just 5 reasons you should consider stamping a ceNFT as opposed to a NFT if you are a visual craftsman:
Specialists get a cut of future re-bargains and allowing deals by resulting purchasers.
ceNFTs move the full load of copyright to purchasers (perceivable through what we call its 'Phantom NFT').
Craftsmanship printed as a ceNFT goes through 2 layers of endorsement to choose authenticity and advancement: an energetic picture affirmation engine and an arrangement part wherein customers can give verification of infringement.
The hyperlink contained in a ceNFT to metadata is settled through our own TLD on a decentralized, blockchain-based Domain Name System (DNS) organization, just as being open on the web through the overall TLD framework.
That metadata archive is worked with on a decentralized, perpetual cloud record framework worked with by blockchain advancement, with a few hubs staying the report promptly, propelling abundance and ensuring NFT constancy. The image record depicting made by workmanship is also moved to Arweave as a lastingness wellbeing net.
How Profit is Made Through Fees
Fees suck so we made things sweet and basic.
Artists will pay a moderate for each work minting expense, the purpose of which is to cover any $HUP that might be subqequently compensated to Evidence Providers and Voting Browsers who give or decision on proof that the transferred work encroaches an outsider's copyright, just as any related facilitating and blockchain costs.
Buyers and Licensees of ceNFTs will pay an expense on each exchange. A segment of the expense from the main buy will be utilized to completely repay the artist's minting charge :)
All exchanges on the NFT platform will be executed with $HUP. None of the 8% burdening components found in the HUP.LIFE smart contract are applied, since it is viewed as a $HUP to $HUP wallet move.
Additionally, since we are live on Binance Smart Chain, gas fees are practically non-existent.
We additionally mean to work with an online registry through which local area individuals can without much of a stretch peruse for experienced legal advisors and adjudicators to authorize their privileges in regard of a ceNFT through elective question goal (ADR) instruments, like intervention - trailed by arbiritration if unsucessful.
Launch Details:
A month preceding our expected beta launch of HUP.Market, we mean to send the National NFT Pre-Launchpad for Canada, empowering Canadian visual artists to mint their work, start the validation interaction, and distribute their works so clients who affirm with us that they are occupants of the nation can only view the labors for 30 days before they get moved to the overall HUP.MARKET Platform.
Upon beta launch, we mean to convey National NFT Pre-Launchpads for extra wards so artists in countries all throughout the planet can mint their fills in as ceNFTs. Also, we expect to utilize our local area administration instrument before launch to accumulate local area input regarding which jurisdctions we ought to convey National NFT Pre-Launchpads to, subject to extra contemplations by our group authority, for example, the degree it would engage artists around there and any pertinent purview explicit consistence matters.
Keep in mind, following 30 days, a work moves from its separate National NFT Pre-Launchpad to the overall HUP.MARKET Platform and a Ghost NFT is made, distinguishing responsibility for copyright and making a connection between the ceNFT and the picture record of the art it addresses. The best part is that gatherers from around the world* can peruse, remark on, and buy ceNFTs from the HUP.MARKET stage.
Special Information for ceNFT Holders
Something to be also be a happy about is that
All holders with 0.01% of the aggregate sum of $HUP tokens all through a whole schedule month will gain admittance to a unique connection the next month for a live, virtual capybara seeing gathering where community individuals can basically meet capybaras in the solace of their own home and ask their overseers any inquiries they have about the widely adored hairy enormous rodents.
In the event that the association has its own wallet that individuals from people in general can give to, we physically confirm it in advance and conspicuously show it as a QR code on the livestream for community individuals who want to give considerably more!
NOTE likewise that in accordance with the target of building up a solitary nation of beginning and staying away from the issues presented by a work having mutiple, the stage would bar from printing any specialists who hold more than one identity, and craftsmen who constantly dwell in wards other than the one they are a national of.
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
For more useful information, do not hesitate to visit the following links:
website: https://www.hup.life/
Twitter: https://twitter.com/hupdotlife
Telegram: https://t.me/hupdotlife
Discord: https://discord.gg/JNXcZqHMX2
GitHub: https://github.com/HUP-LIFE/HUP
0X Username: Chijuka