Famousblock is a project with modern features that will change the NFT ecosystem With its model

in famousblock •  2 years ago 

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INTRODUCTION

Digital art is any artistic work done with the use of digital technology. Whenever it comes to the medium of expression, digital art is much more versatile than conventional artwork.Data is the original bearer of digital art.

Data can be easily duplicated and transmitted as a transmitter of digital art, but it is without intellectual identity. This results to the most significant distinction between digital art and classical art value chains: conventional fine art may be traded, meanwhile the actual digital artwork is harder to transfer.

Copyright concerns arise as a result of the way digital artworks are transferred, as copyright info is readily lost in the distribution process. When users and art lovers wish to pay for artwork, they sometimes can't discover the right manner to do so. Furthermore, digital artworks are distributed globally.

Conventional institutions may find it challenging to develop a market for such trade. By mapping the file of a specific digital artwork, NFT can function as a transactional'entity' for digital art, making it an ideal digital art bearer. NFT is being merged with digital art in current economy, giving rise to a new business strategy in which NFT is exchanged as the digital artwork itself.

NFT is exchanged not just as copyright or ownership, but also as a unique link between both the creator and the client in such transactions. NFT is the core of the artwork, according to him. An artist used to be paid only once when his work was purchased for the first time. When his artwork was sold for an astronomically high price, the artist was unable to profit from it. NFT has transformed the problem by giving digital artists a unique opportunity to earn from their artwork when it is resold.

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FAMOUSBLOCK

Media assets (picture or video files) that pique people's interest, such as worldwide hits or fads The goal is to buy or sell utilizing "FOB token" on the trading system "FamousPletform" (alias) issued as "NFT" (non-functional token) and controlled by the "FOB" Foundation via auction. FamousPlatform (provisional appellation), a FOB Foundation NFT framework, is built to assist mutual calls via ETH, such as metamasks or opensea exchanges, and NFT can be granted through FOB. The produced NFT can be traded at FamousPletform in a bidding system.
Furthermore, largely as a result of FOB purchase and usage in FamousPletform, FOB's exchange price will climb rather than decline, and it will function as a consumer-beneficial system.

TOKENOMICS

  • Token NAME : Famousblock
  • Token Symbol : FOB
  • Network: (ERC-20)
  • Total Supply : 1,500,000,000 FOB
  • Listed: Digifinex

TOKEN ALLOCATION

  • Platform Development : 40%
  • Operating Cost : 30%
  • Marketing : 20%
  • Administrative Cost : 10%

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The funds generated will be used by the Famousblock group for system development and support, as well as operational, development, and devteam personnel costs. Platform accomplishment is determined not only by effective platform creation but also by optimal platform governance. It will be utilized for public relations, marketing, and partner foundations and collaboration initiatives with the firm to showcase Famousblock worldwide. Adherence with legislation, the duty to pay taxes, and open disclosure of the organization‘s status are all required to run the Famousblock Foundation professionally. The judicial, regulatory, and accounting expenses will then be used as administrative costs by Famousblock.

DIGIFINEX LISTING

Digifinex has listed FamousBlock (FOB) on the May 9th, 2022. The trading service of FOB/USDT pair was opened on May 10th, 2022. Here is the block explorer link: https://etherscan.io/address/0x9367bc03fffb36efdf9ea863342b20fa169ef4f7

CONCLUSION

Famousblock project is coming up with modern features that will change the ecosystem of NFTs. With its model, both content creators and collectors will benefit on a long run. It's official token $FOB has just been listed on Digifinex. The attached links below has more information about it.

IMPORTANT SOCIAL LINKS

Username: pijayplow93
Profile : https://bitcointalk.org/index.php?action=profile;u=2750501
USDT Address (TRC-20) : TMbGG23uXuuU1iVP7Tt7aAESvMr6KQWSGR

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