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Why NFT’s and Blockchain are the future. What markets does blockchain decentralize and why is it important? What does that mean for you? Let’s pull everyone together for a general understanding.
Childhood memories of opening new trading cards, buying a new comic book or buying signed memorabilia. How do these relate? They are all tied together via the thrill of adding an item to your collection and showing off. Present time the structure of going to a store and physically handling these items are increasingly becoming obsolete.Do not worry, just because something is becoming outdated doesn’t mean it’s irrelevant.
Irrelevancy just means there is room for change, and a disruptive business model can find a home. This is where a trading card, comic book, memorabilia, etc.; get pressed into a new way of existing. All of this is shadowed by the bigger idea behind it, and it is decentralization. Marian Webster describes decentralization as “the dispersion or distribution of functions and powers” this idea underlines the basis of the NFT. This doesn’t mean that NFT’s are unconnected, but just a stepping stool to experimenting with decentralized data bases. Time, past to present, a small number of entities (banks, insurance, logistics and more) have monopolized markets and industries. The ideology of a centralized data structure works but doesn’t necessarily support industries continuing forward. Technology is always updating and therefore there is a need for a more efficient way of collecting and storing data. This is done through a decentralized community of peer-to-peer evaluation. One of the biggest draw backs to centralized entities is that they are easily targeted; a hunter and prey situation appears. Let’s derive inspiration from nature for e.g., a school of fish. Fish group together by the thousands to discourage hunters such as sharks, dolphins, and any other hungry predators. Grouping makes it very difficult to choose a point of attack; thus, blockchain makes its debut. Blockchain is a decentralized data base that is carried by everyone’s computer, if any computer is hacked the others can regroup and amend any damage done by the hacker. This keeps data from being tampered with by any hacker. This new form of data storage becomes a leading reason to transform how data is transferred and collected.
But what does this mean for you?
Based on an article written by Kenny Kline @ Inc.com, this means lower risk of losing any personal information, participating in a trustless system and fosters an open culture. Expanding on these subjects can take hours to sum it up. To encapsulate, you are not trusting a single enterprise to handle all your sensitive information in an easily attackable centralized location but relying on users to verify if updated information is true.
NFTs are the key to worldwide innovation of all industries.
Why should I invest in NFT’s? A lot of NFT’s on their own have no value and people are asking 10, 20 even 50K+ dollars for these claiming they are rare one of a kind; although it may be true but so is the blade of grass I pulled from the ground, but I don’t see people swarming to buy a piece of grass for $20k (maybe if the grass granted 3 wishes people would be interested). We produce value by giving your NFT a story via the blockchain. What do I mean? Anyone can take an item and convert it to an NFT but not everyone can produce results. This is where seemynft comes in. Seemynft is built on complex proprietary software that has an organization structure to maximize online footprints reaching the masses efficiently. “But is that the only thing you guys do?” no we also provide value using blockchain technology to document who owned the NFT and when they owned it. This is much like when you Carfax a vehicle before purchasing it. This helps put a quantitative value to the NFT and support any seller in justifying a price point.
You: Oh! You’re selling a one-of-a-kind rocket model? That’s cool but I don’t know if I want to pay $2,000 for it though.
Me: Well, based off the blockchain I can determine that it was once owned by Elon Musk.
You: hmmm… I think will buy it as an investment. Considering Elons reputability increases, so will the value of the rocket!
End Result: Both the buyer and seller cash in on such an investment.
Just because an NFT platform has celebrity ambassadorship doesn’t constitute high value. NFT marketplaces require team cooperation to serve to the consumer what is actually valuable; this is what seemynft does. Seemynft helps filter what NFT to purchase/ invest in with ease.
As time goes on, NFTs become more widely accepted amongst the public. Seems like every day you see several articles published about NFTs and how they are changing the market. To many, NFTs are gibberish and just another technological fad; this is not the case as the baseline technology becomes more prevalent in mainstream institutions.
Slowly, the world is learning about this technology and merging it into other industries. You see this technology changing artwork into digital collectibles outside of professional financial institutions. These pieces of art may also be known as Memes.
Memes have become mainstream within the past two decades and seem to keep engraving themselves deeper into our culture.
Here are a few Top 10 Stunning, Mind-blowing original copy memes you may recognize that have been converted and sold as NFTs.
Data for NFT memes came from Tim Marcin at mashable.com.1. Side Eye Girl:
This meme came about in 2013 with the intended use of showing skepticism via photo. Recently the meme was auctioned off for $74,000. A Dubai-based music production company bought it.
The NFT of Side Eyeing Chloe, also popularly known as Side Eye Chloe, is a photoshop meme based on a screen capture of a concerned-looking little girl named Chloe in a YouTube video of two children reacting to their parents' announcement of a surprise trip to Disneyland that went viral in September 2013.
The first photoshopped photo was originally posted on Tumblr and has been reposted on many other social media platforms. Since then, "Side Eye" has become a meme used to express sarcasm, skepticism or disbelief at something or someone's comments or actions.2. Nyan Cat:
A pixelated digital graphics interchange format (GIF) of a rainbow cat floating through space. Many have seen this Cat as they scroll through social media since 2011. And now, as an NFT that has sold for a whopping $647,472.
According to its creator Chris Torres, the design of Nyan Cat was inspired by his pet car Marty, who crossed the Rainbow Bridge. He has remastered the image for its 10th anniversary to be auctioned as an NFT.
Several NFT collectors and cat lovers joined the bidding, but an anonymous user identified only by a cryptocurrency wallet number acquired Nyan Cat for 300ETH.3. Success Kid:
If the other two NFT memes don't ring a bell, the success kid will. This meme consists of a toddler grasping a handful of sand to serve as an "inspirational" photo, often accompanied by a motivational quote. Success Kid sold for $32,355.75, a good start to a college fund.
The success kid meme is one of the most popular NFT memes on the internet, and for a good reason. The success kid meme consists of a young boy holding up a handful of sand with one hand and a determined facial expression.
The famous meme originated when his mom Laney Griner's attempted to take a photo of her 11-month-old son named Sam. Later, it was circulated on the web, accompanied mainly by inspirational quotes or captions related to success.4. Disaster Girl Meme:
Disaster Girl meme NFT - the photo featuring Zoë Roth, popularly known as Disaster Girl, sold her iconic image for $473,000.
The Disaster Girl meme, which is basically converted to an NFT, has been sold at a Foundation auction. The winner is an NFT collector identified as @3Fmusic for over 180 Ethereum, with valued at around US$500,000.
Who can forget the Disaster Girl memes? It is considered one of the most famous memes of all time after it went viral in 2005 and made its way into popular culture. It all started when a girl named Zoë Roth, aged four at that time, was photographed by his father in front of a burning house with firefighters taking control of the fire in Mebane, North Carolina.
The image was submitted to JPG magazine as an entry and was selected for an "Emotion Caption" competition, gaining over 95,000 views. Then spread across Buzzfeed, and Digg and became more mainstream when people began posting it on other sites and social media accounts.5. Doge:
The most iconic meme of an excited Shiba Inu named Kabosu, known as 'Doge,' breaks the record again as the most expensive NFT meme ever sold for S4 million.
The meme was first put up for auction by Atsuko Sato, the owner of Kabosu. After a few days of the bidding war, @pleasrdao won the auction and placed a willing bid of 1,696.9 Ethereum, worth approximately $4 million.
Sato posted the photo of Kabosu in 2010, who loves having her picture taken and has been a popular internet meme since its inception.6. Charlie Bit My Finger NFT:
Charlie Bit My Finger' Is Leaving YouTube After $760,999 NFT Sale ... The original video of a baby biting his brother's finger.
Anyone can remember the video of a baby biting his brother's finger that was uploaded in 2007 and has been viewed more than 4 billion times. But the family behind this famous 14-year-old clip decided to be sold as an NFT.
The NFT winner will be "the sole owner of this lovable piece of internet history," according to the family's site for the auction. In addition to owning the "soon-to-be-deleted YouTube phenomenon," the buyer will "have the opportunity to create their own parody of the video featuring the original stars, Harry and Charlie." After the auction, the boys' dad Howard Davies Carr announced that 'Charlie Bit My Finger' will not be taken down. The winner of the auction decided to keep the video on Youtube.
Davies-Carr told tech-news site Quartz. "The buyer felt that the video is an important part of popular culture and shouldn't be taken down. It will now live on YouTube for the masses to continue enjoying as well as memorialized as an NFT on the blockchain."7. Bad Luck Brian NFT meme:
The famous schadenfreude meme "Bad Luck Brian" that was popular in 2012 has been sold as a piece of crypto-art for $36,000.
The auction winner identified as @a will have a digital signature, or proof of ownership, inscribed on the blockchain data for this schadenfreude Bad Luck Brian photo. The subject of the "Bad Luck Brian" meme—whose real name is Kyle—shot to fame after an awkward yearbook photo of him went viral in 2012.8. Grumpy Cat NFT meme:
The authenticated non-fungible token edition of "Grumpy Cat," a 2012-era internet meme, has been sold for more than $80000.
The sale represents the first time a digital asset has been sold for such a price at auction.
Grumpy Cat is a New York Times best-selling author, the star of her own Lifetime Christmas movie, and the first Cat in history to be honored with Madame Tussaud's wax figure.9. Leave Britney Alone NFT meme:
The viral 'Leave Britney Alone' Video Sold for USD 44,000 as NFT. Internet personality and content creator Chris Crocker said the buyer would "own a part of internet & pop culture history.
Leave Britney Alone is a popular YouTube video by Chris Crocker, a 21-year man living in Tennessee, who made the video shortly after the incident at the 2007 MTV Video Music Awards.
The video went viral and was watched over 9 million times on YouTube. In it, he said: "Leave Britney alone."
In April 2021, the NFT Leave Britney Alone meme sold for USD 44,000 as an NFT. The buyer will "own a part of internet & pop culture history," said Chris Crocker on Twitter.
Crocker said he had been waiting for this moment for ten years, adding that he was excited to see more people buying NFTs from him in the future.10. Overly Attached girlfriend meme:
The Overly Attached Girlfriend meme sold for $411,000, joining the growing club of memes as NFTs.
Laina Morris, the Internet celebrity who became famous after her Overly Attached Girlfriend meme went viral, sold a tokenized version of the meme for 200 ETH ($411,000) with the help of the creator of Nyan Cat, the man whose childhood face is popularly shared as Bad Luck Brian. The buyer is 3F Music, a Dubai-based music studio whose NFT collection includes the NYT meta-NFT and other memes such as Bad Luck Brian.
It's no surprise that meme culture is thriving on social media platforms. If you are the original creator of a viral meme, maybe you could expect a nice payday in the not-too-distant future. If you plan to convert your meme into NFTs, you can message us or call us for consultation – we'll do the tough job and hassle for you. We will transform ideas or memes into NFTs and beyond for you.
Setting up a wallet on SeeMyNFT is quite simple as clicking the wallet icon and filling up the needed information on the form. Hit Submit and you'll receive an email notification and viola, you are done!
Your wallet is packed with QR codes, and you might not even know it. In this video, we'll show you how to navigate the QR codes within your wallet, including: NFT Ticket, Contact Card, Wallet Viewing, and Wallet Referral.
Setting your wallet as an app on the home screen helps you access your seemynft account. You can now show off your collections with a click of a button. Follow this step by step guide to make your NFT wallet an app for your IOS and Android devices.
On seemynft.page home page there is a wallet icon in the menu bar. Click the wallet icon and provide your information. Click “SUBMIT” and then you will receive an email with a link to your wallet, it may take up to several hours for your wallet to be approved. If after 24 hours your wallet link still does not go to your wallet page, please contact us at firstname.lastname@example.org.
NFTs exist on a blockchain which is simply a “public” database. Some can exist in a private database or a combination of the two. They represent a digital asset that you own. Many NFTs exist as static images or gifs and often can only be collected or sold as is. A seemynft “NFT” exists in many forms such as, music, ticketing, physical memorabilia, and more!
Blockchain technology and NFTs afford artists and content creators a unique opportunity to monetize their items. For example, artists no longer need to rely on galleries or auction houses to sell their art. Instead, the artist can sell it directly to the consumer as an NFT, which also lets them keep more of the profits. In addition, artists can include royalties, and receive a percentage of sales whenever their art is sold to a new owner. This is an attractive feature as artists generally do not receive future proceeds after their art is first sold.
First, you’ll need to get a digital wallet that allows you to store NFTs and funds for purchase. Visit seemynft.page and click on the wallet icon on the top left of the home page, then fill out the form. Once your wallet has been created, you can go ahead and insert funds by clicking “Add Funds” or you can go directly to the NFT you like and add fund there before the purchase. To finalize the purchase of your desired NFT, you will have to use your 2-factor authentication to verify yourself as the owner of the wallet.
At the most basic level, a non-fungible token is a one-of-a-kind, verifiable digital asset that can be exchanged between a creator and a buyer. The one-of-a-kind characteristic is important in distinguishing NFTs from other digital assets; one NFT is not interchangeable for another, like a dollar bill or a share of stock, but is unique and has its own value.
The value of an NFT comes from the intellectual property, the utility, or the underlying media it represents, which is generally something that exists in the digital world like an original piece of art or digital memorabilia. The NFT itself doesn’t necessarily contain the digital property, but points to its location on the blockchain. Like a concert ticket or a deed to a physical property, an NFT reflects the value of the thing it represents.
NFTs aren’t cryptocurrencies, but they are built using technology like a crypto currency. Also, like cryptocurrencies, NFTs exist on a blockchain or a database, which verifies their unique identity and ownership. The blockchain also keeps a record of all the transactions connected to the NFT and the property it represents.
It depends on various factors but under the current circumstances, NFTs can be used as an investment. One can purchase an NFT and resell it for profit. Certain NFT marketplaces even allow NFT sellers to gain royalties for the sold assets. NFTs can be speculative, and many factors affect their value, you can collect and enjoy them. Once you decide to sell, you can do so, for a profit if the market price has increased from original or shows potential for growth.
The fact that you are paid in cryptocurrency will not exempt the transactions from VAT. VAT is a tax applied to the good or service, not necessarily to the method of payment. So yes, VAT will potentially be chargeable. You are also responsible for reporting and gains that you experience on the resale of NFTs in accordance with the laws of your taxing jurisdiction. We can help you to track those gains at the end of each year for tokens bought and sold on seemynft.page.
Non-fungible tokens are safe. The distributed nature of blockchains or the security of the underlying database makes NFTs difficult to hack. Although there is much confidence in security of such assets, there are scams that may occur. It is important to familiarize yourself with common tricks. Here is an article from Crypto News for common NFT scams that you could see. Click here!
We bring unique industry leading technology to the NFT space. We can tokenize a webpage (Think App!) that includes much more than what is currently available on the market. We offer DME’s, Digital Multimedia Experiences, the equivalent of owning an LP or album. PDTs (provenance and documentation tokens) which allow us to tokenize real world objects and document their story. More options through seemynft are, Smart Ticket Apps (S.T.APP), which give you access to an event or certain utility that can morph over time. We move the NFT experience from owning a picture of a monkey, to real world use.
With seemynft.page we can all realize the immense potential of NFTs, now! Be a part of the future!
Essentially, NFTs are like physical collector’s items, only digital. So instead of getting an actual oil painting to hang on the wall, the buyer gets a digital file instead.
Yes, you can have your own NFT project landing page. To inquire further about the process and how to have your own landing page, email us at email@example.com .