Howdoo’s NFT engine has been utilised in the newly launched Hyprr NFT marketplace where all content creators will be able to trade their digital assets through NFT’s in the near future.
“NFTs are non-fungible tokens. It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that’s where the similarity ends. They act as a non-duplicable digital certificate of ownership for any assigned digital asset. Once the NFT is purchased, the owner has the digital rights to resell, distribute or license the digital asset as they please.”
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.
Howdoo NFTs have some special properties and features:
Users who owns an NFT can have benefits:
Holding it for life, resting comfortably knowing your asset is secured by Howdoo NFT marketplace/ Users who create an NFT:
The NFT is created, or “minted” from digital objects that represent both tangible and intangible items, including:
An artist publishing work on a social network makes money for the platform who sells ads to his own community. NFTs power a new creator economy where creators don’t hand ownership of their content over to the platforms they use to publicize it. Ownership is baked into the content itself.
Howdoo’s decision to implement NFTs is based on the global successful trend shown recently in the market.