Discover NFT's on Hyprr
NFT Engine

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:

  • Each token minted has a unique identifier;
  • They’re not directly interchangeable with other tokens 1:1;
  • Each token has an owner and this information is easily verifiable;
  • They are built on Howdoo NFT marketplace.

Users who owns an NFT can have benefits:

  • Easy to prove the ownership;
  • No one can manipulate it;
  • Can sell it, and in some cases this will earn the original creator resale royalties.

Holding it for life, resting comfortably knowing your asset is secured by Howdoo NFT marketplace/ Users who create an NFT:

  • Can prove they’re the creators;
  • Determine the scarcity;
  • Can earn royalties every time it’s sold;
  • Can sell it on any NFT market or peer-to-peer. You’re not locked in to any platform and you don’t need anyone to intermediate.

The NFT is created, or “minted” from digital objects that represent both tangible and intangible items, including:

  • Art
  • GIFs
  • Videos and sports highlights
  • Collectibles
  • Virtual avatars and video game skins
  • Designer sneakers
  • Music
  • Etc.

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.

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