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IP rights in NFT

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Any creative endeavor is capable of being monetized just in the form of “NFTs”. Record prices are being reached for the sale of NFTs. Talking about IP rights in NFT, the questions you should ask are: What is NFT? How are they created? Why are they so valuable? What does the buyer benefit? What rights do they confer? And finally, what does it have to do with IP rights? Background of NFT Let’s take you back to when NFTs started to exist. NFTs have been around since as early as 2012 just that people don’t know about it, and it gained Popularity in the crypto space in 2017 when a company, Called Dapper Labs, started selling NFTs linked to unique digital cat cartoons known as CryptoKitties and people went crazy for these cute digital kitties. People started joining the NFTs space around 2020, that was when it became really famous. What is NFT? You can easily say that NFT is a non-fungible token, but there is more to it than just non-fungible token. In other words, NFT is a blockchain-based ...

Introduction to NFTs

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NFTs, or non-fungible tokens, have been making headlines in the cryptocurrency and web3 space. But what exactly are NFTs, and why are they so popular? In this article, we'll provide an introduction to NFTs and explain why they're becoming increasingly important in the digital world. What are NFTs? NFTs are Non-Fungible-Tokens. In other words, NFTs are unique digital assets that are stored on a blockchain.  Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible (meaning one unit is interchangeable with another), NFTs are non-fungible, meaning each one is unique and cannot be replicated or exchanged for another. NFTs are unique digital identifiers that can not be copied, substituted or funged, and it’s recorded on blockchain, its uniqueness is used to certify authenticity and ownership. NFT can be anything in data form such as picture, video, audio, text and other creative media. It enables data and objects on the internet to be valuable. NFTs can take many forms...

Workxie Billionaire - Providing a life changing opportunity

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Workxie Billionaire - Providing a life changing opportunity. “ The project is directed towards giving its members unique opportunities and a chance for their members to invest in their future ”. Workxie Billionaire is a community driven NFT project that provides opportunities and creates wealth for its members. The project is directed towards giving its members unique opportunities and a chance for their members to invest in their future. Workxie billionaire is among the few NFT projects that was formed to create wealth and opportunities for the African community. With the vision to create a resourceful environment for their community members to be able to make a great impact in the society. The Project Workxie Billionaire NFTs are 10,000 invisible 3D generated workxie investors existing on the blockchain. With the WXB array of success as a multi-digital organization, their affiliate partners will launch its own member community and its’ NFT as its utility. Workxie Billionaire is an ut...

Understanding the basics of blockchain technology

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Understanding the basics of blockchain technology. “The only way to understand web3 is by understanding the basics of blockchain technology and how it works”. To understand the full concept of web3, it’s really important to understand what blockchain is and how it works. The only way to understand web3 is by understanding the basics of blockchain technology and how it works. When you see or hear the word “blockchain” what comes to your mind is cryptocurrency or sometimes NFTs but the question you should ask is, what is this blockchain everyone keeps talking about and how does it work? For a better understanding follow up this article closely, at the end of this article you should be able to understand the basics of blockchain. What is blockchain? A blockchain is an immutable or unchangeable ledger of information. It’s also a chain of blocks, each containing information of transactions, telling a linear story about all transactions that have ever taken place. Once a transaction is added...

How to create a successful NFT project

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How to create a successful NFT project  “ These guidelines contain the necessary and important steps needed in the journey to create a successful NFT project”. Non Fungible Token or NFT has been around since as early as 2012 but got its recognition in 2020, since then there have been so many NFT projects, some were successful while others failed. If you want to create a successful NFT project, it requires determination, dedication and a lot of planning to launch a successful NFT project. This topic is meant to guide young and new creators in the NFT space on “the steps to create a successful NFT project”. Remember for every successful project you have to be committed and you should be ready to sacrifice your time, energy and money, if you really want your NFT project to be successful. Hearing about NFT, people started asking questions like, what is NFT and how it works? Which we published in our previous article on understanding the basics of NFT. There you will get to understand t...