Non-fungible tokens – or simply NFTs, are digital assets that allow you to prove ownership of a store of value. This could be a non-tangible item like a virtual drawing or something physical such as fine art, sculpture, or real estate. What Does NFT Stand For? NFT Definition NFT stands for non-fungible token. The key takeaway is as follows:
Ultimately, the main concept with NFTs is that you can invest in something of value without needing to physically own or store the respective item. As such, this makes it a breeze when it comes to buying and selling NFTs such as NFT ASCFP-LE 301 in the open NFT marketplace such as NFT Opensea NFTs Explained – the Basics?In many ways, NFTs are too similar to traditional digital currencies like Bitcoin, Ethereum, and Dogecoin. In fact, the NFTs are represented as digital assets and they operate on top of a blockchain network. This ensures that NFTs can be transferred from wallet to wallet in a fast, secure, and low-cost way. Being built on top of a blockchain network also ensures that NFTs are verifiable in a transparent way. However, where NFTs are different from the aforementioned digital currencies is that each token is identifiable via a unique transaction hash. In simple terms, no two NFTs are identical. Fungible vs Non-FungibleIn a nutshell, the physical dollars and cents that we use every day to make purchases are fungible. For instance:
As per the above example, cold-cash cash is a fungible asset class. Similarly, this is also the same with virtually all of the cryptocurrencies in circulation today. However, NFTs are non-fungible asset classes. This means that you cannot exchange or swap one NFT for another and expect to retain the same value – as each token is unique. For example:
Naturally, NFTs can represent pretty much anything that has perceived value. Whether that’s a virtual painting, sculpture, house, car, or sporting moment – In short, the NFTs allow you to store ownership in a digital manner. Blockchain Protocol All of the best NFT tokens are hosted on a blockchain protocol. To date, many creators of NFTs prefer the Ethereum blockchain, not least because it supports ERC-721 tokens. In a nutshell, this specific sub-set of the Ethereum blockchain is ideal for NFTs, as each ERC-721 token is unique from the next. Therefore, our NFT ASCFP LE 301 has been minted on the Opensea marketplace and it is available to invest with Ethereum coin. NFT MintingWhen searching for the best NFT tokens to buy, a term that you will often come across is ‘minting’. In its most basic form, minting simply refers to the process of creating a new NFT token that is yet to exist. This means that when you buy NFT tokens, you are purchasing a digital asset that has already been created by somebody else such as DecaceOfPeace Crucially, if you have something unique that you wish to represent via a unique crypto-asset, then NFT minting is well worth exploring further. For example:
Fractional NFTs You likely know that standard cryptocurrencies like Bitcoin and Ethereum can be split into smaller units – which ensures that you don’t need to purchase a full token to gain access to the market. For instance, if Bitcoin is trading at $30,000 per token and you invest $300, then you own 1% of a single BTC. Now, many people are unaware that the process of splitting digital tokens into small units can also be achieved with NFTs. In fact, this is one of its greatest characteristics, as it allows multiple people to own something of value.
Generally, you will buy NFTs using a cryptocurrency, such as ether (Ethereum's native cryptocurrency), although the price may also be listed in dollars. How to buy an NFTYou can buy, sell, trade, and create NFTs from online exchanges or marketplaces. The creator or current owner may choose a floor or a specific price. Or there may be an auction, and you'll have to bid on the NFT.
Important: NFTs can be highly speculative assets. Some people have made thousands or millions of dollars selling NFTs. Others may wind up spending a lot of money on a digital asset that winds up being worthless. The sign-up process can vary depending on the marketplace. Generally, you'll buy NFTs using a cryptocurrency, such as ether (Ethereum's native cryptocurrency), although the price may also be listed in dollars. Depending on the marketplace, there may be different fees associated with each transaction. Not All NFT Arts Are Minted EqualOur NFT A Sporting Chance For Peace Sculpture Limited Edition 301 to 500 Have Been Reserved To Spearhead the Global Anti-Bullying Campaign **Our NFT-ASCFP-LE 301-500 are included: (a) The Royalty Payment, (b) The Social Impact, (c) The Positive Public Relation, (d) And More Specific Benefits at https://bit.ly/3hBOCbI The A Sporting Chance For Peace Sculpture Spearheads A Worldwide Anti-Bullying Campaign Award-Winning International British Sculptor & World Champion Masters Athlete & Listed in FORTUNE Magazine as a Game Changer - Donald Brown Donald Brown has created a sculpture over a period of four years. It is titled A Sporting Chance for Peace (ASCFP) and it will be the ‘Centrepeace’ for TGG’s anti-bullying campaign internationally. The NFT A Sporting Chance For Peace Supports TGG’s Anti-Bullying Campaign Under The Creative Arts of this Anti-Bullying Campaign, TGG has reserved NFT-ASCFP-LE301 through LE500 for 193 countries of the United Nations. For this global campaign, TGG has combined strategic components to address bullying and violence worldwide. Together, they create the foundation and infrastructure for this campaign. The profits from this Anti-Bullying Campaign will be allocated to the royalty payments and positive public relations for the social impact investors or art collectors who purchase our NFT A Sporting Chance For Peace Limited Edition 301 through 500 (“NFT-ASCFP-LE 301-LE 500”). Learn more at DecadeOfPeace: https://bit.ly/3HCXfNM NFT Art SummaryWhile there may be many practical applications for NFTs in the future, they're primarily used with digital art today.
"For creators, NFTs create a seamless way to sell digital art that might not have much of a market. Additionally, there are ways in which creators can get paid fees for each subsequent sale of the art," says Ceesay. "On the flip side, collectors are able to speculate on digital art as well as have bragging rights on rare collectibles on the chain." If you're considering purchasing an NFT as an investment, know that there's no guarantee it will increase in value. While some NFTs sell for thousands or millions of dollars, others may remain or become worthless.
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The 2019 Masters Hurdles World Champion and Award Winning Sculptor Donald Brown from London England would like to connect with entrepreneurs who share his vision to create a Global Arts Campaign Against the Bullying and Violence by leveraging his sculpture, titled ‘A Sporting Chance for Peace’ Also, Mr. Brown is taking a stand independently and using his art as a vehicle to reach, inspire and empower our children as well. Who is He? One man who WILL make a difference. Introducing the 2019 Masters Hurdles World Champion and Award Winning Sculptor, Donald Brown In the spirit of Crowdfunding, Brown invites entrepreneurs who share his vision to invest in this initiative. This will ensure that schools worldwide will be included in this campaign. This initiative is also designed to economically empower the entrepreneurs who invest and support this initiative. The return on investments are excellent and secured by your ownership of the related art. Learn more of this ‘A Sporting Chance for Peace’ Sculpture, please review a short explanation from the 2019 Masters Hurdles World Champion and Award Winning Sculptor. The ‘A Sporting Chance for Peace’ sculpture to further promote positive principles for life and to address bullying and violence. We bring communities together to make a positive difference for present and future generations.
Donald would like to acknowledge a number of our Patrons who were featured on stage at the event. #positiveprinciples. Along with their print purchase, they have nominated educational establishments to also receive a print of the ‘A Sporting Chance for Peace’ sculpture to further promote positive principles for life and to address bullying and violence. The agenda here is to bring communities together to make a positive difference for present and future generations. Well done Patrons and THANK YOU. Well done Patrons and THANK YOU. Royal Air Force (UK)Plan it GlobalPC WorldBirmingham Youth Sports Academy (BYSA)Cryotherapy Clinic"A Sporting Chance for Peace" Prints were presented at Trumpet Awards 2016, in Atlanta, Georgia2/8/2016 Academy Award Winner Mo’Nique Angela Hicks at Trumpet Awards 2016 and a recipient of the ‘A Sporting Chance for Peace’ print, in Atlanta, Georgia Comedian George Wallace at Trumpet Awards 2016 and a recipient of the ‘A Sporting Chance for Peace’ print, in Atlanta, Georgia Singer, songwriter, record producer, dancer and actor Ne-Yo at Trumpet Awards 2016 and a recipient of the ‘A Sporting Chance for Peace’ print, in Atlanta, Georgia HEAG Medical Community in Ghana ("HMCG") who is the first recipient of the "A Sporting Chance for Peace" print, in Greensboro, North Carolina (Mr. John Amos, Dr. Dakwa and his wife, Lorean. About Trumpet AwardsThe TRUMPET AWARDS was conceived, founded, and nurtured by Ms. Xernona Clayton, who has built the Awards and TRUMPET AWARDS Foundation into a renowned testimonial around the world. "We have come so far since we started this project in 1993 and I am extremely appreciative to those individuals who saw the vision and who have worked with us for over twenty years. We are most jubilant to bring this event to the world and to celebrate the achievements of those who had an impact on our community," says Ms. Clayton. The support of corporate sponsors is vital to helping make the production of the TRUMPET AWARDS possible; presenting sponsor American Family Insurance, and other major corporate partners include: FedEx, Delta Air Lines, Cadillac, Nordstrom, The Coca-Cola Company, Home Depot, Turner Construction and MGM. The red carpet will be sponsored by Carnival Corporation. The 24th Annual TRUMPET AWARDS will premiere on BOUNCE TV on Friday, January 29th at 9:00 p.m. (ET) and also air in over 75 markets nationwide. For more information about past honorees, presenters, performers, and information about The TRUMPET AWARDS Foundation, visit http://www.trumpetfoundation.org. How to Purchase "A Sporting Chance for Peace"
Our Development of the Sculpture in 2 minutes
A percentage of revenue from the sales of prints, limited bronze sculptures and corporate sponsorship options will be donated to Generations for Peace and HEAG Medical Community in Ghana ("HMCG").
About our partner, Mr. Donald Brown is the CEO of The Global Gallery Limited.
Wolverhampton, United Kingdom – January 11, 2016 – Donald Brown can be seen on newsstands across the United States in the current edition of Fortune magazine. In a full-page feature, The National Association of Experts, Writers, and Speakers recognize Donald Brown as a “GameChanger™” in business. The January edition of Fortune hit store shelves on January 5, 2016.
Donald Brown was quoted in Fortune: “As an acclaimed sculptor I want to change the world with my sculpture, ‘A Sporting Chance for Peace.’ It is the flagship for a Global Peace Initiative promoting personal and social peace. On September 21, 2016, ‘International Day of Peace’ individuals worldwide will unite to unveil their print of the sculpture to complete the largest, simultaneous, print-unveiling ceremony in history.”
Fortune is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the Fortune 500 and the Fortune 100 Best Companies to Work For. Fortune Live Media extends the brand’s mission into live settings, hosting a wide range of annual conferences, including the Fortune Global Forum.
Source: The Press Newsroom Monday 12/7/15: 10:00 AM: Meeting with Agriculture Development Bank (“ADB”) regarding corporate sponsorship ADB: http://www.agricbank.com/ 2:00 PM: Meeting with Agility regarding corporate sponsorship Agility: http://www.agility.com/EN/Pages/Default.aspx Tuesday 12/8/15: 2:30 PM: Meeting with Minister of Health, Hon. Alexander Segbefia regarding HEAG Medical Community in Ghana (“HMCG”). Link: http://www.heagmedicalcommunityinghana.com/ Minister of Health: http://www.moh-ghana.org/ Wednesday 12/9/15: 10:30 AM: Mrs. Mawuena Trebarh, CEO of Ghana Investment Promotion Center (“GIPC”) regarding HEAG Medical Community in Ghana (“HMCG”). GIPC: http://www.gipcghana.com/ |
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