NFT: A solution to revive forgotten arts and a revenue source

As the world progresses, cryptocurrency is getting more recognition and rightfully so. Naturally, people are focusing more on adapting to such a fast progressing environment. This leads to some already forgetting about the past, including the arts. As the NFT feature enters the game, can it revive the forgotten arts?

NFT to archive African History

Five of Mohamed Amin’s images are set to become NFTs to raise awareness and raise $250,000 in startup funds for archiving Africa’s cultural work and history. Salim Amin mentioned that only a few archivists on the continent lead to losing so much of the history because no one collects it.

Aside from archiving African history, this move to converting images to NFTs also teaches people the importance of archiving. Salim is also said to collaborate with web3 entrepreneur- Andrew Berkowitz. He aims to support African NFT artists by commissioning their works and offering a platform for distribution. Part of the proceeds will be used to preserve Africa’s historical artifacts.

Lastly, Salim also mentioned that it is part of his long-term goal to make these artifacts available for educational use and be given free of charge to every school on the continent.

Mass adoption of NFT

NFT has become one of blockchain’s most popular features. NFT, or non fungible token, is a digital asset that gives value to real-world objects such as arts and music. They are bought and sold online, more often with cryptocurrency. The smart contracts in every NFT are unique which makes most NFTs expensive. They are bought and sold online, more often with cryptocurrency.

The rise of NFT last year is evident as it reached almost every aspect of the world. NFT games became popular, hence the reason why platforms like Axie Infinity boomed. It is an NFT game that allows people to buy, trade, and sell Axies on the blockchain. Aside from that, people are earning through playing PVP games against other players. The game provided fortune to people, especially those highly affected by the pandemic. Aside from that, people are earning through playing PVP games against other players.

Art is also one of the most popular NFTs. Artists are posting their artworks as auctions on NFT websites such as OpenSea. Aside from earning through sales, artists also earn by receiving a percentage from every transaction in the artwork. These efforts provide them with passive income.

The entertainment industry had also entered the NFT world. Kpop Giants such as SM Entertainment and HYBE Ent. also announced their engagement with the technology. With that, more and more people are starting to recognize NFT, which could provide more users and income to everybody.

PrivacySwap has also joined the hype

We are always thinking of ways to expand our ecosystem. As we aim to create an all-in-one DEX ecosystem, we aim to offer every beneficial feature we can, including the NFT. Now that we are entering PYDEX, we would love to inform you again what NFT features we offer.

First is our Genesis NFT. We created this to provide a feature that will give long-term usage to our users. Genesis NFTs are NFTs that will provide you with extra farming rewards once staked. In addition, every hodler of these NFTs will have the opportunity to experience new features earlier than the general public.

In addition to that, we will also release NFT-powered games that will surely bring fun, and more earnings to every crypto user. It should be noted that while this is part of the roadmap, the mechanics haven’t been decided yet. Be sure to stay tuned for further updates.

Conclusions

NFT has become popular, and it now aims to be an aid to a fading part of history. In addition, NFT seeks to be a long-term investment and provide considerable returns to every investor. As PrivacySwap also enters NFT, we will work hard to provide a service that reaps rewards, is enjoyable, and is long-lasting.

Now that we are a step closer to our DEX, we will do our best to express how much we value our crypto investors while ensuring that they are earning using PrivacySwap DEX and the NFT.

Come and join us.

| Website | Telegram | Telegram Announcements |

| Medium | Twitter | YouTube | Gitbook | Blog|

NFT: A solution to revive forgotten arts and a revenue source

As the world progresses, cryptocurrency is getting more recognition and rightfully so. Naturally, people are focusing more on adapting to such a fast progressing environment. This leads to some already forgetting about the past, including the arts. As the NFT feature enters the game, can it revive the forgotten arts?

NFT to archive African History

Five of Mohamed Amin’s images are set to become NFTs to raise awareness and raise $250,000 in startup funds for archiving Africa’s cultural work and history. Salim Amin mentioned that only a few archivists on the continent lead to losing so much of the history because no one collects it.

Aside from archiving African history, this move to converting images to NFTs also teaches people the importance of archiving. Salim is also said to collaborate with web3 entrepreneur- Andrew Berkowitz. He aims to support African NFT artists by commissioning their works and offering a platform for distribution. Part of the proceeds will be used to preserve Africa’s historical artifacts.

Lastly, Salim also mentioned that it is part of his long-term goal to make these artifacts available for educational use and be given free of charge to every school on the continent.

Mass adoption of NFT

NFT has become one of blockchain’s most popular features. NFT, or non fungible token, is a digital asset that gives value to real-world objects such as arts and music. They are bought and sold online, more often with cryptocurrency. The smart contracts in every NFT are unique which makes most NFTs expensive. They are bought and sold online, more often with cryptocurrency.

The rise of NFT last year is evident as it reached almost every aspect of the world. NFT games became popular, hence the reason why platforms like Axie Infinity boomed. It is an NFT game that allows people to buy, trade, and sell Axies on the blockchain. Aside from that, people are earning through playing PVP games against other players. The game provided fortune to people, especially those highly affected by the pandemic. Aside from that, people are earning through playing PVP games against other players.

Art is also one of the most popular NFTs. Artists are posting their artworks as auctions on NFT websites such as OpenSea. Aside from earning through sales, artists also earn by receiving a percentage from every transaction in the artwork. These efforts provide them with passive income.

The entertainment industry had also entered the NFT world. Kpop Giants such as SM Entertainment and HYBE Ent. also announced their engagement with the technology. With that, more and more people are starting to recognize NFT, which could provide more users and income to everybody.

PrivacySwap has also joined the hype

We are always thinking of ways to expand our ecosystem. As we aim to create an all-in-one DEX ecosystem, we aim to offer every beneficial feature we can, including the NFT. Now that we are entering PYDEX, we would love to inform you again what NFT features we offer.

First is our Genesis NFT. We created this to provide a feature that will give long-term usage to our users. Genesis NFTs are NFTs that will provide you with extra farming rewards once staked. In addition, every hodler of these NFTs will have the opportunity to experience new features earlier than the general public.

In addition to that, we will also release NFT-powered games that will surely bring fun, and more earnings to every crypto user. It should be noted that while this is part of the roadmap, the mechanics haven’t been decided yet. Be sure to stay tuned for further updates.

Conclusions

NFT has become popular, and it now aims to be an aid to a fading part of history. In addition, NFT seeks to be a long-term investment and provide considerable returns to every investor. As PrivacySwap also enters NFT, we will work hard to provide a service that reaps rewards, is enjoyable, and is long-lasting.

Now that we are a step closer to our DEX, we will do our best to express how much we value our crypto investors while ensuring that they are earning using PrivacySwap DEX and the NFT.

Come and join us.

| Website | Telegram | Telegram Announcements |

| Medium | Twitter | YouTube | Gitbook | Blog|

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