MOVE Network: How You Could Benefit From Our NFT Future
There’s nothing like an explosion of blockchain news to leave you scratching your head and wondering what the heck is going on.
In recent weeks, there’s been a lot of talk about how crypto-enabled technologies such as Nyan Cat and NFTs are going to change the face of the internet and even the world itself. But most of this excitement and hype are hard to follow and it can often be difficult to separate the hype from reality. When you see something that catches your attention, it can be hard to determine whether it’s real. For instance, when you see an article about a celebrity buying an NFT for millions of dollars, it’s easy to assume that it must be fake. However, along with this excitement NFTs are having tremendous traction and creating a booming market which was valued at $250 million in 2020. As the MOVE Network grows, it’s essential for our community to stay informed.
Alright, let’s get started with the basics.
What is an NFT? What does it stand for?
Non Fungible Tokens. NFT’s are digital assets that are unique, not interchangeable, and are blockchain-backed collectibles that mimic the ERC721 standard. They are a new type of digital collectibles that allow the transfer, ownership, and trading of digital assets. NFTs can be exchanged from person to person, and they can also be traded like any other cryptocurrency, but unlike cryptocurrencies, they are non-divisible. What makes NFTs a unique technology is that they can be used to create limited-edition digital assets or collectibles that can be traded as part of a blockchain registry which offers a tamper-proof, secure method of authenticating and tracking digital assets. NFTs such as these are readily available on the market and are particularly popular in the digital art, music and movie industries.
MOVE Network’s strategic IP entertainment partnerships will provide tremendous value to its growing community, which has surpassed 20,000 members on Telegram and is 15,000 followers strong on Twitter. NFTs have proven to be an important tool for allowing the monetization of art; but, this is just the beginning of the story. NFTs will revolutionize auction houses, fine art trading, auctions, and art investment along with music, entertainment, film and gaming industries. New applications will appear on a regular basis and the market will continue to grow. Currently, MOVE Network is working with Binance NFT Marketplace to launch an NFT drop for the American superhero horror film named Brightburn. The exciting NFT Drop Event is expected to capture the attention of Brightburn and superhero fans alike, which is believed to bring in a huge impact to the growth of MOVE’s community (https://finance.yahoo.com/news/move-network-binance-nft-marketplace-130000245.html).
As the MOVE Network continues to expand, it’s important our members are not only informed, but also engaged and involved.
Stay connected & learn more about MOVE Network initiatives from our MOVE Network Telegram Community https://t.me/movenetwork or Twitter https://twitter.com/movemovenetwork. You will also find out about any upcoming Ask-Me-Anything discussions (AMAs).
Here’s an example of one of our previous AMAs done with Decentralized Club: https://decentralizedclub.medium.com/ama-with-move-network-2111dd302a7a
Stay tuned and we will discover more about the NFT industry with you! See you next time!
ABOUT MOVE Network
MOVE Network is a leading NFT aggregator covering a wide spectrum of NFT products. MOVE Network allows enterprises and start-ups to integrate blockchain technologies to enhance their existing businesses. Users can utilize MOVE Network to own and trade NFT across a variety of sectors including entertainment, music, artwork, and esports.
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Email Address: marketing@MOVEnetwork.io
SOURCE: MOVE Network