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NFT Non-Fungible Token

Hashmasks: The Standard NFT for Digital Art

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hashmask NFTs Non-fungible tokens

Hashmakes are getting much popularity in the NFT market probably due to its nature of featuring a secret message out of the Da Vinci Code. Hashmakes lets the creator have the authority to shape the artwork which is again one of the main reasons for its explosive popularity these days.

Hashmasks are virtual art pieces made by a group of 70 specialists led by Suum Cuique Labs. A co-maker of Hashmasks, who presently likes to stay mysterious, said in a meeting with Coindesk that the covers were vigorously motivated by Jean-Michel Basquiat’s work in 1980s NYC which is clear to those acquainted with Basquiat’s graffiti-like, bright-colored portraits.

In the end when we collected all of those artists, my partner and I created the whole piece—the masterpiece—of which most were made using an algorithm, and about 20% were made by hand,” David, the creator of Hashmasks said. “We are the artists of artists,” he added.

We were quite confident that it would grow. My partner and I are our exact target audience; we are the exact people we are building products for,” David also added while talking about his target audience for the NFT artwork.

Each mask has a discernable element, the most noticeable being skin tone, character, veil, and eye tone. In any case, a Hashmask is not quite the same as any standard NFT painting, because each Hashmask is anonymous and each NFT owner has the duty of naming their Hashmask.

Hashmasks combine digital artwork with collectibles. The works of art are digital masks hashed on the Ethereum blockchain, successfully transforming them into non-fungible tokens (NFTs). Since they influence Ethereum’s ERC-721 symbolic norm, NFTs are not tradable on standard cryptographic exchanges like Binance or Uniswap. All things considered, platforms committed to NFT trading, for example, OpenSea can offer these services.

There are 16,384 Hashmasks with particular attributes, for example, eye tone, covers, foundation, and many more such elements. However, the buyers of the Hashmakes did not know which Hashmasks they had bought during the first sale period, as the NFT was just uncovered after the deal adding a layer of mystery to the art sells off.

During the initial six days of the distribution, buyers purchased $13.4 million worth of Hashmasks. In only one week, OpenSea recorded 2,724 Hashmasks trades creating $8.9 million in benefits to their creators, with the NFT-exchanging platform making more than $220,000 in fees.

Eminently, dissimilar to other NFT projects like CryptoKitties, the Hashmasks project is just exclusively trading on OpenSea. Tragically, while this presents a focal exchanging setting, it likewise implies that resale expenses advantage OpenSea rather than Suum Cuique Labs.

The Hashmasks have all been sold, yet their heritage vows to impact the NFT business in the near future.

As of now a set up secondary market for the crypto-collectibles, which has so far scored up to $16 million in trades, with individual Hashmasks selling for anyplace somewhere in the range of $1,700 and $17,000.

Be that as it may, taking everything into account, their task is finished. The needle of advancement has been pushed ahead, and—similar as Bitcoin’s obscure designer Satoshi Nakamoto—the creators behind Hashmasks will not indulge in it any longer.

We are not going to interfere,” David said, adding, “The mystery is part of the magic.”

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1 Comment

  1. Dani J

    October 25, 2021 at 7:55 pm

    Wow! I had no idea that crypto collectibles were such a big business. 16 million in trades! I have learned so much through this post. I knew nothing about Hashmasks. As we know knowledge is power. I am also learning about digital art and love it! Thank you for sharing.

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NFT Non-Fungible Token

Pudgy Penguins: What You Need to Know About NFTs

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What are pudgy penguins? You may be wondering that very thing after reading the title of this blog post. Pudgy penguins are a new type of non-fungible token that is starting to make waves in the cryptocurrency world. So let’s take a closer look at what they are and how they work.

The Birth of Pudgy Penguin 

Pudgy is a virtual penguin that was created by game developer Brian Flynn in late 2017. The original Pudgy Penguin was auctioned off for over 250 Ethereum (ETH), making it one of the most valuable NFTs ever created!

Where are Pudgy Penguins Stored?

Pudgy penguins are digital tokens that are stored on a blockchain. Unlike traditional cryptocurrencies like Bitcoin and Ethereum, which can be traded or used to purchase goods and services, pudgy penguins cannot be divided into smaller units. This makes them unique and more valuable than other types of tokens.

Unique NFTs

Unlike fungible tokens, which can be divided and traded in fractions, each NFT is unique and has its own identity. This makes them ideal for representing rare or one-of-a-kind items, such as championship rings or works of art. In addition, because they can’t be divided and exchanged like regular currency, NFTs tend to have a higher value than traditional tokens.

Pudgy Penguin NFT

Max Special Factor 

What makes pudgy penguins so special? One of the things that set them apart is their cuteness factor. They are also very rare, which makes them even more valuable. In addition, they can be used to represent ownership of assets like art or collectibles

Pudgy penguins are a new type of NFT that is being used to represent physical property. These tokens can be used to represent anything from land titles to rare collectibles. In addition, pudgy Penguin owners can use them to prove ownership and track the history of their assets.

Also Read: Bored Ape Yacht Club: What You Need to Know About This NFT – Crypto Bite

How do Pudgy Penguins Work?

To create a pudgy penguin, you first need to own some ERC20-compliant tokens. These can be acquired through an online exchange or from another user who already owns them. Once you have some tokens, you can use a special NFT creation tool to create a unique pudgy penguin that will represent your ownership of the underlying tokens. The pudgy penguin is then stored on the blockchain in a secure digital wallet, where it can be accessed by anyone who has the appropriate permissions.

What are the Benefits of Owning a Pudgy Penguin?

There are many benefits to owning a pudgy penguin, chief among them being security and liquidity. Since each NFT is unique and cannot be replicated, they are immune to fraud or theft. And because they are traded on decentralized exchanges, they can be quickly and easily converted into other assets, including traditional fiat currency. This makes them an ideal investment for those looking to hedge against volatility in the cryptocurrency markets.

Other NFTs

While Pudgy may be the most famous example of an NFT, he is certainly not the only one. In recent months, there has been a surge in the popularity of digital collectibles and games that use NFTs. Some of these games include CryptoKitties, Decentraland, and Axie Infinity.

Why The Hype? 

So why are NFTs so popular? Part of the reason is that they offer a unique way to collect and store value. Unlike fiat currencies or traditional assets, NFTs cannot be replicated or counterfeited. This makes them appealing to investors and collectors who are looking for a more secure way to store their wealth.

Another reason why NFTs are becoming more popular is because of their utility in games and other digital applications. For example, CryptoKitties uses NFTs to represent virtual cats that can be collected, traded, and sold by players. Similarly, Decentraland uses NFTs to represent virtual land parcels that users can buy, sell, or rent.

As the popularity of NFTs continues to grow, we are likely to see more innovative applications for them. So far, they have proven to be a valuable asset class with much potential.

How to Get Started with Pudgy Penguins

If you’re interested in purchasing pudgy penguins, there are a few things you need to know first. So here’s everything you need to get started with pudgy penguins.

  • First, you need to have a pudgy penguin wallet. This is where you will store your tokens. There are several different wallets available, so be sure to choose one that meets your needs.
  • Second, you need to find a reputable pudgy penguin exchange. These exchanges allow you to buy and sell pudgy penguins for other types of cryptocurrencies or fiat currency.
  • Finally, you need to know how to use the pudgy penguin protocol. This is the underlying technology that makes pudgy penguins work. If you’re not familiar with it, be sure to do some research before buying any tokens.

Since pudgy penguins are still in development, there are many unanswered questions about how they will be used. However, they have the potential to revolutionize the way we handle the physical property.

That’s everything you need to know about pudgy penguins. They may be a new type of token, but they are sure to be a big hit in the cryptocurrency world. So don’t miss out – get started today!

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NFT Non-Fungible Token

Bored Ape Yacht Club: What You Need to Know About This NFT

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If you’re looking for a new way to invest your cryptocurrency, look no further than Bored Ape Yacht Club. Bored Ape Yacht Club (BAYC) is a new type of Non-Fungible Token that’s been shaking up the crypto world lately. This NFT is quickly gaining in popularity, and for a good reason. In this article, we’ll describe what Bored Ape Yacht Club is and explain everything you need to know about it. We’ll also discuss the potential benefits of investing in this unique NFT. So read on to learn more about this exciting new opportunity.

What is an NFT?

An NFT, or Non-Fungible Token, is a unique digital asset that cannot be replaced. They are often used in gaming and virtual worlds and can be traded on decentralized exchanges.

What is the Bored Ape Yacht Club?

The Bored Ape Yacht Club (BAYC) is a non-fungible token (NFT) that was created on the Ethereum blockchain. It is an ERC-20 token, and it can be stored in any Ethereum wallet. The BAYC is used to access exclusive content and experiences from the Bored Ape team. The Bored Ape Yacht Club is a new type of NFT that was created by Greg Solano and Wylie Aronow. It is a members-only club that offers exclusive benefits to its members, including discounts on merchandise, early access to new products, and special events.

Also Read: What Is Blockster? (And What the Heck Is the BXR Token?) – Crypto Bite

Benefits of Owning a Bored Ape Yacht Club

The Bored Ape Yacht Club is one of the most popular NFTs available today. It offers users a wide range of exclusive content and experiences that cannot be found anywhere else. Some of the benefits of owning a BAYC include:

  • Access to exclusive videos, articles, and podcasts from the Bored Ape team
  • Exclusive discounts on products from the Bored Ape store
  • Entry into monthly raffles to win Bored Ape merch and other prizes
  • The ability to vote on and shape the future of the Bored Ape brand

How do I Join the Bored Ape Yacht Club?

To join the Bored Ape Yacht Club, you must first purchase a membership token. Membership tokens can be bought with Ethereum, Bitcoin, or other cryptocurrencies. Once you have a membership token, you will need to create an account on boredape.com and verify your email address. After that, you will be able to log in and access all of the club’s benefits.

Why Is Bored Ape Yacht Club So Cool?

There are several reasons why BAYC is so popular. Some of the key benefits include:

  • The ability to trade with other users on decentralized exchanges – This allows you to buy, sell, or trade BAYC tokens with ease.
  • The use of an off-chain auction system -This ensures that the value of BAYC remains high and stable.
  • Partner brands and businesses -BAYC has partnered with several well-known brands and businesses, allowing users to redeem rewards for products and services.

How Can I Get Involved?

If you’re interested in learning more about Bored Ape Yacht Club or want to get involved, there are a few things you can do:

  • Visit the official website at boredapeyachtclub.com for more information on how to purchase BAYC tokens.
  • Join the official Discord server to chat with other users and learn more about the project.
  • Follow the official Twitter account to stay up-to-date on the latest news and developments.

BAYC is quickly becoming one of the most popular NFTs out there, so don’t miss your chance to get involved!

If you’re looking for an NFT that offers a lot of value, the BAYC is definitely worth considering. It’s one of the most popular options on the market, and it provides users with a ton of great benefits. If you want to learn more about this NFT, be sure to check out the official website.

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Decentralized Social Media With Plugin.io

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If you’re looking to make a little cash from your social content, then Plugin.io is the answer. Plugin.io helps you get paid for your social content and provides decentralized social network services which allow you as the user to very easily tag their social media posts with NFTs.

About Plugin.io Decentralized Social Media Platform

The Plugin.IO team is based in Manchester and England. The team’s mission is to build
the world’s first crypto-social network on decentralized tech, also known as web 3. This
mission came from their desire to leave mainstream social networks and provide
better user data policies and greater freedom.

Plugin.io Current Status

The Decentralized Social Media platform is still in its early stages. Just like with most early platforms now is the time to get the most benefit and freebies.

Currently on plugin.io you can submit standard posts, like comment, etc. There are a lot of feature plans that will be rolling out this year.

If you want to get in early you can sign up here.

To help eliminate spam there is currently an NFT to purchase to start. In return you will receive early tokens. I opted for the early bird diamond package.

plugin.io decentralized social media

Future Additions for Plugin.io

  • NFTs minting with Solana and possibly additional blockchains.
  • An on platform 3D engine.
  • A metaverse.
  • Live video feed posting.
  • An on platform game app store. This has started but is not 100% complete yet. There are some games to play. They are still working on tutorials and development tools.
  • The abilty to add plugin apps and games to your website.

There are a lot of discussions on additional features later but these are the main focus at this time.

Plugin.io Developer Resources

  • Getting started- where you can commence building your very first application.
  • Tutorials- where you can follow their step-by-step guide to building some aging web applications.
  • Documentation – where you can learn more about specific development features through the documentation pages.
  • Developer blog- where you can follow developer news as well as learn about
  • SDK updates with their developer blog.

Recommended Reading: Cryptobrowser – Earn Money Surfing the Net – Crypto Bite

Plugin.IO SDK

The plugin.IO SDK allows you, the developer, to very easily add plugin.IO features to
your web applications. The features include login, monetization, social sharing, and
microdata storage, a marketplace and NFT features, and much more.
Plugin.IO’s focus is to provide greater user experiences with simplicity and most of the
SDK features are available using a single API call.

The contents include

  • Getting started
  • Advert API
  • Analytics API
  • Camera API
  • Console API
  • Purchase API
  • Share API
  • User API

Plugin.IO’s Core Values

Innovation- they are fully committed to the ideals of decentralization and web 3.0, which includes the integration of various digital currencies and NFT’s as well as wallet ids and decentralized p2p asset hosting.

Trust-Plugin.IO has adopted an industry-leading position of trust with you, their user. Their guiding principles are founded on the idea that privacy is of the utmost importance and a fundamental right for users. They believe that the collection of personal data should be accordingly limited. Plugin.IO is different from other social network services. They vow never to sell any of your data, build extensive behavior profiles, and not use any tracking cookies whatsoever.

Plugin.IO has the collective vision, which places technology as an incredible tool that can be used for good. Its mission is to enable you to have individual liberty and improve all human lives.

Environmental Responsibility- Plugin.IO takes environmental impact quite seriously. They’ve made a clear decision to avoid any proof of work consensus for their NFTs and NEKOs. They use a private and permissioned blockchain along with industry-leading authorities.

Plugin.IO can be found on other social media such as LinkedIn, Twitter, and Instagram.

As they continue to innovate in the social and creative space, Plugin.IO promises to deliver better real-world application services.

Plugin.IO is pretty fair and trustworthy. Everything is transparent to you, the user. So sign up today and start making some easy cash. You can also earn up to $50 just by referring a friend.

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