🔹NFT Overview
$CHOO NFT overview
Here we will discuss $CHOO NFTs and our stages of development in the token and NFT roadmap. We will explore each phase of our roadmap.
What are NFTs?
Non-Fungible Tokens (NFTs) are unique digital assets marked with special identifiers that set them apart from one another. It’s a one-of-a-kind technology that establishes ownership over anything from: artwork, trading cards and antiques to real estate projects, meaning that the possession of an NFT instantly grants property rights over real-life objects digitally tied to the token. Think of NFTs as proof of ownership, whereas fungible cryptos operate like any other real-world currency.
NFTs can be used to simplify transactions, remove mediators and establish new markets. And it’s the safest way to sell unique assets online. For example, tokenized paintings will grant you a digital certificate that’s impossible to forge because records are stored on a blockchain ledger monitored by thousands of computers worldwide. NFTs even have additional features such as smart contracts that can grant people a cut from any future token sales. It’s also possible to merge one NFT with another to produce a whole new token.
What is the predicted value of the NFT industry?
Global research firm VMR (Verified Market Research), the overall value of the NFT market is expected to rise to $231 billion by 2030.
What is the role of $CHOO NFTs?
We want to reward our early holders with NFT royalty sharing, and NFT staking. Then our next stage is move onto brand awareness, with the Anime Series DAO, Metaverse gaming partnerships, and Cross Chain Ambassadors. We then revenue generation with the Music NFT Platform: "CHOO CHUNES" .
Which NFTs will be available first?
Raider NFTs and Staking NFTs will be available initially. This will be followed by our brand awareness and revenue generating NFTs.
Where can I mint a Chooky NFT?
You can mint any Chooky related NFT on our bespoke dApp here. Please seen scheen shot of the minting dApp below:
Can I resell my NFTs on the open market?
For our initial runs of NFTs on the Ethereum network, yes, you can sell your NFTs on Opensea.
What are the phases of NFT development?
In phase 1 we will focus on brand awareness with our "staker" and "raider" NFTs. Then we move to brand recognition where we form partnerships with gaming projects ("Gamer NFT") and in some cases await game development. We will also produce the anime TV series and market upon release. Concurrent to this we will roll out the brand ambassador NFT selection of cross-chain NFTs. In phase 3, we begin brand establishment, where we have a business model of generating external revenue aside from NFTs; this will be from our music NFT platform: "CHOO CHUNES". Please see the diagram below:
Phases of NFT development
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