SugarFactory#Bsc, Actively Promoting Artists with Marketing!
SugarFactoryBsc is a digital company that aims to give to artists & creators an exclusive access to our platform where soon they will be able to turn their ideas and concepts into NFTs.
Our NFT’s & DeFi platform soon materialized as a digital marketplace, will serving as a window for each artists and creators in a creative process and will help them turns Arts into Cryptos.
We will allow creators to share their artwork worldwide through our website who is actively promoting artists with marketing. This way people will be able to discover the creative journey behind each piece and each product created by our featured artists.
1. Quick reminder from “Binance Academy” about NFT?
“A non-fungible token (NFT) is a type of cryptographic token that represents a unique asset. NFTs are tokenized versions of digital or real-world assets:
• They function as verifiable proofs of authenticity and ownership within a blockchain network.
• They are not interchangeable with each other and introduce scarcity to the digital world.
“Fungibility” refers to the property of an asset whose individual units are interchangeable and essentially indistinguishable from each other.”
Read the full article, credits*** academy.binance.com, author*** John Ma.
2. A Marketplace deployed on the Binance Smart Chain.
Now we know that NFT are useful to represent digital or physical assets that cannot be divided, with the amazing power of Blockchain Technology there are now multiple types of virtual assets (from Virtual Worlds to Football Fantasy Cards for example) and during late 2020 and 2021 the NFT market has reached incredible levels of monetization in different areas including arts, music, memes, tweets and all kinds of NFT.
NFTs can be securely stored in the blockchain and the “asset” representing the NFT, such as images, documents, videos, etc. can be transferred, sold or auctioned.
We will deployed our marketplace on Binance Smart Chain Network known for its transaction speed and low cost of fees but also because Binance Smart Chain is one of the major platforms at the forefront of the DeFi movement allowing users to enjoy decentralized applications.
A. Features (fully compatible with the ERC-721 Standard):
- Ownership: Only one account can own a NFT at a time.
- Transfer: Your token can be transferred directly.
- Approval: Your token can be transferred by approval.
- Mint: For the Beta version, only registered and authorized users can mint new NFTs.
- Sell: Owners can sell their NFTs and any user can buy.
- Auction: Owners can auction their NTFs by setting a minimum reserve amount, and any user can auction.
B. Formats (image, video, audio, document):
- Image: .png, .jpg or .gif, a unique file like piece of art, picture, profile, etc.
- Video: i.e. .mp4 and .ogv., a recording, animation, short movie, etc.
- Audio: i.e. .mp3 and .ogg., a song, podcast, effects, etc.
- Document: text, property, license, loan, debt or any other document.
3. Become a Creator with SugarFactoryBsc!
In order to protect collectors and give authenticity to each piece, we will give our creators the possibility to create their fully-featured artwork and each concept will be minted on an NFT through our platform, creating this unique piece where art & crypto unite.
Then alongside with the ownership for the creator of the NFT, collectors will take a little bit of history and essence of the artists. This way our community will not have only a unique piece of art in time but also a piece of a unique moment share by artists locked inside an immutable digital objects that will last for eternity.
“Our digitals assets will be stored on the InterPlanetary File System (IPFS) decentralized network, a protocol and a peer-to-peer network for storing and sharing data on a distributed file system. Which means that your media will be stored in a decentralized and unstoppable system with a unique identifier. In this way virtually no one can delete these assets safeguarding the rights of the owner.”
To become a creator click this “button”.
© 2021 SugarFactoryBsc — Tha Doge Pound
