Tags: NFT, Non-Fungible Tokens, Tokenization

NFTO Will Realize the Effective Connection Between Blockchain Technology and Artworks

The Tokenizer June 3, 2021

Recently, NFTO announces that it has made a major breakthrough in promoting the NFTization and blockchainization of the world’s top artworks. NFTO Coin NFTO One is supported by the underlying technology of the world-renowned public chain Ethereum, combined with the world’s largest distributed data storage system BitTorrent, and developed a blockchain project dedicated to the NFT and blockchainization of the world’s top artworks.

NFTO’s business includes sponsoring art museums, organizing art exhibitions or publications, setting up awards, supporting art creation and art criticism, and establishing related art collections. NFTO allows small businesses to create their own NFT malls without coding, helping NFT authors to easily issue NFTs and detect counterfeit/similar content for copyright protection purposes; It provides a platform for NFT collectors to conduct transactions at a lower cost. To NFTO’s vision Become the ARK Ark star project in the NFT field, become a bridge between the world’s top artists and the blockchain, and support the growth of native NFT artists in the crypto world To NFTO values Let art return to the masses.

The establishment of NFTO is based on the background that NFT has become an industry boom, blockchain technology continues to develop in depth, and it is integrated into the real world to establish deeper and deeper links. At present, there are three application scenarios in the blockchain industry: one is the value transfer scenario; the other is the collaboration scenario; the third is the evidence storage scenario. NFT combines these three scenarios with its particularity. NFT is not only a new upsurge in the blockchain, but it is also very likely to be the breakthrough point for the industry to break through the bottleneck and achieve success.

To NFTO will explore and promote the actual implementation of blockchain in different application scenarios through the practice of blockchain technology in the field of NFT, using traditional well-known artworks and well-known NFT artworks as the underlying assets to improve the industry standards of NFT transactions, and Government departments, universities, lawyers, and industry elites cooperate to support the introduction of relevant industry governance policies and promote the sound development of the industry. In addition, the project will further improve its own construction, release the progress of the project every month, and publish the audit report every year. Industry professionals are welcome to supervise.