Business, Fine Art and Artists, Free News Articles

The NFT Art Market Just Got Safer and Faster – VR-All-Art Integrates Solana Blockchain to Develop New Protocol

ZUG, Switzerland -- VR-All-Art, one of the leading platforms for exhibiting and acquiring art in virtual reality, today announced an integration with the Solana blockchain. The adoption of a blockchain infrastructure for virtual exhibitions is meant to ease art trade in virtual reality while bringing liquidity and regulation to the growing NFT art market. The platform will ensure that art registered on the blockchain is compatible with established regulations and copyright laws by developing the All-Art Protocol on Solana.

With the All-Art Protocol, VR-All-Art is aiming to bring constant liquidity to the world of tokenized art by creating a unique type of AMM (automated market maker) liquidity pools for NFTs. The protocol introduces a new standard, the NFT-PRO, designed for stakeholders in the art market. The NFT-PRO standard will enable artists to customize license rights for each art piece they create and embed them into NFT-PRO smart contracts. Through this mechanism, the All-Art Protocol will protect both artists and collectors, while enabling new use cases for owning, exhibiting and trading art on the blockchain.

"What we have witnessed with the latest trend in registering art as NFTs is a lack of proper infrastructure to handle the demand," said Vitomir Jevremovic, CEO and Founder of VR-All-Art. "Ethereum transactions are slow, while the fees for minting and trading NFTs are skyrocketing. The environmental impact of a single NFT mint is enormous. This is not sustainable. Artists and galleries need affordable ways to put their art on the blockchain and have real-time transactions to handle live auctions. This is why we have chosen Solana. It is the fastest and most promising blockchain with a low energy-consumption footprint. We simply need things to work when people are minting NFTs and creating virtual exhibitions."

Talking about the NFT standard currently in use, Jevremovic said, "The art market got a good introduction to what blockchain can do for it, but it was a tough lesson to learn because NFTs are just not a good enough solution." He went on to state, "With the current NFT model, you basically own a string of text in the form of a hash or a link. This is not an art piece. We need better ways to incorporate art license rights into smart contracts. We believe the global art market needs a blockchain standard in line with the regulatory framework for art. Only then can we expect the art market to expand and scale in the digital and virtual space, with more people engaging and transacting value through NFTs."

Anatoly Yakovenko, the President of the Solana Foundation said, "Fast, low-cost NFTs have the potential to bridge legal rights and digital authentication in ways never before possible. I'm delighted the All-Art Protocol is choosing to build on Solana, and look forward to their launch." VR-All-Art invites other platforms to use the All-Art Protocol and join its efforts to regulate the NFT art market and provide more liquid assets for stakeholders.

Don't miss any news about the All-Art Protocol and hot NFT topics on Twitter @allartprotocol.

About VR-All-Art

VR-All-Art is an established platform in the art and XR space. It is a platform and a marketplace for artists, galleries, museums and the general public to exhibit, explore and acquire art in virtual exhibitions. A virtual space, a metaverse of galleries and exhibition spaces with no physical boundaries, it is revolutionizing art exhibitions and art spaces by giving new power to artists as they are no longer constrained to the limitations of real world space and time.

To learn more, please visit https://vrallart.com/. To learn more about the All-Art Protocol, please visit https://allart.io/.

About Solana

Solana is a high-performance Proof of Stake (PoS) blockchain focused on delivering scalability without sacrificing decentralization or security.

Until now, blockchains have been single-threaded computers, guaranteeing no two transactions conflict if executed in parallel. Solana unlocks concurrent GPU-parallelization for the first time, using Proof of History (PoH), a clock before consensus, delivering high speed, low latency, and inexpensive transactions, all at layer 1 without sharding.

Developed by a team of former Qualcomm, Apple, Intel, and Dropbox engineers, Solana is stewarded by The Solana Foundation and is advanced by a loyal community of decentralized developers around the world. To learn more, please visit https://solana.com/.

*PHOTO link for media: https://www.Send2Press.com/300dpi/21-0518s2p-vrallart-300dpi.jpg

Related link: https://vrallart.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Fine Art and Artists, Free News Articles

The NFT Art Market Just Got Safer and Faster – VR-All-Art Integrates Solana Blockchain to Develop New Protocol

ZUG, Switzerland -- VR-All-Art, one of the leading platforms for exhibiting and acquiring art in virtual reality, today announced an integration with the Solana blockchain. The adoption of a blockchain infrastructure for virtual exhibitions is meant to ease art trade in virtual reality while bringing liquidity and regulation to the growing NFT art market. The platform will ensure that art registered on the blockchain is compatible with established regulations and copyright laws by developing the All-Art Protocol on Solana.

With the All-Art Protocol, VR-All-Art is aiming to bring constant liquidity to the world of tokenized art by creating a unique type of AMM (automated market maker) liquidity pools for NFTs. The protocol introduces a new standard, the NFT-PRO, designed for stakeholders in the art market. The NFT-PRO standard will enable artists to customize license rights for each art piece they create and embed them into NFT-PRO smart contracts. Through this mechanism, the All-Art Protocol will protect both artists and collectors, while enabling new use cases for owning, exhibiting and trading art on the blockchain.

"What we have witnessed with the latest trend in registering art as NFTs is a lack of proper infrastructure to handle the demand," said Vitomir Jevremovic, CEO and Founder of VR-All-Art. "Ethereum transactions are slow, while the fees for minting and trading NFTs are skyrocketing. The environmental impact of a single NFT mint is enormous. This is not sustainable. Artists and galleries need affordable ways to put their art on the blockchain and have real-time transactions to handle live auctions. This is why we have chosen Solana. It is the fastest and most promising blockchain with a low energy-consumption footprint. We simply need things to work when people are minting NFTs and creating virtual exhibitions."

Talking about the NFT standard currently in use, Jevremovic said, "The art market got a good introduction to what blockchain can do for it, but it was a tough lesson to learn because NFTs are just not a good enough solution." He went on to state, "With the current NFT model, you basically own a string of text in the form of a hash or a link. This is not an art piece. We need better ways to incorporate art license rights into smart contracts. We believe the global art market needs a blockchain standard in line with the regulatory framework for art. Only then can we expect the art market to expand and scale in the digital and virtual space, with more people engaging and transacting value through NFTs."

Anatoly Yakovenko, the President of the Solana Foundation said, "Fast, low-cost NFTs have the potential to bridge legal rights and digital authentication in ways never before possible. I'm delighted the All-Art Protocol is choosing to build on Solana, and look forward to their launch." VR-All-Art invites other platforms to use the All-Art Protocol and join its efforts to regulate the NFT art market and provide more liquid assets for stakeholders.

Don't miss any news about the All-Art Protocol and hot NFT topics on Twitter @allartprotocol.

About VR-All-Art

VR-All-Art is an established platform in the art and XR space. It is a platform and a marketplace for artists, galleries, museums and the general public to exhibit, explore and acquire art in virtual exhibitions. A virtual space, a metaverse of galleries and exhibition spaces with no physical boundaries, it is revolutionizing art exhibitions and art spaces by giving new power to artists as they are no longer constrained to the limitations of real world space and time.

To learn more, please visit https://vrallart.com/. To learn more about the All-Art Protocol, please visit https://allart.io/.

About Solana

Solana is a high-performance Proof of Stake (PoS) blockchain focused on delivering scalability without sacrificing decentralization or security.

Until now, blockchains have been single-threaded computers, guaranteeing no two transactions conflict if executed in parallel. Solana unlocks concurrent GPU-parallelization for the first time, using Proof of History (PoH), a clock before consensus, delivering high speed, low latency, and inexpensive transactions, all at layer 1 without sharding.

Developed by a team of former Qualcomm, Apple, Intel, and Dropbox engineers, Solana is stewarded by The Solana Foundation and is advanced by a loyal community of decentralized developers around the world. To learn more, please visit https://solana.com/.

*PHOTO link for media: https://www.Send2Press.com/300dpi/21-0518s2p-vrallart-300dpi.jpg

Related link: https://vrallart.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Funding and Investment, Product Launches

NFT-craze continues: the first NFT house on the Moon is up for sale for $100,000

NEW YORK, N.Y. -- Today, Roman Kropachek, co-founder of CleverFiles, serial IT entrepreneur, has announced the bid for the first ever NFT house on the Moon. The project has been in development by the team of architects and 3D visual artists with a total of over 1500 hours invested in its design, and turned into a viable plan for construction, including a detailed 3D map, interior and exterior visualization and planning. The bid starts at $100,000 equivalent in Ether and is available for purchase at Open Sea.

Should the house be sold for more than $100,000, the rest of the proceeds made from the 3D digital file will head to the U.S. Space & Rocket Center Education Foundation to inspire the next generation of innovators and pioneers through technology, engineering, and mathematics programs.

"Experimenting and taking risks is an integral part of my entrepreneurial DNA. I've always wanted to create some unconventional products, and with the development of the NFT-art, the opportunity presents itself. The team and I have spent over 1500 hours in total working on it and it actually became a viable plan of the house, with its interior and exterior design, room layout, materials to be used and so much more. The buyer will not only get the originals of the digital files, but also a daytrip on my yacht in Miami as a bonus," says Roman Kropachek.

The Moon house is not the only thing to be sold as an NFT art by Kropachek. Another perfect imperfection to be auctioned, is a series of corrupted images called "Stunning Fragmentation" that were created during the data recovery with Disk Drill. The series consists of 6 images, each of them to be auctioned for $50,000 equivalent in Ether at Open Sea.

CleverFiles lab's data recovery attempts sometimes result in distorted photos. It can be considered as both: accident and art. In some cases, Disk Drill's internal algorithms and macOS file system procedures may come up with something random, unique and beautiful at the same time. File fragmentation, unpredictable internal code labyrinths, combined with version compatibility mismatch, and corrupted data storage trick Disk Drill's Deep Scan and macOS Quick Look into creating distinct art effects when reconstructing partially recovered TIFF images. One of the examples is the Star Wars wallpaper that was previously stored on macOS 11 Big Sur, turned into a corrupted file and an NFT artwork.

Both offers are available at Open Sea, the world's largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs).

Learn more: https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/65213817091493522833689331958610492281659304869464207112996087112323771138049

About Roman Kropachek

Roman's journey in entrepreneurship started in 2000, at a time when the very young ventured into private entrepreneurship in 3D modeling, designing and development of websites, SEO, and marketing.

In 2002 he co-founded Eltima, a global technology development company providing premium software solutions for Windows, Linux macOS, and Android platforms, and where he also acts as the designer and marketing strategist. In 2009, he co-founded Cleverfiles, a company that has grown to be a top data recovery vendor in the United States. He also co-founded Netspot App, a Wi-Fi survey app for Mac.

About CleverFiles

CleverFiles is a US-based software development company, specializing in data recovery solutions, creators of Disk Drill for Mac & Windows. Our mission is to secure personal data one computer at a time. Empowering users with affordable tools to solve everyday technical challenges. Clever Data Powers Clever Decisions. For more details please visit: https://www.cleverfiles.com/

MEDIA CONTACT:
Alina Mulova
alina@cleverfiles.com
404-512-2336

MULTIMEDIA:

*VIDEO (YouTube): https://youtu.be/s1fXGTFpjTk

*IMAGE LINK FOR MEDIA: https://www.Send2Press.com/300dpi/21-0505s2p-cf-moon-house-300dpi.jpg

Related link: https://www.cleverfiles.com/

This news story was published by the Neotrope® News Network - all rights reserved.