Business, Free News Articles

NOOFT Project to create the NFT Search Engine

SHERIDAN, Wyo. -- NOOFT project is a one-stop-platform for the NFT market, with a unique AI-based ecosystem designed to filter and index millions of NFTs from marketplaces around the web so that NFTs' enthusiasts can get everything they need about the NFT world in no time. In an NFT world with various marketplaces and NFTs minted on different blockchains that make it hard for the end user (both creators and owners) to navigate them all, the NFT enthusiasts have now access to the entire NFT world through just one platform: NOOFT.

NOOFT project - NFTs integrated ecosystems

NOOFT project aims at integrating the NFT marketplaces, by creating:

* NOOFT search engine: integrating marketplaces across the world, NOOFT is the one-stop-platform to search and discover NFTs so users can find what they are looking for easier and faster. Also, the ads will help the NFTs creators & marketplaces to promote their assets.

* NOOFT for creators: as there is no evolution without constant learning, NOOFT brings a comprehensive NFT academy designed for both NFTs beginners and experts.

* NOOFT terminal: where NFT experts will have access to a high level analytics platform where they can dive deeper into the NFT world.

NOOFT token

The partnership the Nooft Project has with the NOOFT token will grant users access to special discounts for services on the NOOFT platform. As a loyalty utility token, NOOFT token will enable holders to explore and enjoy all the perks of the NOOFT project's features.

NOOFT search engine - next stop

When creating or buying an NFT, the user faces the challenge of multiple marketplaces and systems that require time and energy to get used to them, to get all the information needed. Here is where the NOOFT platform steps in with its NFTs search engine that will help the users to navigate the NFT world faster and easier. Therefore, the next stop in the NOOFT project will be the MVP version of the NFT search engine, starting from Q2 in 2022.

Learn more at: https://nooft.io/

Nooft Technologies Inc. is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Related link: https://nooft.io/

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, 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.