What is NFThistory, and Why Should It Matter to You?
NFThistory enables you to own a piece of history. That could be your birthday, an important moment in your country’s history, or even the birth of Bitcoin. Through NFThistory, you can own something entirely unique, something nobody else has.
How amazing is that?
Before we further discuss the NFThistory project, let’s first define what NFTs themselves are. After all, NFT sales surged to $10.7 billion USD in quarter 3, 2021 — up 8x from quarter 2.
ATTENTION! Join the NFThistory community, where you can talk with the team directly!
Telegram: https://t.me/joinchat/YcRfl1edZ1cyNTA0
Twitter: https://twitter.com/_NFThistory
Join our promo contest and win an NFT! See this link: https://nfthistory.medium.com/giveaway-announcement-win-an-nft-nfthistory-tokens-today-6c418984e218
What does NFT stand for?
NFT stands for non-fungible token, which is a completely unique piece of data. NFTs are unique in that even though two of them might have the same market value, they’re not mutually interchangeable.
For example, two $10 bank notes have different serial numbers and they’re unique in their own right. However, they can be substituted for one another. This is not the case with NTFs.
NFTs leverage blockchain technology to have a public and verifiable proof of uniqueness and ownership. Each NFT has its own digital and cryptographic signature that confirms its uniqueness.
How do you create NFTs?
There are plenty of tutorials online, like this one, but the general process for how to create NFTs is as follows:
- Sign into your crypto wallet (or create one).
- Connect your wallet with an online service for minting NFTs.
- Upload your digital art, imagery or information.
- Pay gas fees if the NFT is on the Ethereum blockchain.
- Sign the action and the token should land in your wallet.
Here’s a helpful article that goes into much more detail on this topic:
https://coinmarketcap.com/alexandria/article/how-to-mint-an-nft
Since NFTs are great for creating unique art, and protecting intellectual property, it makes sense that art is the first big use case for NFT. Artists can finally make creations that won’t get stolen, and get compensated fair value for that work.
At NFThistory, we believe the NFT industry will become a trillion-dollar sector, as many investors have said. The technology has use beyond art. From preserving medical records to documenting history, NFTs will become mainstream and their benefits will spread across industries.
What we’re doing at NFThistory
What sets NFThistory apart is the reality of existence itself.
Each “moment” in time is unique and unrepeatable, no matter how similar two of them might be to each other.
- The Battle of Waterloo in 1815 won’t occur again.
- A human will never land on the moon for the first time again.
- Bitcoin will never be invented again.
These moments in time sound like an NFT themselves, don’t they? Think if you could own that moment in human history. That would be incredibly valuable.
This is the big idea behind NFThistory: To enable people to own their piece of history, something entirely unique from anything else in the world.
After all, everybody can own a house, a car, a shoe or a business. But how about being the only owner of something unique? We made it possible to own, sell and buy dates — any moment of human history from discovering America through your birthday to creating Bitcoin.
Yes, you read that right.
With NFThistory, you can buy, own and sell historic events themselves as NFTs.
How NFThistory works
The way NFThistory will work is as follows:
1. You buy some $HSY tokens
2. You go to the NFThistory marketplace.
3. You pick the day you wish to acquire, and place your bid.
4. A 24 hour auction starts. If you win the auction, you can enjoy being the sole owner of the date.
5. Users can upload and customize their NFTs with pictures or other media, or sell it for a better price (Optional, of course).
Some more rules and details on the NFThistory platform
- You’ll need HSY tokens to buy dates.
- You can’t buy future dates.
- The first date that can be bought is Jan 1st 2900 BC, and the last date is whatever day it is at the time of purchase.
The NFThistory platform will enable users to stake their HSY tokens and generate returns on them.
Finally, the platform will operate on the Binance Smart Chain. The HSY token will a BEP-20 token.
For more information, check out our website: https://www.nfthistory.io/
Why should NFThistory matter to you?
Company stocks like Apple and Tesla have certainly delivered benefits for many folks. Owning a house is a lifelong dream for many, and it’s still considered one of the most important purchases people ever make.
The point is this: You have options when it comes to owning assets. But you don’t have many 100% unique options.
At NFThistory, we believe there’s immense value in uniqueness (and we’re history lovers). So, we built a platform that gives you the opportunity to own something 100% unique: A date or moment in history.
Think of the power of having something unique in your wallet, like the date Genghis Khan’s army reached Europe or the date Charles Darwin published The Origin of Species. You’d be the only person to have that important moment as an NFT.
The possibilities are endless with documenting history as NFTs. And we’re just getting started at NFThistory. Join our community, and you can be the owner of something truly unique: A date in history!
Join the NFThistory community, where you can talk with the team directly!
Telegram: https://t.me/joinchat/YcRfl1edZ1cyNTA0
Twitter: https://twitter.com/_NFThistory
Join our promo contest and win an NFT! See this link: https://nfthistory.medium.com/giveaway-announcement-win-an-nft-nfthistory-tokens-today-6c418984e218
