First Tezos NFT Launched by Smartlink

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Smartlink, the Tezos Ecosystem development company, announced that it has launched the first NFT (non-fungible token) on the Tezos blockchain via its Smartlink Launchpad. This launch represents one of the first NFTs to be launched onto the Tezos blockchain, as well as one of the earliest use cases of non-fungible tokens on any public blockchain platform. The token was issued by Trending Trends and will initially be used to provide access to various exclusive cryptocurrency trading signals and market insights.

What Is an NFT?

Non-fungible tokens (NFTs) are crypto assets that have unique characteristics, such as being rare, hard to duplicate, or even unique. Another type of crypto asset that is becoming more and more popular are fungible tokens (or crypto-commodities), which can be exchanged for other fungible tokens of the identical kind. These assets can be transacted and exchanged among various parties without changing their underlying value.

Blind minting makes the entire NFT acquisition process

100% automatic, 100% provable, and 100% trustless. Users won’t have to worry about any of these things when they use a Smartlink launchpad because all their interactions with it will be fully on-chain. With Blind Minting, there are no secret contracts or private transactions—just simple, honest transactions happening on a public blockchain. And, for users that prefer privacy, we’re also building in KYC functionality so you can stay anonymous but still do business using your favorite cryptocurrencies. No matter which features end up being most popular, one thing is clear: thanks to Blind Minting and our unique approach to launching NFTs, no one else can offer anything close to what we can! And we’ll get started right away by offering our first token: SNT-TOKEN!

What Can The Future Hold?

Smartlink is proud to be one of the first companies to publicly announce an intention to launch a non-fungible token on Tezos. What does that mean for our customers and us? Let’s talk about it. Non-Fungible Tokens (NFTs) are a special class of tokens created in compliance with ERC721, which allows for each token to have a unique identity. One use case we expect will be popular is being able to transfer ownership of an entire set at once. For example, imagine buying part or all of your favorite sports team’s fan gear or memorabilia with its digital identifier attached, such as owning season tickets! Numerous other applications in gaming and collectibles don't make sense on Ethereum or another standard blockchain platform due to scaling problems with their architecture, gas cost issues from handling thousands of transactions per second (TPS), or because they require third-party intermediaries like exchanges that Ethereum doesn't allow access to just yet.

SMURKS: First Launch on Smartlink NFT Launchpad

SMURKS is a digital art project created to engage and capture people's imaginations in an immersive, interactive manner. It is an audiovisual experiment on a global scale that explores connections between technology, humanity and nature. To celebrate their launch, all participants will receive unique SMURKS ownership tokens, which can never be copied or traded with other participants. These are Non-Fungible Tokens (NFTs) stored in Ethereum smart contracts. Unlike cryptocurrencies, they represent non-redeemable 'experience points' earned by those involved directly or indirectly through social interactions – even after their launch has been completed. Ownership is controlled via Ethereum wallet addresses designated during registration – both public addresses (to identify individuals or companies) and random private keys (to anonymous participants). Any cryptocurrency can be used as payment but Ethereum would encourage token owners to use Ether as currency on any future Launchpad event.

What Are Some Tips?

When releasing a new NFT on an existing blockchain, there’s an array of factors to consider. It’s important to understand all of them, but one of the biggest is supply. After all, what’s to stop someone from creating 10 billion units and selling them in droves? To create enough trust in your digital token, you need to make sure that its supply stays relatively low for some time. One way to do that is through launching as part of a high-profile Initial Coin Offering (ICO). This gives potential buyers something else other than just your technology: scarcity. If people don’t see something available for purchase, they may not believe it will be worthwhile down the line. By doing something like hosting an ICO—or even giving away tokens as part of a limited-time pre-sale—you can help spur initial demand. Then again, most people don’t want to get stuck with tokens they never use; so look into methods like a burn or share logic to give current holders reason to keep their hands off and allow you time to foster proper adoption over time.

About Smartlink

Smartlink is proud to launch its first token on-chain and as a non-fungible token (NFT). The soft launch of our mascot, SmartieKatz, marks our commitment to launching a diverse offering of high-quality collectibles, beginning with non-fungible tokens. As an early supporter of Tezos smart contracts, we believe that all forms of blockchain governance will change how businesses interact in their respective industries and we hope to be at the forefront of that change.