Fractals nft

fractals nft

After Christie’s auction house sold the first-ever NFT artwork — a collage of images by digital artist Beeple for a whopping $69.3 million — NFTs have suddenly captured the world’s attention.As it intensified digital relationships, the covid-19 pandemic also accelerated the spread of a trend that’s now starting to involve more and more sectors, including, of course, food & beverage. International brands such as Pringles or Taco Bell already experimented with NTFs, but the more interesting opportunities come from wine collectors, who are especially interested in the authenticity and trackability of the products they buy.TREND EVIDENCES:YahynandSkipstone Wineryhave announced the forthcoming launch of a collaborative non-fungible token (NFT) to inspire the future of digital wine collecting.

Fractals nft

Even though exploring the totality of its richness is impossible for finite beings, we are fortunate enough to live in the age of information. Modern computers allow us to numerically approximate the boundaries of the Mandelbrot set up to a certain level of depth. However, the magic world hidden in the Mandelbrot becomes more complex and more interesting as one increases the zoom factor.
As our civilization advances and more powerful computing machines will become available, future generations will have the luxury of enjoying the deeper and deeper wonders of the Mandelbrot.

Mathematically, the Mandelbrot is defined as the set of points $c$ of the complex plane for which the function $ f(z) = z^2 + c $ does not diverge to infinity when iterated from $z=0$.

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  • Advertisers strive to conclude a profitable and secure deal, with minimal losses and maximum efficiency of the advertising budget.
  • Verifiers (publishers and ad networks) are looking for heightened user engagement, traffic growth, and ad revenue.
  • Insurers need an active advertising market to optimize staking rewards.
  • Certifiers (intermediaries) aim to maximize added value for customers, as well as partner with new customers to shape sustainable business models.
  • According to Whitepaper of the project:

    Users pay Attesters;

    Advertisers pay Bid Prices;

    Advertisers stake in Ad Escrow;

    Verifiers stake in Arbitrage Escrow;

    Insurers stake in Arbitrage Escrow;

    Attesters get paid for issuing Credentials.

    The maximum supply of FCL that will ever be released to the market is 465,000,000 coins.

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    TREND DEFINITION:Winemakers are jumping on the last cryptocurrency phenomenon to create more value around their products.

    TREND HISTORY:Standing for Non-fungible tokens, NFTs are the latest cryptocurrency phenomenon to go mainstream. Everybody talks about them, but… what exactly are NFTs? And most importantly: why is the food & beverage industry starting to put an eye on them?In the simplest terms, NTFs transform digital products (like works of art and other collectibles) into one-of-a kind, verifiable assets that are easy to trade on the blockchain (the digital database underpinning cryptocurrencies such as bitcoin and ethereum).In 2020, the trade volume of the NFT market surpassed $250 million, a four times increase from 2019, and the crypto-collectibles have already been endorsed by influential tech personalities such as Tesla’s Elon Musk or Twitter’s Jack Dorsey.

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    Fractal community and potentially in third-party games as well.

    Players will be able to buy gaming NFTs directly from Fractal gaming partners as well as discover, buy and sell gaming NFTs from other players.

    “Fractal is a marketplace for gamers made by gamers,” said Sebastien Borget, cofounder of The Sandbox, in a statement. “We believe it can help bring new audiences to discover NFTs and the possibilities offered by our open gaming Metaverse, so we’re happy to see users will soon be able to exchange, sell their virtual Lands NFTs and game assets on Fractal.”

    Many gaming companies today are already generating the bulk of their revenue from selling digital goods that have in-game value to players and Fractal is the first marketplace to focus on gaming NFTs.

    “We’re really excited to be working with Fractal,” said Albert Chen, CEO of Genopets, in a statement.

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    We believe their gaming-focused NFT marketplace will bring innovative functions that help us expand the play-to-earn experience to gamers around the world.”

    Game companies have found a new kind of Kickstarter with the tokens they’re launching, sometimes ahead of when the game is ready and sometimes after it has launched.

    Project verification will be an important task, as no one wants to see a company announce a 10,000 item limited edition NFT drop and then discover 70,000 fake items for sale in a market. Discoverability for new projects is also important. And crafting the right kind of NFTs also matters.

    Ultimately, Kan sees NFTs as an onramp to the metaverse, the universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One. (We’re doing our second GamesBeat metaverse online conference on January 26-27).

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    Additionally, there will be a strong focus on discoverability for new projects and providing the necessary tools to make the minting of NFTs as straightforward, affordable and accessible as possible.

    What Makes Fractal Unique?

    The partnerships with existing and established game publishers bring a layer of legitimacy to the Fractal NFT marketplace. Moreover, the option for users to interact with developers directly and acquire NFTs from trustable sources provides core benefits. NFTs have tremendous potential to let gamers go beyond the game and monetize their approach to this form of entertainment.

    Moreover, the marketplace is dedicated to gaming-related NFTs only.
    For now, it is a niche market, although one that has tremendous growth potential.

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    Here $c$ and $z = a + b\,i $ are complex numbers with real and imaginary components, and $z^2 = a^2 – b^2 + 2ab\,i$ denotes the complex product of $z$ with itself.

    The Mandelbrot Set Collection is a curated selection of points from the Mandelbrot, generated with a numerical algorithm and engraved into 1978 unique NFTs. Each work represents the neighborhood of one of our favorite points of the fractal, with a random zoom factor and colored with arbitrary gradients based on the number of iterations of $f$ before the point diverges to infinity.

    Not all the attributes are equally likely, thus giving rise to different degrees of scarcity for each artwork. In particular, higher zoom levels are limited and golden-colored points are very scarce.

    Fractal nft market

    The business model of gaming has shifted away from game sales revenue to selling items and skins that have durable in-game value to players.

    Kan’s own investment company backed Syn City in the crypto space, and that gave him insight into blockchain projects.

    The next step

    Putting these durable in-game assets on a blockchain is the next step in gaming, Kan wrote. While players have recognized the value of items in centralized games for a long time, when game companies create lasting durability beyond their games by making their in-game assets NFTs on a blockchain, tremendous amounts of value will be unlocked for players and the gaming ecosystems themselves, he said.

    For players, this will mean they can truly own the value of their in-game work: items they own will be buyable, tradeable or sellable.

    Fractal nft game

    And part of that disruption is the emergence of new marketplaces like Fractal, Kan said.

    “We’re giving everybody a unique snowflake NFT. We’re calling it a snow fractal,” Kan said. “If you have one of these NFTs, you’ll be able to get access to early sales.”

    Kan believes that proper game design will result in NFT games that are fair for both developers and players.

    Kan said that environmental impact is important to him, and he is making a large donation for climate causes, as he’s a “Burning Man nerd.” He’s using the Solana blockchain ecosystem, which has focused on low-cost (under one cent) and low-impact transactions.

    The marketplace

    Above: Fractal is a new game NFT marketplace.

    Fractal went live today on the Solana blockchain and players were immediately able to start trading in-game assets by connecting a crypto wallet such as Phantom.

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