NFT Launches

Upcoming NFT Launches image
Partyhat Group prepares to enter NFT sector with TopX

NFT stands for non-fungible token: unique data that is stored on a blockchain. NFTs represent several forms of media, including artwork, music and video. Once purchased, NFTs prove ownership, as all transactions are permanently recorded on the blockchain. NFTs allow people to accumulate digital assets, which may increase in value depending on their nature and cultural relevance.

TopX is envisioned as an NFT platform that removes pressure points for both collectors and creators. With a focus on NFTs and NFT packs designed in collaboration with celebrities and influencers, the platform is poised to tap into the appeal of both star power and influencer merchandise. TopX’s celebrity-backed NFTs allow fans to own digital assets related to the stars they admire.

The TopX platform will also allow regular users to mint their own nft launches, which can be purchased and exchanged like any other. This merges the worlds of collectors and creators, opening the doors to a virality that doesn’t currently exist in the NFT space.

Chris Berry, Co-founder & Managing Director at Partyhat Group, commented: “TopX represents an exciting development within the emerging NFT industry. Our team, which was specially assembled for this project, hopes to broaden the appeal of NFTs, and bolster the creativity and communities that power them. Our influencer-backed NFTs and NFT packs are intended to inspire millions of fans around the world, who will be able to prove ownership of unique artwork and career highlights for the first time. The TopX team is extremely excited to bring our innovations to the world of NFTs, and we’re looking forward to welcoming the first users to our community.”

No more centralized data centers, and backups of backups in case those data centers fail. Decentralization offers more scalability and built in security than anything offered by a web hosting company over the last two decades. Provenance has never been more secure than it is on a blockchain like Algorand.

Proof of ownership and authenticity goes hand in hand with provenance. Transactions on the blockchain ensure the digital handoff between Artist, Gallery, and Collector happens transparently, and can forever be referred back to. This is why NFTs are so valuable to an increasingly global society. They offer proof of ownership, authenticity, and provenance, independent of a country, or an individual, or an institution.

A Non-Fungible Token may, under certain circumstances, refer to the transaction of a JPEG between two people. It does not, however, act as a stand-in for that JPEG.

It’s a digital deed, not a piece of art. It’s a proof of ownership, but independent of the items it’s proving ownership of. It’s a piece of technology that is already revolutionizing the world.
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