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Ashton Kutcher, Mark Cuban startup sells autographs as NFTs

by SB Crypto Guru News
April 27, 2022
in Web3
Reading Time: 2 mins read
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Ink, the Ashton Kutcher and Mark Cuban-backed Internet 3.0 platform that enables artists and creators to signal, draw or write on any type of digital content material into non-fungible tokens (NFTs), launched Wednesday.

See associated article: Warner Music is able to play in The Sandbox metaverse

Quick information

  • By digitally signing any present picture, album cowl, or social content material similar to an Instagram submit, YouTube or TikTok video, artists can flip any of their content material into digital tokens that may be purchased, traded and resold by followers with a worth of beneath US$50 on Ink’s market. 
  • “Signatures make issues visually non-fungible, whereas NFTs make issues computationally non-fungible,” Ink founder Max Brody stated. “Inks are the autographs of the longer term.”
  • The platform kicked off the launch with an Ink Drop of actress and singer Lexi Jayde, with extra upcoming collaborations with artists, excursions and music festivals. 
  • Followers don’t want a digital pockets or prior expertise in Web3 to entry the NFTs on Ink, as they will use a debit or bank card inside the Ink market. 
  • Extra skilled customers can export the bought NFTs to OpenSea or alternate marketplaces.
  • The worth of such NFTs have a possible to develop because the artist could by no means signal extra editions of the identical digital content material after it’s bought out. 
  • Ink raised a pre-seed spherical of US$1.5 million, with early traders together with Mark Cuban, Ashton Kutcher’s Sound Ventures, Betaworks Ventures and Lupa Techniques.

See associated article: Second Ok-pop company faucets Binance for NFT partnership



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Tags: AshtonautographsBitcoin NewsCrypto NewsCrypto UpdatesCubanKutcherLatest News on CryptoMarkNFTsSB Crypto Guru Newssellsstartup
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