Posts tagged with "minting"

The Profit Margin In Bitcoin

Bitcoin mining is a highly computer-oriented complicated process. Still, it is yes simple if the user understands it adequately and uses a reliable exchange for the verification process to initiate the transactions. All the transactions carried out through the bed coins need to be verified with a security system, and it also needs to compensate the Bitcoin miners in return. The most crucial role played by all the Bitcoin miners is verifying the transactions and evaluating the profit structure for the free Bitcoin. Many changes have taken place in recent times related to Bitcoin mining. The advanced technology has also created a professional environment for the mining centre. Suppose somebody is interested in bringing the progressive technology changes, then they can visit the official Bitcoin Era app for core progress. The consumption of Bitcoin is increasing day by day.

Many individuals are making a lot of progress in participating in the Bitcoin my name as it has become one of the most reliable and secured ways of making the payment and using it as a digital asset. There are thousands of fantastic factors about Bitcoin which determine Bitcoin’s very profitable side that everyone must use. The Profit of Bitcoin mining includes electricity because the mining machine needs the power.

The Mechanism Involved In Bitcoin Mining

Before Bitcoin came into existence, there were many difficulties that the users in the traditional system were facing, and those difficulties were enormous. Everybody needs an alternative which can lower them. Before Bitcoin mining software evolved in 2013, the mining process used to take place with the help of the general personal computers of the users. Since it was crucial to increase the productivity and develop an application, specifically an Integrated circuit, which was 100 billion times the availability two generate more and more Bitcoins than the personal machines. Since then, it has become an enormous issue which needs to be addressed by the minors, and they have done it by bringing the advanced and latest software.

The concept of Bitcoin mining is more on the theoretical side and needs the hardware, which can quickly hold a lot of burden on it. Solving minor problems is not a good thing; everyone must increase their mind toward the Profit because everybody needs to increase the return. Then, it was crucial to complete all the latest software initiated. In 2013, all the minors doing the Bitcoin mining were given a chip that could help them do the complicated process very quickly and a powerful computer to initiate more Bitcoin mining. After doing all these things, the result was very positive, and the value of Bitcoin also increased.

Does Bitcoin Mining Provide More Profits In The Current Time?

Many speculations are made related to the Bitcoin mining profit it gives users and the market. The venture of doing Bitcoin mining has always been very profitable for many individuals, so one should not think about the misconceptions or rumours in the market. In 2013, many types of equipment were constantly developing to target more and more people and give them a profitable business which was a huge thing. Today, people think that Bitcoin mining is more beneficial and can earn a lot of money compared to trading. It all happened because every transaction the user is doing needs verification. After solving all the problems, the Bitcoin miners are rewarded directly with the free tokens.

Therefore it has become more accessible and feasible for an individual to purchase a bitcoin with no value. Bitcoin mining has created a market for individuals to increase their Profit as they have brought all the equipment which can reduce the cost involved in the process. It is one of the most intelligent ways to stay in the competition and use some of the innovative technology and the available machines. The hardware with the Bitcoin miners proves to be an alternative for solving their problem of lower energy requirements before it is complicated to influence the caused on the overall platform. Hence, bitcoin is one trick of the money system.

'Homme 277' NFT illustration by Heather Skovlund for 360 Magazine

New BR1 NFT

Building on the marked success of BR1‘s first mint earlier this year, the world’s first risk-based shooter game built on the Solana Blockchain will release a mint of NFTs this month on Fractal. Since its first mint in February, the BR1 Metaverse Game has only grown in notoriety, garnering attention from the likes of Twitch Co-Founder Justin Kan, who has become an advisor and investor for BR1. The April mint will feature 5,000 new Droid NFTs available for purchase and use as 1 of 1 unique playable characters within BR1’s hugely successful third-person play-to-earn (P2E) Metaverse. 

Their flagship game, BR1: Infinite Royale (currently in Open Alpha), is available for download directly in their Discord HERE BR1 will do a whitelist giveaway, granting gamers early and guaranteed access to the April 16 mint. This giveaway will be announced on Twitter with a promotional video created by New York City-based creative design agency Keithcity Group. Additional videos produced by the agency will be released leading up to the mint.

BR1, founded by both Ryan Ever and Jon Cohen, recently announced that it has been elected as an early listing for Solana projects on OpenSea, the world’s largest NFT marketplace. Solana is the fastest blockchain in the world and the fastest-growing ecosystem in crypto, with over 400 projects spanning DeFi, NFTs, Web3 and more. OpenSea added support for NFTs minted on the Solana Blockchain beginning just the month of April 2022. The integration announcement on Twitter achieved high praise from gamers across platforms including Twitter, Discord and more.BR1 is known for its unique monetary model, which allows gamers to pay $1 in SOL to spawn and earn the greater of 10% or $1 in SOL for every player killed.

Players must own a BR1 NFT to be able to spawn into the BR1 Metaverse game (although the Open Alpha is available to everyone right now). BR1’s first mint of 2,500 Genesis Ape NFTs on Feb 03, 2022 were released at the price of 2 SOL. The floor price for these NFTs increased by roughly 390% to 7.80 SOL as of today. BR1 Metaverse game Characters are traded on Fractal.is, OpenSea and Magic Eden. Currently, BR1 is the leading third-person tactical gaming Metaverse built on the Solana Blockchain.

photo at Aku World by Rowben Lantion for use by 360 Magazine

AKU WORLD DEBUTS IN MIAMI

Miami is Aku’s first introduction to the physical world and brings friends and collaborators spanning from leaders in cryptocurrency, NFT creators, art curators and collectors, fashion and streetwear icons, A-list musicians, and Hollywood execs together in one space to explore NFTs from a range of perspectives with real world conversations that bridge the gap between crypto and mainstream culture. 

Conceived by Micah Johnson in February 2021, Aku has since become the first NFT to be optioned for film and television projects and is the first NFT to travel to space. Aku is a conduit to empower the next generation of explorers and dreamers. The visually-stunning, multilayered event showcases the otherworldly dimension of Aku and allows guests to step out of reality and into the metaverse through carefully curated exhibits that blur the lines between NFT technology and IRL experiences:

  • Unique NFTs: Through a partnership with leading cryptocurrency exchange FTX US, attendees will be able to sign up for their own crypto wallet, collect NFTs throughout the space via hidden QR codes, and purchase digital artworks by legendary 3D artist, Raf Grassetti, as well as unique Aku digital works
  • FTX Minting Room: Top-tier ticket holders will have exclusive access to the Minting Room presented by FTX US, where they can create their own 4D-scanned avatar that lives within the Aku universe and mint them into NFTs, which they can later trade, sell or display in their digital wallets.
  • Aku’s Merch Room: Attendees can shop on-site via the Merch Room, which will host three days of exclusive merch collaborations with VIP guest collaborators Pusha-T, Jérôme LaMaar and Aleali May, with each day dedicated to a single limited time, limited edition collection, available for pre-order at the event and online. PORTL, the holoportation and NFT hologram showcase leader, will present the merchandise in four epic hologram units.
  • Aku’s Collection: Aku’s Collection, curated by Art Angels, will tell more of Aku’s story through an art installation for guests to explore and interact with. A special curation of young Black artists including Jade Yasmeen, Asiko, Floyd Strickland, and Solomon Omogboye will be exhibited alongside two new original paintings by Micah Johnson, as well as three screen prints by Jean-Michel Basquiat. Guests will have the opportunity to view and purchase original artworks on-site.
  • Aku’s Helmet: Conceptualized by renowned creative and experiential studio MATTE Projects, the 30,000 square foot space will house a futuristic lifesize art installation of Aku’s Helmet, where guests can experience three otherworldly dimensions of Aku.
  • Blue Room: The Blue Room will host daily panel sessions and conversations led by leaders in art, fashion, music and crypto.

AKU WORLD | DAYTIME PROGRAMMING SCHEDULE

Open daily from 12-7 PM

Wynwood Arts 29 |  95 NW 29th St. Miami, FL 33127

FRIDAY, DECEMBER 3rd

1:00 PM | Traditional Art and Web 3                                                                                              

Micah Johnson and experts from renowned art galleries and institutions will address the opportunities and challenges surrounding Web 3 and the art world.

Moderator: Micah Johnson (Creator of Aku)

Panelists: Ronnie K. Pirovino (Art collector, Curator and Appraiser), Sophia Cohen (Sales Associate and Artist Liaison, Gagosian)

3:00 PM | Designer Talk                                                                                    

Micah Johnson and Summer Watson will be joined by exclusive Aku World: Miami merch collaborators to talk about all things designer, creativity, streetwear, drop culture and more.

Moderators: Micah Johnson (Creator of Aku) and Summer Watson (President, Vol. 1; Exec Producer, Aku World: Miami) 

Panelists: Pusha-T (Musician), Aleali May (Style Consultant, Model and Designer), Jérôme LaMaar (Creative Director, Designer and Stylist)

4:00 PM | Music and NFTs                                                                                

Summer Watson will be joined by artists and industry execs to discuss NFTs, crypto and the music industry. 

Moderator: Summer Watson (President, Vol. 1; Exec Producer, Aku World: Miami)

Panelists: Mike Spitz (Founder & CEO, Vol. 1), Haleek Maul (Musician), Hugo Renaudin (Co-Founder and CEO of P00LS), SassyBlack (Musical Artist), Latashá Alcindor (Artist Community Lead, ZORA)

SATURDAY, DECEMBER 4th

1:00 PM | Future of Media: Web 3                                                                                  

Clint Kisker will be joined by leading film and media executives to discuss the opportunities in web 3.

Moderator: Clint Kisker (Co-Founder, Madison Wells Media)

Panelists: Kiri Hart (Film Executive, Writer and Producer), Logan Coles (Writer, Producer and Director), Stephen Feder (Film and TV Producer)

3:00 PM | Fireside Chat                                                                     

One-on-one conversation between Micah Johnson (Creator of Aku) and Roham Gharegozlou (CEO, Dapper Labs)

4:00 PM | ‘The Wolf of All Streets’ Podcast                                                                                   

Scott Melker, aka the Wolf of All Streets, will speak with prolific leaders from the worlds of crypto, trading, finance, music, art, and more.

Moderator: Scott Melker (Host of The Wolf of All Streets Podcast)

Panelists: Special guests to be announced

Heather Skovlund for use by 360 Magazine

Art Basel VIP Minting Event

Established and renowned art dealer Avery Andon has collaborated with hip-hop legend and WuTang Clan founding member Ghostface Killah, along with the world-renowned jeweler Jason Arasheben, of Beverly Hills Minted Jewelry. This established team has joined forces to curate a minted NFT for the new art NFT platform and marketplace, ArtGrails.

Melting down Ghostface Killah’s Golden Eagle Bracelet, the 24k solid gold bracelet was transformed into a large one-pound gold coin that was minted as an NFT. The “Golden Eagle Bracelet” was made by jeweler Jason of Beverly Hills. Jason curates’ pieces for his clients that range from LeBron James, Drake, Mariah Carey, J-Lo and so many more phenomenal stars.

On November 30th the reimagined coin and an NFT video of the original form being liquefied and minted will be available as one exclusive set on the ArtGrails platform. This means that the piece will in the end only be purchasable by one buyer. ArtGrails is holding an invite-only VIP viewing event, art show and kick-off party on November 30th to celebrate the beginning of Art Basel 2021. The exclusive set of events will be held in the design distract of Miami. ArtGrails will not be posting content of the exclusive “minting event” video, so the auction winner will have the decision to make the video public or not.

The iconic 24k Golden Eagle Bracelet exemplifies an emblem in hip-hop history, and with the minting of the piece, now someone else will be able to own such a legendary piece of hip-hop history. The coin that is up for grabs will come with an NFT video that showcases Ghostface and Jason of Beverly Hills melting the bracelet into coin form. The video serves as a “tokenized physical asset that will accompany the minting of the video taken of the transformative goldsmithery into an NFT.”

Jason of Beverly Hills has continued to heavily influence and impact hip-hop history through the collaboration of this piece. While breaking down an emblem of hip-hop history, he also creates a new, reformed piece of that history. His work merges the physical and digital world in a way that has never been seen before. Avery Andon had the brilliant idea of the collaboration between Ghostface Killah and Jason of Beverly Hills for this creation. Andon leads ArtGrails upcoming NFT drops that highlight a wide range of renowned and influential buyers.

Andon comments on the event, stating, “this auction features some of the most monumental custom NFTs ever created, which required a platform that provides a truly custom experience for delivering high-end art. With NFTs en route to becoming an industry standard, ArtGrails pushes the industry forward, demonstrating that the future of fine art and collectibles goes beyond paper certificates of authenticity; therefore raising the standard for art buyers, owners, and dealers.”

The singular, unique set that includes the Ghostface Killah Gold Coin and the NFT Video of the melting and minting of the previous bracelet opens for auction on ArtGrails.com at 5:00PM EST on November 30th. The auction will end at 5:00PM EST on December 5th. To learn more about ArtGrails and to participate in the online NFT auctions, please visit the ArtGrails website at http://wwwartgrails.com.