NFTs, or Non-Fungible Tokens, empower creators. An NFT is a digital assets that its owned by its creator, where the creator can instantly earn digital royalties on any future sale. You can either trade your NFT or mint it to simply prove your ownership. Learn more about NFTs here.
On Newlife.IO, creating an NFT on the Newcoin Protocol is as simple as selecting one option in your upload flow.
Your image, video, or text file will be minted as an NFT on Newcoin Protocol Testnet. This is the same process that will happen on Newcoin Mainet, when Newlife.IO is out of its current beta phase. It stays this simple. You can also add a Creative Commons licence standard for your NFT.
Also, Newcoin Protocol is a low-energy consuming protocol with zero gas fees. So, you can mint your NFTs, reducing and removing these burdens for creators.
Newlife and Newcoin Protocol will be supporting IPFS decentralised storage solutions.
More content types coming soon!
DAOs, Decentralised Autonomous Organisations, empower communities. These are digital communities where members are accepted by existing DAO members and new proposals and voting happen transparently on the Newcoin Blockchain.
On Newlife.IO. beta, you can experiment with creating your own DAO on the Newcoin Protocol Testnet. You can hide content for DAO only members, host events, create products, host discussions and more. The use cases of DAO are far and wide.
To understand more about how creatives and creative communities are using and making DAOs in web3 today, join NewForum—our community podcast and learning place—to discover more.
For ideas and questions, please ask community managers on Discord, telegram or Twitter for help! 🙌🏽