Effectively the inevitable second has lastly arrived – DKNG is dipping its toes into the world of NFTs. For our first try at minting digital artwork, we needed to deliver again to life a few of our favourite artwork prints, now in digital type. We created a set entitled “Dreamscapes” which options three revamped DKNG illustrations, that till now have been unavailable since their bodily restricted editions offered out. Mammoth, Elk, and Telescope are all fantastical, extremely detailed items of artwork that may now be bought as restricted version NFTs. Along with updating their shade schemes and side ratios for the digital world, we additionally included new easter eggs hidden in every composition. We stored the version measurement for every NFT restricted to 100 items, which suggests solely 100 of every design can ever be bought, owned, traded, or offered on the blockchain. The preliminary worth for every NFT is 0.015 ETH (roughly $25 USD) plus fuel charges (extra on that under). Dreamscapes can be found now via DKNG on OpenSea, at the moment the world’s largest digital market for NFTs.
Now for those who’re in the identical boat that we had been in relation to the world of digital collectibles, you’re doubtless asking your self, what the heck is an NFT and the way is it completely different than a JPEG? In an try to wrap our heads round it, we consider an NFT as a restricted version piece of artwork that’s simply as distinctive as a restricted version print, besides an NFT may be purchased and offered electronically, very similar to a share of inventory. With an NFT you may watch the worth of it change over time and select to promote it for a return in your funding, very similar to shopping for a bodily piece of artwork after which promoting it independently. The primary distinction right here is that every time an NFT is offered, the creator receives a small proportion of that subsequent sale. This notion is what makes web3 so thrilling for collectors and creators alike. By investing in NFTs you aren’t solely supporting the creator, but additionally investing in an ownable piece of digital foreign money.
If like us you’re new to this world, we’ve created an FAQ under to assist reply some primary questions. To take a deeper dive into web3 and NFTs go to OpenSea.
