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Theme Week - NFT ๐Ÿ–ผ๏ธ

You may have wondered whats the value in a NFT? ๐Ÿค”

To keep it pretty simple: Things become valuable because people want them - The more people want a thing, the more valuable it becomes๐Ÿ‘ฅ

The magic word is Scarcity. Every NFT exists only once and its ownership is defined on blockchain. โ›“๏ธ๐Ÿ”ง๐Ÿ”—

The most obvious answer to why an NFT has value, comes from linking the ownership of a real world good to an NFT. The ownership of the NFT then grants ownership, access, governance or voting rights, or privileges over the off chain good ๐Ÿš€

One thing is sure - more and more people are getting into the world of NFTs. The earlier you become part of it, the better for you! ๐Ÿ˜Ž
NEWSNEWSNEWSNEWSNEWS
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English Voice AMA in our Telegram Chat Group ๐Ÿ˜๐ŸŒฑ๐Ÿ˜

Speaker: Co Founder Paul Flynn

When?
Wednesday, 16th February
18:30pm UTC

Join us for the latest News and Updates ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

You can ask all your questions in the Telegram Chat group during the AMA โค๏ธ
Theme Week - NFT ๐Ÿ–ผ๏ธ

Do you know that NFTs are programmable? You can do anything with NFTs that you can do with a webpage. And the capabilities of webpages are endless.๐Ÿ–ฅ๏ธ

Every โ€œwe already can see what NFTs are aboutโ€ will limit the imagination and creativity of the dynamic that currently experiments with this exciting new elementโœจ

The vibrant experimentation in programmable art, collaborative generation of digital content, Smart contracts implemented in an NFT and on-chain play to earn gaming are just the playful beginning of a new world to come. Do you want to join it? ๐ŸŒ†

You know that we in EcoWatt always take care of you all as a community and this is one of the most important things when we talk about successful NFTs which ours will be๐Ÿ‘ฅโค๏ธ
Theme Week - NFT ๐Ÿ–ผ๏ธ

If Crypto will stay, it stays because it makes the world better, because it solves problems that could not be solved before. Its the same for NFTs ๐Ÿ”–

Letโ€™s see what potential the NFTs promise and what is about to come ๐Ÿค“๐Ÿ‘‡


๐ŸŒŸArt

If you are an artist and your work is resold and then resold again, in a traditional art world, you get paid once. With NFT Art income can come from these secondary sales ๐ŸŽ‘


๐ŸŒŸMetaverse

Video games will become the new platforms, replacing all traditional social media giants. In the future, real-world locations could offer various crypto-collectibles, that prove everyone on the internet, you were there.


Interesting, right? ๐Ÿค“ There is a lot more in our next theme post. Stay tuned โค๏ธ
Theme Week - NFT ๐Ÿ–ผ๏ธ

As we promised - we continue with the future of NFTs - a whole new world in front of us ๐ŸŒ


๐ŸŒŸMore integrative markets

Markets that were previously closed to the general public can be made more inclusive, fairer and sustainable with the removal of itermediaries. With NFTs the blockchain's ability to secure and transfer value for the benefit of all can be used to its full potential๐Ÿ˜


๐ŸŒŸAccess

NFTs can be used as access tokens to physical and virtual locations or events. Programmable tickets can be updated or come attached to a game or some other item. Maybe in the future this  concept will carry over into virtual worlds where users will need to use access tokens to enter certain spaces. Cool, right? ๐ŸŽซ


Imagine how much more is there in the future of NFTs ๐Ÿคฉ
Weekly NFT Post ๐Ÿ–ผ

This weekend we introduce you to the Aloe Vera tree ๐ŸŒณ

It stands for healing and protection ๐Ÿ’ซ
This is exactly what EcoWatt does with our planet.
We try to heal and protect mother earth ๐ŸŒŽ

With our reforestation projects and solar systems, we make a major contribution to making this planet a better place, and reward you as our Community with EcoCarbon Tokens when you stake EcoWatt Tokens ๐Ÿ”ฅ which you can sell or burn to get awesome NFTs like this one ๐Ÿ˜

With more NFTs from a collection Like the first EcoWarrior Collection, you can even unlock the legendary GAIA NFT ๐Ÿš€

Stay tuned Guys and Galsโค๏ธ
Media is too big
VIEW IN TELEGRAM
Launch of our new short Trailer Video ๐Ÿ”ฅโค๏ธ๐Ÿ”ฅ

We are proud to present you our brandnew Homepage Trailer Video Guys and Gals ๐Ÿฅฐ

Watch it, share it, spread it, love it ๐Ÿ˜ƒ

https://youtu.be/21nyzAq3-xQ
Theme Week - NFT ๐Ÿ–ผ๏ธ

We already know what NFT is but there's always more๐Ÿค“

โ€œAn NFT is a unique digital object. Scarcity is either enforced offline (a ticket to an event), by a smart contract (a ETH domain), or by a social contract with a community (artists, fans, punks, apes).โ€
- Naval๐Ÿ“ƒ

The name โ€œNon-fungible tokenโ€ isnโ€™t the most intuitive term for we donโ€™t usually realize the fungibility of objects in the physical world, but this is an important technical distinction when it comes to how an asset is represented on a blockchain. Fungible tokens (FTs) are cryptos like BTC or EWT - doesn't matter which tokens you hold - just how many. NFTs represent a unique asset whichโ€™s ownership is stored & verified on the blockchain๐Ÿ–ผ

Before NFTs the content of digital infrastructure, data, avatars, names not really were yours. Tweets could be canceled, profile names be taken away and data sold without you even understanding what was going on.  

You were not the consumer, you were the product. Now only YOU own your NFT ๐ŸŽจ
Theme Week - NFT ๐Ÿ–ผ๏ธ

NFT's value๐Ÿค”

The logic here is simple as that - Things become valuable because people want them - ๐Ÿ† The more people want a thing, the less of those things exist, the more valuable it becomes. If the supply of a thing is nearly endless it will be worthless. ๐Ÿ’ฐ


The most important thing is scarcity. Without scarcity itโ€™s not possible to monetize things. If you donโ€™t monetize things people are not interested in creating them. There were other forms of artificial digital scarcity (just think of paywalls), but they sucked for various reasons. โœจ

Every NFT exists only once, and its ownership is defined on blockchain. This make them unique and more wanted. ๐Ÿ“ˆ

It depends on all of us to make the EcoWarriors value goes up and up and to take profit out of it โ€“ you, your family and friends, and our home โ€“ the planet ๐ŸŒ
Theme Week - NFT ๐Ÿ–ผ๏ธ

Why on earth would people want this NFT thing? ๐Ÿค”

The most obvious answer to why an NFT has value, comes from linking the ownership of a real world good to an NFT. The ownership then grants access, governance, voting rights, or privileges over the off chain good ๐Ÿ™Œ

This allows to use the tamper proof, transparent and decentral nature of the blockchain to efficiently assign and transfer ownership, access, or privileges regarding a real-world entity to the owner of the Wallet that owns the NFT. Its easy to see which value arises from a non-fungible ownership of things, which can be transferred frictionlessly. May it be a art, sneakers, a ticket, early access to a new album, a carbon certificate, or the proof of ownership of say your house in countries where official records are corrupt๐Ÿ–ผ๏ธ

An NFT proofs that you have the right to own stuff. With Ecowatt's NFTs you'll be owner of Carbon Certificates (price is going up every day) and will also help the planet - 150 real trees for each NFT ๐ŸŒณโค๏ธ
Theme Week - NFT ๐Ÿ–ผ๏ธ

โ€œBlockchains are the governments of the metaverse and good at adjudicating on-chain entities and on-chain assets. Itโ€™s a category error to apply them to off-chain entities and off-chain assets.โ€ - Naval๐Ÿค“

While the criticism of Naval in parts disregards the potentials of an NFT based proof of ownership of off-chain entities and off-chain assets, he has a point where skeuomorphic copy and paste โ€œlets do XY as an NFTโ€ and transfer existing concepts to the space of crypto, limits the potential of NFTsโ—๏ธ

NFTs are programmable. You can do anything! Its more probable that we'll going to create completely new things that we canโ€™t yet even predict or identify.

99% will be experiments ending up dead, but to bet on the emergence of new things, will be like finding Amazon or Google in โ€™99 or 2000๐Ÿ”ญ

The experimentation in programmable art, collaborative generation of digital content, smart contracts implemented in an NFT & on-chain play to earn gaming are just the beginning of a new world to come ๐ŸŒ†
Theme Week - NFT ๐Ÿ–ผ๏ธ

You know how important for us in EcoWatt are you - the community! For us, you are more - we're all one big family with a common vision of the future!๐ŸŒณ We always try to take care of our family, building better future for our planet & usโค๏ธ๐Ÿ‘ฅ

The wrong way of thinking for NFT is the transactional one - like itโ€™s a cash grab. That'll backfire๐Ÿ”ฅ

NFTs are artifacts of networks. And they derive value to the extent that they kind of reinforce that communityโ€™s and individuals values & norms, language & memes๐ŸฆŠ

Just as HODLers imbue BTC with value, developers infuse ETH with value, collectors, admirers, and users imbue NFTs with value. NFTs gain value when displayed, used, and promoted within vibrant and growing communitiesโคด๏ธ

You invest into a community and the cooperation through which they have an impact in the world. You want to invest because you believe in their mission. And we're thankful for believing in us! Every comment, like and share helps a lot! Let's make the planet green again!โค๏ธ๐ŸŒณ
Weekly NFT Post๐Ÿ–ผ

This weekend we present you the Pine
๐ŸŒฒ

The pine cone is an ancient symbol of fertility, resurrection and immortalityโ™พ


The Assyrians and ancient Egyptians believed that all the power of the universe was contained in pine conesโœจ๐Ÿ’ซ

With our reforestation and social projects, we at EcoWatt also stand for fertility and resurrection/new beginnings, and to create a functioning cycle with real green energy assets that is self-sustaining, in order to symbolize immortalityโ˜ฏ

With all of this, and with you as our community, together we have the power to create our own ecosystem that benefits everyone who participates. This ecosystem will continue to grow and create exciting new possibilities as our universe expands๐ŸŽ‡

We are proud to consider you a part of it and to surprise you with new possibilities in the futureโ˜บ๏ธโค๏ธ
ThemeWeek - NFT ๐Ÿ–ผ๏ธ

The first Collection EcoWatt issues โ€œEcoWarriorโ€ is hand drawn art with the utility of a ISO-Certified 1-Ton Carbon Certificate in the holderโ€™s name valid for 20 years๐ŸŒณ

If you collect 10 NFTs you're rewarded with an ISO-Certified 10-Ton CO2 NFT with additional utilityโค๏ธ

Early holders gain early access to all EcoWatt pre-launch event sales๐Ÿ””

Our NFTs certify ur purchase of a product/service as green & compensate for the emissions for over 20 years. How valuable is a cryptographically proven certification of climate neutrality for a responsible company that wants/needs to transition to a sustainable business practice?๐Ÿ“ˆ

Imagine you're in the Metaverse. Own your digital identity&goods, do gaming. The trees u plant in your digital garden, solar cells u install in your virtual home, represent real solar cells and trees, certified by Ecowatt NFTs. Imagine to mint gaming NFTs & unlock in-game perks with EcoCarbon and know that more trees will be planted by playing a game๐ŸŒ†๐ŸŒณ

Isnt that awesome?๐Ÿ˜ƒ
Theme Week - Sustainability๐Ÿงฑ

When it comes to cryptocurrencies, every discussion raises voices of concern about the negative impacts they may bring. And that is something absolutelly normal - as everything around us, the cryptocurrencies has pros and cons. But we need to be realistic here - the pros are a lot more, but the cons are big enough to worry about. So we in EcoWatt will try to solve the problems with your help and make the cons 'dissapear' ๐Ÿ™ˆ๐Ÿค“

Every Boomer or Legacy newspaper article mentions at least once the environmental damage that mining cryptocurrencies will cause - we all now how much energy it takes and the pollution this cause. Words like "fraud" or "counterfeiting" come up also at least once (All the well-known scam crypto projects that have lied to hundreds of thousands of people around the world, creating this bad image of the whole crypto world) and at least one expert heralds the destabilization of established institutions like the dollar๐Ÿ’ฒ

Why?๐Ÿค”See in our next post tommorow ๐Ÿค“
2025/07/08 22:13:09
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