It's with great pleasure that the members of the Minnow Support Project and the Peace, Abundance, and Liberty Network Discord Group announce a new project that is currently in alpha on Hive! The project is NFT Showroom, and it's a marketplace for rare tokenized art!
You can visit at https://nftshowroom.com/ and stay up to date with our progress here our official Hive blog.
The site is modeled after similar tokenized art projects on ethereum such as Superrare.co, makersplace.com etc. Many artists have requested such services on Hive because it's has free transactions and 3 second block times! This makes it an optimal blockchain for introducing a new marketplace that offers both artists and collectors options for expanding their buying and selling experience. Hive also has an integrated blogging platform (peakd.com), this offers the opportunity for artists to create process posts or tell the story behind the art which is a powerful combination.
NFT Showroom uses Hive-Engine's layer 2 NFT smart contract platform to generate provably scarce, collectible, tokenized art.
We have already started testing with a small group of verified artists to evaluate the site UI and functionality. Once we are satisfied that things are working as intended we will open up admissions to the public. The alpha launch includes features to allow artists to create and list NFTs for sale. Artists can determine the level of scarcity they want with any individual piece (ie. One edition only, or multiple editions).
Selling Art
Artists and collectors are currently able to list art for sale at a specific price. As of this post the only selling option is a buy it now price. One of the priority features of the beta site is to allow bidding as well.
Pricing
Artists are charged 5 Swap.Hive when tokenizing a new piece of art and 1 Swap.Hive for each edition (additional NFT) they would like to release.
Commission Fees
The marketplace takes a 10% commission on sales. The first time an art piece is sold a 10% commission on the sale goes exclusively to @nftshowroom.
Upon completion of secondary market sales the original artist recieves a 10% royalty. This enables artists to earn from a single image multiple times over the course of a single creation. Multiplied by many creations over many years, it provides a sustainable and healthy income stream for popular creators.
Rights
We're currently allowing artists two options when tokenizing.
Private means the artist retains the full copyright to their image. The buyer may display the art as part of their collection or resell it on the secondary market.
Limited Reproduction Rights means the artist grants the owner full commercial rights for the work to be used or recreated in commerce, but also does not give away the creator's license.
Notably; Full Commercial Rights do not convey the ability to retokenize the art on nftshowroom.com or any other platform
Artists
Artists can generate NFTs, list them for sale, and sell them on the market. @nftshowroom will take a 10% commission on sales.
Collectors
Collectors of tokenized art can purchase limited edition artwork from artists and display it in their collection or list it for resale on the market.
Devs
Developers can make use of of the open source hive-engine backend to make a variety of tools for the projects. We look forward to innovative ways of displaying the art, discord bots, alternate front-ends for viewing collections and data displays popping up.
Upcoming site changes
The website is in Alpha but is being worked on as we speak to improve loading times and add more features so expect changes in both look and functionality over the coming month! At present tokenizing, buying and selling are functional. Notifications, transaction history and new ways to discover art are on the horizon.
Artist whitelisting
For this initial alpha period we are looking to add artists slowly, in order to tokenize you need to be whitelisted first. We are currently only accepting digital art and not photography, though there may be a project in the pipelines for that ;)
To apply for the whitelist simply go to your account when logged in, click profile, fill it out and click apply. Please include the most information possible, we intend to double check that all our artists are original content creators and there may be a need to verify through other social media sites outside of Hive that you are who you say you are.
If you don't get accepted immediately don't despair, we are trying to keep the number of artists limited until we feel confident that the experience will be pleasant. Feel free to drop into the NFT Showroom discord if you have further questions.
We would like to extend a big Thank You to all the artists that have helped us test so far!
Team Members
@juliakponsford
@isaria
@swelker101
@crimsonclad
@aggroed
@victoriabsb
@r0nd0n
@clayboyn
The team is focused on improving the product throughout the beta experience, attracting new artists to create on the platform, and finding new collectors interested in owning provably scarce digital collectibles.
Visit the site and browse art: https://nftshowroom.com/
You can follow us on Twitter: https://twitter.com/NftShowroom
or Instagram: https://www.instagram.com/nftshowroom/
For any questions or support please visit us in discord NFT Showroom discord
View the spanish version of this post here: Anunciando NFT Showroom: Arte de colección, escaso y tokenizado
Artists who are interested in Whitelisting can read this post! NFT Showroom artist guide / FAQ and whitelisting
I am so excited to see were this goes, awesome job with the branding and logos! What I have always recognised is that for Hive to REALLY take off, Hive needs to be used as a exchange of value (a money). When people earn their Hive the problem at the minute is that they need to sell their Hive, most commonly back into FIAT, before they can use it to purchase goods and services. This is brilliant as it gives Hive a reason to be used as a means of exchange and people can actually now buy goods, artwork, with their Hive. If people have to constantly sell their Hive to use it then this will always dump the price.
Plus, I am really excited to see if this can have implications for photography too! I would love to showcase some of my photography and the ability to create an NFT for it and sell that! If there is an opportunity here with regards to that I would love to get involved!
Anyway, congratulations guys on the awesome project! Followed and upvoted! I will be keeping a close eye on this one!
Yes this is another great use case for the currency, absolutely!
Interesting project.
The only caveat I see the dependence on the centralized db. Withouth the database there is no way to identify and ensure the uniqueness of an NFT. I would personally love to use an on-chain based solution which is not just ERC721 compliant but also ensures uniqueness.
"centralized database" is really underselling what Hive-Engine is. All data is first put onto the blockchain before it enters into the database, the database is opensource, and the data base can be verified by anyone that's interested. It isn't essential that everyone runs their own node because the database is deterministic because all the information in the blocks is already chronologically organized by the witnesses.
Well I'm trying to install my witness for 2 months now.. the mira version... It was running for 1 day then the rocksdb got corrupted? So I had to do a blockrepair what left me with a chainless witness and had to do a replay again... I'm not giving up... ever.... 😂🤣😂🤣 the server cost only 6 euro a month so it could be fundable with @greendeliverence posts.
Missed this message. Well, it’s super easy to put everything on the chain itself with rocksdb. Now that the product is established perhaps it’s time to invest and and make a true NFT with both images and all the content on the chain 😊
Being said that It’s outstanding that what hive engine has achieved and it’s the best NFT platform out there without doubt.
I don't really understand the mechanics of this, so this might be a silly question, but what's stopping someone (who's bought a piece of art) from copying it and then selling the copy? Is there any way to distinguish between the original and a copy?
Thats a great question, in theory people could copy art and sell the copy, but most of the reputable platforms verify artists heavily before allowing them to tokenize (such as superrare, knownorigin, etc.) some of the more open ones such as rarible require the buyer to DYOR (do your own research) before purchasing as it is more decentralized but they have just included a verified system as well. There will probably always be a level of curation when it comes to art buying and selling because people want to support the original artist and take quite a lot of care when making purchases to make sure it's the real deal :) If there is any dispute as to who created the token first it can be easily verified on the blockchain or through other means if they have stolen a non-tokenized work.
At NFT Showroom we are verifying artists before they are allowed to tokenize.
NFT token is unique and when is incorporated into an art/whatever also the asset is unique, so you know that's art an original.
How is it "incorporated into an art"?
Well, I don't know exactly technology, but if you read about NFT (Non-Fungible Tokens) here https://en.wikipedia.org/wiki/Non-fungible_token or here https://cointelegraph.com/news/nonfungible-tokens-could-change-the-way-we-own-things you can make a picture what it's all about...
It would be added in the picture you are selling I think. My 5 minutes in here gave me the idea that is all about digital art. So the titty art of a girlfriend can't be tokenised the breasts with paint on a cloth can't be digitised. I think.... I'm just waking up.. So forgive me for giving the wrong info... if it's wrong... But if It's right it would be right... if someone wants a titty art piece give me a tell I will give her a tell... 200 euro a painting 870hive. I believe.
I believe it is the start of something incredible. There are so many great artists on hive so it's a relevant platform to have here.
Yes we have a fantastic group of artists here!
Great news! Wish you a good launch! What file formats do you accept for artworks? Only stills or GIFs/video is ok? What's max size?
Hey Yalo! Currently we accept still images (jpeg, png and gif, the max upload size right now is 10mb but we are looking to increase that, Mp4 is in future plans :)
Great! Thank you for the answer)
Amazing! Looking forward to participating. @grisvisa is already preparing some unique pieces for it! It's nice to have a project like this one on Hive!
Happy to have you, thank you for coming aboard!
Welcome to Hive!
Thank you enjar!
HUGE! This is one of the more exciting projects . Can’t wait to buy 😆
HUGGGEE!
HUGGEEEE!
Congrats!! And cheers :D
Thank you Kristy, look forward to seeing more of your art :)
Nice project
Amazing
What's the URL?
https://nftshowroom.com/, I see it's not hyperlinked, updating ...
Yeah
Welcome to Hive! You are opening a new era on NFTs 😎
It's pretty exciting, this has been a long time coming :D
it's wonderful.
This is a very good opportunity for the artist.
Very good to have on HIVE as well, might take some time to really kickin. We should spread the word real fast.
Awesome platform
This is freaking sweet! The fees are also reasonable. As an artist, I like that there are more avenues opening up through blockchain contracts. Very cool indeed.
Awesome! I just wrote a review of buying Julia's art: https://peakd.com/hive-158694/@stellabelle/why-i-just-bought-juliakponsford-s-cryptoart-for-500-hive-on-nft-showroom
fantastic work on this team. I took a look at the site last night and was very impressed.
so excited with how many incredible new platforms and utilities are sprouting up on Hive - currently posting this through dApplr (@dApplr_app)
Posted using dapplr
Thanks we just got our first makeover, and more will be coming including some speed optimizations :)
good luck with your marketplace project 💪
I know whose teddy bear that is. :)
Big guys, big stuff. This will definitely make cool sense here. Well done guys!
Yeah, that's something we're waiting for. The market for this kind of assets is practicaly unlimited. Congrats!👍
super cool, much success!
Really excited to see this project grow! Not going to lie though, I totally read "collectible sauce" when I first saw the post. lol
wow! awesome platforrm for all.
Posted using Dapplr
This is amazing! Congratulations! 🥳
Hi Barabara, we will be thrilled to have you onboard <3
On board then! This is really brilliant! I'll apply, that's for sure.
Great innovative...I've been looking forward to this. Let's make some art
Just signed up! This is exciting, really happy to see this develop and grow <3
This is nice and exciting for those of us that are artists
Welcome nftshowroom!
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this news is excellent it would be great to be in this art community, be aware of the progress greetings
WOW!!! How incredible, this was needed in our community and I am glad that that great moment has arrived, I hope that I can enter the white list and start the NFT boom. ;)
This looks promising. I do drawing and also read about blockchain. Both is like a hobby, spare time activity. To see both of the worlds intersecting at one point is great. I mean sharing on the blog is something, but to tokenize your stuff sounds good to me.