Gate.io NFT Box, Boosting New Possibilities for Amateurs

2021-07-05, 06:14

By 2021, whether you are a celebrity or an amateur, as long as you are creative, you can cast your original work into an NFT (Non-Homogeneous Token) and upload it to the trading platform for auction. As the saying goes, gold always shines. The rapid popularity and large-scale application of NFT are bringing traffic, increasing popularity, and realizing work to many creators. And the popularity of NFT in the first half of this year, to some extent, has played to the public's desire of Counter Strike

Therefore, it has penetrated the surface of the NFT auction of celebrity works, and provided more talented, dreamy, passionate, and potential creators with a platform for display and a channel for realization, so as to sink to the most grounded creative circle. This will be the key path to break the circle and extend the life cycle of the NFT platform.

Compared with the earlier leading NFT trading platforms such as Opensea, the front line digital asset trading platform has more advantages in the scale and activity of users, technology accumulation and operation level. When these exchanges start to launch the NFT platform, they can fully dispatch various resources and empower creators more comprehensively.

For example, Gate.io NFT Magic Box, the NFT creation and auction platform recently launched by Gate.io, is one of them. It is worth noting that in addition to the advantages of high liquidity and low rate brought by Gate.io, the Gate.io NFT Magic Box also has a series of concrete, feasible and strong "support programs for amateurs."

Deconstruct Gate.io NFT ox

According to its official website, Gate.io NFT Magic Box is positioned as "an NFT creation and auction platform belonging to everyone", dedicated to the general public. This puts a test on the scale of potential users and technical processing capabilities. Corresponding to this , there are the 6 million+ global users of the Gate.io trading platform and an average annual increase of one million users, as well as the Gate.io public chain and cross-chain agreement that can provide global artists and NFT institutions with cost-effective technical services. NFT's box has 0 fee scheme for casting NFT, and compatible with multiple platforms: not only the original NFT in the Gate.io NFT box, but also other NFT platform assets (such as SOR, RARI, OPENSTORE, etc.), can also be recharged and transferred to Sold in Gate.io NFT box.

Gate.io NFT Magic Box is mainly divided into two parts: NFT Pioneer Creation Platform and NFT Auction Trading Platform.

NFT works display page

The function of the NFT Pioneer Creation Platform is mainly to cast and quickly upload their own NFTs for users for free. After uploading, the platform will review the NFT content. We have tested and found that the more convenient way to upload NFT is: open the NFT Magic Box product page, enter the personal page of any creator, click the "I want to create" button, then on creation page of the work, fill in the content according to the page requirements, and complete upload. Ordinary users only need to operate it once to get a general understanding of NFT. After the work is approved, it can be searched and viewed on the platform.

NFT works upload page

The NFT auction trading platform is mainly used for the display and trading of works. The pages are displayed according to the classification of NFT works, including art, music, domain names, virtual worlds, trading cards, collectibles and sports, etc., which basically cover most of the categories of NFT. There are two trading methods: buy-it-yourself trading and auctions. The sales profits are directly owned by the creator, and a very small part of the profit will be included in the platform's art fund to provide creative support for the platform's contracted artists.

On the NFT work display page. the main forms of the work include photographs, comics, emoticons, 3D videos, etc. The content is also rich and diverse: such as spoof portraits of celebrities, pictures of pretty girls in line with the aesthetics of young people in second and third tier small cities, small videos of basketball stars layups, flash pictures printed with the Bitcoin and Ethereum logo, and even the picture versions of jokes.

Variety of types of works

What dazzles people is not only the changeable color tones, but the imagination conveyed by the content of the work. Here, the talents and wisdom of the vast number of people can be used, and interested readers can come to the platform to have a stroll and have fun.

To paraphrase an internet slang: “all the talents are gathered in the comment section”. These NFT works can also be seen as the creators using deconstruction techniques to comment on traditional art?

Series of Auction Week Activities Have Launched, The Highest Prize of 20,000 US Dollars

After browsing around, we found that the style and content on the Gate.io NFT box are very down to earth. Since it is targeted at the general public, it needs to quickly expand a large volume of customers. For this reason, lowering the user’s understanding of NFT and attracting them to actively participate in NFT creation and trading are not only a necessary option for the platform to rapidly attract traffic, but also can help the NFT to keep trending, which is important for Gate.io NFT and the entire Industries to form a positive cycle.

Therefore, when Gate.io NFT went online, in order to let users experience the fun side of NFT firsthand, the platform specially launched a series of auction week activities. The NFTs being listed are all limited edition paintings created by emerging contemporary artists, covering a variety of categories such as traditional Chinese painting, oil painting, gouache painting and meticulous painting, which can satisfy the various preferences of painting lovers.

The first phase of the event will bid for 14 works of art in total. On the first day, two paintings created by Guidong Hu, a young artist born in the 1980s who graduated from the Central Academy of Fine Arts: "Dreamland One" and "Dreamland II". In these two paintings, the creator uses the dotted block painting method to depict a sturdy horse, bowed and leaped under different tones, symbolizing wanderers in different environment. Abundant emotions for the hometown in the dream. In addition, the author's clever use of painting elements such as color, intention, composition, and lines, and the illusory and real look reflected in the paintings, are similar to the style of the crypto world.

At 18:00 on June 28, the two paintings were sold for US$259 and US$271. Both had a starting price of US$1, and they were listed at 18:00 on June 23, which showed their popularity.

Hu's two works and their transaction prices

What attracts the most attention was that users participating in the auction not only got the physical works corresponding to the NFT, but also had the chance to win a grand prize of US$20,000. According to reports, this event lasted until 18:00 on June 30. During the auction week, the user participated in the auction of designated NFT on the platform for the first time who had successful bid will receive a $10 card on first come first served basis. In addition, the 14 auction works will determine the "top three" according to the final transaction price. All users who participate in the auction of the "top three" works, regardless of whether the auction is successful or not, can share the $5,000 prize pool according to the proportion of the bid. 2 works are selected for auction every day. One of the works is in regular auction which starts at 1U and the reserve price is set; the other work is a bonus with the starting price as low as 1U, and there is no reserve price (2 works will be auctioned every day for 7 consecutive days).

NFT Empowers the Traditional Entertainment Industry Chain and Provides a Atage for Regular People

In addition to providing a self-display platform for the public, Gate.io NFT Magic Box is also committed to building a complete NFT entertainment industry chain: covering artist discovery and training, creative incubation and creation support, cultural and entertainment works publicity and sales, etc, creating a series of upstream and downstream links.

According to reports, the current Gate.io NFT Magic Box will provide support for amateur NFT creators from five aspects:

1. Financial support: special NFT funds are set up for the learning and exchange activities of platform artists;

2. Traffic support: use community and media resources to fully promote cooperative institutions and artists in the NFT field;

3. Event support: organize online and offline activities with cooperative organizations such as artist associations, auction houses, colleges and universities;

4. Brand support: Provide funds, venues, communication and other resources for partner agencies and NFT artists, and share Gate.io's developer community, investment institutions, project parties and other full resource portals at the level of work communication and circulation;

5. Technical support: Provide comprehensive technical support for cooperative agencies and NFT artists, reducing technical threshold and operation difficulty. creators only need to focus on creation.

In addition, Gate.io NFT Magic Box also launched a million-dollar Recruitment Program to recruit outstanding "tomorrow stars" worldwide and incubate celebrities in the NFT field. It can be seen that Gate.io NFT Magic Box intends to be a "scout" role in the NFT field.

In summary, the "sinking" route of the Gate.io NFT box is aimed at hundreds of millions of niche markets, which can meet the multiple needs of artists and users. This extraordinary innovation is a meaningful attempt in the world of encryption.

Content from: Odaily, original author: talk show on the chain

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