Cours de ALL.ART

The ALL.ART Protocol defines upgraded NFT standards with embedded license rights and additional metadata crafted per industry needs to be stored on-chain, solving a major shortcoming of the current concept and opening doors to worldwide NFT adoption within a whole range of industries. They call this standard NFT-PRO. License rights and legal contracts embedded into the very structure of NFTs and their behavior ensure that any transfer of ownership is properly managed on-chain, where both buyer and seller know exactly what the agreed arrangement is. As in real life, there can be multiple types and levels of license rights for a single NFT item, as well as different behavior models of these NFTs. Utilizing the next generation of NFTs, Web3 applications can access additional metadata and implement proper behavior for NFTs or give users proper permissions based on on-chain data. The core of the ALL.ART Protocol is the new NFT infrastructure that supports creator economies and metaverses of the future. Metaverses are coming and NFTs play a key role in the transformation of digital ownership. The protocol introduces creator pools with creator tokens; each NFT can then be traded using these tokens. Creator tokens are the main fuel powering creator economies of the future. NFTs are assets produced by creators, traded by creators’ communities using creator tokens. By launching their own cryptocurrencies, creators will have unprecedented control over how their NFTs are utilized. Powered by new standards of NFT on-chain metadata, ALL.ART Protocol brings components, tools, and features that will empower creators to launch and facilitate their own ecosystems across industries. The protocol infrastructure establishes features like NFT Minting, NFT Escrows, NFT Bidding, NFT Auctions, NFT Advanced Trading, NFT Teleport, NFT Verification, KYC/AML NFT services, NFT Ticketing, NFT Estates, and creator economies based on NFТs.