We guess the main question on everybody’s lips is…what on earth is blockchain? Put simply, blockchain is the most secure way of sharing and storing information, guaranteeing no one can hack into the network and change containing elements.
Ok…but why is that important?
Great question. So, using our assets as an example let’s say you acquire an Afropunk NFT, which in this case is a digital image, and look to keep it for a while in order to realise increases in its value. However the problem with a typical digital image is anyone that comes across it can simply right click, select download and save a version of it to their computer. With this simple action the person can now claim they have an exact version of your NFT, right? Well, no, not exactly.
With blockchain technology when an asset is created it can be made a fungible or non-fungible asset. NFT’s by nature are non-fungible which simply means each NFT is a 1 of 1 making them impossible to duplicate. This is because each NFT is designated a hash code that shows ownership of the unique token associated with the particular digital asset. Therefore once acquired, you have 100% ownership rights over your Afropunk NFT and can use it however you please, whether as a collectible to impress your social circle or as a source of representation within the fast approaching virtual world.
With the creation and ongoing developments of the Metaverse, a digital universe replicating virtual & augmented reality, we see Afropunks as not only unique collectibles but also potential digital assets that owners can use as representation of self within virtual worlds. The Metaverse has been making a lot of noise recently and with the entry of big players, most notably Meta (formerly known as Facebook), coupled with the growing popularity of 3D virtual worlds such as The Sandbox and Decentraland, it was only a matter of time before Afropunks made their introduction into the burgeoning Metaverse arena.
Purpose of Afropunks and perks of owning NFT
Here at Afropunks we’re a team that look to take care of our own and to keep our members updated on what’s going on within Afropunks HQ, we send out online material and hashtag #afropunks so we hope APC members do so too. Whenever we see members hashtag and @ us on socials we look to Like & Retweet/Share any mentions in order to keep the conversation going.
What are the perks of being an Afropunks NFT holder?
As an APC holder you are part of a unique group of afro art collectors and are exposed to extra goodies which can range from occasional gifts to first dibs on new APC’s and/or music. Afropunk holders are also automatic contributors to our partner, MAGAFDN (Make Africa Great Again Foundation). MAGAFDN is an initiative with the sole purpose of contributing to the development of the African continent and as proud contributors to the cause, it’s only right we provide our members with the same opportunity.
Afropunks: The possibilities are endless when you’re part of the APC family.
You: Hmmm…this MAGAFDN sounds interesting. Tell me more
To celebrate the launch of Afropunks we’re doing an NFT giveaway via twitter in which 3 people get a chance to win an Afropunk. Head over to the Afropunks twitter page and follow the instructions.
For those interested in getting their hands on an Afropunk NFT right away, you can acquire one by visiting the Afropunks Opensea page and completing the acquisition process. To assist our people in avoiding high ETH gas fees we chose to carry out the minting process using the Polygon (Matic) network, so collectors can acquire Afropunks without having to worry about exorbitant transactions on the Ethereum blockchain.
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