Stolen Art: A unique NFTs collection on SmartBCH
28-04-2022
Back with a new NFT collection which is now available on SmartBCH.
Imagine it's 2069 and I'm still talking about new NFTs collection launching on SmartBCH. Till than i believe there will be billions of NFTs and billion of $ locked only in NFTs TVL.
So for now I'll say it's gamble or ponzi we don't know about value of these things in future but as far i know value will keep increasing with the passage of time coz it's digital era and digital assets have got some value.
Anyways let's talk about stolen Art NFT which is just landed few day's back only on SmartBCH and was thinking to make a proper analysis since it was launched but i was busy back facing some other problems
Well now it's time to share each and everything about this collection and also the reason why i say it's unique.
Stolen Art - A new NFT collection
From very first name of this collection the only thing comes in mind is that Art or NFT is original?
So basically idea behind this whole collection is unique and from stolen art we can have an little idea already
These Art's in this NFTs collection are being stolen from famous artists like Pablo Picasso or banksy and other famous artists around the world
Multiple famous artists are popular and earned respect around the world coz of their painting and art which is now being stolen and available on block chain specially on SmartBCH.
A total of 10,000 mint able NFTs
This will be another 10k NFT mint and it's totally depends on luck getting a rare or a common NFT
Currently minting is live at Stolenart.cash
And mint cost of per NFT is 0.1BCH which is too rare to see a mint price around 0.1BCH in SmartBCH
Almost 1k NFTs have been minted already so far and yet a long way to go.
Also coz NFT hype is over and peoples stopped minting NFTs it will take much longer to complete this whole mint
1000 BCH to be raised from mint
This NFT mint will raise a total of 1000 BCH and correct me if I'm wrong cash cats NFT also raised nearly 1k BCH
But the 1000BCH raised from mint will be directed towards development and maintenance or some other stuff told in roadmap which will be available once the mint is completed.
I might be wrong coz i don't remember now anyways this will be quite tough challenge to reach the milestone
But concept is totally unique and never seen before so it should be a successful mint.
A unique concept behind this collection
The reason why I'm saying it's unique is because its based on stealing art not only from the famous artist but from each others
Yea, we'll be able to steal other peoples art and they can steal our
So either we'll lose our NFT worth 0.1BCH or we'll gain 0.1BCH worth after stealing.
I'm telling everything in short and to fully understand it I'll suggest reading their whitepaper available on their website.
Rare or common stolen Art's
Rarity is something which tell the value of an NFT we own and stolen art rarity is well distributed and is out already on stolenart.cash
It depends on artist totally, also only 10 special NFTs are out there which isn't minted by anyone yet
And these special NFTs will have ability of giving protection or multiplier.
According to whitepaper, 10 Specials will be available for mint and will be self portraits/portraits of 10 legendary artists.
Staking a Special NFT in the Public Gallery will provide a ‘Protection’ multiplier for your other.
Art heist: stake NFT with risk
This will be first time seeing something like this, it's enough staking NFT and making passive income without any risk now there will be risk of losing NFT while staking
So it's depend on being greedy or more smarter
Public gallery will allow us to stake and this whole concept is well explained above.
Tokenomics of ART token is quite strong and this project really hold's potential and SmartBCH success will make this NFT collection one of best thing ever exist.
I minted some stolen Art's
Minting is still ongoing and I've done my part, was already excited for this collection and saved BCH for the mint
And only minted few, got no rare or special a bit unlucky as you know what's going in my life these days
Though there's a lot of reward scheme going on for minting stolen art
First person to mint special NFT will instantly get 1BCH in his/her wallet
And the person who'll mint most NFTs will receive some other NFTs like gambling apes, reapers, lawpunks and more likely 10 different NFTs worth more than 20BCH.
Fin.
Just sharing point of view and NFA at all, for now I'm literally done with NFTs minting
From now I'll give it a rest until SmartBCH TVL really get more bigger.
As of now it's already low and trading volume is quite much low.
The price is much, i decided not to buy.