HUP.LIFE: A groundbreaking marketplace for artists and collectors

in #bounty3 years ago (edited)

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The world welcomed the advent of crypto currency in the year 2009 with the emergence of Bitcoin as a digital currency which has come to stay and which is gradually taking the place of Fiat currency especially in international transactions. Bitcoin was the only known cryptocurrency until years later when ethereum platform came live and it allowed other projects to be built on it's network, it seemed as the next best thing and the greatest height the crypto world will ever get to until the arrival of the decentralized finance concept in few months ago. Concepts upon concepts has been built on the crypto space with each concept improving on the previous one.

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Introducing to you the latest concept on the cryptocurrency network called the Non-fungible token (NFT).
Just like people buy precious stones, art works and other physical collectibles and keep them as a form of luxury or used for home interior decoration and other ornamental purposes while others store their wealth in form of these precious collectibles, NFTs can be likened to digital precious collectibles, created by highly specialized people for the blockchain network.
NFTs are collectible assets built on the blockchain network and which can be stored on the cryptocurrency wallets and can be sent from one wallet to another just like any other cryptocurrency.

Some part of the world are blessed with gifted artists who are able to create nice piece for art lovers, but they are faced with the challenge of location, getting their work to where the buying population are concentrated could be a bit tasking and it might not be easy for prospective buyers to locate the artists. The NFT concept on the blockchain network has made it easy for artists to locate their buyers and transactions are initiated and completed from the comfort of their home. Now artist are being brought into digitalization of their work and getting rewarded for the value they are creating, art shopping has never been this easy. The emergence of NFTs is a real deal for all. Knowing that anything stored on the blockchain network can never be erased makes these collectibles secured for life.

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Art works are now been traded as NFTs on centralized platforms. However, the copyright cannot be traced to the artist who created it and there is no form of royalty paid to the owner of the art work. Also centralized platforms can be attacked at anytime leading to loss of assets. To all these challenges, HUP.LIFE profers the solution.

Hup.life is the first blockchain platform that trades Copyright enabled Non-Fungible Tokens (ceNFTs), it operates in compliance with security protocols and international copyright laws, thus making NFT purchase on the blockchain platform legal and more rewarding for both the seller and the buyer.

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Hup.life platform uses image recognition engine and concensus mechanism to prove the genuity of the art work to be displayed for sale on their platform to be sure it is not a plegarized content. With Hup.life protocol, once a buyer decides to resell an asset, the artist who designed it initially gets a royalty payment since the asset was his original content and the copyright is transferred to the new buyer.

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The copyright enabled NFTs has a link that is accessible on the websit through the global TLD system on a decentralized blockchain based Domain Name System (DNS).

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HUP.LIFE is a bundle of goodness to art lovers, both the artist and the art work buyer, the artist is assured of his handwork going global and easier to purchase from any part of the world. The buyer on the other side is assured of a well verified purchase and the transfer of the copyright to him. I am sure all art lovers will love this platform as much as I do.

Check out the website here
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