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NFT ECO-SYSTEM

The NFTs are classified according to market sectors and extended or contextual application use. They allow those who buy them to have CONTENTS with high professional,  quality and ready for inclusion in their Augmented Reality.
Market sectors are very specific beyond NACE classifications and NFT designer can create new classifications to allow better search and  identification of content and use for possible users.

 NFT CLASSIFICATION

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ADDRESS 5 CORNER 333

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Role Creator, designer of NFT.
TA CLIENT may decide to assume the additional role of creator, designer and designer of NFTs (
Non-Fungible Assets). Each NFT has an active target image (APP4AR checks for uniqueness and good recognition) which represents the NFT when it will be used, instantiated by a Client or User who purchases the NFT] and which allows recognition of the NFT. The designer is the first owner of the NFT. Each NFT is represented by a single active image for its recognition and APP4 controls. at the time of creation, that No NFT can be confused.

In the corner dedicated to no.5/333 the CLIENT enables his additional ROLE for [each NFT has proper role] as Designer of the NFT and proceeds with the choice:

  1. - the application and market sector;

  2. - extended classification of contents;

  3. - the choice of the identification image of the NFT by sending it to the APP4AR Cloud for the identification check;

  4. One or MANY Dispatcher and related  contents ALBUMS;

  5. Publish in ETH-STORE.

Each NFT is autonomous and served by its own ETH Account & SMART CONTRACT with the parameters as assigned above.

NFT  DESIGNER: WHAT IS 

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The NFT  representative Active Target is marked with the following icon in order to signal the presence of an instance of an NFT in Augmented Reality.

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NFT CREATION SET-UP AND CONTENTS UPDATE

The NFT is a resource created to allow clients or interested users to enjoy varied, complete and up-to-date content. The NFT can contain many Dispatchers which will be proposed to the WIF which frames the Active Target of the NFT, filtered by language and showing the list to choose from among the many possible contents of the NFT.

At creation, the NFT designer set:

  1. - choice of extended free market sector and use. If the designer does not find the most suitable identification, the designer can create a new classification more suitable in his own language, and APP4AR automatically produces the translation in all the languages ​​handled;

  2. OPTION: open to be PART of ADVERTISING CHANNEL 1 [panel 08 ] allowing Advertizer to present the ADV message in WIF activation;

  3. -OPTIONS FOR ETH-STORE: free or sale price for client or user NFT purchase;

  4. OPTION LIMIT availability for  client only;

  5. - check if the just created NFT designer role account   contains sufficient funds for the creation and underlying Smart Contract deployment;

  6. - carries out the entry of the NFT into the ETH-STORE at the same time as the creation and deployment of the UNDERLYING SMART CONTRACT. 

  7. NOTE: While an ALBUM is  created by a user or customer may contain the reference to the List of contents of an NFT [Alternative Albums in the NFT ] NO NFT can be created with other NFTs inserted.

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EARNING OPPORTUNITIES FOR CLIENTS NFT DESIGNER

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NFT DESIGNER ROLE

Eth-Algo NFT account and Smart Contract

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EARNING OPPORTUNITIES FOR PARTNERS  CONTENTS CREATOR

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EARNING OPPORTUNITY FOR NFT AS TRADABLE ASSET

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ADVERISING CHANNEL 1

The Set of NFT  free or for a fee, with the active option to allow ADVERTISERS 'advertising messages to access Panel 08 if they comply with the list of NACE 1 & 2 codes defined by the designer of the collection, is added to the VIRTUAL SPACE of the CHANNEL 1.

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NFT: TRADABLE ASSET

EARNING OPPORTUNITY.

ITY FOR NFT AS TRADABLE ASSET.

Each NFT can be published on MARKETPLACES dedicated to NFTs [such as OPENSEA] for possible SALE to another CUSTOMER buyer who becomes the NEW OWNER for all credit and debit effects.

COLLECTION SMART CONTRACT OPTIONS

GO TO SMART CONTRACT OPTIONS

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NFT  PURCHASE & USE

Unlike 2D COLLECTIONS which represent active images that can be purchased and which allow connection to multimedia and multilingual augmented reality designed by the purchaser of the collection, NFT is a resource that can be purchased from the ETH-STORE by the CLIENT or USER [with an Ethereum account main], which contains multimedia and multilingual augmented reality already created and maintained by the designer de NFT.

The client or user. following the purchase and successful payment [in case NFT is not free], will as email attached receive the active representative  image identifying the purchased NFT.

The buyer can place [at no cost] and where she/he wishes,t in the real world, the Active Image representing the asset.

This image MUST BE LOCALIZED by the purchaser using the GPS method or the PILOT method.

Only in this way  will it be able to offer the NFT for the use of its WIFS.
Alternatively, the user or client purchaser can put a  reference to the NFT purchased as part of an ALBUM.

In this case the WIF may decide to activate one of the NFT resource  list [shown in the NFT menu] and the selected NFT component alwill overlay the current album. The NFT dispatched ALBUM will overlay the actual one.

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NFT THIRD PART FOR ROYALTIES

List of Ethereum Accounts of any third parties to which NFT Royalties are recognized in the event that royalties are requested relating to the content of each DISPATCHER included in the NFT. Royalties are counted when the DISPATCHER is activated in augmented reality. It is the responsibility of the NFT designer to indicate the amount of the royalty (fixed) for activation and the identification of the Ethereum account of the third party.

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ETH-ALGO-STORE

Who buys or want to use an NFT go to the application corner and search by market sector or by price range.
He will also have to check if the NFT is open to advertising messages and if so, to check which list of NACE 1 and 2 sector codes the designer has decided to allow access to panel 08 activated by any active component present in the NFT when activated by a WIF.

In order for A REGISTERED USER TO USE paid NFT , he must have an Ethereum Account

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APP4AR SERVICE FEES

The following rates are paid to APP4AR for each NFT [included in the SMART CONTRACT deployed upon creation]:

  1. - ACNT-NFT-CREATION_FEE due to APP4AR for creating a new NFT

  2. - ACNT-NFT-PERC-ON-SALE for the transfer of use to a customer or user through a sale calculated as a percentage of the sale price

  3. - ACNT-NFT-FIXED-FOR-FREE-NFT-USE for free NFTs in ETH-STORE, APP4AR charges this fixed fee for each use concession to a customer or user.

The recognition of an instance of an NFT in augmented reality by a WIF has no cost.

Activation is subject to the fee:

SC_NFT_ACTIVATION_FEE for instantiator and  ACNT-PERC-ON-SC-NFT-ACTIVATION-FEE for APP4AR

All the above costs are accumulated and added to the NFT account on a monthly basis in a single transaction.In the event of a lack of funds on this account, the offer of the NFT in the ETH-STORE and the activations by the WIFs are suspended.

The designer (and after any sale) the current owner of the NFT is informed by email and must reactivate the position by accessing the RECOVERY corner.

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NFT RELATED ECONOMIC MECHANISMS

ECONOMIC MECHANISM: TRANSFER OF OWNERSHIP TITLE OF AN NFT. NFT MARKETPLACE. NOTARIZATION.

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ECONOMIC MECHANISM: EVENT 1 & 2

  • CREATION

  • NFT  RIGHTS OF USE -SALE IN ETHALGO--STORE

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ECONOMIC MECHANISM: ACTUAL NFT OWNERSHIP REVENUES ARISING FROM REAL WORLD WIFS ACTIVATION ACTIVITY EVENTS [3]

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ECONOMIC MECHANISM: ACTUAL NFT OWNERSHIP CHARGES FOR ROYALTIES TO THIRD PART FROM DISPATCHER  ACTIVATION EVENTS IN  AUGMENTED REALITY [3]

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ECONOMIC MECHANISM: NFT OPTION ALLOWING, WHEN INCLUDED DISPATCHERS ARE ACTIVATED, THE RECEIPT OF THE ADVERTISING MESSAGE [NACE COMPATIBLE] IN PANEL 08 [EVENTS 4]

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NFT SMART CONTRACT  PARAMETERS

SC_NFT_ACTIVATION_FEE: Cost rate applied to the NFT user for activation of a DISPATCHER included in the NFT, by a WIF. The ACNT-PERC-ON-SC-NFT-ACTIVATION-FEE is applied as APP4AR service;

SC_NFT_ROYALTY_FEE: For any Third Party having rights to the content of a DISPATCHER present in the NFT;

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