Author: Stephan Pire

Stephan Pire is an e-Commerce Entrepreneur drown in Retail & FMCG industries. Owner of http://Soundviz.com and a bunch of other Marketplaces. Stacking up #NFT.
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The Double Impact NFT Project

In collaboration with our Blockchain team, the Double Impact adventure has kickstarted small NFT projects. To keep the right balance, both projects and artists will be rewarded.

Get the perfect NFT mix. Double the effect, Double the Impact.

Double Impact is a 360° NFT Studio For Artists willing to expand their audience to the Web3 community. 2xIMPKT aligns the long term Royalty strategy with the Artists. Artists use Double Impact to launch a community growing strategy. Building the roadmap from the idea to the followup after NFT sellout.

3 First NFT Projects

NFT for Comedians

NFT is a Joke is a NFT collectible series of 500 unique tokens comprising handmade graphic illustrations of many comedians and artists featured at the Namur is a Joke festival.

NFT is a Joke are membership cards giving access to Festival exclusives. Some NFT’s will also be real tickets for some of the shows. And even more, owners of rarest NFT’s will enjoy meet&greet with their favorite artist !

Double Impact NFT for Music Art

You can easily create your own Soundwave NFT by clicking on the SOUNDIZ Top Menu item “CREATE” and follow the instructions. Each soundwave is unique and will be part of a Music Art collection.

Double Impact assists Soundviz in integrating its Soundwave Generator with OpenSea.

NFT for Artists

Showcased artists at SxSW will use Double Impact’s help to create unique moment and use them to raise fund. The NFT is becoming a key component to fuel a Band growth.

The Double Impact Team
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Double Impact – NFT and Split Legs

Hey NRmine users, we have been working on a new NFT project. Double Impact is born in Liege Belgium.

The pitch is simple, 2xImpact will support Artists during the next main festivals in Belgium. First in line, Namur is a Joke, whose lead comedian is part of the Project.

Double Impact SRL learned from the Jambb and Snoop Dog NFT experience to build a few collections to mint.

Double Impact - NFT and Split Legs
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A NRmine Story & Vision

The initial NRmine story was all about mining $ETH, $ZEC and $BTC using renewable energy. Our miners were connected either to Solar Panels or to Water Turbines.

While that project was highly profitable for us and for our end customers, it was hard to support when crypto currencies were going down

When Crypto is down, funding Crypto Miners looks like a Ponzi scheme

In 2019, when the $BTC and $ETH went down, we realised that most of our customers were newcomers in Crypto Assets. While most of them are happy with what they finally go out of the mining, they reached a high level of stress when the coins went down by 90%.

Also, the most exotic coins were favoured by a lot of users. The $NYC (New York Coin) was a buzz experiment. Jumping +600% in one day, getting delisted the other day.

That’s why we pulled the plug on selling Crypto Miners leasings

Pulling the plug wasn’t easy. The Sales were high and the market was back. We sold twice as many Rigs leases in 2020 when most of the early contracts were expiring.

Anyway, we wanted to find something more relevant with the Ethereum we were mining. This is how we investigated smart contracts on Art, Music, Gaming and also Business.

The NFT hype encapsulates all the Art, Music and Gaming part. While Artists can track their creations on the Blockchain, Game Designers can organise an extended life of their games by allowing designers to create assets and sell them. The biggest games of the near future will be the one where the biggest community of content creators will be.

Music Creators can recover from what they’ve lost with Streaming

The Music part is still poking the NFT concept to settle on a profitable and relevant solution. The obvious part is royalty management, but there are a lot of other opportunities including Album artworks and Gig Booking.

Booking gigs is still a traditional model in the music industry. Though it’s still the only way a Band can become the next big hit. The Blockchain will also foster the end of record deals, which jailed a bunch of the best artists.

Business is NOT ready for 2025

By 2025, all contracts – from job to insurance – will be in the blockchain. The economical reason is simple: it will destroy all the middle components between peers. We kept for literally centuries Lawyers, Real Estate deeds, Insurance Brokers and Bankers. Their whole purpose is now made obsolete by the Smart Contracts.

Depending on the conservatism of a company, its transition will have to be fast tracked to grab the first Market shares. A Smart Contract transition is not a high tech project; it’s looking more like a Governance project. As we managed to get ready for Sarbane Oxley in a very short time, we will be able to shift on our old way to sign contracts in a few months.

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Creating an Utility Token NFT

Let’s summarize how we could be creating an Utility Token NFT as per this course: https://www.coursera.org/lecture/transacting-blockchain/utility-tokens-app-coins-hXk0T.  The utility token is the third of seven types of cryptoassets.

Utility tokens or app coins are a way for a distributed application to raise funds. One of the first projects to hold the crowd sale for utility tokens was Augur.

The Augur Utility Token example

Augur is a prediction market designed to harness the wisdom of crowds in order to make markets in virtually anything. To us, Augur showed the potential power of blockchain technology. We dubbed the crowd sale at the time,” a blockchain IPO”, but the stickier term was Initial Coin Offering or ICO.

It’s a bit of a misnomer, but the sale was a sign of things to come. In 2016, roughly $165 million was raised in ICOs. That was interesting but not really enough to raise eyebrows outside of the blockchain community. But by 2017, the figure had reached at least $3 billion, perhaps, as much as $7 billion.

Ethereum’s co-founder Joe Lubin, believes this new fundraising model is democratizing the ability for projects to fund themselves.

The Augur native Token

A distributed application like Augur, can sell utility tokens giving consumers access to services or access to scarce resources, or Adapt can sell security tokens which we’ll cover in the next section. Augurs native token is not equity perse, but a utility token that users need in order to interact with the network or the application.

Basically, Lubin says, “Adapt crowd sale is pre-selling something and using those proceeds to build what you need or to take a project from a rudimentary stage to a more sophisticated stage.” Utility tokens can have applications in virtually every industry.

The Utility Token Golem example

 Golem, a decentralised alternative to today’s centralized clouds which are run by giants like Amazon and Apple. Golem aims to use the power of billions of devices to distribute computation, but for its model to work, it needs an incentive for us all to participate. So, in 2017, Golem issued a utility token which allows users to pay and get paid on its platform. Now, if Golem works, it could potentially disrupt Cloud computing as we know it today, a massive multi-billion dollar industry.

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NRmine invests in Gaming NFT

NRmine Gaming NFT Town Star by Gala Games

On top of curating and creating #NFT on the major Marketplaces (OpenSea, etc.), NRmine decided to invest in Gaming NFT.

What are the main Gaming NFT platforms?

At NRmine, we favor 3 specific games at this stage:

Sorare

Trading Football (Soccer) cards online is like a child dream for us. We love buying the Pro footballers we follow and invest in the youngsters that we believe will be the next Messi.

How do we invest in Sorare? We do allocate 25% of our NFT portfolio on purchasing young prospects. Those prospects are actually analyzed on FIFA’s database FUTBIN.

The methodology is documented: we buy players that are younger than 22 years old, are from the major nations (France, Belgium, England, Italy, Germany, Brasil, Argentina) and play in a major league outside their country. Yes, we assume that a French 21 years old playing in Germany Bundesliga is a huge prospect.

If FIFA awards them a Team of the Week or Season (TOTW or TOTS), we’re raising the Risk Premium on that card and investing in a Rare or Unique version.

The Sandbox

There is a consensus at NRmine to accept the fact that The Sandbox is beautiful, promising and buzzing. We are investing in Land. Unfortunately for our intern gamers, we do not invest in Alpha tokens.

We are buying The Sandbox Assets only from OpenSea.io. We do not store SAND tokens for investment.

Gala Games Town Star

Town Star is a Settlers style simulation. If you’re into Supply Chain and Gaming NFT, Gala Games Town Star is for you.

Before you invest any NFT or even buy GALA coins, you can start by watching this well-made end-to-end Tutorial from On Chaim Gaiming:

We invest in GALA Gaming by acquiring long term utility Assets and NRmine provides one of its servers as a Node to Gala Games to contribute to the community.

When will we add more games to our Portfolio?

I guess soon. We are actively looking for major franchises like FIFA, Madden, Civilization and many others to jump into Gaming NFT. That would be an upsell way to generate revenues on top of DLCs and it would boost gaming time.