Foil Network | Journal

2021-12-28 23:00:01 ​Rock musician Ozzy Osbourne has announced on his Twitter account the release of his own NFT collection called CryptoBatz, which will consist of 9,600 pixel-art bats. Open / Comment

2021-12-28 21:39:46 ​An artwork by Banksy called "Morons (White)" was bought from the New York's Taglialatella gallery for $95,000 and immediately burned in a live broadcast on Twitter. The buyer then turned the digital copy of the burned painting into an NFT and a few days later sold it for $380,000.
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In our marketplace, a work created from wood by the artist 13adara - "Icon of Ruslan Sokolovsky" - was digitized and was also burned a little later.
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And why do they burn paintings?
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It may seem like a planned publicity stunt in the style of Gogol. But "burning" has its own philosophy-it's how a physically existing piece of art is transformed into a virtual asset.
The new buyer receives a unique digital code identifying the work and a certificate of authenticity.
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These "burning" events are in fact expressions of art itself. A new form of artwork is established through the creation of a unique NFT, which is a direct representation of the physical one.
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In addition, fire is also added to reach the maximum value of the art object: while it exists physically, part of the value belongs to the physical world, and after the act of burning, the work acquires absolute and unique value. The physical part will forever be immortalized in the digital NFT, and nobody can ever change digital art by any means. Open / Comment

2021-12-26 19:25:00 Open / Comment

2021-12-25 09:00:03 ​A team of scientists from Britain, during an analysis of 4.7 million NFTs on sale, found that more than 75% were sold for no more than $15. The researchers believe that people are wasting their money and time.
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What do we think about this?
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First of all, NFT is a new technology, the art of the future. From year to year we witness huge changes in the technology industry and now, finally, the world has reached the digital transformation.

We observe millions of people becoming more and more interested in a sphere that used to seem like science fiction.
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Why are most tokens worth little to almost no value?
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Let's make an analogy with a field we are familiar with: music. A up-coming artist dreams of fame, wants his songs to be heard from everywhere: radio, TV, Instagram. His goal is to become recognizable and stay in the hearts of his fans forever.
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But what does an artist need to do to make their work popular?
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The first thing he should concentrate on is developing his brand. That's probably the most important thing in promoting his services or his work. If the performer has a producer, the artist who sells NFT should have a team or at least an understanding of how to develop his personal brand
promotion strategy: you can't go far on a personal brand alone. As in any sphere, a plan needs to be developed: "What should I do to get everyone talking about my work"? You need to study the history of popular collections and understand how successful projects got their start.
take everything seriously: it is important to create something that has never been done before - something original, innovative, of your own. Copying won't work here.
Trends, trends and more trends! Be guided by what is being talked about now! That doesn't mean take the meta universe and monkeys as a basis, analyze the market and create what people don't expect to see.
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Our advice to all NFT creators: be yourself, create whatever you can imagine, but do it wisely and then you will achieve resounding success! Open / Comment

2021-12-24 19:00:07 Open / Comment

2021-12-24 19:00:07 Open / Comment

2021-12-23 21:00:06 ​Elon Musk (Twitter): metaverse isn’t «compelling» and Web3 «more marketing than reality»

We fully agree with this statement. Web3 is a step forward in the evolution of blockchain apps, but it also limits the technology by making it centralized. What about Web Free, when all applications built on the Foil Network operate on the user side and provide 100% P2P interaction? Open / Comment

2021-12-23 08:00:06 ​A brief overview of the results and plans. Evgeny Kuzin, founder of Foil Network, shared information on his Twitter account. Open / Comment

2021-12-22 18:00:04 ​We are often asked the question, "For what currency an author can sell a work on your network!?️"
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Our wallet has the ability to sell NFT both for our own FOIL tokens and for Dogecoin, a very popular coin with a very active and friendly community.
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It is very difficult to find a crypto exchange where Dogecoin is not traded now. In particular, DOGE is present on Binance, the most popular exchange.
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But what if you want other currencies for your NFT? For example, Bitcoin, Litecoin or Ethereum? Not a problem either! Like with Dogecoin, on more extended versions of our wallet, you can put an NFT for sale for any cryptocurrency working in our ecosystem, BTC, ETH and others.
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Also, our wallet has an internal swap function, so you can always exchange your DOGE or FOIL to another currency! At the same time, the list is constantly expanding, so in the near future, right inside the wallet you will have all the popular coins and tokens
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The most interesting thing is that the swap feature is available not only in the web version of the wallet, but also in the mobile app, and in the desktop version there is also the possibility of trading on the internal DEX!
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So, authors who want to post and sell their works on our platform have nothing to worry about. The internal swap feature will help you get your earnings in any format! Open / Comment

2021-12-22 12:00:06 Open / Comment