ITSMYNE; UNDERSTANDING LICENSED DIGITAL COLLECTIBLES

INTRODUCTION

ITSMYNE is a platform which is centralized; medium for retailers with knowledge on cryptocurrency or without expertise are allowed to purchase authorized digital tokens from movie icons, production studios, athletes and sport teams directly. ITSMYNE is different from others because it is not just a market for carrying out transactions rather, like the Reddit community, it is a platform that allows fans who are curated talk about their most preferred topics, purchase, and engage in Non-Fungible token tradings significant to the topic of discussion.

LICENSED DIGITAL COLLECTIBLES

This is otherwise known as Non-Fungible Tokens. By design and default, the world we live in is non-fungible. What does this mean? It simply implies that a large degree of things in our environment is uniquely created by Nature that is, unidentical for examole, even amongst twins, they are not alike, trees, animals and all other natural constituents.

The coming of industrialization brought about a wave of mass/large production. It created a shift in paradigm which produced a large range of objects in our environment becoming 'fungible' which means two products being alike hence, can be exchanged. Currency is a significant example of objects that are fungible. A Fungible token is a log or documentation of objects that are fungible e.g cryptocurrencies like Bitcoin and Ethereum. Similarly, Non-Fungible Tokens (NFT) are documentations or records of non-fungible obejects. Amongst the various significant uses of non-fungible tokens, most users are attracted to it's story-telling feature.

Story telling is an important part that goes as far as history. Infact history is story telling which is aged like language; old. It is an act of communication that has the influence for pradigm shifts and molding imaginations that create memories powerfully. When a story is compelling, the audience are left with a great impression which is unforgettable. Over times, the art of story-telling has evovled in diverse manners however, with keen observations, the theme of artistic depiction is unchanged as the favorite means for telling stories.
For instance, using a medium that ranges from Nok art to the popular YouTube, a profitable bet can be made that depictions of the artists regarding story-telling will keep changing. In fact, we are at the peak of shift in paradigm in the art of story-telling via distributing digital tokens/collectibles as non-fungible tokens (NFTs) documented on the network; Blockchain.

Is The Time Now?

A lot of factors have been put in place to ascertain if the optimum time to be introduced into the market is now. The major reason being that according to Reuters publication on the 5th of July, 2021, Non-Fungible Tokens trading capacity in the first 2 quarters of the year surpassed $2.50 billion dollars. Based on the forecast on the evolution of Licensed Digital Collectibles (NFTs), it will reach it's peak in 10 years withiys current entry point.

CONCLUSION

ITSMYNE is another indication that cryptocurrency is permeating the globe and impacting systems with it's amazing features to make the development of the century a notable thing. Indeed, cryptocurrency is the future of our civilization.

USEFUL LINKS

Website: https://itsmyne.club
Telegram: https://t.me/itsmyne
Twitter: https://twitter.com/itsmyneclub
Instagram: https://www.instagram.com/itsmyneclub/
Discord: https://discord.com/invite/hBXArekx
Medium: https://itsmyne.medium.com/

Authors Details

Bitcointalk Username: Jeffsonwite
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3324909
BSC Wallet Address: 0x2e5a64Fe7E50B0cA5b4178bF17EF06282207756e