Internet For Good NFT Collection
– IGF: Internet for Good Foundation
Project: Internet For Good NFT Collection
– IGF: Internet for Good Foundation
NFT Concept: The internet of bad things?
What if you see something bad happens? You want to help!
We could not believe our eyes what happened in the newest and most trending Netflix documentary «The Tinder Swindler». Who is the Tinder Swindler? The so-called Tinder Swindler is Shimon Hayut, a convicted fraudster born in Israel. Hayut used dating apps to meet multiple women, then established lines of credit and loans in their names, ultimately leaving them holding the bills. So whilst we talked if this could happen to us, we did spent even more time thinking about how to support them. The idea was born to create and releasing NFTs where the victims will benefit from the royalties generated.
NFT What?: NFTs are individual tokens with valuable information stored in them. Because they hold a value primarily set by the market and demand, they can be bought and sold just like other physical types of art. NFTs’ unique data makes it easy to verify and validate their ownership and the transfer of tokens between owners. NFT stands for non-fungible token. Non-fungible is an economic term that you could use to describe things like your furniture, a song file, or your computer. These things are not interchangeable for other items because they have unique properties.
Royalties: Royalties from NFTs give the original owner a percentage of the sale price each time the NFT creation is sold on a marketplace. See below table for details.
Donation: Part of the royalties will be donated with the purpose to help victims of internet fraud.
Elena is the creative head in this digital NFT project. She herself is an artist and continuously develops her skills. Her experience ranges from painting with acrylic colors as well as drawing by hand with charcoal and also in the digital space. Discussing this Tinder fraud with Tilmar, both merged their skills and created this project to use the Internet for good.
Find more information about Elena on LinkedIn
Tilmar brings the Tech to the project. Through his involvement in blockchain technology in particularly with Cardano, SEBA Bank, Bank Frick. He stired the tech and creativity to initiate this project. Tilmar is the author of the “Banking Bitcoin Taxation Handbook — The Handbook of International Money Management and Digital Assets”. In his PhD in Accounting in Data Science he combines philosophy with finance through tech and defined the neo-liberal phenomena of Algorithmic Anthropometry. The digital measurement of the human individual.
Find more information about Tilmar on LinkedIn
What is NEO: Neo (formerly Antshares) is an open-source decentralized blockchain decentralized application platform founded in 2014 by Da HongFei and Erik Zhang. Since its rebranding to Neo from Antshares in 2017, the project’s vision is to realize a “smart economy” by utilizing blockchain technology and smart contracts to issue and manage digitized assets. The Neo network runs on a proof of stake decentralized Byzantine fault tolerant (dBFT) consensus mechanism between a number of centrally approved nodes, and can support up to 10,000 transactions per second.
The base asset of the Neo blockchain is the non-divisible Neo token which generates GAS tokens. These GAS tokens, a separate asset on the network, can be used to pay for transaction fees, and are divisible with smallest unit 0.00000001. The inflation rate of GAS is controlled with a decaying half-life algorithm that will release 100 million GAS over approximately 22 years. A total of 100 million Neo were created in the Genesis Block. 50 million Neo were sold to early investors through an initial coin offering in 2016 that raised US 4.65 million,with the remaining 50 million Neo locked into a smart contract. Each year, a maximum of 15 million Neo tokens are unlocked which are used by the Neo development team to fund long-term development goals. The core of the Neo feature set revolves around tools that allow developers to efficiently deploy and scale smart contract applications on the Neo blockchain. X.509 Digital Identities allow developers to tie tokens to real world identities which aids in complying with KYC/AML and other regulatory requirements. https://neo.org/
What is Ghostmarket: GhostMarket is a cross and multi chain NFT marketplace that supports blockchains with smart contracts and NFT capabilities. The platform is is integrated with Neo N3, Phantasma Chain, Binance Smart Chain, Polygon and Avalanche. GhostMarket features fully trustless NFT trading facilitated by smart contracts on each integrated blockchain. One of its most powerful and innovative features is the Self Mint Platform. This next generation feature allows artists and developers to create and sell their NFTs using a simple and intuitive interface.
© Zurich, Switzerland, April 2022