Tokenart

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News

Standard Chartered Implements Strict Editorial Policy for Market Commentary

Standard Chartered has announced a strict editorial policy that emphasizes accuracy, relevance, and impartiality in its market commentary.

Rajesh Kumar

3 hours ago

SpaceX Pre-IPO Tokenized Offerings Canceled Due to Allocation Issues

Several crypto platforms canceled SpaceX pre-IPO tokenized offerings due to failed share allocation, leading to refunds for customers.

Miguel Rodriguez

3 hours ago

Arbitrum Governance Proposes Major Funding for Foundation

Arbitrum governance is evaluating a funding proposal for the Arbitrum Foundation, seeking 16 million in real-world assets, 1,700 ETH, and 230 million ARB tokens to support its operations for another year.

Luis Flores

12 hours ago

What is Tokenart?

Its innovation lies in licenses, which allow you to know exactly what rights you have on the NFT you are buying.

Contents:

Description of the Tokenart project
More about the work of defi app

Tokenart - a project for issuing and working with NFT

Description of the Tokenart project

Tokenart — an open source decentralized project that allows creators to issue secure and legal NFTs. It allows all users to participate in the NFT market update in a decentralized way. It also provides a standard to allow NFT creators to inform their communities of the rights they wish to assign to their creations.

Tokenart is inspired by the work on Creative Commons, initiated by Lawrence Lessig, to better manage the transfer of rights on the Internet through NFT.Tokenart

Digital NFT — a combination of NFT and the digital part of the job. The physical NFT is the physical part. The Creator undertakes to deliver the artwork after the sale of the NFT. Afterwards, your part can be represented solely by the binary NFT logo. The rights, associated with the NFT (for example, the right to use it commercially), are also exclusively represented by the NFT. For each sale, the creator receives a share of the sale price.

1.	When you buy an NFT, you get the right to commercial use of the part it identifies.
2.	When you buy an NFT, you get the right to modify the part it identifies.
3.	When you purchase an NFT, you are entitled to a share of the royalties, generated by the work.

By creating the project, the team aims to add a collaborative and global community, allowing any creator to facilitate the transfer of their rights to WEB3, thanks to NFT. Creators can enter the NFT world and take advantage of the benefits, offered by the blockchain, in a healthy and secure way.

More about the work of defi app

Initially, the project focuses on building NFTs and the ability to create legal, compliant NFTs, and be able to sell them on any ERC721/ERC1155 compliant platform. Currently, Tokenart welcomes only a small number of creators and contributors, selected by the community itself. You can use the form on the site to create an NFT and submit your profile.

The mere fact of tokenizing a creation with a standard offers the creator legal proof of ownership. The standard then allows the creator to choose which intellectual property right they want to offer through their NFT.