NFTs are non-fungible tokens issued on the blockchain to represent something that’s unique. NFTs have been quite a rage since the beginning of 2021. It was, although, by the end of the year, that the world came to realise the real-life use cases of NFTs. Crowdfunding, Patents and Intellectual Property, real estate, and finally, building metaverses. The recent sale of Cannes landmarks for €330,000 is the latest buzz in the town. 

But first things first, what does an NFT mean?

Well, an NFT certifies the ownership of a product with a unique signature that cannot be forged. In other words, an NFT (representing a digital asset) can neither be replicated nor modified. The ownership and origin of an NFT can always be traced with the help of its underlying technology, blockchain– a technology that is inherently transparent and immutable. 

Let’s find out how the city of Cannes benefits from NFTs for its iconic landmarks. 

Cannes, a majestic city famous across the world for its prestigious film festival, is the home to some of the most exquisite architecture in France. Ten of its emblematic locations, including the Croisette and the Palais des Festivals, went on sale led by Artcurial. 

Arnaud Oliveux, auctioneer for Artcurial, said:- “Until now NFTs have been limited to graphic creations. For the first time, we have put on sale NFTs linked to real estate locations.”

What really intriguing is the fact that the 3D models and NFTs offered to the bidders can eventually integrate into the metaverse, facilitating them to host virtual cultural events.

NFTs landscape: Finding a new dimension in real estate

As NFTs rise in popularity, they are eventually branching out, finding new dimensions. They are now representing the ownership of tangible items in the real (physical) world, like real estate property. 

In particular, NFTs in real estate are gaining traction, given their advantages over the traditional market. Of its many challenges, the conventional real estate markets face a hassled transfer of ownership, fraudulent deal, illiquidity, and barriers to entry (financial and geographical). NFTs ensure to overcome each one of them, head-on.

NFTs streamline the transaction process, by removing any middleman in the process. The buyers and the sellers are in direct contact with each other. Further, fractionating the digital property lowers the entry barriers for a global demographic. Additionally, NFTs could be used for increasing liquidity by involving in financial protocols like DeFi (Decentralised Finance) and TradFi (Traditional Finance). Due diligence comes complementary to the blockchain network, owing to its transparent nature. 

“The critical element, NFTs, makes it a one-of-a-kind solution when it comes to creating content- digital properties or any other collectibles. The NFT unique technology can get authenticated using the fabrics of blockchain technology. It can be purchased using digital wallets including cryptocurrencies, and also debit or credit cards, and assetised using fintech protocols available in the network.”, Dinis Guarda, author, academician, influencer, serial entrepreneur and leader in 4IR, AI, Fintech, digital transformation, and blockchain.

Real Estate NFTs bring out a fresh facet of this technology- the metaverse. From bringing up digital storefronts by major brands to virtual gaming in the Play to Earn (P2E) model, and virtual ‘metaversive’ events, it’s human imagination only that limits the application of technology in the real world. 

The future: Opening the long-closed doors

Conventionally, real estate has been quite opaque in its operations, shutting any interference from external participants. With NFT integration, however, the doors that were previously never explored are opening by themselves; presenting opportunities that were never even thought of. Direct participation has also accelerated the processes, enhancing the global transformation that Web 3.0 promises inherently.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Using NFTs To Protect the Heritage Of Popular Cities Around The World appeared first on OpenBusinessCouncil Directory.

Holding NFTs offer two critical opportunities to customers — earning money and travelling around the world without carrying cash. As an emerging blockchain leader, LynKey aims to offer a cutting-edge NFT marketplace where tokens can be exchanged for countless tourism and timeshare experiences within the ecosystem. For the first time in the market, the NFT value will be guaranteed by an actual product from the providers. It is committed to being converted 1:1, which is the inclusive support tool from Lynkey that will help the real estate market be more transparent and digitalized, minimize legal procedures, and not be geographically restricted among the countries where Lynkey operates.

The entire LynKey community will be focused on evolving the smart tourism & real estate industry, taking it to the next level with its first-ever, newly launched NFT marketplace. The event will witness the hosting, initiation, and promotion of NFT products by LynKey and other suppliers in the tourism and real estate sectors. Furthermore, it will also include activities such as auctions, buying, selling, investing, etc. where users can buy and sell NFT products at the LynKey marketplace.

By maintaining the perfect balance between a state-of-the-art blockchain ecosystem and the latest in proptech, LynKey aims to allow global audiences easy and secure access to real estate and tourism experiences. And not just that — the entire experience will be rewarding as well; this means that the loyal user will be rewarded with loyalty points for each transaction. What more? Users get the opportunity to own 5-star resort real estate NFTs.

To promote the use of NFTs, LynKey will offer a unique non-fungible real-estate & tourism experience from prepaid lease to timeshare & licences and a smart tourism marketplace. In its aim to combine the world of digital assets with the world of hotels, resorts, holidays, and properties, the blockchain-powered giant will leverage well-established models to offer tokenised property ownership. LynKey Metamart is one such model where with its all-in-one ecosystem mobile app, it produces, operates, and integrates NFTs more effectively as compared to other available marketplace models. It gives customers the option of flexible, speedy and global payment methods, allowing them to use NFT products immediately with a simple one touch on their smartphones or a scan of barcodes.

LynKey Metamarket, powered by the NFT LynKey multichain through a highly flexible Lynkey wallet, is the first ecosystem capable of storing multi-volume NFTs. And the best part? It can integrate unlimited e-wallets (such as debit and credit cards, Apple Pay, Samsung Pay, etc.) and crypto-wallets (such as Metamask and Trust wallet).

Details of the events taking place in Ho Chi Minh City of Vietnam:

Event: The official launch of The Global Tourism and Property NFT Marketplace by LynKey

Date: 29th June 2022

Location: Sheraton Saigon Hotel & Towers, 88 Dong Khoi, Ho Chi Minh City, Vietnam

Timings: 7–10 pm (GMT+7)

Attendees will have the opportunity to interact, collaborate, and learn from the best minds in the blockchain world. Speaking about the best minds in the blockchain world, following is the list of esteemed panelists at the event:-

Mr. Dinis Guarda, MsC — Non Executive Chaiman of LynKey, founder and CEO of ztudium

David Tran, PhD — Blockchain Expert, Professor of Massachusetts

Mr. Tuan Hua — Chief Technology Officer

Ms. Tran Thi Nguyet Nga (Cindy Tran) — Project Advisor

Mr. Dang Hoang Viet — Deputy General Director of Crystal Holidays Travel

Le Dinh Vinh, PhD — Senior Expert in Finance and Corporate Governance

Mr. Ngo Van Chien — General Director of Meta Solution

Mr. Nguyen Tung Linh — General Director of NDOT

Mr. Ngo Sy Tung— General Director of Timeshare Vietnam

Mr. Mai Duy Quang — Vice Chairman of VINASA, Member of Executive Board of Vietnam Blockchain Association

Mr. Truong Gia Bao (Leon Truong) — Chairman at Digital Transformation for Small and Medium Enterprises (DTS Group)

So come 29th June, gear up and get yourself ready for a host of new and innovative experiences in the NFT world, brought to you by LynKey.

About LynKey

LynKey is a 4IR (Fourth Industrial Revolution), all-in-one and utility ecosystem that offers unique blockchain-powered solutions for property booking, investment or property rights to use, time-sharing in resorts, hotels, marinas, holidays, other related services, and utilities. LynKey’s new NFT marketplace is the first of its kind to offer digitised timeshare real estate and tourism solutions, improving customer retention and satisfaction.

By building the first crypto ecosystem in the tourism and real estate industry, LynKey offers robust solutions to handle obstacles that are preventing the growth of the industry. The first milestone for LynKey is the creation of NFT products, such as hospitality products, tickets, shophouses, penthouses, villas, yacht services, etc., that meet the needs of partners and customers in this industry.

LynKey envisions tokenising the real estate and tourism industries globally, bringing together a community of property and property developers, buyers, and sellers striving to provide the best, most secure property solutions, resorts, and premium tourism experiences.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post LynKey Announces The Launch of Its Global Tourism And Property Marketplace: An NFT Revolution At ITs Brink appeared first on OpenBusinessCouncil Directory.

The Italian contemporary artist and blockchain pioneer, Andrea Bonaceto, is well-known for creating colourful portraits and landscapes. Building the context from his previous interview, Dinis Guarda and Andrea journey back to the previous year when NFT rose to record levels, gaining momentum and bringing contemporary artists to a new digital era.

Talking about this multifaceted dimension of his personality, Andrea explained to Dinis:- “To have a very high profile and very high-quality effort in something, you won’t be able to do 24 hours a day, you will then start hating that thing. You really need to move from that hyper-competitive dimension of yourself. I’m just being honest with myself. As an artist, that gives me freedom – the highest ideal for human beings. My curiosity, however, makes me explore things. This all comes together to give me many faces.” 

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

Technology: The modicum of creativity

Believing in art as a robust tool for bringing a technological revolution, both the creators, Dinis and Andrea, agreed on the point that technology can leverage an individual’s needs in society to be put at the centre of development. They consequently believe:- “For most of the jobs that the people are doing, AI and Robots will be able to do it better”. 

Taking this discussion forward, Dinis asked Andrea for his overview of challenges within society. He graciously replied:- “As a society, we need to understand that there are enough resources for everyone if we re-adjust a bit. I think that blockchain shows us that we all need not possibly give our data and let others profit from that. We can take control of the data we generate. So, the fact that I create value, I really hope we can resolve that part, and create incentive schemes”. 

Speaking of creating rewarding ecosystems, Andrea told Dinis that it would be a more sensical idea to create groups that have the same bigger idea. A community that is able to create influence and is active to do remarkable things deserves incentives. “We are still in the experimental phase, and such groups don’t exist still. But, generally speaking, it is important to strive toward a higher idea. It will still need a lot of trial and error. The rewarding community is a way to show a light that I’m on the right trajectory”, he said.

AB Infinite 1: Creating NFTs nested within another NFT

Andrea recently launched an exhibition of his latest artwork, AB Infinite 1, on London’s major commercial street Oxford Street. According to Dinis, this has a “metaversive” dimension to it. He appreciated Andrea:- “Your work is a bit of a metaverse because it has a huge component of interactivity, an immersive experience that is digital, and a collaborative experience”. 

Andrea told Dinis:- “AB Infinite 1 is a programmable and upgradable NFT. It means that the people who are using #abinfinite1 on social media networks actually will be able to author the piece. Your modifications get embedded in that in an abstract fashion. So, the AB Infinite 1 art changes base on the people interacting with the piece on social media networks. We’ve designed software for that”. 

The artwork represents an interactive snapshot of Andrea Bonaceto’s life in the eternal cycle that goes “ab infinite” (Latin for “from infinity”) to the origin, symbolised by the number “1”.  Andrea has curated the abstract work as AB Infinite 1 and the portraits as abstract landscapes at his installation in London.

Explaining how to participate, Andrea said:- “If you take on the portraits, you use #abinfinite1 on Twitter or Instagram, the software that we have designed takes that image and embeds the image into that piece. If you go and examine the piece, you’ll see that there are some sections that are abstract that I do, and then, there are some parts that are AI-generated. You can identify them because they are just different in colour and filling. However, they are in line with the colour and palette of the piece”. 

From a technological standpoint, Andrea further explained, this piece that is created is minted on a blockchain as an upgraded NFT using the latest NFT standard (Arch19). “There is a transaction on the blockchain, pretty much on a daily basis now for that piece, that actually upgrades the piece. And if you actually go and see the piece right now, you’ll see that it’s different from the original snapshots because some sections are different”, he said.

Dinis was interested to know how Andrea was planning to commercialise the concept. He graciously replied that the piece will go on a world tour – a major museum in Milan (Italy), China, Turkey, and Times Square (New York) before coming back to Oxford Circus London where it will be projected full size to be presented for an auction after that.

In concluding the interview, Andrea fondly said:-  “You need to make the effort to look into the future and try out the trends. Find the logical sense it makes for society. And then you need to look back from that point, and relish what you have accomplished”. 

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4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

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Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Andrea Bonaceto On Dinis Guarda YouTube Podcast: Unveiling AB Infinite 1 Worldwide, AI, Blockchain, And The Essence Of A Rewarding Community appeared first on OpenBusinessCouncil Directory.