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61  Bitcoin / Project Development / Re: Crafting the best use case for NFTs on: May 05, 2023, 03:45:03 PM
I'm pretty tired of seeing projects like this. At first they were very excited about the idea of being able to back up real world assets using NFTs, but the implementation was not what they expected and in the end it turned out to be a scam project.

To be honest, projects like this can't work because backing up an asset using NFTs still has a lot of loopholes and it's going to be very difficult to make such a system work, because there will definitely be a lot of problems. It's better if you don't go ahead with this project, because no one seems interested in it no matter how hard you try to market it.


Thank you for your feedback and concerns about our project using ABNFTs for real-world assets. We know there have been scams in the past, but we want to assure you that our project is not a scam. There is a need for a platform where users can display and own real world assets.

We want to develop a trusted platform where people can be sure that every NFT they trade has real value attached to it, We will achive this by tokenizing one asset at and time.

We also have consulted with legal and financial experts to make sure this is possible and that we're following the rules. We think NFTs can be a good way to show ownership of valuable things, and our platform could help a lot of people.

We appreciate your input and will take your concerns into consideration as we continue to develop our project. However, we remain committed to moving forward with our vision and believe that there is a strong demand for a platform like ours. Thank you for your time and consideration.
62  Bitcoin / Project Development / Re: Any ideas you can offer? on: May 04, 2023, 09:56:21 PM


ABNFTs are created by linking a real-world asset to a digital token. This means that they have an inherent value based on the underlying asset. For example, an ABNFT backed by a piece of art would have the value of the art itself. These NFTs are not just facades but represent real-world assets with tangible value.


That is also not quiete new and I don’t really see a difference to simply just buy the real world item that is connected to the ABNFT. Because the ABNFT will just make it more complicated to obtain the real item and will bring basically no value to the buyer. Honestly I think all NFTs are a scam however and I say that as a person that always has to defend Bitcoin from such accusations.

Converting a real-world asset into an ABNFT makes it easily tradable right away, even though tokenizing it is challenging. The aim is to access the vast amount of value that is currently tied up in unbankable assets, which are worth trillions of dollars. Despite the energy and effort required to create ABNFTs, it makes sense to turn these valuable but unbankable assets into ABNFTs.

https://capitalmarketsblog.accenture.com/a-78-trillion-growth-opportunity-for-wealth-managers
63  Bitcoin / Project Development / Re: Any ideas you can offer? on: May 03, 2023, 09:11:03 AM
I wonder what happened to all the thousands of world changing and groundbreaking ICO projects launched years ago promising to reach the moons?

I can't help it, but NFT's behave the same way as ICO's, there is no actual value but only a facade making them look interesting.

Maybe I'm wrong, but I wouldn't spend my money on something which can be reproduced by anyone, and I wouldn't wanna pay for something that someone generated and could keep generating more.

Though if you could convince me with reason, as to why we need to pay any amount of money for pictures of monkeys? 🤣


We understand your skepticism towards the current wave of NFTs, we would like to point out that not all NFTs are the same. Our platform, have.exchange, offers a unique type of NFTs called Asset-Backed NFTs or ABNFTs, which are different from regular NFTs.

ABNFTs are created by linking a real-world asset to a digital token. This means that they have an inherent value based on the underlying asset. For example, an ABNFT backed by a piece of art would have the value of the art itself. These NFTs are not just facades but represent real-world assets with tangible value.

Furthermore, the process of creating ABNFTs involves rigorous legal proceedings and ownership verifications. This ensures that only legitimate assets can be tokenized and that the ownership of the underlying asset is clearly established.

We believe that ABNFTs offer a new and innovative way to generate value. By tokenizing assets and creating a secondary market for them, we are opening up new investment opportunities and creating liquidity for traditionally illiquid assets. This has the potential to democratize access to certain asset classes and unlock value that was previously untapped.

So while we may not be able to convince you to pay for pictures of monkeys, we hope that we have been able to shed some light on the potential of ABNFTs as a new and valuable asset class.
64  Bitcoin / Project Development / Re: Any ideas you can offer? on: May 03, 2023, 09:00:15 AM
Since this exchange is just starting, and I also looked at its platform, I was just curious and I also wanted to ask if it was placed on the platform that your dex is backed by NFT, right? It's not mentioned what NFT is backed by your DEX?

       Then you should also show your roadmap somehow, because this is where you can immediately see what the destination plan of this project will be in my opinion, it's just that it's not indicated, so this part you missed a bit in my opinion. Please revise it first because I think there is still a lot to polish.

Thank you for reaching out to us and for your interest in our asset-backed NFT DEX. Yes, you are correct that our DEX (HAVE Token) is backed by a diversified portfolio of high-quality assets, which will be tokenized and listed on Have.Exchange. This means that the token’s value will be tied to the underlying asset portfolio, providing a more stable and secure investment option.

We appreciate your feedback regarding the need for a more clear indication of the NFTs backing our DEX. We will take note of this and ensure that this information is included in our platform.

Regarding our roadmap, we do have a detailed roadmap available on our website. You can check it out here: https://have.exchange/roadmaps/. We have ambitious plans for the future of our project and we are working tirelessly to bring our vision to life.

Thank you again for your feedback and please feel free to reach out to us with any further questions or comments.
65  Bitcoin / Project Development / Crafting the best use case for NFTs on: May 02, 2023, 10:08:00 PM
What do you think are some potential improvements we could make to our project?

WORLDS FIRST ASSET-BACKED NFT DEX

Website: Beta V1.0
https://have.exchange

Lightpaper: Download V1.0
https://shorturl.at/vwNP3

Introduction:

Have.Exchange is a revolutionary new decentralized exchange that is set to transform the way we trade and own assets. By leveraging the power of blockchain technology and non-fungible tokens (NFTs), Have.Exchange is able to offer true ownership of assets to its users like never before.

Unlike traditional exchanges, where ownership can be obscured by complex legal agreements and intermediaries, Have.Exchange's Asset Backed NFT DEX offers a fully transparent and secure trading experience. Each NFT listed on the platform is backed by a real world asset, providing users with a clear and verifiable proof of ownership.

Problem:

1. Lack of underlying value: Traditional NFTs can often lack an underlying value, meaning that they are only valuable because people are willing to pay for them. This is problematic because the value of the NFT is solely based on demand, rather than any intrinsic worth. This can lead to inflated prices and a bubble-like market that is susceptible to crashes.

2. Uncertainty about ownership: Another problem with traditional NFTs is uncertainty around ownership. While an NFT may prove that you own a digital asset, it doesn't necessarily mean that you have the right to use that asset. Copyright laws still apply, and NFTs do not grant any additional usage rights. This can lead to legal disputes and confusion around what you are actually buying when you purchase an NFT.

3. Potential for fraud: Finally, traditional NFTs are susceptible to fraud. Due to the complex nature of blockchain technology, it can be challenging to determine whether an NFT is genuine or not. This creates opportunities for scammers to create fake NFTs or misrepresent the ownership of a digital asset. This can lead to buyers unknowingly purchasing counterfeit NFTs, losing their money in the process.

Solution:

Have.Exchange has developed a decentralized exchange (DEX) for asset-backed non-fungible tokens (NFTs), which addresses issues related to the value of NFTs. This platform connects each NFT with an actual physical or digital asset, like intellectual property or real estate, ensuring that there is a clear and verifiable underlying value for each NFT.

The platform also tackles the issue of fakes by implementing rigorous authentication protocols that verify the authenticity and ownership of each asset. The decentralized nature of the exchange ensures that transactions are secure, and the use of smart contracts automates the verification process, making it quicker and more efficient.

By offering asset-backed NFTs on a decentralized exchange, Have.Exchange has created a solution that provides both value and security to investors and collectors alike. This platform represents a new era in NFTs, where ownership and value are guaranteed and authenticated, allowing investors to confidently participate in the NFT market.

Objectives and Goals:

-To offer a broad range of asset-backed NFTs: We aim to bring diverse asset classes such as real estate, art, commodities, and more to our platform to provide our users with a wide range of investment opportunities.
-To ensure liquidity and efficiency: We strive to provide a platform that is efficient and easy to use for both buyers and sellers, enabling them to transact with low fees and high speed. Additionally, we aim to ensure there is always sufficient liquidity on the platform to enable smooth transactions.
-To prioritize security: We prioritize the security of our platform and the funds of our users. We implement best-in-class security measures and procedures to protect the platform from hacks and ensure that our users’ funds are safe and secure.
-To create a thriving community: We aim to foster a thriving and engaged community of users, developers, and asset providers who can collaborate and support each other in achieving their investment goals.

Roadmap with Timeline:

Q1 2023: Conceptualization and Research
Q2 2023: Initial Funding
Q3 2023: Develop and Launch MVP
Q4 2023: Grow User Base and Asset Pool
Q1 2024: Scale and Expand
Q2 2024 and beyond: Continuous Improvement and Expansion

Here's how you can get involved:

-Help spread the word about Have.Exchange. Tell your friends, family, and colleagues about our project and how it's going to change the way we invest in real-world assets.
-Invest in our project. We're currently raising funds to build our platform, and we'd love your support. We're offering early investors exclusive perks and benefits, so don't miss out!
-Contribute your skills and expertise. We're looking for developers, designers, marketers, and community managers to help us build and grow our platform. If you have experience in any of these areas, we'd love to hear from you.
-Provide feedback and suggestions. We want to hear from our community about what they want to see in our platform. If you have ideas or suggestions, we're all ears!

Prepared By
Ashish Singh Chahar
https://www.linkedin.com/in/ashish-singh-chahar/
https://twitter.com/chaharashish

Contact Us
contact@have.exchange

Follow Us
twitter.com/have_exchange
66  Alternate cryptocurrencies / Announcements (Altcoins) / .. on: April 25, 2023, 07:44:50 PM
...
67  Other / Off-topic / Bitcointalk.org Needs a Dedicated NFT Section on: February 25, 2023, 05:40:28 AM
With the recent surge in popularity of non-fungible tokens (NFTs), there has been an increasing need for a dedicated section on bitcointalk.org forum for NFT discussions.

While there are existing threads discussing NFTs in the Altcoin Discussion section, it can be challenging for users to find relevant information and engage in meaningful discussions, particularly for new users who may not be familiar with the forum's layout and search functions. Therefore, having a separate NFT section would provide a more focused platform for users to share and exchange information about NFTs. Furthermore, a separate section for NFTs could potentially attract more users who are specifically interested in this area of cryptocurrency, leading to a more engaged and vibrant NFT community within the forum.

68  Alternate cryptocurrencies / Altcoin Discussion / Re: Attaching copyright to NFT on: October 11, 2022, 06:31:00 PM
Lets say creator identity and authenticity is confirmed, also the willingness to transfer ownership of the said work..
Question still remains is what would be a legally complaint way to do that ?
69  Alternate cryptocurrencies / Altcoin Discussion / Re: Attaching copyright to NFT on: October 10, 2022, 02:39:07 PM
The only solution it seems right now is a separate transfer of ownership agreement by the seller, Which also is limited to the country the agreement was signed.
Yes I am working on such project, any input or willingness to join will be greatly appreciated.
70  Alternate cryptocurrencies / Altcoin Discussion / Attaching copyright to NFT on: October 10, 2022, 02:54:06 AM
Since NFT only represent the metadata associated with the work and not the work itself. How can copyright be attached to an NFT to allow for the transfer of ownership of the work itself?
Is there a technical solution available right now?

71  Economy / Service Announcements / decetralized marketplace on: October 06, 2020, 07:41:51 PM
thank you for your remarks
72  Economy / Services / Why blockchain based marketplaces not popping up in every industry on: May 23, 2020, 02:01:09 PM
Marketplaces are a great way of buying or hiring stuff and centralized marketplaces are currently present and dominant in all industries.

Bigger markets such as online shopping, cab hiring or home rentals do have Dapps but what about other industries?
Is it because we are still in beginners phase in blockchain technology or because it is not required to have a separate marketplace for each individual industry    Huh  Huh Huh
73  Economy / Service Discussion / Blockchain powered marketpace on: April 17, 2020, 02:43:15 PM
A blockchain marketplace in a ****** industry with products/services of very high prices possible?

Online shopping or renting a cab through a marketplace issued token seems reasonable, But what about products or services that cost upwards of thousands of dollars.

Does it make sense to create a new blockchain powered marketplace for such an industry, Since a lot of currently running centralized marketplaces are profitable but cost customers a lot of money. Commissions of such marketplaces can range from 5 to 20 percent.

So in a sale of lets say 5000 Dollars the marketplace makes 500 - 2000 Dollars which seems very unreasonable.
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