ChainB

At ChainB we are building a Web 3.0 solution for enterprise to get them an early access to the disruptive innovations Blockchain brings along.

[ChainB @ChainbSocial]

There are now more NFTs on OpenSea than there were websites on the internet in 2010!!

[ChainB @ChainbSocial]

The first NFT projects to find mainstream success was @cryptopunks and @CryptoKitties, released in June 2017 and November 2017, respectively. Both projects leveraged Ethereum and pioneered the use of the ERC-721 token standard for NFTs.

[ChainB @ChainbSocial]

Source: Finder's survey of 28,723 adults was conducted in September 2021: https://t.co/du54IWL8Zj

[ChainB @ChainbSocial]

32% of adults in Philippines own an NFT, Thailand has 27% of it's adults owning one.

Guess the percentage in developed countries like USA?UK? Less than 3% !!

Clearly developing countries are leading the chart when it comes to web3 adaptation.

Why do you think that is? 🤔

[ChainB @ChainbSocial]

Coca~Cola made $575k through the auction of their 4 collectable NFTs.

While NFTs are a great way for brand to get PR and hype in media, looking forward it’s a great way for brand to monetise their brand identity and add a diverse income source!!

[ChainB @ChainbSocial]

“I think the technology and just this concept of proving digital ownership of something, it feels so inevitable, I think there's just a lot of hype right now. I think it's one of those things where we're going to get past that,"

@beeple on if the craze around NFT will die down.

[ChainB @ChainbSocial]

#nft #bayc #nftusecases #chainB

[ChainB @ChainbSocial]

NFTs are often blamed to be mere jpegs with no real-world value or use cases.

That’s not the truth, NFTs have multiple use cases that can solve multiple real world problems.

Time for a 🧵, listing few use cases!

[ChainB @ChainbSocial]

In essence, the technology creates digital scarcity while facilitating a raft of upsides.