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Evergreen newsletter 9
🤔 What Are Dynamic NFTs?
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Howdy, fellow DailyCoiners,Today, we’re going to get into the woods with NFTs.
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Let’s look outside the usual and talk about actual use cases rather than just fancy pictures.
🦎 Chameleon-like Crypto
📦 NFTs on Delivery
⚗️ Curiously Valuable Oddities
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🦎 Dynamic NFTs: The Shape-shifters of the Digital Art World
Picture this: an NFT, as unique and distinct as a Picasso painting, capable of altering its form, just like a chameleon changing its colors to adapt to its environment.
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In the expansive universe of non-fungible tokens (NFTs), there exists an extraordinary sub-category known as dynamic NFTs.
These represent an exciting evolution from the realm of static NFTs, which retain their characteristics as unchangeably as a marble sculpture, into a world where digital assets can transform and adapt, courtesy of cleverly coded conditions. đź§
Much like a role-playing game character that acquires new skills or a digital Monet that adjusts its hues based on real-time weather updates, these dynamic NFTs can alter their metadata - their DNA, so to speak - while retaining their unique token IDs.
This revolutionary technology can create NFTs that keep up with real-world changes.
Imagine a digital identity card that updates your marital status automatically or virtual real estate tokens that mirror the ebbs and flows of property values. đź“Š
As dynamic NFTs usher in a new paradigm of adaptability and responsiveness, isn't it time for your digital assets to learn the art of resilience and adaptability in an ever-changing digital landscape?
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🗺️ Blockchain Logistics: A Trackable Journey with NFTs
The world of logistics is a complex tangle of products whizzing through a maze of warehouses, trucks, and planes.
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Wouldn't it be nice to have a crystal ball that could reveal the exact journey of your Italian-made designer shoes, from creation to your closet?
Enter NFTs, the blockchain-based digital certificates that may just be the magic wand the logistics industry needs.
Picture this: your designer shoes are not just an emblem of luxury, but they also carry their unique NFT, a digital passport filled with metadata. 🛂
Each scan of the NFT adds more details to its logbook.
When they reach your favorite boutique, a final scan confirms their reception, and voila!
To have this globe-spanning NFT scanner system, all players in the supply chain must dance to the same tune. 🎶
With countless stakeholders, implementation is akin to synchronizing a global orchestra, a feat being attempted by heavyweights like MAERSK's TradeLens and IBM's Food Trust.
The journey is complex, but with blockchain technology and NFTs, the global supply chains may reach new heights.
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⚗️ The Bizarre Bazaar: The Oddest NFTs Ever Sold
As NFT technology opens up a digital frontier for creative expression, it has also served as the stage for a wild variety of peculiar creations.The secret's out: even the zaniest ideas can fetch a pretty penny in the NFT market.
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Enter an NFT of floral-designed toilet paper brought to you by Cincinnati’s Procter & Gamble.
This absurd marketing ploy made Charmin one of the first toiletry brands to break into the NFT market, garnering widespread attention and a tidy profit.
We also have 'Cyber Eau de Parfum,' an NFT fragrance in the realm of intangible items.
German beauty design company Look Lab debuted the world’s first digital scent, NFT in April 2021.
Canadian artist Sean Caruso used near-infrared spectroscopy (NIRS) to extract spectrum data from the perfume. The data was encoded into ten unique NFTs, providing a novel way to capture and immortalize a fragrance.
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Breaking away from the traditional wedding ceremony, a couple from San Francisco embraced the future and married on the blockchain.
Instead of exchanging physical rings, Peter and Rebecca symbolized their marital vows with a specially created Ethereum token, "Tabaat" — the Jewish term for "ring."
This digital token served as a unique and immutable testament to their commitment, illustrating an unusual but undoubtedly innovative use of NFT technology.
Lastly, in a category all its own is the 'Fart Symphony.'
Yes, you read that right. Brooklyn-based film director Alex RamĂrez-Mallis took the concept of personal branding to a new level.
He recorded his flatulence, minted it as an NFT, and put it up for auction at $85.
Despite its unorthodox nature, or perhaps because of it, this strange creation found a buyer.
This final example illustrates the boundless potential (and humor) in the NFT market, where it seems anything can be valuable if someone is willing to pay for it.
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DailyCoin Daily Meme
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I hope you’ve enjoyed refreshing your memory on some blockchain basics.
I’ll see you back here tomorrow. Same time, same place.