A quick look at the NFTs, what they are and how they can be used.
The business of acquiring art is typically associated with the sale of unique, physical things whose source was confirmed by galleries, public auction houses and generally, a route of paper, to identify an original from a copy. In the physical world, you can simply go and buy a painting that you wish to hold. You pay the artist, as well as you become the proprietor of that piece.
An independent-providers’ Biosphere use case example, for illustrative purposes.
J is world renowned artist based on Oregon, USA. He specializes in canvas and skin. His main income streams are from IP sales, publication commissions, direct production commissions as well as in-person sessions (both for education and application). Typically, he operates with a one to two-year wait-list, meaning clients require 12 to 24 months advanced bookings.
THREE CRITICAL ELEMENTS TO ALLOW DISRUPTION — THREE
Once more, in order for TOF® Biosphere to disrupt previously functional niche platforms, three comparative fundamentals, i) user exposure, ii) choice of transaction and, iii) selection of monetization, do require optimization.
The once touted potential of crypto and digital currencies, such as Bitcoin, was a privately controlled, instant and directly exchangeable financial instrument which was outside of and untethered to old-world financial and/or controlling institutions. Centralized institutions by and large strongly rejected these currencies during the first wave of cryptocurrency popularization, to the point of demonizing the publics use. Cryptocurrency’s popularity and…
THREE CRITICAL ELEMENTS TO ALLOW DISRUPTION — TWO
Again, for TOF® Biosphere to disrupt previously functional yet ultimately far more costly independent-provider platforms, three comparative fundamentals require optimization — i) user exposure, ii) choice of transaction and, iii) selection of monetization.
The variety of items and ease of purchase on Amazon is second-to-none, as a centralized marketplace. Yet one consistent denominator across current platforms is participant adherence to hosting-specified transaction types. The same hyper-focus and specialist boxing as with Uber and Airbnb;
- Only certain content can be set within platform defined, required listing specifications which necessarily funnels and subsumes…
THREE CRITICAL ELEMENTS TO ALLOW DISRUPTION — ONE
Most independent-providers, being under a fixed time and output potential, typically operate with a physically-derived earning limitation. Even while retaining monopolistic control, this limitation is their own production capacity. Efficiency then indicates the ability to maximize achieved returns. To be getting ‘the most’ from said production-capacity.
Like sunk promotional costs, commissions to middle-men or advertisers or payments to similar organizations, transactional service providers justify their role and expense when independent-providers’ production efficiency could be lessened from a services’ absence. In light of enhanced global connectivity and varied digital advancements, these previously functional…
A quick look at how the TOF® Biosphere platform and digital services work.
With its own set terms and conditional valuations, each privately held RWSC® as minted represents a real-world contractual exchange agreement. Such set exchange agreements have thereby become tangible assets. TOF® Biosphere wallet protocols allow for participants’ accrued earnings obtained over time to be utilized for direct or secondary-market exchange and settlements. The way it works is extremely linear from a process-flow point of view. It is decidedly more complex when considering the breadth of :
This is a hybrid-blockchain platform.
TOF® uses protected methodologies to invert valuation of novel cryptographic assets during private DLT secured, varied contractual based, real-world exchange. Biosphere participants also have access to over 30 unique digital tools and solutions. With both Business-to-Business (B2B), and Direct-To-Consumer (DTC), active models already accommodated, Biosphere is a Blockchain, Software, Platform and Security as-a-service solution (B/S/P/SaaS).
Firstly, the Biosphere platform caters to independent-providers and correlated operations, by enhancing their capacities for:
- Direct Sales
- DLT Notary & Collaborations
- Service & Venue Ticketing and Bookings
- Intellectual Property and DLT Data Registration, Management and Sales
- Providers’ Full Client Lifecycle Management
Global independent-provider markets form a complex, fractured and dispersed ecosystem. TOF® caters for this whole by using a single platform, powered by bespoke encrypted micro-service architectures. This Biosphere platform harnesses bespoke DLT, AI and ML solutions.
The Biosphere platform solves the three main problems: i) difficulty in defining and controlling legally binding agreements i.e…
Typically, for most websites and centralized digital frameworks, once you login with the correct credentials you then have access to the sphere of hosted functions. This sphere is classified as the site’s ‘trusted perimeter’
Security models set their perimeters using say encryption, login protocols and firewalls. Somewhat like a gate around a physical property, inside that gate is the trusted perimeter
The trouble is once someone knows your login details or possibly controls your unlocked device, concurrently, they could access the ‘trusted perimeter’. They’re able to login. In other words, they use the obtained key to open the gate
When correctly used, blockchain and cryptocurrency offer the chance to instantly engage, without a middleman, on your own terms. Peer to peer. Or in other words, these technologies can set the ability for two people to write their own rules during types of trusted payment and exchange
Distributed ledger technologies (DLT), can fundamentally realize a methodology of decentralized, immutable data as well as transaction accounting, permitting reallocation’s of trust. As we hold, this reallocation is one where trust is moved from centralized institutions and associated fiat currencies into the hands of private participants because such implemented and anonymized ledgers (records…