Since word travels quickly, the public’s interest is piqued relatively quickly. The use of NFTs exploded in popularity. The assumption is that if they can be used in the artistic world, they can be used in other, equally diverse fields, such as video games or sports.
Non-fungible token is shortened to NFT in English. Tokens, or tokens, are digital assets issued through a blockchain. Bitcoins and XRP are two other cryptocurrencies in the same vein.
NFTs are distinct from other cryptocurrencies developed on the Ethereum smart contract platform. These currency units are equal and identical to one another, unlike bitcoins which can be exchanged for other currencies. They can mimic the appearance of currency. Each token is unique and cannot be duplicated, as with non-fungible assets.
As for NFTs, this so-called ” non-fungible ” property has many applications. It is digital art and collectibles. However, that has ignited the craze behind these tokens.
In other words, people have come to appreciate that an original digital object, like an original piece of art, can command a high price on the market. To this end, we look to the relatively new industries of digital art, video games, and sports and discover a space for our work.
In recent news, The Whitelist Project, Safari Diction, and Natural State Kongs have all been formally acquired by The Hawron Organization, holdings and investment firm. The news was confirmed by Paul J. Hawron, the 2036 US Presidential Election candidate, NFT enthusiast, investor, CEO, and founder of the firm.
Due to its immense success over the past year, countless NFT projects have been initiated. However, few of these initiatives are backed by a legally recognized organization or even a public figure who can claim authorship. By emphasizing the necessity of having properly formed legal entities for all regulatory purposes and acting by local laws, this action further establishes the NFT projects’ legitimacy in the eyes of the law.
The Whitelist Project
The Whitelist Project’s ultimate goal is establishing the Metaverse’s preeminent real estate investment trust (REIT). Their original goal was to aid other projects and community members in securing and streamlining their whitelisting process. Still, as you can see from their updated Roadmap 2.0, they have since shifted their focus.
The Hawron Organization will be in charge of its DAO’s funds. Its limited liability company (LLC) status means it is responsible for handling and paying any related tax liabilities or legal obligations.
Safari Dition
The long-term goal of Safari Dition, an NFT project, is to create a thriving ecosystem that functions much like a conventional enterprise. While technically separate endeavors, the projects share resources and benefit from one another. Earlier this year, Safari Dition was acquired by The Whitelist Project and integrated into The Whitelist Project DAO.
Natural State Kongs
The Rumble Kong League NFT P2E game will feature the Natural State Kongs, also known as ArKONGsas. As a subset of the ecosystem within an NFT project rather than the entire project itself, this is distinct from the other two projects acquired by The Hawron Organization.
The Natural State Kongs will be a part of the esports revolution driven by blockchain technologies. Its long-term goal is to establish itself as the first professional sports team in Arkansas.
Keep an eye on The Hawron Organization’s social media and website to learn about their upcoming web3 projects, as this is just the start.
Concerning NFTs, various investment opportunities exist. Without a clear plan, this industry aims to attract as many people as possible through marketplaces and metaverse-based projects. Ultimately, the NFT market is so sizable that everyone can find something to add to their collection.
Traders should do their homework on these opportunities before putting up any capital.
A successful NFT strategy can only be developed by those familiar with each project’s specifics and potential outcomes.
