© Reuters. Shark Boy Fight Club: a unique take on the NFTs and the metaverse
To be non-expendable is to be irreplaceable.
Non-fungible tokens (NFTs) are proprietary digital certificates that can be bought and sold; ownership can be transferred from one entity on the blockchain to another.
These NFTs are trending because consumers and producers seek new ways to exchange and maintain transparency of ownership of the items they value.
To understand the value of NFT projects, Benzinga spoke with Chris Ho of Los Angeles-based digital game art initiative Shark Boy Fight Club (SBFC).
Background Ho’s background is not what you might expect. The Hong Kong native came to the U.S. for a computer science education in the early 2000s.
Given his passion for fashion and film, Ho changed his specialty.
“I ended up graduating in film and animation,” he says. “Right after, I was offered a couple of television jobs, and after that, I ended up in fashion for a decade.”
His experiences, combined with an innate entrepreneurial drive, led Ho to found a creative and web development agency working with brands like Juicy Couture.
Image: Chris Ho (right) leaning against a supercar.
Early start Ho first heard about cryptocurrencies in 2009 from a financial advisor.
“My stock broker came to me and said it was like $ 1, what do you think?”
Although Ho ignored investing, he later immersed himself in the sector, learning about blockchain technology, decentralized finance (DeFi), mining, and staking.
Also, when his work and family took him to Los Angeles, a center for creativity, Ho immersed himself in fashion and art.
With the emerging popularity of NFTs, the entrepreneur thought he would make his bid for creative expression within the space with the launch of Shark Boy Fight Club (SBFC).
SBFC is a collection of 8888 unique digital collectibles, shark avatars, which are based on the blockchain of (CRYPTO:ETH).
Buyers of these tokens can trade, train, and compete with their avatars in SBFC’s FighterVerse, an environment similar to the 3-D virtual reality of the metaverse.
Additionally, SFBF’s NFTs provide owners with membership to exclusive parties hosted by the company and merchandise.
Image: SBFC avatars.
Why NFTs, in their most basic use cases, are popular because of their authenticity, as Ho explains.
“Due to the smart contract concept, everything is transparent,” as reported to Benzinga.
Additionally, secondary market royalties allow artists to earn a share of future sales.
“It helps the movements because people own that intellectual property.”
Forecast The community, above all else, is what matters to the SBFC team.
The addition of FighterVerse, along with celebrity endorsements, should make the effort more appealing. Ultimately, according to Ho, the intention is to engage and excite people with digital assets and their potential.
“We want to build a community to which people contribute,” he said, referring to the conversations he had with the project’s followers on social networks and platforms such as Discord.
“I can see us convening #SharkTalks where people advise and exchange business ideas,” he also noted.
Check out SBFC on Twitter, Instagram, and Discord.
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Shark Boy Fight Club: a unique version of the NFTs and the metaverse By Benzinga Spain