Have you ever been caught saying a cool thing here or there that friends have told you should be written down, or memorialized in some way? Myself, I tend to write in long proses, more like poems, but within the poems are (I think) some interesting would be quotes. I'm not a public figure, I have like 50 friends left on Facebook– drove away most with my long proses. I've been told the remaining are there only because they find my posts a useful replacement for sleep medicine, but still, from time to time, I think we all come up with some gems.
With that in mind, I've been involved with a new project, which delves into the value aspect of NFT's. Who doesn't want to be valued for their creativity, and find a neat and quirky way to make a buck, right? Income streams are all the rage...
Enter Iconic Quotes app, specifically designed to mint your words of wisdom, or "Quotes" as NFT's. Now, if you know me, you know that I don't do anything halfway, resulting in the following: Iconic Quotes are minted on a Layer 1 blockchain, and you can apply a royalty (i.e. 10%, 20% etc.) NFT, with a single click, which, when you're not minting your own words, I think makes it a win/win to quote from the Creative Commons.
What's that you ask? Creative Commons is when something becomes so common in society, given the original author isn't around anymore, a work can be utilized by others for their own gain. For example, "Oh Romeo, Oh Romeo. Wherefore art thou Romeo?"-- that's a possible Creative Commons quote (and it's available to mint on Iconic Quotes last time I checked, it hasn't been claimed).
Think about that for a moment; famous Creative Commons quotes can be minted, but the catch is, it's on a first come first serve basis, because once a quote is minted, it locks out the ability of others to mint the same quote on Iconic Quotes. It's a quick and effective way to mint and collect high quality i99 tokens.
Now, if I assign a (modest) royalty, I suggest no more than 20% to promote the sales by the buyer. That attached royalty means that each time the my NFT is sold, I will receive a royalty for that amount of the sale. Since the quote is an interesting one, it has great potential to be transacted and increase in value, thus having the potential to become an estate asset.
THE GOOD: It's this easy:
1. type or dictate your joke (material) onto the text box of Iconic Quotes.
2. Preview your Quote.
3. Push the "Register My NFT" button.
4. Choose a royalty amount between 0 - 60%. and
Cost: A basic Iconic NFT (no royalty) is .99 cents, and Iconic royalty NFT's are $1.99. The added value of a royalty NFT is that if you sell your NFT, you make money, and each time anyone else sells your NFT you get the royalty you chose (*forever).
THE BAD: Iconic NFT's are Ethereum compatible, which is great, but to sell them on OpenSea or Rarible, you have to jump through a bunch of hoops, and pay some fees that are constantly changing.
THE AWESOME: I don't do things halfway, right, so here's the scoop, in the not too distant future, you'll be able to sell your NFT's in a new way, and it's going to be a game changer. That's all I can say for now.
OK, back to Creative Commons, you can check out the first one I made, it's a quote from Voltaire.
https://explorer.gochain.io/token/0x1beF1De2E7D8AEADf88B7DC66E6c4c1C6a57790A/asset/1633237602098
The metadata and image asset are both hosted on IPFS, meaning there is nothing within the control of any private party-- the entirety of the essence of the token is on decentralized peer-to-peer networks, thus, to last forevermore.
The Iconic 99s app makes it very easy to view and share both the token and transaction, they're both listed and a tap away as below:
So, I thought that I'll start minting some of my favorite quotes here and there.In the words of Eminem: "I have nothing to lose, but something to gain".
On a green note: Oasis Rose vs Ethereum, is 10,000 times greener, 1000 times cheaper, and 100 times faster. It's a no brainer.
P.S.
Eminem quotes are not Creative Commons (yet).
P.P.S. You're in the right place at the right time!
