PokedStudio recently auctioned a range of digital robots on an NFT marketplace, as well as the highest selling 3,000 ICP. At the same time, the company responsible for ICP continues these attempts to reduce and even eliminate gas costs from the minting crypto.
The robots are here
UK-based graphic design company PokedStudio recently created a range of 10,000 unique digital bots such as Animal Bot, Battle Bot, Industrial Bot, Food Bot, Game Bot, Wild Bot, Dead Bot and Ultimate Master Bot , which all launched on November 9. PokedStudio creates illustrations, featuring characters and fantastic worlds.
These robots were created as NFTs which do not use the wasted energy consumption of proof-of-work. They launched on Entrepôt, a marketplace for NFTs. Warehouse.app is the first NFT marketplace on the Internet Computer blockchain. You have to connect your ICP wallet, called Stoic, to buy digital works of art through Entrepot.app. To buy an NFT, just press the buy button and follow the instructions. Purchases are conditional on possession of a funded portfolio.
The bots sold for prices ranging from 300 ICP to 3000 ICP (about $ 172,140); the price of the most expensive robot sold on November 10. They are already sold out at the time of writing. NFT robots are part of Pokedstudio’s first foray into the Metaverse.
What is the Internet Computer blockchain?
Dfinity, founded in 2016 by Dominic Williams, is responsible for the creation of Internet Computer. The Internet Computer is a digital token that runs on the Internet Computer Protocol (ICP), which allows anyone to create software or publish content to the Internet using methods similar to smart contracts. Dfinity’s goal was to reinvent the Internet as a demonopolized entity hosting secure software. In fact, NFTs can be cashed on the Internet Computer blockchain. The first NFT created on the internet computing blockchain was the Insane Clown Posse.
No gas costs on ICB for the minting NFTs?
According to the blog Dfinity Medium, at the recent NFT.NYC conference in New York City, Dfinity worked with Toniq Labs to drop 10,000 NFT Motoko to conference delegates using Stoic wallets on the ICP blockchain. It was a demonstration that no gas fees are required to cash in or buy NFTs while hosting them on a decentralized public blockchain, whereas usually producing NFTs can cost a lot of gas. For example, on the Ethereum network, the minting of an NFT is considered a transaction and therefore incurs a cost. Gas charges are determined by the traffic on the network and the computing power taken to complete a transaction.
Dfinity is making rapid progress towards achieving its long-term goal. As we can see, the company combines unique production with an efficient network that eliminates the shortcomings of these competitors more experienced. Time will tell if the prospects of the network will be realized. However, we suggest that you stay with Cointribune so as not to miss the news on this matter!
Jean-Louis Lefevre
I am convinced that cryptocurrencies are opening up extraordinary new perspectives for us that I do not want to miss under any circumstances! I try to continuously enrich my skills in this area and share with you everything I learn with my followers and my hours spent exploring this universe.
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