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What is Showtime NFT?

Are you one of those big NFT fans who were curious to know about the famous Showtime NFT? Given the incredible amount of hype that has grown around NFTs over the last few years, it’s no wonder why there’s an incredibly high level of interest in another hugely popular Showtime NFT.

Whether you are a beginner and not very familiar with the crypto universe, or you already have some knowledge about it, it is always interesting to know which NFTs are worth investing in as a potential investor.

As the name suggests, “Showtime Art” somehow covers the high-quality NFT crypto art that boasts of outstanding unique visuals. But what does Showtime NFT mean? Is it a token itself or does it contain many other exciting NFTs?

Let’s find out, starting with the basic definition, shall we?

Showtime NFT explained

Showtime NFT is a social media network for digital artists, creators and collectors to use to showcase their high quality digital art. It went live in March 2021. According to the team behind Showtime, the platform will be fully owned and managed by its loyal users. In addition, it will be free of Web2 advertising.

Some people refer to it as Showtime NFT Marketplace listing all marketplaces. So instead of buying and selling NFTs there, you can like and comment on them as you please.

The main goal behind the Showtime NFT marketplace, or platform as many call it, is to enable users to do all the things that Instagram does. You can watch Showtime NFT as a digital museum gallery for NFT lovers!

Features of Showtime NFT

Currently, the features supported by this platform include both author and NFT ratings by popularity, comments, shares, links, and NFT favorites. In April 2021, the team launched a newsfeed on the Showtime platform, allowing users to:

  • Browse digital art
  • After new collectors and creators
  • publications like
  • comment on publications
  • share publications

As the platform has become very popular among NFT supporters in a short period of time, it has already been joined by a significant number of NFT artists, including:

  • package
  • Mr. Misang
  • aeforia
  • Josh Pierce
  • Fvckrender

Funding the Showtime platform

In terms of funding, the Showtime platform raised $7.6 million as of May 2021. This was made possible by the involvement of crypto investment firm Paradigm and DJ 3LAU, known worldwide as part of artist duo SSX3LAU.

Among a significant number of prominent figures in the industry and their seed investors, here are some of the most prominent names:

  • Chief Strategy Officer at CoinShares
  • Meltem Demiroren
  • Minal Hasan, Founder of K2 Global
  • Cooper Turley from DeFi Rate

Who is the founder of Showtime?

Alex Masmej
Source: cryptoassets.institute

Co-founder and CEO of Showtime NFT is Alex Masmej, who entered the crypto world of art back in 2017. His first invention was what he called the “Alex Token” which he developed to fund and use his life while in San Francisco looking for a co-founder for his big NFT idea.

While in Paris and known only for his Alex token, he decided to crowdfund $40,000. What he had in mind was an NFT artwork, so the idea for the Showtime NFT Marketplace and Crypto Art NFT was born. In his eyes it was like this – you buy something and then invest in someone with the Aley token and the crypto coin.

What inspired Alex to create Showcase NFT?

According to Alex, NFTs are revolutionizing social media. So when he came up with his idea for Showtime NFT, he had in mind a whole new way to create and display social media content online, not only as a financial asset but also as valuable art.

He chose digital art for his startup because he sees it as “the most economically viable option right now, as art can be expensive in the art world.” The majority of people around the world do not buy art on a daily basis.

He also explained that NFTs are easiest to buy online and he describes them as a kind of alternative to, for example, eBay or Shopify. However, according to him, non-fungible tokens are even more manageable as they can be 100 percent margin if someone so desires.

Showtime NFT Marketplace by Alex

Showtime NFT Marketplace by Alex
Source: twitter.com

What also inspired Alex to create Showtime was that he thought the market for NFTs was pretty big. For example, the empty space for startups is huge. As a “French outsider who thought social media was his only way to get into tech,” he created Showtime’s dedicated marketplace.

He was experienced enough in social media and knew how to build these products. So, as a social media fanatic and NFT digital art admirer, it’s no wonder where the famous social media platform for NFT that everyone in the community knows as “Showtime” came from!

His startup became so successful, and while Alex didn’t develop a clear vision for them on the next steps, he said it would likely be anything “from digital art to all kinds of content.”

Understand Showtime NFT better

Practically, according to Alex, Showtime is the platform that most closely resembles Instagram, with only NFT decentralized. So basically everything else, including comments and likes, is centralized. Your goal is to move and build products faster to see if people care about them at all.

What the creators of Showcase contemplate is that as blockchain scales, they would chain all of these interactions together. This means that a person’s online social identity that they hold online with their crypto wallet can also be used in any other frontend that reads this social graph infrastructure.

They aim to be the open social graph that allows any developer on the planet to build a new platform on top of it. Showtime started when they launched an NFT platform with tens to thousands of accounts, which felt great to them as nowadays the composability of cryptos can be used to create a social graph from scratch. There are a number of hidden gems in blockchain technology data that have yet to be exploited.

According to Alex, his vision is that developers can serve you on the platform. So, whatever you choose, you have to pay a fee or something for the UX, for example.

Why crypto art?

Once again, from the non-fungible token universe to the crypto-native perspective to Alex, crypto art is the most popular and decentralized. It appears that crypto art is “the most consumer-grade use case.” Additionally, Alex describes digital art as unique visual content.

The idea for Showtime was to be able to expand from digital art to any photos, videos and memes, just like Instagram started out liking your friends’ food, until now the influencer platform.

They think they can bridge the gap from the creator, the digital artist stranded, to a much larger market afterward. Hence, they hope that the cryptocurrency infrastructure will be scaled to make these things possible.

Digital art is currently the only economically sensible thing anyone can do with it. So the developers are aiming for Showtime NFT to be a bridge to something completely different, since it’s the exact same visual content format. Therefore, the UX they create can be reused for numerous other use cases.

What NFT artworks can you find on Showtime?

As it is an NFT crypto art platform which is most visually similar to Instagram, you will be presented with many exciting visuals in the form of NFTs.

Some of the most well-known and newest NFTs that you can find among numerous others on Showtime’s NFT platform are:

Sain Muscle by yas_habibzadeh
Source: showtime.xyz
  • “Sain Muscle” by yas_habibzadeh, inspired by the anatomy of the human body.
  • “Möbius” NFT in video form by Polish-born concept designer Matt Tkacz
  • “Music of Universe” by Silky Way Art with violin combined with full moon, stars etc.
  • “Saint String” by Rakis represents the earliest known record of the Andromeda culture.
  • “Euphoria” by Seray has three words in its description: “healthy, happy, hopeful”.
  • Git’s Arrows are red uses vibrant colors and funky characters.
  • “Heartshaped Lips” by BaharAkkoyun stands for red lips in the shape of a heart.
  • “Dayak Musicians -2” by PBI. It depicts a musician from Borneo, Indonesia, playing an instrument in front of his children.
  • “Gnocchi boy” by Mikegrillmadeit says: “Everything that lives and moves will be food for you….”
  • “Barred Fallboard Etude Op. 3 Nein.” by Max Nova includes a video of the piano and composition with the hashtag #analogescarcity.

To see more NFT artworks available on the Showtime platform, you must log in with your email address or with your wallet. These NFT examples are just a few of the many you’ll encounter at Showtime’s famous NFT marketplace!

Conclusion

Although there is still a lack of regulation for the NFT market and cryptocurrencies in general, it is no wonder that NFT will continue to thrive in terms of sales and investments. New oils appear from talented creators, the price of which will only increase every day.

It is up to you to be intelligent and intuitive with the NFT and the virtual world in general and to think carefully before investing in any particular non-fungible token. What is certain is that Showtime’s NFT platform is user-friendly and very useful for anyone who is a fan of good visual arts.

We’re sure you’ll find plenty of exciting examples worth investing in!

  • support

  • platform

  • Spread

  • trading instrument

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https://www.financebrokerage.com/what-is-showtime-nft/ What is Showtime NFT?

Callan Tansill

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