NFT

What is NFT?

An acronym for non-fungible token, NFT doesn’t refer to any particular digital or physical medium. Instead, NFTs have to do with how the ownership of a given unique (i.e. non-fungible) asset is certified through something called a smart contract. Via a process called mining, smart contracts record NFT transactions on the blockchain, a digital ledger powering the exchange of cryptocurrencies like Bitcoin and Ether. The terms of smart contracts (which keep track of all of the terms associated with an NFT) aren’t one size fits all, either. The creator of an NFT can dictate not only its selling price, but any additional terms such as royalties or a commission whenever it’s resold. In that way, the designer who creates an NFT can potentially realize a sustainable source of income over time.

Because NFTs record buyers in an unalterable transaction record, assets that could otherwise be infinitely duplicated now come with a recognizable title of ownership. As a result, digital artists and designers can capture value for their work in a way that wasn’t possible before the blockchain.

The world around us is changing, and all of this has been accelerated with the popularity of NFTs. Companies are creating digital assets with significant values since they are scarce, just as regular assets in life. Platforms like Somnium Space and Decentraland have already started selling virtual parcels of land that people can own and build upon, resulting in a surge in the digital real estate field.

It cannot be denied that architects contribute significantly to the fulfillment of imaginative projects in the metaverse. People require places in the metaverse; hence architects and designers are needed to create or enhance these spaces. Thanks to the shift in the goal of architecture, a possibility is that we will see a distinction between the title of an architect and a meta architect over the years. While traditional architecture plays a critical role in providing shelter and facilitating our day-to-day activities, meta architects will be working purely on the form, geometry, and visuals. In metaverse, architects need to do the 3dmodeling and integrate professional knowledge in multiple fields, including user interface, content design, character design, and even game design.

Taking all the points into consideration, how we imagine our future home, metaverse, depends mostly on how well the spaces are designed. Therefore, It looks like architects are going to be at the forefront of the metaverse by providing highly desirable space qualities for millions of users.

HAVE.architects plans to actively participate in all new opportunities of crypto by using its account in the largest sales platform – Opensea.

What is metaverse?

Metaverse is an online virtual world that incorporates augmented reality, virtual reality, 3D holographic avatars, video, and other forms of communication. Users in the metaverse “live” in a digital realm, engaging with one another using avatars and virtual reality technologies. This technology enables people to live parallel lives by adopting unique digitalized avatars.

It cannot be denied that architects contribute significantly to the fulfillment of imaginative projects in the metaverse. People require places in the metaverse; hence architects and designers are needed to create or enhance these spaces. Thanks to the shift in the goal of architecture, a possibility is that we will see a distinction between the title of an architect and a meta architect over the years. While traditional architecture plays a critical role in providing shelter and facilitating our day-to-day activities, meta architects will be working purely on the form, geometry, and visuals. In metaverse, architects need to do the 3dmodeling and integrate professional knowledge in multiple fields, including user interface, content design, character design, and even game design.

Taking all the points into consideration, how we imagine our future home, metaverse, depends mostly on how well the spaces are designed. Therefore, It looks like architects are going to be at the forefront of the metaverse by providing highly desirable space qualities for millions of users.

HAVE.architects plans to actively participate in all new opportunities of crypto by using its account in the largest sales platform – Opensea.