A One-Of-A-Kind Opportunity for Content Creators to Monetize Their Work
The Artchive coin powers Artchive, a Solana Blockchain-based ecosystem, which is essentially an NFT-powered fine art and photography-based platform designed on the Solana blockchain.
Through collaborations with established and influential artists and partners, the Artchive ecosystem provides a secured/user-friendly NFT marketplace on a scalable blockchain with a paired native token (ARTC).
The Artchive NFT provides creators with a level of flexibility that is sometimes lacking in traditional methods of collecting value from the sale of artworks, music, videos, and other types of content.
NFTs can also be used to prove ownership of real items such as limited-edition handbags. They can also provide a trail of ownership or "provenance" as it is known in the art world.
Future income from secondary sale transactions can be programmatically routed to the original author or "minter" of that NFT, which is a very powerful feature of NFTs.
Unlike the majority of the NFT activity that occurs on the Ethereum blockchain, the Artchive NFT is based on the Solana blockchain.
Solana is a decentralized blockchain designed to provide the globe with scalable, user-friendly apps. Solana maintains a single global state as the network scales, ensuring composability between ecosystem projects.
NFTs on Solana are built on open-source standards, and you can keep them in your wallet or "custody" them. This means that when minting an NFT, you are not bound by any platform and can construct your NFT using any tool or platform of your choice.
You can mint an NFT on Mintbase and then show and sell it on OpenSea without ever having to remove it from your wallet.
OPENSEA
OpenSea is the world's first and largest peer-to-peer marketplace for cryptogoods, such as collectibles, gaming items, and other blockchain-backed virtual products.
OpenSea just introduced a feature that allows artists to create NFTs without having to pay for gas. They've published a step-by-step tutorial for doing so.
You must first build a collection to which NFTs will be added. You can create and add NFTs to a collection after naming it and adding image files, video files, 3D models, music files, or virtually any sort of digital content file. You'll be able to give the NFTs a name, a description, and a rarity level.
MINTBASE
Mintbase is another platform that makes it simple for creators to mint NFTs. Mintbase is similar to OpenSea in that in order to mint NFTs, you must first build a store.
Mintbase currently only supports images, making it ideal for visual artists. You can mint NFTs with a name, description, and amount after you've created the store and added them to it. By default, all NFTs are for sale, but you can uncheck a box to prevent them from being displayed.
ARTCHIVE FOR CREATORS
At Artchive, we seek to make creators' and collectors' journeys into the future as simple as possible. That is why we partner and collaborate with the above innovators for the benefit of both creators and users on the Artchive platform. The Artchive Creation Center is an initiative in this direction.
The Artchive Creation Center is a place where users can upload and mint their files to be NFTs on the website. This process will include a verification process, meaning the user will have to submit a form to be verified by Artchive.
DAO
Our ultimate goal is to evolve towards a Decentralized Autonomous Organization [DAO] where all decision rights will belong to the platform users. The DAO organization will be established for the benefit of community members.
A DAO (Decentralized Autonomous Organization), is an organization whose laws are recorded in a transparent computer program and managed by its members rather than influenced by a central administration.
Bitcoin is often regarded as the first fully working DAO because it contains pre-programmed rules, operates independently, and is coordinated via a consensus system.
A blockchain records the financial transactions and rules of a DAO. This eliminates the requirement for a third party in a financial transaction, allowing smart contracts to streamline those transactions.
A smart contract determines the firmness of a DAO. The smart contract maintains the organization's storage and specifies the organization's regulations. Since DAOs are transparent and public, no one can change the rules without others noticing.
Although we are accustomed to organizations with legal status, a DAO can function very well without it because it can be structured as a general partnership.
DAOs have a more democratic structure than traditional corporations. Any changes to a DAO must be voted on by all members of the DAO rather than being implemented by a single party.
The majority of DAO funding comes from token-based crowdsourcing. DAOs are governed by the community, whereas traditional firms are governed by executives, Boards of Directors, activist investors, and so forth.
Traditional companies' operations are private, with only the organization knowing what is going on, and they are not always global, but DAOs' operations are totally transparent and global.
DAOs have been utilized for a variety of reasons thus far, including investment, charity, fundraising, borrowing, and buying NFTs, all without the involvement of intermediaries.
For example, Jenny DAO obtained its first NFT, an original song by Steve Aoki, and 3LAU in May 2021. This DAO is a metaverse organization that allows users to own NFTs in fractions.
The purchase of NFTs will be overseen by its members. The unique protocol's smart contracts will manage the Vault where these NFTs will be stored. The Artchive DAOs will be open-source, making them transparent and incorruptible. The Solana blockchain will record and maintain all of the organization's transactions.
The incentive rules related to the native ARTC token will be matched with the interests of the organization's members after they are established correctly. Proposals will be the primary method for making decisions within a DAO, and they will be voted on by a majority of the platform actors involved.
The Artchive DAO will be a distributed organism or distributed Internet tribe that will operate independently on the internet but will rely significantly on specialist individuals or smaller organizations to do some jobs that cannot be automated.
All DAO stakeholders will be able to participate in the governance of Artchive. The Artchive DAO will enable collectors and creators to vote on multiple upgrades and decide how the platform should develop further.
ARTCHIVE WALLET
Artchive Wallet is a software based wallet/program that allows storage of your Artchive Coins and Solana Coins (SOL), for the sending and receiving of crypto transactions in a blockchain.
The crypto transactions can be owning, buying, selling of cryptocurrency and tokens, including Artchive coins, Solana Coins (SOL Non-Fungible Tokens NFT's), on a Blockchain like Solana.
Artchive Wallet is currently supporting the Solana Blockchain. It is totally a custom made program, the functionality of which can be enhanced/updated as per business requirements of Artchive NFT platform
The assets as Crypto Coins (including Artchive Coins) and NFT’s are stored "in" a Crypto wallet, per se. The assets exist on a blockchain and the wallet software (like Artchive Wallet) allows you to interact with the balances held on that blockchain (like Solana). The wallet itself stores addresses and allows its owners to move assets elsewhere while also allowing others to see the balance held at any given address.
Artchive crypto wallet consists of a securely generated private key and its cryptographically-derived public key. A private key and its corresponding public key are together known as a keypair. Wallet contains a collection of one or more keypairs and provides some means to interact with them.
The public key (commonly shortened to pubkey) is the wallet's receiving address or simply its address. The wallet address may be shared and displayed freely.
The private key is required to digitally sign any transactions to send cryptocurrencies to another address or to make any changes to the wallet.
IPFS
Because the InterPlanetary File System (IPFS) removes the necessity for websites to have a central origin server, it may be our best chance to completely re-architect the internet – before its own internal conflicts unravel it from within.
IPFS is a new peer-to-peer hypermedia protocol that aspires to supplement, if not entirely replace, the current web's Hypertext Transfer Protocol. IPFS is, at its core, a versioned file system that can store material and track different versions over time. It also manages how files and data are transported around the network.
IPFS promotes decentralization through promoting a resilient internet, circumventing content filtering, and boosting web connectivity and speed for those who live in remote or otherwise isolated locations. IPFS uses a content-addressed approach to create a permanent and dispersed web. This is accomplished by assigning a cryptographic hash to each file that is stored as the address.
The majority of NFTs work by storing data off-chain. A URL is generated from the NFT and used to point to the data on the internet. Links, as you may know, can change, die, or take you somewhere utterly unexpected.
Suppose you bought a million-dollar NFT and have access to it via a URL, with the data held off-chain. When you click the link, you expect to see your valued NFT artwork, but instead, you get a 404 error.
That would be a problem, especially given the fact that you had just paid a million dollars for it. Most of us don't buy NFTs for that price, but it might happen to anyone who has bought one, regardless of the price.
So, what's a simple fix for this? IPFS. Your files don't come from a regular URL, and you can be confident that they'll always be there if you use a network that uses cryptography and is built on the blockchain. The Artchive platform is just that.
