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Case Study of NFT Gen 2, The Whale Gate Collection

Case Study of NFT Gen 2, The Whale Gate Collection

case-study-whalegate

Table of Contents

The short story of the first NFT Gen 2 Whale Gate Collection talked about the time it was showcased at Thailand Crypto Expo 2022 during 6-9 October 2022 bringing to visitors the experience of how the virtual asset come to life.

 

Many attendees have given attention and are interested in the experience they never had before. Moreover, giant enterprises are seeking the opportunity to use blockchain technology, and it seems that NFT Gen 2 by SIX Protocol is giving out the agitation for their nearer future.

Case Study Whale Gate Collection: Register, Mission, Redeem

The first debut of Whale Gate Collection, at SIX Protocol booth we created the experience users and visitors to try like never before. NFT Gen 2 Whale Gate Collection comes with a real use-case that was demonstrated with Mark Usage Value and Mission + Transformation. >> Read full article <<

 

In the booth, there are three stages to get involved using the NFT we give out for free (exclusive for attendees only) in a paper wallet form. First, when visitors come to visit, you are urged to register at the registration point to clarify attendance whether you are whitelisted or a walk-in visitor to claim your Whale Gate NFT here.

Second, you can join our activities to transform the NFT experience into real-life usage that can be used in our booth. By participating in our missions your NFT will be able to stack up “points” and when completed the NFT will transform into another tier as a sign of completion.

And finally, your stacked-up point in the NFT can be used for price redemption at the booth for SIX Network’s premium gift. To redeem, staff will scan to see the points you have and mark it up as used for 1-time usage.

 

To get the big picture, if the NFT has a total of 600 points in it and you need 400 points to redeem a SIX Protocol cap, points will be deducted – marked as used. There you go, now you have joined the fun already along with the experience of using NFT in real life.

Maho Rasop Music Festival, NFT Ticketing

Integrating NFT Gen 2 for enterprise is our goal to generate a capacity of usage for the entire ecosystem. Maho Rasop Music Festival is the first to use NFT Gen 2 as their product which is a ticket pass for the music festival during 19-20 November 2022 at ECS Park, Rangsit.

About Maho Rasop (MHRS)

Heineken® Silver Presents Maho Rasop Festival 2022, Bangkok’s first international independent music festival promoted by three music entertainment companies Have You Hear?, Seen Scene Space, and Fungjai. This year is more special than before with TeamMHRS NFT collection used for ticketing pass with privileges holders will have.

These are the collection of 625 utility-enabled PFPs that feature a richly diverse and unique pool of rarity traits. In addition, each TeamMHRS unlocks exclusive benefits, membership, and upcoming surprises the longer you HODL it.

The NFT Ticketing involves the use of SIX Protocol’s Dynamic Data Layer to integrate the utilities for this brand new experience this year!

 

1. Maho Rasop Experience #2

2. Limited edition Maho Rasop merchandise

3. Dedicated Entry Lane

Bottomline

NFT Gen 2 Whale Gate Collection was just the first step to something new and something bigger. We’ve seen through it that demonstrating and creating an experience for the digital collectible to real-life applications can lead to more dynamic dimensional use.

 

Moreover, businesses and entrepreneurs, during the booth visits are interestingly wondering how can they get involved with NFT Gen 2 by SIX Protocol and are getting connected with the team. This has become phenomenal to ventures and seek forward to the opportunity to grow, innovate, and make digital assets come to life.

– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –

If you want to make your NFT of your own or you do have a business to run and needed renovation to the system contact us at business@six.network or open a ticket in our discord server.

Don’t miss, out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Content Marketer Specialist
Prepare to fly higher with the new technology and innovation that SIX Network will provide!

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SIX Token is Listing on Gate.io, Leading Global Digital Asset Exchange on 19 November 2024

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Everything You Need to Know About NFT Gen 2

Everything You Need to Know About NFT Gen 2

why nftgen2-02

Table of Contents

It’s been a minute since we introduced NFT Gen 2 to everyone. Some may wonder, “what is NFT Gen 2?” and “how is it different from normal NFTs we see today?”

 

In this article, we invite you to dig deep into the NFT Gen 2 land.


Are you ready?

TLDR;

 

– NFT Gen 2 is a Dynamic Data Layer that runs on the SIX Protocol Chain

– NFT Gen 2 allows NFTs to be integrated with business needs such as marking usage value, utilizing point system, and many more

– NFT Gen 2 can be utilized on any blockchain network

– “Whale Gate Collection” was the world’s first-ever NFT Gen 2 collection which is now available for everyone to explore on the Xclusive marketplace.

– Everyone can contact the SIX Protocol team directly to integrate NFT Gen 2 into your project.

What is NFT Gen 2? 

 

By definition, NFT Gen 2 is a Dynamic Data Layer that runs on SIX Protocol, enabling NFTs to match any business needs. 

 

Before we get into the details, we first need to understand that NFTs usually come with utilities, for example, an NFT that has the utility for holders to attend an event. These utilities can be curated by the NFT creator or business partners, which can be many things, such as marking usage value, utilizing a point system, and many more.

 

If we look at the same example of NFT as an access pass to the event, we will see that NFT Gen 2 can fit right in since it can track and trace any NFT usage. To be precise, if that NFT has been used, the dynamic metadata will appear so. This will prevent fraud and enhance the overall quality of each sale on the secondary market since collectors can verify whether the NFT still has unclaimed utilities.

Explore more on NFT Gen 2 here: sixprotocol.com/nftgen2

Example of the unique uses of Metadata

Mark Usage Value 

 

One of the most apparent use cases for the NFT Gen 2 is its ability to track and trace the NFT usage, which means that we can now mark the usage value of that NFT. 

 

For example, an NFT can redeem premium dine-in experiences for 3 meals. Usually, we would need to find a way to track the usage of how many times the holder has redeemed the meal since the original Metadata shouldn’t be manipulated. With NFT Gen 2, on the other hand, everyone will be able to see the current status of the NFT utility.

 

Point System 

 

For the first time ever, NFTs holders can participate in any community event or activity and get points distributed through on-chain transactions! It is fascinating to see how NFT Gen 2 can make that happen without manipulating any original metadata. 

 

Mission Setting + Transformation 

 

Another use case of the NFT Gen 2 is for any business to set up missions, such as checkpoints, spending amounts, and any other tailored made activity for holders to join in. The highlight of this use is the fact that the NFT can be transformed once a specific condition has been reached, for example, by completing three missions.

 

Here’s an example of NFT transformation from our Whale Gate collection:

The first-ever NFT Gen 2 Collection, “Whale Gate.” 

 

On 6-9 October 2022, SIX Network attended Thailand’s Crypto Expo at the Queen Sirikit National Convention Centre, where we introduced the first-ever NFT Gen collection named “Whale Gate Collection.” 

The collection was given to the event attendees in the form of a paper wallet, along with a set of missions everyone could participate in. Our team really had a blast at the event!

 

If you’d like to learn more about the Whale Gate collection, you can read about the collection story here

NFT Gen 2 Use Cases

 

Apart from the collection debut at the Thailand Crypto Expo event, one of the main highlights of NFT Gen 2 is its ability to be integrated with NFTs from any blockchain network!

 

If you’d like to explore ways you can use NFT Gen 2 with your project or business, please kindly contact us via business@six.network or open a ticket in our discord server 

 

If you want to explore the Whale Gate collection and see how the Dynamic Metadata is being displayed, you can visit the collection page on Xclusive and Opensea!

Don’t miss out follow us at:

Khanathat Chowpradith
Khanathat Chowpradith

Web3 Marketer | Passionate Writer | NFTs enthusiast

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A Short Chronicle of Whale Gate Collection and The Supporting Marketplace on Xclusive

A Short Chronicle of Whale Gate Collection and The Supporting Marketplace on Xclusive

story-of-nftgen2

The world of NFT will never be the same when many more projects are bringing utility to the Non-fungible Token. In this article, we will talk about the interesting factors of the world’s first-ever NFT Gen 2 that was showcased at Thailand Crypto Expo 2022 6-9 October 2022.

 

Whale Gate Collection is the first NFT Generation 2 developed by SIX Network. The unique features and abilities that this genre of NFT will allow a community to enjoy the practical experience of the NFT they hold.

The storyline of Whale Gate Collection

The story of how the Whale Gate Collection began 2 months ago with SIX Network production team’s intention to portray a set of NFT collections applying our technology to the existing overachieving hit.

 

The project “NFT Gen 2” was in our roadmap and was the first project to be birth on SIX Protocol’s chain. Let’s get back to the beginning when our production team first got the assignment to create a demo for the public to experience the feasibility that NFT can be more than just a collectible and interchange the word “Non-fungible” to fungible in its use.

 

The up coming event to attend the exhibition at Thailand Crypto Expo 2022 in October was our window to demonstrate Gen 2 layer’s abilities. But before every other thing, we must first have our own NFT first.

"What should it be?"

The question rings in the team; a whale = symbolic use to call a group of crypto holders with a large amount in their wallet. Then the team manages to throw back the idea and came back with another comment to add a prism between the whale’s body.

 

It does look like a gate with the whale floating and as simple as that comes the name: Whale Gate.

WHALEGATE#066

The highlights of the NFT generation 2 are:

➖ Fraud and duplication prevention using another layer to identify the origin of an NFT

➖ Real-life application that can be used for a ticket pass, privilege redemption, and more.

➖ Options to modify NFT metadata

➖ Dynamic + Static Metadata systematic on the NFT.

Xclusive the Multichain-based NFT Marketplace 

SIX Network, Handstudio, and Xeno Xclusive(ly) launch our first NFT marketplace to support multiple chains of Klaytn and Ethereum to pack in with the wave of NFT trends in South Korea. 

 

Fast forwarding during the expo was held, the NFT Gen 2 giveaway activity was the highlight at SIX Network’s booth which we are giving out the Whale Gate Collection in the form of paper wallets exclusively for attendees.

Experiencing the Gen 2 of NFT, attendees will have to complete the in-booth to get points that are embedded. At this point is where the Dynamic Data Layer comes with IPFS and oracle to modify the layer base of metadata to track and trace activities happening to the NFT.

 

And what next? At the exhibition we introduce Xclusive Marketplace, led by Fingerlabs, presenting the multichain-based NFT marketplace launched on the 1st of September 2022. Read more.

The starting launchpads are Bellygom, Sunmiya, Meta Kongz, Mutant Ape Yacht Club, and more; now listing Whale Gate Collection by SIX Network on Klaytn Mainnet.

 

SIX tokens will be used as a medium of payment on Xclusive for every Klaytn-based project which is a crucial milestone for SIX holders. SIX Network is proud to present our very own first collection of NFT with dynamic data which hopefully will be the new phase adoption for NFT users and business sectors.

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Prepare to fly higher with new technology and innovation that SIX Network will provide!

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Event Wrap-up: SIX Protocol at Thailand Crypto Expo 2022

Event Wrap-up: SIX Protocol at Thailand Crypto Expo 2022

On 6-9 October 2022, SIX Network attended Thailand’s Crypto Expo at the Queen Sirikit National Convention Centre, which was our second time at Thailand Crypto Expo!

 

This article recaps what happened at the event for those who might have missed it. Let’s get started!

 

About the event

 

The “Thailand Crypto Expo” event is one of Thailand’s biggest crypto expos and was first introduced in May 2022.

 

Similar to the previous expo, this 4 days event had various types of exhibitors and projects from around the globe, with many speakers sharing their knowledge and projects in different sessions throughout the event.

SIX Network & SIX Protocol showcase

Our team’s sole purpose at the event is to carry on the narrative about what we do and connect with the community, in which we presented various aspects of the SIX Network, including our history, SIX Token, SIX Protocol, Xclusive marketplace, past NFT projects and our latest “NFT Gen 2.”

 

We also received tremendous support from our community members, who came to interact with us and participated in our in-booth activities. For that, we’re super thankful! 

In-booth Activities: NFT Gen 2 Experience

 

One of the main highlights of this event is our NFT Gen 2 activity. We were giving away the world’s first NFT Gen 2 collection, Whale Gate Collection,” in the form of paper wallets exclusively for the attendees of this event!

 

Once the attendees have received the paper wallet, they will have to complete the in-booth missions in order to get points that are embedded in each NFT. 

The missions ranged from checking in at the booth to taking photos of the booth and fun quizzes. Moreover, the points given to the NFT could be used to redeem SIX Protocol’s exclusive premium.

Throughout the whole event, this activity received a lot of positive feedback from the community. If you have visited, we hope that you had a fantastic experience at our booth 🙂

You can explore the Whale Gate Collection here

 

Explore Whale Gate Collection on Xclusive: http://xclusive.market/en/marketplace/KLAYTN/0x898bb3b662419e79366046C625A213B83fB4809B

 

Explore Whale Gate Collection on OpenSea: https://opensea.io/collection/whalegate

Xclusive & Favorlet showcase

 

Apart from our fun activities, we have also showcased ‘Favorlet’ and ‘Xclusive,’ a Multi-chain NFT marketplace that is a collaboration between SIX Network, Finger Labs, and Xeno, to the Thailand Crypto Expo.

This is a great opportunity for us to introduce more of our projects from South Korea to Thailand. Many curious attendees wanted to know about Xclusive and how they could play their part.

 

It is worth mentioning that during the time of this event, Xclusive also hosted an airdrop activity on Twitter for those who came by and said hi at the booth. You can check out the activity below.

Speaker session by SIX Network’s CEOs

 

On 8 October 2022, our Co-founders and Co-CEOs, Mr. Natavudh Pungcharoenpong and Mr. Vachara Aemawat, were invited to join the speaker session from 2.10– 2.40 P.M. (GMT+7). In this session, they discussed the SIX Protocol and the technology beyond NFTs, “NFT Gen 2.”

 

The session is called “Implementing NFTs and Blockchain for mainstream business.” 

Here is a list of what our CEOs have covered in the session:

 

SIX Protocol – Core Structures and services

NFT Gen 2 – The technology beyond NFTs

“The Dynamic Data Layer”

NFT Vs. NFT Gen 2

 

After the speaker session ended, both of our CEOs came to greet and take photos with the attendees at the booth.

Node Validator Partners Visit & Networking Session

 

After the speaker session, our team met with our Validator Node partners, who came to experience the NFT Gen 2 activities and network with other validators, making our booth very crowded that Saturday afternoon.

Summary

 

Once again, Thailand Crypto Expo 2022 has been an enjoyable 4 days for us at SIX Network & SIX Protocol 👏🏻

The team would like to thank everyone who came to show us support in our booth, plus all exhibitors and media that came to say hi and connect. Until next time!

Don’t miss out follow us at:

Khanathat Chowpradith
Khanathat Chowpradith

Web3 Marketer | Passionate Writer | NFTs enthusiast

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SIX Network – Job Openings

SIX Network – Job Openings

At SIX Network, we’re constantly seeking ways to develop the best initiatives in the crypto space. Launched in 2018, SIX Network has undertaken many blockchain-based projects utilizing metadata and smart contracts. Currently, we are preparing to launch our biggest ambition project, “SIX Protocol,” SIX Network’s first-ever public blockchain aims to help bring businesses to the Web3.0 era. Hence, we’re scaling up our operation to pursue this mission.

We’re now seeking like-minded people to join our team! Please kindly see a list of open positions below:

(1) Community Manager
(2) Crypto Marekting Specialist
(3) Assistant Accounting Manager

Experience in investing in cryptocurrency, or NFTs, is a plus!

**If you would like to be a part of our team, we would like to talk with you!

Please send your CV/resume to: hr.recruitment@18.139.223.32 [Subject: Apply For (position)_Name-Surname] or contact us at 092-552-8252**

—————
Stay connected with SIX Network and be a part of our community!
https://linktr.ee/Sixnetwork

Location:

● SIX Network at Empire Tower (BTS Chong Nonsi station) 

 

Office Hours:

● MON – FRI, 10:00 AM – 7:00 PM (can be flexible)

 

What We Offer:

● Attractive salary above the industry average

● Bonus (1month / depends on company profit)

● Social security fund

● Group Health insurance (after probation period)

● Annual leaves (10 days)

Business leaves (5 days)

Open Positions:

1) Community Manager

Job Responsibilities:

– Be responsible for monitoring social media channels continuously and engaging with people in the community and the crypto community.
– Organize and host regular community calls and other community events.
– Participate in crypto events to explore new opportunities and build good relationships with industry partners and influencers.
– Work with the team to create and deliver content and campaigns to the community.
– Handle the situations in the community.
– Support and help the users solve product and service issues.
– Develop a roadmap, plan, and direction for the community.

 

Requirements:

– Have experience in community management, social media administration, or related work.
– High emotional intelligence.
– Enjoy being and communicating with people.
Good at dealing with the high-pressure situation
– Exceptional written and verbal communication skills in Thai and English.
– Confident in being in the public eye as a company representative.
– Understand cryptocurrency and NFT.

 

Salary: Negotiable

2) Crypto Marketing Specialist

Job Responsibilities:

– Promote products, services, and content over the company’s channels, in a way that is consistent with the company’s brand and marketing strategy.
– Research the updates and trends in the crypto industry and create crypto-related content for use on the company’s channels.
– Meet with clients and other stakeholders (such as crypto influencers and marketing agencies). These meetings may involve pitching potential marketing opportunities.
– Track, manage, and analyze analytics for the company’s channels and report to team leaders.
– Participate in crypto events to explore new opportunities and build good relationships with industry partners and influencers.
– Work and update team leaders on the progress of marketing activities and report on the results of campaigns.
Develop a marketing strategy with the team to grow the business.
– Work with a community manager to grow the community, support, and help the users solve product and service issues.
– Coordinate with other departments to produce effective marketing strategies and activities to meet business goals.

 

Qualifications:

– Extensive knowledge of digital marketing, especially social media marketing (Facebook, Twitter, Blog, Etc.)
– Exceptional writing skills in Thai and English.
– Creativity for content creation.
– Self-learning and self-driven.
– Analytical and problem-solving skills.
– High emotional intelligence.
– Team player with good written and verbal communication skills in Thai and English (Korean is a plus++).
– Understand cryptocurrency, DeFi, blockchain in general, and NFT.

Salary: Negotiable

3) Assistant Accounting Manager

Job Responsibilities:

– Reviewing journal entries, analyses, and account reconciliations and assisting with monthly close processes.
– Reviewing documentation for accounts receivable, accounts payable, purchasing, treasury, payroll, and conducting internal audits.
– Reviewing monthly balance sheet reconciliations.
– Contributing to the development and review of annual operating budgets and performance projections.
– Preparing management reports monthly.
– Meeting processing and reporting deadlines.
– Responding to information requests, reviewing financial statements, and assisting with audit purposes.
– Ensuring compliance with GAAP.
– Assisting the accounting manager as needed.
– Ability to work on weekends or holidays (occasional).

 

Qualifications:

– Bachelor’s degree in accounting or finance required.
– 4+ years of accounting/auditing experience.
– Working knowledge of GAAP.
– Good communication skills, both written and verbal in English.
– Ability to work with teams.
– High emotional intelligence and people management skills.
– Self-learning and self-driven.
– Good problem-solving, analytical, and time-management skills.
– Good responsibility and ownership.
– Highly organized and detail-oriented.
– Knowledge of legal is a plus.
– Knowledge of blockchain, cryptocurrency, DeFi, and NFT is a plus.

 

Salary: Negotiable

Please send your CV/resume to: hr.recruitment@18.139.223.32 [Subject: Apply For (position)_Name-Surname] or contact us at 092-552-8252**

—————
Stay connected with SIX Network and be a part of our community!
https://linktr.ee/Sixnetwork

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Passionate about financial world and is an inverstor too! Giving out news update and blog post every month.
Visit us at SIX Network for more.

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SIX Token is Listing on Gate.io, Leading Global Digital Asset Exchange on 19 November 2024

SIX Token จะถูกลิสต์ขึ้นบน Gate.io กระดานแลกเปลี่ยนสินทรัพย์ดิจิทัลนานาชาติชั้นนำ วันที่ 19 พ.ย. 67 นี้

SIX Token หรือ $SIX ลิสต์ขึ้นสู่แพลตฟอร์มใหม่แล้ววันนี้ บนกระดานแลกเปลี่ยนสินทรัพย์  “Gate.io” หนึ่งในแพลตฟอร์มการซื้อขายสินทรัพย์ดิจิทัลที่มีชื่อเสียงระดับโลก และมีความโดดเด่นเรื่องการรองรับสินทรัพย์ที่หลากหลาย มีฟีเจอร์การใช้งานบนแพลตฟอร์มที่ทันสมัย และมีมาตรการความปลอดภัยที่แข็งแกร่ง ซึ่งการลิสต์ SIX Token บน Gate.io ครั้งนี้ จะทำให้ผู้ถือเหรียญสามารถเข้าถึงการลงทุนได้มากขึ้น และเป็นการเปิดโอกาสให้ SIX

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The Basic Idea of Validators vs. Miners

The Basic Idea of Validators vs. Miners

pos-vs-pow

Table of Contents

The verifiers of blockchain transactions are generally scoped down to two main groups of the consensus algorithm. This “verifiers” position are commonly known as validator and miner, they have the same legitimacy to help blockchains validate information, synchronize data, and process transactions. Though, both have similar task to accomplish but it’s the procedure that make the difference.

Distinguish between Validators vs. Miners

The validators are amended to Proof-of-Stake (PoS) which validators are the ones building the block of the chain enabling tasks for checking transactions, verifying activity, voting on outcomes, and maintaining records.

 

To become a validator is to “buy into” the position means that token owners will have to offer their tokens as collateral for the chance to validate blocks. Token owners who staked their coins will become validators and receive transaction fees as rewards. 

 

Miners are found in Proof-of-Work (PoW) blockchain network, their task is to solve complex mathematical equations to complete the requirement of becoming nodes for a chain. 

 

Miners usually need to invest in highly advanced equipment, powerful computer RIG, and energy power to run the work. As the name suggests, as proof of work, miners rely on the amount of work they input to receive block rewards.

Behind The Scene of Verification Mechanism

Proof-of-work and mining need to solve a mathematical puzzle known as the proof-of-work problem to create a new group of trustless transactions or blocks on a distributed ledger called the blockchain.

 

Transactions are bundled into a block, miners jump in to verify the block legitimacy then rewards will be given to the first miner who solves each block problem; this process is called inverse hashing.

 

Proof of stake and validators is the consensus mechanism introduced by Peercoin and then secondly by the Ethereum chain. It is virtually portrayed by locking up the ecosystem token in the chain which is known as staking.

 

The overall purpose stays the same on both blocks proving the only difference is in the procedure that the validators to creating the next block are based on how much they have staked and then rewarded with proportion to the staking amount.

Conclusion

In conclusion PoW or PoS is crucial to a blockchain ecosystem to help in the validation of blocks and synchronizing data to create a whole new chain, stabilizing the security within the network through the work performed by miners and validators. 

 

In recent days many blockchain networks are turning to Proof-of-Stake as their consensus process which allows validators to stake tokens in the system and strengthen the security of the blockchain.

SIX Protocol will soon launch and is thrilled to invite everyone to become our validators of the network the procedure is based on Proof-of-Stake Authority (PoSA).

 

The Individual Node Validator is specified for people who are looking for the opportunity to become a part of consensus verifiers of a network. We are looking forward to you staying tuned for the big announcement and learning more about how to join Individual Node Validator by following this link. 

>> https://sixprotocol.com/six-validator-nodes

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SIX Token is Listing on Gate.io, Leading Global Digital Asset Exchange on 19 November 2024

SIX Token จะถูกลิสต์ขึ้นบน Gate.io กระดานแลกเปลี่ยนสินทรัพย์ดิจิทัลนานาชาติชั้นนำ วันที่ 19 พ.ย. 67 นี้

SIX Token หรือ $SIX ลิสต์ขึ้นสู่แพลตฟอร์มใหม่แล้ววันนี้ บนกระดานแลกเปลี่ยนสินทรัพย์  “Gate.io” หนึ่งในแพลตฟอร์มการซื้อขายสินทรัพย์ดิจิทัลที่มีชื่อเสียงระดับโลก และมีความโดดเด่นเรื่องการรองรับสินทรัพย์ที่หลากหลาย มีฟีเจอร์การใช้งานบนแพลตฟอร์มที่ทันสมัย และมีมาตรการความปลอดภัยที่แข็งแกร่ง ซึ่งการลิสต์ SIX Token บน Gate.io ครั้งนี้ จะทำให้ผู้ถือเหรียญสามารถเข้าถึงการลงทุนได้มากขึ้น และเป็นการเปิดโอกาสให้ SIX

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Khanathat Chowpradith
Khanathat Chowpradith

Fulltime learner | Passionate Writer | Investment Geek

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Business Guide to Understanding NFTs for Access and Utility

Business Guide to Understanding NFTs for Access and Utility

NFTs for access and utility

Table of Contents

You may have been wondering what kind of “utility” NFTs can really bring to the table since there are many projects in the space, yet everyone seems to focus on delivering their utilities to their NFT holders.

 

In this article, we will explore the use of NFTs and other possibilities for businesses to understand this ever-changing landscape of Web 3.0.

NFTs Access Passes: What is it?

 

As these non-fungible tokens exist on the blockchain, they also come with the ability to verify proof of ownership through wallet addresses / Name Services across networks. 

 

An obvious example of an NFT access pass would be a special kind of ticket to an event. Traditionally, tickets are issued according to the differences in seating and tier based on the time purchased. With NFTs as tickets, an event such as a concert, webinar, or networking event will be able to issue verifiably unique tickets that have proof of ownership with history or transactions stored in the blockchain.


You can see Coachella’s NFT access passes as examples here

What is ‘special’ about these NFTs, especially from a business’s perspective?

 

Using NFTs as tickets for an event can create many streams of value, whether for the event itself, ticket holders, or partners involved. Here’s why:

 

#1 Proof of attendance 

 

In significant events like Glastonbury Festival, ticket holders must verify their ID with a system to get a physical (with image) ticket to prevent fraud and invalid passes and control the audience’s overall safety.

 

If the said event used NFTs, their ticketing system might be improved since ticket holders can verify themselves with a simple swipe on their phones, making the experience smooth while remaining efficient regarding the event’s safety policies.



#2 Utilities for holders & Marketing values for partners

 

The sponsors/ partners are the hearts that pump the event’s energy and the organizers. They play a massive part in shaping what kind of experience a specific event will provide. What the event can do to increase the utilities for the NFT collection and deliver valuable results for partners is to integrate exclusive perks, privileges, or access for the partners and NFT holders. 

 

For example, the event’s NFT holder can access the partner’s special VIP area or get an exclusive discount on a certain line of products. This way, holders can enjoy their privileges to the fullest while partners can get in-event traffic with awareness in the Web3 space.

NFT Access Passes in the online world

 

You may wonder, “Can NFT Access Passes be used in other forms?” The answer is crystal clear, YES!

 

Apart from IRL (in-real-life) events, NFT access passes can also be used in the online world, introducing the concept of “NFT token-gated content.”

What do you mean by “Token-gated”?

 

Allow us to explain.

 

Today, we are familiar with exclusive content through subscription services like Patreon and OnlyFans. How it works is the creator creates content and locks it behind a ‘paywall,’ and then supporters who subscribe get access to the content. 

 

As per Token-gating, the content will only be accessible to supporters who own a specific token (like NFTs). We already see this happening in discord communities, where the members need to ‘verify’ a certain token/ NFT to access a certain server section.

 

At SIX Network, we adopted a similar concept with our holder club, where community members with 5,000 SIX tokens in their wallets can verify themselves and join the club.

 

You can learn more about it here.

Summary

 

While NFT ticketing is an obvious real-world use case everyone can imagine, we can all agree that one of the ways to create utility and value for NFTs is for businesses, creators, and projects to consider token-gating the content!

 

Is this all NFT access passes can do/be? 

 

One of the things our team likes to do at SIX Protocol is to explore as we try to unleash the true power of digital assets, a world with unlimited possibilities. What we covered today in this article is just the first layer of many more. 

 

NFT access passes can be used in many other forms, such as newsletters and virtual experiences in the Metaverse. So if you’re interested to learn more about all things NFTs, whether for yourself or your business, why not stick around and join our community space on discord?

 

Join now here: https://discord.gg/kypKmUJv9J

Connect with the SIX Protocol team for business opportunities

 

At SIX Protocol, we aim to help businesses and enterprises across industries access this ever-changing era of digital assets and Web 3.0. If you’re planning to build something on the blockchain for your business, SIX Protocol might be perfect for you.

 

Learn more about what we do and stay connected with us at sixprotocol.com

 

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SIX Token is Listing on Gate.io, Leading Global Digital Asset Exchange on 19 November 2024

SIX Token จะถูกลิสต์ขึ้นบน Gate.io กระดานแลกเปลี่ยนสินทรัพย์ดิจิทัลนานาชาติชั้นนำ วันที่ 19 พ.ย. 67 นี้

SIX Token หรือ $SIX ลิสต์ขึ้นสู่แพลตฟอร์มใหม่แล้ววันนี้ บนกระดานแลกเปลี่ยนสินทรัพย์  “Gate.io” หนึ่งในแพลตฟอร์มการซื้อขายสินทรัพย์ดิจิทัลที่มีชื่อเสียงระดับโลก และมีความโดดเด่นเรื่องการรองรับสินทรัพย์ที่หลากหลาย มีฟีเจอร์การใช้งานบนแพลตฟอร์มที่ทันสมัย และมีมาตรการความปลอดภัยที่แข็งแกร่ง ซึ่งการลิสต์ SIX Token บน Gate.io ครั้งนี้ จะทำให้ผู้ถือเหรียญสามารถเข้าถึงการลงทุนได้มากขึ้น และเป็นการเปิดโอกาสให้ SIX

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Khanathat Chowpradith
Khanathat Chowpradith

Web3 Marketer | Passionate Writer | NFTs enthusiast

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SIX Network Q3 Summary

SIX Network Q3 Summary

six-q3-summary

Table of Contents

Thank you for your attention and interest in SIX Network and we know you are looking forward to our summary updates in the third quarter of 2022. SIX Network team have been delivering services, collaboration projects, and partnering announcement during this semester. 

 

In this article you’ll get to see the overview of the workframe and what was going on along under SIX Protocol and SIX Network.

SIX Protocol’s Official Website Launching

The SIX Protocol’s official website was launched earlier in June  2022. Hereby is the link to explore sixprotocol.com, providing general information about the protocol, such as the core structures demonstrating the primary services and toolkits SIX Protocol offers. Moreover, this page will link to our Gitbook Vol. 1 for developers or anyone to learn more about how we’re building our blockchain infrastructure.

 

SIX Validator Node and Partnership program, you will be able to learn more about the role of a validator node in the SIX Protocol ecosystem, along with some brief details on how enterprises can become validator nodes. 

(https://sixnetwork.medium.com/six-protocols-website-launch-en-a4ac9938db09)

Unleash the true power of the digital assets

 2nd FINIX Token Halving

SIX Network team set FINIX halving event on 21 June 2022, which determined the daily emission rate of FINIX production per day down to 43,200 FINIX tokens on Definix platform. The reduction of emission rate are enabled on both chains, Binance Smart Chain and Klaytn Mainnet.

 

And with that an updated farms on Definix platform comes from the voting power of vFINIX Holders community on the direction of the Definix’s ecosystem, we have come to an accord to close the following farms:

Definix Klaytn Chain

 

– WKLAY-oETH

– WKLAY-oWBTC

– WKLAY-oXRP

– oBNB-oUSDT

– oBNB-FINIX

 

Definix BSC Chain

– USDT-BUSD

– BNB-BUSD

– BTCB-BNB

– ETH-BNB

– XRP-BNB

– ADA-BNB

– ETH-BTC

– VELO-BNB

– VELO-FINIX

Z7DAO Airdrop Campaign

SIX Network and Z7DAO, a subsidiary of OTO, which we have announced our partnership with. We aim to create an e-sports community by using utility NFT tokens for the gaming community. This will be the central path to bringing e-sport players, fans, and investors to get together.

 

SIX Network and Z7DAO have prepared giveaway airdrop events for the community in honor to celebrate the official launch of the new all-in-one platform welcoming new users to experience.

Xclusive, The first Multi-chain based NFT Marketplace

 

SIX Network, Handstudio, and Xeno Xclusive(ly) launch our first NFT marketplace to support multiple chains of Klaytn and Ethereum to pack in with the wave of NFT trends in South Korea. 

 

Many outstanding NFT collections have been launched on Klaytn, the blockchain network that is focusing on creating the infrastructure for metaverse and creative works. As a result, the total volume of the NFT trading on Klaytn is quite tremendous, and SIX Network sees it as a great opportunity to expand the business activity as an official partner of Klaytn.

 

The Xclusive marketplace has many cool features, such as Launchpad, a special page for ‘Exclusive NFTs,’ Related Tab to view related NFT projects, and other services to facilitate NFT creators to enter and grow the NFT market.

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Prepare to fly higher with new technology and innovation that SIX Network will provide!

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SIX Token is Listing on Gate.io, Leading Global Digital Asset Exchange on 19 November 2024

SIX Token จะถูกลิสต์ขึ้นบน Gate.io กระดานแลกเปลี่ยนสินทรัพย์ดิจิทัลนานาชาติชั้นนำ วันที่ 19 พ.ย. 67 นี้

SIX Token หรือ $SIX ลิสต์ขึ้นสู่แพลตฟอร์มใหม่แล้ววันนี้ บนกระดานแลกเปลี่ยนสินทรัพย์  “Gate.io” หนึ่งในแพลตฟอร์มการซื้อขายสินทรัพย์ดิจิทัลที่มีชื่อเสียงระดับโลก และมีความโดดเด่นเรื่องการรองรับสินทรัพย์ที่หลากหลาย มีฟีเจอร์การใช้งานบนแพลตฟอร์มที่ทันสมัย และมีมาตรการความปลอดภัยที่แข็งแกร่ง ซึ่งการลิสต์ SIX Token บน Gate.io ครั้งนี้ จะทำให้ผู้ถือเหรียญสามารถเข้าถึงการลงทุนได้มากขึ้น และเป็นการเปิดโอกาสให้ SIX

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How to join SIX Network’s ‘Holder Club’ on Discord

How to join SIX Network’s ‘Holder Club’ on Discord

Guide to join SIX Network Holder Club on Discord

Table of Contents

Guide to join SIX Network Holder Club on Discord, which will be open on September 1, 2022, for SIX and FINIX holders. Prepare to join our Holder Club to get exclusive information and insight news before anyone else.

 

 

In these few months, we have been introducing different activities to our Discord, whether a big activity such as Airdrop or small sessions where we invited members to play games with us. To celebrate this milestone of having over 5,000 members, we’re excited to share that our Discord will launch a new section called ‘Holder Club’ with exclusive rooms specifically for SIX & FINIX holders.

 

Follow the steps below to join the club!

Who can join the Holder Club?

SIX Holder (5,000 SIX in BNB Chain)

or 

FINIX Holder (5,000 FINIX in BNB Chain)

* Metamask wallet only

#1 On SIX Network Discord, go to ✅⎪six zone-join. After that, press the Verify Assets button!

* Currently, SIXZone is Desktop supported only. Please stay tuned for the mobile version.

#2 After pressing Verify Asset! You will then see the message that popups; then click on the Connect Wallet (this button requires you to take action within 10 minutes).

#3 You will see a link like in the image below, press Yep!

#4 Afterward, you will go to the SIX Zone website and click on Metamask.

#5 Click on Sign Message, and after you press it, you will see the Signature Request page. First, check if it is Chain BNB or not; if yes, please go ahead and Sign.

#6 After going through all the steps, you will see that your Wallet has been connected, click Open Discord, and you will now be in the Holder Club of SIX Network Discord.

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Passionate about financial world and is an inverstor too! Giving out news update and blog post every month.
Visit us at SIX Network for more.

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SIX Token is Listing on Gate.io, Leading Global Digital Asset Exchange on 19 November 2024

SIX Token จะถูกลิสต์ขึ้นบน Gate.io กระดานแลกเปลี่ยนสินทรัพย์ดิจิทัลนานาชาติชั้นนำ วันที่ 19 พ.ย. 67 นี้

SIX Token หรือ $SIX ลิสต์ขึ้นสู่แพลตฟอร์มใหม่แล้ววันนี้ บนกระดานแลกเปลี่ยนสินทรัพย์  “Gate.io” หนึ่งในแพลตฟอร์มการซื้อขายสินทรัพย์ดิจิทัลที่มีชื่อเสียงระดับโลก และมีความโดดเด่นเรื่องการรองรับสินทรัพย์ที่หลากหลาย มีฟีเจอร์การใช้งานบนแพลตฟอร์มที่ทันสมัย และมีมาตรการความปลอดภัยที่แข็งแกร่ง ซึ่งการลิสต์ SIX Token บน Gate.io ครั้งนี้ จะทำให้ผู้ถือเหรียญสามารถเข้าถึงการลงทุนได้มากขึ้น และเป็นการเปิดโอกาสให้ SIX

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SIX Protocol Individual Node Validator: The Big Opportunity For Small Group

SIX Protocol Individual Node Validator: The Big Opportunity For Small Group

individual-node-validator

Table of Contents

What if you are a single particular person who yearns for the opportunity to be a node validator for a blockchain? What if you have no essential to pass the basic requirement to register to become a node for other networks?

 

SIX Protocol Partnership Program is nearly to commence another opportunity to enrich our ecosystem with the Individual Node Validator program after Business Node has been settled to the public enterprise for a period of time. 

The Business Node Validator was made specifically, hence the name, for businesses and organizations which can exploit SIX Protocol Toolkits that will help elevate the business operation into a blockchain full course. 

 

The criteria required to set up Business Node Validator respectively using a big amount of 1 million SIX tokens to stake in the system, but in contrary with the possibilities and functionalities to scale up the business to Web 3.0 is a reasonable investment price.

Jumping Start with SIX Node Validator

Just a quick recap of the main point leading to how interesting Node Validator could be, receiving fruitful benefits, and contributing to a blockchain ecosystem. Though you may see the potential to grow under SIX Protocol to become one of the validators, you have no business service here is your chance to enroll for an important role in the blockchain industry.

SIX Protocol Individual Node Validator is offering this initiative for people who are interested to join whether you are from any job field no matter who you are, a self-employed, professional, or office worker; you are all welcome to set up an Individual Node on SIX Protocol chain.

The eligibility and requirements to set up a node validator basis require

20,000 SIX tokens to stake in the individual node variation.

Once your validator starts, you will receive the passive rewards you may earn shared from the protocol’s gas fee according to the percentage of its validation period that has passed.

Role Title and Benefits of Individual Node Validator

☑️ Let us discuss the role node staker will contribute to the system

– Distributed consensus protocol.

– Execute transaction.

– Maintain and execute the performance of blockchain infrastructure.

 

☑️ Benefit

– Be a part of block validation in the chain.

– Receive passive reward shared from the gas fee.

– Inclusive opportunity with the network.

 

Everyone can have the opportunity to become a node validator for a blockchain network no matter what are the objectives or role you are in. Generally, it requires a large amount of funds, but SIX Protocol Partnership Program is granting a big opportunity for a particular group of people and individual blockchain enthusiasts to join with ease.

 

If you are interested to buy a node you can fill in the form here 👉 https://forms.gle/wAQzLcXijneVuC3i6

 

✅ Individual Node Validator program is around the corner and we encourage you to get in touch and don’t miss out on the advantages you have. SIX Protocol

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Passionate about financial world and is an inverstor too! Giving out news update and blog post every month.
Visit us at SIX Network for more.

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SIX Token is Listing on Gate.io, Leading Global Digital Asset Exchange on 19 November 2024

SIX Token จะถูกลิสต์ขึ้นบน Gate.io กระดานแลกเปลี่ยนสินทรัพย์ดิจิทัลนานาชาติชั้นนำ วันที่ 19 พ.ย. 67 นี้

SIX Token หรือ $SIX ลิสต์ขึ้นสู่แพลตฟอร์มใหม่แล้ววันนี้ บนกระดานแลกเปลี่ยนสินทรัพย์  “Gate.io” หนึ่งในแพลตฟอร์มการซื้อขายสินทรัพย์ดิจิทัลที่มีชื่อเสียงระดับโลก และมีความโดดเด่นเรื่องการรองรับสินทรัพย์ที่หลากหลาย มีฟีเจอร์การใช้งานบนแพลตฟอร์มที่ทันสมัย และมีมาตรการความปลอดภัยที่แข็งแกร่ง ซึ่งการลิสต์ SIX Token บน Gate.io ครั้งนี้ จะทำให้ผู้ถือเหรียญสามารถเข้าถึงการลงทุนได้มากขึ้น และเป็นการเปิดโอกาสให้ SIX

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