San Juan, Puerto Rico, December 6, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – BOTS, Inc. (OTC: BTZI), (âBOTSâ or âThe Companyâ), a global technology conglomerate specializing in blockchain-based solutions, including decentralized financial applications, cybersecurity, crypto generation, mining equipment repair and warranties, today announced that May 18, 2022 is a day worthy of being commemorated by museums and digital art circles. China’s First NFT Museum will hold a grand opening and celebration ceremony at the Wenchang Aerospace International Film and Television Center in Hainan, China. It now solicits works from artistic associations, artists, calligraphers, network media and digital art enthusiasts at home and abroad, in all provinces and regions of the country and around the world. At the same time, the first exhibition of works by invitation of the “Museum of digital art” of China will be held. BOTS, Inc, is the lead partner in developing the North American interest and will share the revenue with the Digital Art NFT Museum when NFT buyers arrive as well as the revenue share when the Digital Art NFT Museum sells NFTs that BOTS, Inc. brings to the NFT Digital Art Museum.
BOTS, Inc. will also provide extensive expertise in cooperating with cryptographic and technical aspects of the creation and exposure of NFT.
CNN reported in March that NFT’s artwork had sold at auction for $ 69 million. This first Non-Fungible Token (NFT) virtual artwork sold at a major auction house was sold for $ 69,346,250 at an online auction hosted by Christie’s.
The record-breaking sale of “Everyday: The First 5000 Days” catapults creator, Mike Winkelmann, who passes Beeple, near the top of the most expensive living artists to date, placing him just below David Hockney and Jeff Koons. Hockney’s painting “Portrait of an Artist (Pool with Two Figures)” sold for $ 90.3 million in 2018, while Koons’ stainless steel sculpture “Rabbit” topped the list with 91.1 million dollars in 2019.
Forbes also reported in March of this year that the raging NFT market over NFT market capitalization rose 1,785% in 2021 as demand explodes. Demand for NFT continues to increase and the NFT market shows no signs of slowing down. In less than three months, the combined market capitalization of large NFT projects increased by 1,785%.
Businessinsider.com reported in July 2021 that NFT’s sales volume soared to $ 2.5 billion in the first half of 2021, as artists, celebrities and even Twitter and CNN joined in the craze for the. cryptography. Non-fungible token (NFT) sales volumes hit a record $ 2.5 billion in the first half of 2021, according to DappRadar, as artists, celebrities, businesses and even government institutions joined the craze. for crypto and created a hot market for digital tokens.
Digital analytics company DappRadar, which tracks data on decentralized applications, including NFT sales platforms based on blockchain networks like Ethereum, has noted the explosion in growth, especially in the past 12 months.
âIn 2020, the total amount of volume generated by the NFT collections tracked by DappRadar was equivalent to $ 94,862,807. What’s even more impressive is that at the end of Q2 2021, that figure stands at nearly $ 2.5 billion, âthe company said in a blog. post last week.
Here are some NFT statistics provided by EarthWEB: * NFTs are a new way to prove ownership of digital goods. They have been around for less than ten years. They have only recently started to transform into their own market with the emergence of alternatives like Enjin Coin, specially designed for gaming communities. For example, an NFT sold last year was valued at $ 69 million, making it the most expensive virtual item to ever trade on any platform in history.
* There are $ 10-20 million worth of NFT sold on blockchains every week.
* The total value of NFT sales in 2020 was $ 250 million.
* Nonfungible.com surpassed a value of $ 2 billion in 2021.
* The collectibles market is the fastest growing of all other markets.
The rise of digital art and NFTs have swept the world. NFTs became the most searched word in the online world in 2021. NFTs have already captured the attention of the Louvre in Paris, the British Museum in London, and the Metropolitan Museum of Art in New York. The Palace Museum also discreetly hosts NFT exhibitions, and major institutions and investment funds also showcased NFT’s future development model, hailing the day the market arrives. In fact, the era of the NFT museum has arrived and there have been cases where the first auction has taken place. The digital art museum will be used to display various NFT collections, allowing people to experience the scientific and technological achievements of the combination of traditional culture and modern technology.
At present, the cultural and artistic industry is undergoing the impact of high-tech networks in the new era. Therefore, NFT is an important vector for the generation of a new cultural and artistic heritage in the digital age. The distribution model of artistic and creator rights and interests offers new channels for the sale of digital works of art. NFTs can effectively provide a new support and consensus mechanism for works of art, open the door to the digital world beyond physical borders, and also usher in a new era of digital art development.
EquityArt, BTZI’s BeadSWAP partner, is the developer of the Digital Art NFT Museum in China.
About BOTS, Inc.
BOTS, Inc. is a global technology company specializing in Blockchain-based solutions, including decentralized financial applications, cybersecurity solutions, and has a portfolio of digital assets and crypto-related businesses such as BeadSwap, a decentralized crypto exchange, Bitcoin ATMs and corresponding US patents and Cyber ââSecurity Group LLC, an ISO / IEC 27001: 2013 Information Security Management System certified company. The Company also provides consulting, optimization and repair and insurance services for crypto-mining equipment.
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