Looking at the 30,000ft level, a NFT Video series is a netflix type service that allows you to watch a series of videos that the content creator of the NFT has created. The NFT is proof of ownership that you have purchased the rights to view the series, much like PPV (pay per view)
NFTs (Non-fungible Token) are part of an Ethereum based blockchain. The concept is similar to cryto-currency, with the token is supported by a smart contract. This smart contract supports the token and cannot be updated and can invoke other smart contracts. Based on the smart contract, you are able to potential gift, sell or transfer the NFT as well as support financial rules under these transactions.
In order to get a NFT you must have a wallet that supports them such as MetaMask, Coinbase and many, many, many, many others. After your purchase which is in some form of a Ethereum, you must transfer the NFT into your wallet. Now you are able to use it for different metaverses and web apps.
There are different blockchains that support NFT such as Ethereum (ETH), Polygon (MATIC), Binance Smart Chain (BNB), Avalanche C-Chain (AVAX), Fantom Opera (FTM), and many more.
Congratulation, you just became a crypto-expert as you joined 6% of the US population that has some form of crypto-ownership. Currently the future is still being written for what you can do with that NFT.
One of the ways we are Registrix believe that you will be able to use an item like a sweater for your avatar between different platforms and games. We are leading the path for NFT Video Series and Live Streaming Event hosting. We have developed a platform that allows you to open your wallet and use that NFT in order to let you watch or be part of an event on any device.
Image going to a friends house that has a 85" television on the wall. You would be able to download a smart app to their TV. The app would then display a QR code for you to use your mobile device and scan using your wallet, which then unlocks the live concert event, fight, soccer match or any high value influencer. No profile to create, no username or password to enter. Just install, open, scan Watch !!
The other unique feature of Blockchain and NFT is the data is publicly available. Any application can be written to review the token and validate the ownership. This is something that the Blockchain has allowed. Because of this you can validate NFT in different metaverses, web apps, smart TV apps, mobile device apps just the name a few.
Many use cases are still be developed, but this is what we have pitched to clients:
On your computer or mobile device, you would go to the brands Registrix web app or website. An option allows you to decide what wallet you want to open. If you are on a desktop/laptop and your wallet is on a mobile phone, this is no problem. The app will display a QR code for you to use on your mobile device's wallet QR scan feature. This technique is very simple and easy for the consumer to gain access to content.
In terms of security, we at Registrix feel that this is a very secure environment:
After you open your wallet and selected the correct account, Registrix will then seek out the NFT that is used in this web app. Several things can now happen depending on the setup of Registrix
If you are a company or brand that can benefit from having a video series that relate to your NFT, either current or new, you can find out more information about how the Registrix NFT Video series can be part of your offering