Mooning.com - Our Thoughts On NFT Marketing
Why Mooning?
We created this site because we think that marketing is a fun, creative and complex field to work in. We want to help marketers, who are faced with increasingly sophisticated internal and external pressures, keep the spark alive. With wit, irreverence and a dash of glamour we will explore the latest developments across marketing channels so you can keep apace with what’s happening in your industry or business sector. We’re also experts at marketing NFT’s & much more.
If we step back for a moment, the release has caused an incredible amount of noise for an industry that has already been making headlines for months. The reason? In a word: regulation.
The world of cryptocurrency (we are going to use this term for the remainder of this article, although crypto is also widely used) has been operating largely in “wild west” territory—unregulated by any governing bodies. The lack of regulatory oversight has caused significant pain for the people and businesses in the space, especially the exchange operators who have had their funds stolen or have been forced to completely shut down due to theft by hackers.
This is where the question of “where is the line?” comes into play. The definition of what constitutes a crypto exchange is initially very broad—it can include things like “a location from which users can acquire virtual currencies,” or it can be “a person or an entity that enables customers to trade on established markets for virtual currency.
Mooning.com FAQS
What is an NFT?
NFTs are unique digital assets that are not necessary to use blockchain technology. NFTs are like perpetual merchandise, and each one has a unique identity and can exist on the blockchain forever in its own way. Since they have identity, once they come into the world it’s possible to track their ownership at every level. More importantly, they can be traded or sold on secondary markets just like any other token.
NFTs are like digital assets that exist on the blockchain and provide a way to secure and track ownership.
Who owns NFTs?
Ownership of NFTs is distributed among many different types of organizations. The most prominent type is the “minter,” who creates new assets that are not necessarily created from scratch. With these assets, there is always a “minting” process that creates units of the asset. As an owner you can own a large percentage of the assets.
Some minted assets like CryptoKitties are distributed to the community based on an auction or similar model. Other types of minting may involve a faucet, where an asset creator gives away NFTs for free in order to increase interest.