The waitlist for anyone who wants to buy one of the new Hashmasks x Tierra Virtua vFlects is now open. These tokens are a new way that NFTs can be issued, and feature 3D artwork of vFlects wearing a Hashmask.
3D animated vFlects are a brand new way for people to own collectible NFTs, and also earn royalties from the items they own. This kind of structure is appealing to collectors, but also to speculators who think that vFlects will rise in value.
The original vFlect is popular, and the entire Terra Virtua & Hashmasks Exhibition can be viewed by following this link. With NFT-backed art on the rise as both a collectible and investment, this new series of vFlects will likely find buyers that are happy to enter the market.
Hashmasks x Tierra Virtua Join a Powerful Movement
There are more than 16,000 Hashmasks, and the new structure that allows owners to earn a royalty from the vFlect collection could make these collectibles a trendsetter. The original vFlect is one of the most popular items from Hashmasks, and sells out quickly.
In this new issuance, there will be 73 new Hashmasks hitting the market on a weekly basis, with a total of 500 sold in all. With such low numbers, if the series becomes popular, prices could rise substantially from the original levels.
There is a range of rarities that are in the series, and the levels are as follows (figures are per week, and are quoted in USD):
- Platinum – 1 – $7,500
- Golden – 3 – $2,000
- Mythical – 9 – $500
- Legendary – 20 – $200
- Special – 40 – $75
These artworks are digital native and can be freely traded and sold like any other digital item. They will be joining a thriving market for digital collectibles that are freely owned by their buyers, and are becoming more popular all the time.
The NFT Boom is Growing
2021 may go down in history as the year of the NFT.
There has been no shortage of interest in NFTs, with billionaires like Mark Cuban talking up the digital assets, and creating new ways to use the tokens. Not only does he see them in a commercial sense, Cuban also supports their use as a form of art.
Famed film director Kevin Smith recently released a movie on an NFT and is very excited about the space.
He thinks it is fun, and it makes him feel youthful again. This move by Smith may also spur others to do something similar, and help to revise the existing Hollywood distribution model.
“I was like, ‘Well, that sounds fun. Wouldn’t that be more fun than trying to go out there and shop it from studio to studio, distributor to distributor, as per usual?’”
With so many big names getting involved in NFTs, the amount of time it takes to create major global market penetration may be far less than it took with cryptocurrencies, which didn’t have loads of celebs promoting them in the early days.
There are many advantages to digital art. Unlike physical art, which can be hard to transport, or has a limited number of buyers, digital art has a global audience.
Tierra Virtua is Helping the NFT Space Reach New People
Tierra Virtua is creating opportunities for numerous forms of art to reach collectors across the planet. The platform is home to many kinds of NFTs – from digitally created works such as vFlects, to existing works that are entering the digital space for the first time.
While the move into NFTs has been fast, there does appear to be lasting value in the sector. Like any market, it is a good idea to research the items you plan to buy before spending any money, so you understand how to stay safe.
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