Notable Crypto: eNFTs and Celebrities

Along with Notable Crypto comes new eNFTs, proposed by the technology company ChainLab, in collaboration with Velvet Media, a well-known marketing agency.

This new type of non-fungible tokens will have a new use and, thanks to Notable, they are destined to change the relationship between celebrities and fans.

What is notable and what are eNFTs

Remarkable aims to be one NFT marketplace. In other words: a website where you can create, sell and exchange non-fungible tokens. For now, this doesn’t sound like anything world-wide for the crypto world.

Still, there’s a novelty to it, and Notable has made a name for itself. In fact, the platform will be focused on a specific type of asset: eNFT. What is special about these new tokens is that they are linked to a physical or digital experience.

Let’s look at a few examples to better understand what we are talking about.

With the new eNFTs, it will be possible to shoot a penalty shot against the goalkeeper of your favorite team, be backstage with your favorite singer and have many other experiences related to the celebrities everyone has always admired.

The peculiarity is that the entire process, up to the realization of the experience, will be guaranteed by Notable’s smart contracts, based on Blockchain technology.

The project described by those involved in it

Notably, since its inception, has been a project supported and partially implemented by Velvet Media, a Veneto-based agency known for conceiving the first metaverse dedicated solely to music.

Chief Innovation Officer is Andrea Zaniolowho said:

“A few years ago, we were the first to bring the concept of phygital into events, transforming them from physical to virtual. We saw in this ChainLab project the opportunity to bring fans closer to their icons, allowing the influencer to profit directly from the creations theirs and monetize their popularity.”

Riccardo Caneveon the other hand, Notable’s Chief Operating Officer went on to explain the project’s business model in more detail:

“The peculiarity of eNFTs is actually the royalty on each asset exchange: the creator will earn for each future transaction between users with a percentage of the revenue. A kind of secondary market also arises, of fans who invest in young artists and sell eNFTs when they increases in value.”

Finally, we know that the eNFT business is ready to take off in Italy as well Luca De Zordopoints out the CEO of Notable in his own words:

“In this initial and testing phase, around fifty influencers have expressed their interest, representing a total of over two million followers and who will provide a dozen different experiences. For them, it is a business. In fact, when the token is purchased, the user will also be able to consider a medium-term investment, by keeping the token on the platform or in his personal wallet. If after a certain time the artist’s popularity grows, his NFTs will increase in value and the buyer will be able to resell them.”

What is notable crypto: The NBL token

Before the newly launched innovations, the Notable ecosystem seems to be tied to a token in its entirety, called NBL. The NBL token represents an asset originally belonging to the well-known BEP20 token type.

Although the project is new, it is possible to find a lot of information about the cryptocurrency, even within recognized exchanges.

In fact, in addition to having their own independence within the crypto marketand thus trying to find its way among the big names in the industry, NBL plays important useful roles in the ecosystem.

Tools that can be associated with both potential fans and creators. For creators, it offers advanced features and increases in royalties (considering future NFT trades).

In addition, it offers exclusive access to drops, specific discounts on fees and the opportunity to participate in crypto staking activities in the ecosystem.

So, although the remarkable NBL token is still a relatively new cryptocurrency, it has already had the opportunity to be featured on some of the best trading platforms in the crypto world, which also allow users to get started with convenient zero-cost demo accounts.