Report post

What is a 4K NFT & how does it work?

The 4K marketplace offers NFTs that were once physical goods. NFT buyers can redeem an NFT on the platform for a physical item. NFTs and luxury watches share similarities, as they both can be collectibles and appreciate in value. However, it’s rare to see NFT holders exchange digital assets into physical items or vice versa.

What is NFT & how does it work?

Customers can redeem the NFT for the physical item, sell the NFT on the 4K marketplace or other marketplaces, hold the NFT for safe storage of the physical item, or even use the NFT as collateral for the loan. The platform ensures that the storage facilities are insured and have the appropriate climate for the collectibles.

What is 4K protocol?

4K Protocol allows anyone to bring physical assets on-chain by transforming real world items into Physically-Backed NFTs. 4K Protocol allows anyone to bring physical assets on-chain by transforming real world items into Physically-Backed NFTs. 4K PROTOCOL Bridging the Physical and Digital Worlds. Web3's most trusted Physically-Backed NFTs.

What is a 4K marketplace?

The 4K platform is more than just an NFT marketplace. It also allows users to exchange the NFTs they purchase on the website in return for the physical form of that item. So, rather than purchasing an overpriced luxury item on StockX or GOAT, people have an alternative platform where they can search for collectibles. What's the 4K marketplace?

Related articles

Canadian Authorities Initiate New Project to Combat Crypto Fraud

Canadian Authorities Initiate New Project to Combat Crypto Fraud2024-09-06 09:48:40The Alberta Securities Commission (ASC) has collaborate […]

Canadian Crypto Exchanges Faces Deadline For CIRO Membership

Canadian Crypto Exchanges Faces Deadline For CIRO Membership2024-08-06 23:33:50Canadian crypto exchanges face a looming deadline to comply with new regulations, specifically CIRO membership. With the crypto deadline approaching, exchanges are scrambling to adapt and ensure regulatory compliance. The question arises: are Canadian exchanges urgently pursuing regulatory compliance? This article explores the challenges and opportunities facing Canadian crypto exchanges as they navigate the changing regulatory landscape.

Best Ethereum ETFs In Canada For 2024

Best Ethereum ETFs In Canada For 20242024-08-01 02:52:21Discover the top Ethereum ETFs in Canada for 2024, including a comprehensive guide on what Ethereum ETFs are and how they work. Learn about the evolving investments in Ether ETFs like ETHR and CI Galaxy’s ETHX, as well as the purpose and benefits of investing in ETHH. Stay ahead of the curve with our curated list of top Ethereum ETFs for Canadian investors.

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms2024-07-25 15:35:16On Wednesday, Bitcoin mining firm Riot Platforms announ […]

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction2024-07-21 22:57:17Solana ETFs’ approval prospects and SOL price predictions are gaining momentum, with investors speculating on the potential impact of these funds on SOL’s growth. The outlook is being closely watched, especially during U.S. elections, as market sentiment could shift. While CME futures are not yet a necessity, the ETF approval may serve as a significant catalyst for SOL’s price movement. Stay tuned for updates on this developing trend.

The World's Leading Crypto Trading Platform

Get my welcome gifts