It seems that social media may be on the verge of transformation. Many major platforms have begun to integrate with digital assets, such as NFTs or crypto payments. Twitter’s Jack Dorsey (Bitcoin bull) is leading the charge in a race that many began years ago. Technology is just beginning to catch up.
Twitter has recently made it possible for users to upload their NFTs to their profile pictures as part of the Twitter Blue initiative. Reddit, Instagram and Reddit could all soon integrate NFTs into social media platforms.
This sector has experienced unprecedented growth, with 2022 poised to see another year of increased adoption of these digital assets. According to Reuters, NFT sales reached $25 billion in 2018, which is a staggering 26,000% more than 2020.
This sector is gaining attention from institutional and retail investors because of its potential for transforming multiple industries such as fashion, entertainment and gaming. NFTs have the potential to disrupt large industries that are worth billions.
The sector’s total revenue is projected to rise to $80 billion by 2022 due to the increasing interest and demand as well as inherent scarcity. The sector’s implementation is planned for social media platforms with billions of monthly active users will only contribute to these digital assets’ upward trajectory.
Novatar, an NFT-demanding project, was created before the big tech companies entered the fray. Novatar, a collection that focuses on the NFT sector and offers its owners a high-tech approach.
Novatars’ Unique Features and The Novatars Collection, Helping You Create A Digital Identity
Novatar was created to combine the benefits of digital assets and the use case for digital identities. Novatars includes 25,000 virtual baby avatars, each with their own set of advanced technology features.
Novatars, in this sense was created to transform the interaction between users and their NFTs. Novatars embraces all aspects of human life. Blockchain technology supports the baby avatars’ ability to age.
The NFTs on this collection have different traits, facial expressions, and other characteristics granted by their “genes”, a feature that complements its aging mechanism. These genes determined Novatar’s hairstyle, eye color, race, sexual orientation, clothing, and other traits.
Artificial Intelligence generates the Novatars collection automatically. This celebrates diversity and attempts the complete lifecycle of the human being on the blockchain. One month after the NFT was created, you can activate it.
You have the option to either keep your NFTs as a baby or trigger the irreversible transformation that turns them into adult. Novatars gain more traits and genes as they get older.
Novatar Project: Next Steps
The project will hold a February 27th sale to allow investors to purchase one of the Novatar NFT 25,000 models.Th, 2022.
Interess users will need to create an email address and link their crypto wallets using browser. The user will then be added as a Wishlist member and have access for 15 minutes to purchase one of the 10,000 Novatars, which are available at 0.1ETH. Following this event, items from the collection are offered for sale in a Dutch Auction with limited numbers of NFTs.
The Novatar team will continue to work on the Novatar collection after the pre-sale. Users can now see and verify the enormous potential of the collection, and how it could be the leader of the sector.