Collect unique digital masterpieces together with NFT from CosmoMasks
Collecting high art is reaching a new digital level. Just as they used to buy paintings by famous artists at auctions, today connoisseurs collect unique digital items. They are called NFT (non-fungible tokens). Such tokens are issued on the blockchain and grant their owners the right to own certain virtual or real items.
A simple example of using NFT-tokens is collectible video clips from NBA games, which the association sells through its own platform. The cost of one tokenized video reaches $208,000.
Another high-profile example is the token created by Grimes, Canadian musician (yes, the same beloved of Elon Musk and the mother of his son named X Æ A-12). In just a few minutes, she earned $5,8 million with it.
The most striking example in the area of arts is the burning of a painting by the famous street artist Banksy live and turning the work into virtual NFT token. It was done by Injective Protocol, the blockchain company, that previously bought the painting from New York’s Taglialatella Gallery for $95,000. Interestingly, Banksy’s canvas depicts an auction and a painting with a scribble that reads “I can’t believe you morons actually buy this shit.” It is symbolic, given that in the future, almost all art objects will be tokenized, and auctions with the sale of real paintings will sink into oblivion.
The NFT market continues to grow, with large companies, game developers, sports clubs, celebrities and, of course, representatives of contemporary art entering it.
Cosmic collection of NFT tokens from CosmoMasks
СosmoMasks is a new NFT project implemented by more than 50 contemporary artists enthusiasts from all over the world. The collection will include 16,410 unique digital paintings-tokens devoted to the conquest of space and the exploration of new planets.
The authors of the project were so inspired by the idea of discovering new galaxies and the search for extraterrestrial life that they even placed elements of unknown space technologies of the future on their paintings. You can view the gallery of digital paintings on the official website of the project.
Just as astronomers and researchers give names to the discovered cosmic bodies, so each token holder can become a co-author of selected works of art by giving them its own name on the Ethereum blockchain. For this purpose, the Сompany’s CMP token (CosmoMasks Power) is used. Within 14 days after the sale launch, each participant will receive 3,660 CMP for 1 year (the possibility of two changes to the name of the digital picture). Further, each year, the owners will receive 1,830 CMP for each image.
With 1,830 CMP in your account, you can burn these tokens and change the name of the picture again.
Since the CMP issue is limited, there will come a time when a name change will become impossible (March 14, 2031). At this point the painting will be considered completely finished, and the final touch to the work of art will be put by its owner. Thus, by buying NFT artworks you become not only the owner of a rare work of art but also its co-author.
COSMO Ecosystem
COSMO TOKEN is an integral part of the entire project ecosystem. The COSMO token will always be backed by real products and services. For example, when each digital picture is released, 1,0 million tokens are issued and distributed to exchanges. COSMO is an internal cryptocurrency for all current and future projects of the team. In the future, you will be able to buy new collections not only with ETH, but also with COSMO, while token holders will have priority purchase conditions and more favorable prices.
10 collectible paintings for true art lovers
The authors of CosmoMasks have prepared a real surprise for art collectors. After selling all 16,400 paintings, access to the last 10 will be opened. These artworks will be the most valuable in the collection, each of them will be connected to another one with a golden thread of symbols passing through each character and uniting them.
Token distribution mechanism
The authors of CosmoMasks have come up with an interesting mechanism for buying collectible tokens. To keep the process as fair and transparent as possible, buyers will not know which painting they are getting for 14 days after the sale launch (March 14, 2021, at 4 PM, CEST). You can follow the progress of the project launch in more detail on the official Twitter of the project.
At the moment, all digital paintings have already been created, but not yet indexed. The indexing will be done only at the end of the sale using a special mathematical algorithm that randomly shuffles all the pictures. As for the prices of collectible digital NFTs, they start at 1 ETH and grow in accordance with the chart below.
How to become the owner of NFT paintings from CosmoMasks?
Space paintings from CosmoMasks are truly unique works of art that are of value to collectors and investors from all over the world. The opportunity to become a co-author and give the pictures one’s own name makes the project really interesting for the community, and the value of NFT tokens will only grow over time. You can get up-to-date information about the project on the Telegram channel.