Northeastern Blockchain’s NFT 101 Student Panel
On Monday, September 27th, the NEU Blockchain Organization hosted its first-panel event with three current Northeastern students working on unique startups with NFTs. Over $6.5 Billion in JPEG sales on OpenSea so far this year and 99% of the world still has no idea what an NFT is. This week we discussed what NFTs are, the future use cases, student projects, and more.
In case you missed the meeting or want to rewatch it, the recording of the event can be found here.
Event Recap
- An NFT or non-fungible token is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.
- NFT have the potential to open up brand new markets in the blockchain ecosystem from being the backbone of the creator economy to new use cases as keys to future defi protocols
- If you are thinking about buying an NFT, buy a name-brand NFT and hold it. Examples include Crypto Punks, Vee Friends, Koala Intelligence Agency, and more
- NFTs have endless use cases. Renting cars, scooters, other people’s NFTs and so much more.
- But why rent an NFT? Some of the projects have special events for NFT holders such as speakers, networking events, parties, jobs, and now new tv shows.
How do students get involved?
- All of the speakers are hiring! Reach out and see where you can help out, even if you have no experience.
- Ask Questions
- Reach out to peers and projects. You never know who might respond
- Buy an NFT, make an NFT, mint an NFT.
- Get involved in communities on Discord, Twitter, and Reddit
About the Speakers
Christian, a third-year student at Northeastern and the Founder of Hype. The MVP is on the way! Hype is the first platform where you can buy and sell memes, videos, and other things you think could blow up. Think of Hype as a collaboration of Robinhood, Tik Tok, and various other platforms where you and the creator can profit on content.
Krishnan is the Co-Founder of Viridian Exchange.
Viridian Exchange is a revolutionary platform that brings physical collectibles to the digital world via NFTs. On the exchange, users can buy, sell, and trade NFTs that are backed by an underlying physical collectible (starting with rare Pokémon and Sportscards). Not only can users exchange cards, but they can also show off their cards in a curated digital portfolio, that other users can follow, like, and interact with like a social media for collectors. The collectibles are stored and insured in a vault-like, temperature-controlled facility and can be withdrawn and shipped out at any time (at which point the NFT is burned). With this model, users can experience the tangibility of physical collectibles with the security, transparency, and efficiency of blockchain-backed transactions.
He is launching the test net within the next month, where users will be able to experience Viridian Packs, cards, and profiles along with their unique trading/offers system. Sign up for the whitelist here to get access when the beta is available!
Website: http://www.viridianexchange.com
Twitter: http://twitter.com/viridianex
Telegram: https://t.me/viridian_exchange
Medium: http://medium.com/@viridian-exchange
Linkedin: http://linkedin.com/company/viridian-exchange
Max, Co-Founder of Solon is currently in a self-made co-op to launch his project.
Solon is a new type of automated market maker (AMM)(a platform like uniswap or balancer). It’s the first AMM to allow pool managers to fully mitigate impermanent loss (the only risk in supplying liquidity). This allows for the creation of the world’s first network of decentralized hedge funds, as users have the ability to not only invest in the underlying assets just like they would by normally holding them in their wallet, but in addition to the profit, they make off of their cryptocurrencies they make an additional small APR in trading fees. We’re also the first AMM to have concentrated liquidity (UniSwap V3’s most innovative feature) with an n-dimensional value function (so you can create pools with concentrated liquidity with as many cryptocurrencies as you want instead of just 2). Our ecosystem for the first time also allows for pool managers to not only make money managing their own funds but also a percentage of user profits who enter their pools (these pools include NFTs and cryptocurrencies).
Solon is also a decentralized marketplace for fractional and whole NFTs where you can buy, sell, and for the first time rent NFTs (without the need for collateral).
Solon’s ecosystem also includes the world’s first real Defi hardware product that allows for anyone anywhere to use a card to purchase NFTs and any cryptocurrencies through our decentralized exchange without the need of copy and pasting address between your bank, centralized exchange, and Defi wallet. It can also convert crypto back to your local fiat with the click of a button. Allowing users in 3rd world countries access to more stable currencies like USDC. They have the ability to store their money in USDC with our product and whenever they need to buy anything in their local currency they just click one button.
Solon is currently getting ready for an NFT sale which is a decentralized pre-ICO. There are 2,186 NFTs each one is a 1/1 liquid AI piece and they come with benefits in their ecosystem as well as some of their cryptocurrency. They’re doing this non-profit decentralized NFT sale to raise funds for a top tier smart contract audit to show not only does their code do what they say it does, but it’s secure
Website: https://solon.finance/
More info: https://medium.com/@solondefi?p=d7608095c5e7
Discord: https://discord.gg/XVvkEtVe
Learn more about NEU Blockchain Organization
For more resources about future events and join our community click here. Do you have questions? Or are you interested in speaking at our events?
Get in touch with us and send an email to neublockchaingroup@gmail.com
Written By Bennett Thompson
