Press Release

How do KAKLAB and NFT change traditional market?

Published

4 years ago

April 12, 2021

Today, blockchain is more than a technology. Not only has blockchain developed its own unique culture and values, but also begun to integrate with the traditional world. The unique code value in the cryptocurrency economic system began to extend to various cultural circles including art, music, movies, games, and many other fields.The global popularity of NFT assets is the most direct manifestation of this integration of culture and values. We perceived this integration and began to study the market value it has brought about and build an infrastructure to support it. Then the legend of KAKLAB started.

KAKLAB is created for digital content and cultural market, aiming to achieve a fair, safe, high-performance, scalable and versatile blockchain infrastructure. KAKLAB will be realized in two stages: building a distributed file storage system KAK File, and creating an NFT asset protocol through smart contract. In the first stage, KAKLAB will realize permanent storage of digital content achieved by IPFS underlying protocol; in the second stage, KAKLAB will realize multiple NFT-related protocols, cross-chain transfer, DApp development, etc. achieved by smart contracts.

NFT has grown with sub-categories. In the next 3 years, large sectors such as games, art, sports, collections, social and virtual world will be derived into different subculture circles.

The reason is that NFT has different effects on different sectors. We will use several cases to illustrate this.

1）Advantages of NFT Collections

A. More forms

There are many types of traditional collections. Take star cards for example. In addition to star pictures with basic information, NFT star cards also come in the form of short videos or GIFs, thus making star cards more diversified and attractive for collectors.

B. Less storage difficulties

Physical collections may be oxidized or damaged during the preservation process. Once NFT collections are digitalized on the chain, there will be no storage or transportation problems. NFT assets can be stored in digital wallets that greatly reduces the collection threshold and attracts more players. In addition, the stronger liquidity of assets on the chain gives NFT collections more ideal investment attributes.

C. Less copy risks

Because of the imperfect regulation of collection trading market, fabrications are likely occurred in the secondary market, so that players may buy very low-cost fakes at high prices. With the help of smart contracts, the origin and transactions of each NFT collections can be tracked, ensuring the uniqueness and tamper-proof, and eliminating the possibility of fraud.

2）Advantages of blockchain games

A. Players own the assets

In traditional games, the ownership of game assets belongs to developers, who can transfer or change assets at will. However, in blockchain games, game assets exist in the form of NFT through smart contracts, and users can truly own the game assets.

B. Permanent and secure data storage

In traditional games, there is a risk of being tampered with that many well-known games have fallen because of this. However, blockchain games are based on blockchain technology that data can be permanently stored and cannot be tampered with because hacking and attacking distributed ledger requires very high costs.

C. Open source development

Code of traditional games is not open source, that is, rules were made by game manufacturers. However, blockchain games are peer-to-peer ecosystems. The code of blockchain games is open source that developers have full creative freedom.

3）Advantages of crypto artworks

A. Lower costs and higher liquidity

In the traditional art market, trading places are limited to galleries, auction houses, etc., through intermediaries. The disadvantages are obvious: high circulation costs, low exposure, strict restrictions on time, region, and people. Then the high liquidity of the NFT can bring economic benefits to art trading market.

B. Creators earn copyright income

The exhibition and circulation information of NFT artworks will all be recorded on the blockchain, which is convenient for reviewing and tracking. NFT protocols such as ERC721 clarify source and ownership of artworks, so that creators of NFT artworks can still get the resale dividend.

4）Digital identity realized by community NFTs

A. The identity value of community NFTs

NFTs issued by the community creators encourage people to contribute to the community. Only specific members hold NFTs are eligible to enter core areas, such as online discussion group to achieve voting, management, information or services, etc.

B. Value of community NFT

Community NFTs will gain value support in the continuous development of fan economy. Taking personal community NFT as an example, fans can access the issuer’s works on all social platforms. The higher the personal influence is, the higher the price of NFTs will be.

KAKLAB has already cooperated with several companies in the traditional industry to develop a series of blockbuster NFT IPs. In the near future, more and more famous works will release its own NFT products.

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Press Release

Josiah Grauso Encourages Community to Give Back in 2025

Published

3 minutes ago

January 10, 2025

Cloud PR Wire

Financial Leader Highlights the Importance of Supporting the Less Fortunate and Shares Ways to Volunteer in Pennsylvania

Pennsylvania, US, 10th January 2025, ZEX PR WIRE, As the holiday season approaches, Josiah Grauso, a Certified Senior Advisor (CSA) and Vice President of ASC Financial Group, is calling on individuals and families to embrace the spirit of giving. Recognized for his commitment to community service, Josiah is advocating for increased support for those in need during this critical time of year.

“The holidays are a time for gratitude and reflection,” Josiah said. “It’s also a time to recognize that not everyone is as fortunate. By volunteering or donating, we can make a significant difference in the lives of others and bring hope to our communities.”

Josiah’s advocacy is rooted in his personal experiences volunteering at the Stroudsburg Wesleyan Church’s Cold Weather Shelter, where he donates his time two nights a week during the winter months. The shelter provides a safe and warm space for individuals experiencing homelessness, offering meals, resources, and care to those most vulnerable.

Ways to Help in Pennsylvania

Josiah encourages Pennsylvania residents to get involved through various local organizations and initiatives. Here are some ways to make an impact this holiday season:

Volunteer at Local Shelters: Many shelters, including the Cold Weather Shelter at Stroudsburg Wesleyan Church, need volunteers to prepare meals, distribute clothing, or assist with operations.
Donate Essential Items: Items such as warm clothing, blankets, and non-perishable food are always in demand. Check with local food banks or shelters for specific needs.
Support Food Drives: Participate in food drives hosted by organizations like Second Harvest Food Bank of Lehigh Valley and Northeast Pennsylvania.
Offer Financial Contributions: Monetary donations to trusted charities can help fund essential programs, including housing support and meal services.
Engage in Community Outreach: Churches and civic groups often organize events to distribute gifts and meals to families in need. Joining these efforts can create a meaningful connection with your community.

“Every small act of kindness adds up,” Josiah said. “Whether it’s giving an hour of your time or donating a pair of gloves, your contribution can change someone’s day — or even their life.”

Building a Stronger Community

Josiah believes that giving back not only benefits those in need but also strengthens community bonds. “When we come together to support one another, we create a ripple effect of compassion and hope that can last far beyond the holiday season,” he explained.

For more information on how to get involved in local volunteering opportunities, visit VolunteerMatch or contact the Stroudsburg Wesleyan Church for shelter volunteer details.

This holiday season, Josiah Grauso reminds us all to reflect on the true meaning of giving and encourages everyone to take action to support the less fortunate. Together, we can make the season brighter for all.

Media Contact

Josiah Grauso

https://josiahgrauso.com/

https://www.linkedin.com/in/josiah-grauso-90111621

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Cloud PR Wire

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Press Release

CryptoKG Hedge Fund Predicts Bitcoin to Soar to $210,000 by 2025!

Published

3 minutes ago

January 10, 2025

Cloud PR Wire

Delaware, US, 10th January 2025, ZEX PR WIRE, CryptoKG Hedge Fund LLC is thrilled to unveil its groundbreaking report, forecasting a meteoric rise for Bitcoin, projecting it to reach an unprecedented $210,000 by 2025. This bold prediction is backed by comprehensive market analysis and the increasing institutional adoption of Bitcoin as a premier digital asset.

In 2024, the cryptocurrency market witnessed significant shifts. Meme coins surged to the forefront, capturing investor interest with their transparency and accessibility, while venture-backed tokens faced declining trust and dilution issues. Additionally, Real-World Assets (RWA) gained prominence, highlighting a shift towards more sustainable and reliable investments.

Key highlights from CryptoKG Research’s 2025 outlook include:

– Bitcoin to $210,000:** Driven by robust market trends and institutional support.
– Total Crypto Market Cap to $7.5 Trillion:** Fueled by widespread investment from both institutions and retail investors.
– Ethereum/Bitcoin Ratio Restores to 0.05:** Enhanced user experience and technological advancements bolster Ethereum’s standing.
– Solana Reaches $1,000:** Supported by institutional investments and innovative projects.

CryptoKG Hedge Fund LLC empowers investors with cutting-edge insights and strategic guidance, positioning them to capitalize on the dynamic growth of the cryptocurrency landscape. As the market evolves, CryptoKG remains committed to delivering unparalleled expertise and reliable forecasts to navigate the future of digital finance.

About CryptoKG Hedge Fund LLC

CryptoKG Hedge Fund LLC is a leading cryptocurrency hedge fund specializing in digital asset management and market analysis. Our mission is to provide investors with reliable and informed investment strategies based on advanced analytical methodologies and deep market understanding.

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Cloud PR Wire

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Press Release

Dennis Pappas Highlights Brooklyn’s Green Potential for 2025

Published

3 minutes ago

January 10, 2025

Cloud PR Wire

Tackling Challenges with Community-Focused Design

New York, US, 10th January 2025, ZEX PR WIRE, As 2025 approaches, the need for sustainable, community-centered urban spaces in Brooklyn has never been more urgent. Landscape architect Dennis Pappas is calling for transformative initiatives to address climate challenges and enhance the borough’s livability. From community gardens in Bedford-Stuyvesant to flood-resilient waterfronts along the East River, Pappas envisions a greener, more connected Brooklyn.

“Brooklyn’s strength is its communities,” says Pappas. “By focusing on green spaces that bring people together, we can tackle environmental challenges while creating vibrant neighborhoods where people want to live, work, and play.”

Brooklyn’s Unique Challenges

Brooklyn faces rising temperatures, frequent flooding, and a lack of equitable access to green spaces. The urban heat island effect raises temperatures by up to 7°F, disproportionately impacting vulnerable communities. Meanwhile, neighborhoods along the East River and Gowanus Canal are increasingly at risk from storm surges and heavy rainfall.

“The time to act is now,” says Pappas. “Climate change is here, and green infrastructure is one of the best tools we have to protect Brooklyn’s residents while improving their quality of life.”

Community-Focused Solutions

Pappas highlights several key initiatives that can address these challenges while strengthening Brooklyn’s communities:

Community Gardens: Expanding gardens in neighborhoods like Bedford-Stuyvesant and Crown Heights to encourage local food production, foster connections, and empower residents.
Waterfront Resilience: Enhancing green infrastructure along the East River and Gowanus Canal with rain gardens, wetlands, and public recreational spaces to manage stormwater and reduce flooding risks.
Green Streets: Incorporating bioswales and permeable pavements into residential areas to handle stormwater and reduce urban heat islands.
Playground Innovations: Updating outdated playgrounds with sustainable materials and nature-inspired designs that reflect Brooklyn’s creative spirit and artistic identity.

Opportunities for a Greener Brooklyn

The benefits of these initiatives are far-reaching. Community gardens improve food security and mental health while fostering a sense of belonging. Green streets and bioswales can reduce stormwater runoff by up to 80%, alleviating pressure on city drainage systems. Resilient waterfronts not only protect against flooding but also provide much-needed public spaces for recreation and relaxation.

“Brooklyn can lead the way in showing how urban design and environmental resilience go hand in hand,” Pappas explains. “These projects aren’t just about solving problems—they’re about creating opportunities for communities to thrive.”

As Brooklyn faces the challenges of a changing climate, Pappas emphasizes the importance of collaboration. “Residents, city planners, and private developers must work together to make these ideas a reality. A greener Brooklyn is a stronger Brooklyn.”

Media Contact

Dennis Pappas

https://www.dennispappasnewyork.com/