{"id":41194,"date":"2023-01-14T10:10:04","date_gmt":"2023-01-14T10:10:04","guid":{"rendered":"http:\/\/egrowonline.com\/?p=41194"},"modified":"2023-01-14T10:10:04","modified_gmt":"2023-01-14T10:10:04","slug":"cardano-ada-nft-the-art-bank","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=41194","title":{"rendered":"Cardano (ADA) NFT: The Art Bank"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-id=\"179526\" data-title=\"Cardano (ADA) NFT Column: The Art Bank\" data-slug=\"https:\/\/en.cryptonomist.ch\/2023\/01\/14\/cardano-ada-nft-the-art-bank-2\/\">\n<section id=\"custom_html-94\" class=\"widget_text widget widget_custom_html\" \/>\n<p><span style=\"font-weight: 400\">This week\u2019s guest on the <\/span><b>Cardano NFT Column <\/b><span style=\"font-weight: 400\">is a<\/span><b> project banking on web3 creators to lead the digital renaissance and inspire the art of tomorrow<\/b><span style=\"font-weight: 400\">: <\/span><a target=\"_blank\" href=\"https:\/\/twitter.com\/theartbankers\" rel=\"noopener\"><span style=\"font-weight: 400\">The Art Bank<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><a target=\"_blank\" href=\"https:\/\/en.cryptonomist.ch\/2023\/01\/07\/cardano-nft-column-whiskees\/\" rel=\"noopener\"><span style=\"font-weight: 400\">The previous guest<\/span><\/a><span style=\"font-weight: 400\"> was a <\/span><b>project that will be launching a collection of 10k NFTs which represent crowdfunded partial ownership whiskey casks.<\/b><\/p>\n<p><span style=\"font-weight: 400\">This initiative is a point of reference for <\/span><b>NFTs on Cardano <\/b><span style=\"font-weight: 400\">and every week or two we will invite someone to answer some questions and give us <\/span><b>an update directly from within the Cardano community<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Considering that many of our readers are new to the crypto space<\/span><b>, <\/b><span style=\"font-weight: 400\">we will have a <\/span><b>mix of simple and technical questions<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cardano_NFT_project_The_Art_Bank\" \/><span style=\"font-weight: 400\">Cardano NFT project: The Art Bank<\/span><span class=\"ez-toc-section-end\" \/><\/h2>\n<figure id=\"attachment_179491\" aria-describedby=\"caption-attachment-179491\" style=\"width: 1500px\" class=\"wp-caption aligncenter\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034.jpg\" alt=\"Cardano NFT The Art Bank\" width=\"1500\" height=\"500\" srcset=\"https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034.jpg 1500w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034-300x100.jpg 300w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034-1024x341.jpg 1024w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034-768x256.jpg 768w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034-800x267.jpg 800w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034-450x150.jpg 450w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034-195x65.jpg 195w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT1_034-96x32.jpg 96w\" \/><figcaption id=\"caption-attachment-179491\" class=\"wp-caption-text\"><em>Cardano NFT project The Art Bank aims to amass the largest digital art collection in the world<\/em><\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Hey_thanks_for_your_time_Please_introduce_your_team_where_are_you_from_what_are_your_backgrounds\" \/><span style=\"font-weight: 400\">Hey, thanks for your time. Please introduce your team, where are you from, what are your backgrounds?<\/span><span class=\"ez-toc-section-end\" \/><\/h3>\n<p><b>\u201cThe Art Bankers\u201d are a group of intrepid entrepreneurs and art aficionados that have 50+ years of combined experience in the finance, marketing and design industries<\/b><span style=\"font-weight: 400\">, having worked for prominent companies in the US, UK, Hong Kong and China \u2014 where our core team originally crossed paths some 15 years ago now.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Today, our global team is located in <\/span><b>Singapore, Australia and South Africa <\/b><span style=\"font-weight: 400\">with a big focus on <\/span><b>hiring up local talent in Africa <\/b><span style=\"font-weight: 400\">to support Cardano\u2019s mission of growing their footprint on the continent.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_The_Art_Bank_What_are_you_bringing_to_the_table_for_the_Cardano_Community_And_tell_us_about_your_Rarity_Dawg_NFT_collection\" \/><span style=\"font-weight: 400\">What is The Art Bank? What are you bringing to the table for the Cardano Community? And tell us about your Rarity Dawg NFT collection.<\/span><span class=\"ez-toc-section-end\" \/><\/h3>\n<p><span style=\"font-weight: 400\">The Art Bank is banking on web3 creators to <\/span><b>lead the digital renaissance and inspire the art of tomorrow<\/b><span style=\"font-weight: 400\">. Having invested in creators early on in the space, we have acquired a selection of digital artworks exploring a diverse range of artistic concepts with the aim of <\/span><b>amassing the largest digital art collection in the world \u2014 a collection celebrating the finest creative minds on Cardano<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Part of collecting and promoting new art means<\/span><b> working with creators to expose their creations to the masses<\/b><span style=\"font-weight: 400\">. We support creators by assisting with the online marketing, distribution and sales of collections to our growing community,<\/span><b> giving creators time to focus on what they do best \u2013 creating!<\/b><\/p>\n<p><b>Rarity Dawg is a collection of 1541 NFTs that celebrates the greatest NFT projects on Cardano<\/b><span style=\"font-weight: 400\"> by incorporating the rarest traits found in these collections, with the ultimate goal of becoming the \u201crarest\u201d collection in its own right that is <\/span><b>backed up by real utility<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><b>The Art Bank built several innovative tools including our NFT recycler <\/b><span style=\"font-weight: 400\">that provided this utility for collectors before we even launched Rarity Dawg. This was in an effort for us to <\/span><b>turn the traditional model on its head and reward collectors with tangible value<\/b><span style=\"font-weight: 400\"> by supporting our project early on and using NFTs to complement all the tools in our ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Today, <\/span><b>Rarity Dawg holders enjoy token rewards boosters by using our recycler, NFT auction discounts, additional rewards with our stake pool claimer<\/b><span style=\"font-weight: 400\"> and many other special perks lined up for NFT display tools that are being released this quarter.<\/span><\/p>\n<figure id=\"attachment_179490\" aria-describedby=\"caption-attachment-179490\" style=\"width: 1395px\" class=\"wp-caption alignnone\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034.jpg\" alt=\"Cardano NFT The Art Bank\" width=\"1395\" height=\"630\" srcset=\"https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034.jpg 1395w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034-300x135.jpg 300w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034-1024x462.jpg 1024w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034-768x347.jpg 768w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034-775x350.jpg 775w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034-450x203.jpg 450w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034-195x88.jpg 195w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT2_034-96x43.jpg 96w\" \/><figcaption id=\"caption-attachment-179490\" class=\"wp-caption-text\"><em>The Art Bank\u2019s Rarity Dawg NFT offers several utilities to holders<\/em><\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Lets_talk_about_your_NFT_Recycling_tool_What_is_it_What_does_it_mean_to_recycle_NFTs_And_why_would_people_do_it\" \/><span style=\"font-weight: 400\">Let\u2019s talk about your NFT Recycling tool. What is it? What does it mean to recycle NFTs? And why would people do it?<\/span><span class=\"ez-toc-section-end\" \/><\/h3>\n<p><b>Our NFT recycling tool is in essence a token rewards distribution mechanism that incentivizes collectors to get rid of their unwanted NFTs<\/b><span style=\"font-weight: 400\">, clean up their Cardano wallets and ultimately become better collectors.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the recycling side we help collectors <\/span><b>recoup some of their initial investment for rugged projects<\/b><span style=\"font-weight: 400\"> or those that have fallen out of favor by <\/span><b>rewarding them with Cardano native tokens<\/b><span style=\"font-weight: 400\"> from active projects that are leading the way in our collective ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the distribution side it\u2019s all about <\/span><b>partnering with creative token projects that want to help build and sustain a thriving community<\/b><span style=\"font-weight: 400\">, secure targeted token distribution to real collectors that value our service and incentivize the creative economy on Cardano together.<\/span><\/p>\n<p><b>Since August 2022, we\u2019ve managed to rack up 16000+ recycles<\/b><span style=\"font-weight: 400\">, a bunch of it from abandoned or fly by night projects, but with countless others still holding real value as the market continues to ebb and flow. Our recycling bins are burgeoning with every kind of NFT category you can think of, and <\/span><b>Dawg holders get to cherry pick NFTs that have been haphazardly discarded.<\/b><\/p>\n<p><b>Beauty really is in the eye of the beholder<\/b><span style=\"font-weight: 400\">, and the recycler gives our community the opportunity to take pride in what they hold, get compensated for investment mishaps and provide real utility to the collection experience.<\/span><\/p>\n<figure id=\"attachment_179489\" aria-describedby=\"caption-attachment-179489\" style=\"width: 1117px\" class=\"wp-caption aligncenter\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034.jpg\" alt=\"Cardano NFT The Art Bank\" width=\"1117\" height=\"633\" srcset=\"https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034.jpg 1117w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034-300x170.jpg 300w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034-1024x580.jpg 1024w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034-768x435.jpg 768w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034-618x350.jpg 618w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034-432x245.jpg 432w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034-195x111.jpg 195w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2023\/01\/IMG_InternaNFT3_034-96x54.jpg 96w\" \/><figcaption id=\"caption-attachment-179489\" class=\"wp-caption-text\"><em>The NFT Recycler rewards users with various tokens in exchange for their unwanted NFTs<\/em><\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"What_can_you_tell_us_about_the_future_of_The_Art_Bank_Where_do_you_envision_your_project_in_the_next_few_years\" \/><span style=\"font-weight: 400\">What can you tell us about the future of The Art Bank? Where do you envision your project in the next few years?<\/span><span class=\"ez-toc-section-end\" \/><\/h3>\n<p><span style=\"font-weight: 400\">Right now there are so <\/span><b>many different initiatives that The Art Bank is working on for creators and collectors<\/b><span style=\"font-weight: 400\">, both online and in the real world, and this next year is going to be positively massive. <\/span><b>We\u2019re incredibly excited about our Catalyst funded Cardano Center that is going to open in Cape Town in the next couple of months<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><b>The Center is going to be a hub for creators in Africa that aims to onboard local artists into the ecosystem<\/b><span style=\"font-weight: 400\"> with training on how to launch and market their own collections on Cardano. Outside of this, we\u2019ll be looking to <\/span><b>use the space as a modern caf\u00e9 to host Cardano events, trial crypto payments for real world goods and launch a digital gallery<\/b><span style=\"font-weight: 400\"> to invite the public to learn more about blockchain and digital art.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This will serve as the springboard for other art initiatives we are working on to promote Cardano to the masses by <\/span><b>providing creators with the opportunity to recreate their digital art on physical murals in Cape Town and other parts of South Africa<\/b><span style=\"font-weight: 400\"> with the help of strategic partnerships locally.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The idea is to create an open-source business plan for the Center to roll out in multiple locations throughout Africa and the rest of the world over the next few years, <\/span><b>collaborating with the best projects on Cardano to provide access to education and help creators generate new streams of income for their work.<\/b><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Awesome_Any_final_words_Where_can_people_learn_more_about_The_Art_Bank\" \/><span style=\"font-weight: 400\">Awesome. Any final words? Where can people learn more about The Art Bank?<\/span><span class=\"ez-toc-section-end\" \/><\/h3>\n<p><b>The Art Bank is always looking to collaborate with established and up and coming creators <\/b><span style=\"font-weight: 400\">as well as partner with creative NFT\/token projects and stake pools to stimulate the creative economy on Cardano.\u00a0<\/span><\/p>\n<p><b>We also have our own stake pool (TAB) that we invite stakers to join to help further decentralize the blockchain <\/b><span style=\"font-weight: 400\">and support creators on Cardano.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">We welcome anyone that is interested in <\/span><b>learning more<\/b><span style=\"font-weight: 400\"> to check us out on <\/span><a target=\"_blank\" href=\"http:\/\/theartbank.io\" rel=\"noopener\"><span style=\"font-weight: 400\">our website<\/span><\/a><span style=\"font-weight: 400\">, follow us on <\/span><a target=\"_blank\" href=\"https:\/\/twitter.com\/theartbankers\" rel=\"noopener\"><span style=\"font-weight: 400\">Twitter<\/span><\/a><span style=\"font-weight: 400\"> and join our growing community on <\/span><a target=\"_blank\" href=\"https:\/\/discord.gg\/jTMAag6Z36\" rel=\"noopener\"><span style=\"font-weight: 400\">Discord<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><b><i>Disclaimer: The opinions and views of the people interviewed are their own and do not necessarily reflect those of the Cardano Foundation or IOG. Moreover, this content is for educational purposes, it doesn\u2019t constitute financial advice.<\/i><\/b><\/p>\n<\/div>\n<div>\n<p>\n<button class=\"active\" id=\"related\" data-id=\"179526\" data-author=\"29\" data-category=\"3032\">Related posts<\/button><br \/>\n<button id=\"author\">More from author<\/button>\n<\/p>\n<div class=\"navigation\">\n<button id=\"prev\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/en.cryptonomist.ch\/wp-content\/themes\/cryptonomist_v1\/assets\/images\/chevron-down-dark.svg\" alt=\"Prev\" \/><\/button><br \/>\n<button id=\"next\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/en.cryptonomist.ch\/wp-content\/themes\/cryptonomist_v1\/assets\/images\/chevron-down-dark.svg\" alt=\"Next\" \/><\/button>\n<\/div>\n<\/div>\n<p>\t  !function(f,b,e,v,n,t,s)<br \/>\n\t  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?<br \/>\n\t  n.callMethod.apply(n,arguments):n.queue.push(arguments)};<br \/>\n\t  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=&#8217;2.0&#8242;;<br \/>\n\t  n.queue=[];t=b.createElement(e);t.async=!0;<br \/>\n\t  t.src=v;s=b.getElementsByTagName(e)[0];<br \/>\n\t  s.parentNode.insertBefore(t,s)}(window, document,&#8217;script&#8217;,<br \/>\n\t  &#8216;https:\/\/connect.facebook.net\/en_US\/fbevents.js&#8217;);<br \/>\n\t  fbq(&#8216;init&#8217;, &#8220;2395903780706876&#8221;);<br \/>\n\t  fbq(&#8216;init&#8217;, &#8216;410702699585449&#8217;);<br \/>\n\t  fbq(&#8216;track&#8217;, &#8216;PageView&#8217;);<br \/>\n\t(function(d, s, id) {<br \/>\n  var js, fjs = d.getElementsByTagName(s)[0];<br \/>\n  if (d.getElementById(id)) return;<br \/>\n  js = d.createElement(s); js.id = id;<br \/>\n  js.src=&#8221;https:\/\/connect.facebook.net\/en_EN\/sdk.js#xfbml=1&amp;version=v3.0&amp;appId=2059238210984591&amp;autoLogAppEvents=1&#8243;;<br \/>\n  fjs.parentNode.insertBefore(js, fjs);<br \/>\n}(document, &#8216;script&#8217;, &#8216;facebook-jssdk&#8217;));<br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiRWh0dHBzOi8vZW4uY3J5cHRvbm9taXN0LmNoLzIwMjMvMDEvMTQvY2FyZGFuby1hZGEtbmZ0LXRoZS1hcnQtYmFuay0yL9IBSGh0dHBzOi8vY3J5cHRvbm9taXN0LmNoLzIwMjMvMDEvMTQvY2FyZGFuby1hZGEtbmZ0LXRoZS1hcnQtYmFuay0yLz9hbXA9MQ?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week\u2019s guest on the Cardano NFT Column is a project banking on web3 creators to lead the digital renaissance and inspire the art of tomorrow: The Art Bank. The previous guest was a project that will be launching a collection of 10k NFTs which represent crowdfunded partial ownership whiskey casks. This initiative is a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[340,770,1113,266,307],"class_list":["post-41194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-art","tag-bank","tag-cardano","tag-nft"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/01\/NFT34-1024x683.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41194"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41194\/revisions"}],"predecessor-version":[{"id":41196,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41194\/revisions\/41196"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/41195"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41194"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}