Why NFTs on Aleo?

Why NFTs on Aleo?

In 2017, an anonymous buyer bought the Salvator Mundi, an art piece, for 450 million dollars. The buyer had good enough reasons to be anonymous because such a purchase, if made public, would attract a lot of unwanted attention, security threats, and pressure.

NFTs are a form of art, but unfortunately, they can only be bought publicly. With Avail, this will no longer be the case. For the first time in crypto history, NFTs will now be able to be bought privately with the Aleo blockchain. Aleo is providing a platform for the first-ever private NFTs, and with Avail, you can store these NFTs privately. Now, just like the buyer of the Salvator Mundi piece, you can buy NFTs like you're buying Salvator Mundi.

There are many people who have bought expensive NFTs, such as:

  • "Everydays: The First 5000 Days" by Beeple: This digital artwork sold for $69.3 million.
  • "CryptoPunk #7804": Sold for around $7.5 million in March 2021.
  • "Crossroads" by Beeple: Sold for $6.6 million in February 2021.

The owners of these NFTs will now have to bear the burden of people knowing that they bought such NFTs, and this public knowledge could expose these owners to danger.

Aleo ecosystem NFTs:

Disruptors-An Avail project
Aleo Wizards
Aleo Punks
Aleo Monkeys

If you would be interested in keeping up with the private NFT market, install Avail Wallet and follow the Disruptor X.

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