FREQUENTLY ASKED QUESTIONS
WHAT IS AN NFT?
An NFT or Non-fungible token is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.
NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. NFTs are also generally one of a kind, or at least one of a very limited run, and have unique identifying codes.
When you buy am NFT the buyer to own the original item. Not only that, it contains built-in authentication, which serves as proof of ownership. Collectors value those “digital bragging rights” almost more than the item itself.
HOW DOES AND NFT WORK?
NFTs exist on a blockchain, which is a distributed public ledger that records transactions. Blockchains such as Ethereum, Binance and Solana.
An NFT is created, or “minted” from digital objects that represent both tangible and intangible items, including:
• Videos and sports highlights
• Virtual avatars and video game skins
• and so much more
Essentially, NFTs are like physical collector’s items, only digital. So instead of getting an actual oil painting to hang on the wall, the buyer gets a digital file instead.
They also get exclusive ownership rights. That’s right: NFTs can have only one owner at a time. NFTs’ unique data makes it easy to verify their ownership and transfer tokens between owners.
WHO ARE THE OCTOFRIENDS?
The OctoFriends were created by GC Creative Co. These NFT’s were developed from concept into reality with an idea to spread fun and joy with these cute collectibles.
With the added joy GC Creative Co will also be supporting our ocean charities and communities by donating a percentage of the NFT sales to support the ongoing battle to help save and preserve our great oceans.
WHERE TO I BUY AN OCTOFRIEND?
You can Purchase your OctoFriend from the Opensea platform.
HOW MUCH DOES AN OCTOFRIEND COST?
- Standard OctoFriends Cost 0.006 ETH
- Limited Edition OctoFriends Cost 0.02 ETH
- Ultra Rare OctoFriends Cost 0.05 ETH –