Scott Chipolina / Decrypt:A look at Valuables, a service from crypto company Cent that lets users sell their tweets as non-fungible tokens in exchange for EthereumA new platform that lets users buy and sell tweets has already seen $270,000 in offers. Here’s how it works.Individuals are now buying
Click here to read full news..Frequently Asked Questions
Transferring a tweet out of Prized possessions
In order to enable resales, we presently custodianship the tweet in Cent’s digital purse. If you ‘d like to request a manual transfer of your tweet to your personal wallet, send us an email at hello@cent.co. Ensure you configure your metamask to make use of matic so you can move the property around. We’ll confirm your address with you before we send it over manually.
After we move it to you, Prized possessions will no longer have the ability to refine the deals for resales and also you will need to do so manually making use of opensea (they are currently working with enabling this for us
If I want to move a tweet I have out of Belongings, do I need to pay gas charges?
No.
How long does it consider a hands-on transfer of my tweet to my budget?
As soon as we refine your demand, your NFT will certainly appear right away.
Ownership
What happens if I get a tweet on Prized possessions but then the writer deletes the tweet on Twitter?
On Prized possessions, you’re purchasing an autographed certification of the tweet. That certification, and also the metadata (that posted it, when it was uploaded, and also much more) will constantly stay on the blockchain as well as in the certificate is a web link to a screenshot of the tweet. Today, we serve the screenshots yet we’re dealing with Arweave to consist of irreversible back-ups quickly. Presently that component is centralized but we’re functioning to decentralize it.
What can I make with tweets I possess?
You can re-sell them on Belongings or show them in your digital gallery.
After I buy an NFT on Belongings can I make use of the web content of the tweet to publish on tee shirts or other goods to sell?
No. You have the signed certification of the tweet, developing a special, straight connection in between you and the tweet author. You do not have the copyright. (However perhaps one day you could?).
Is Valuables a stock company? Can I invest?
We’re not an openly traded company.
Tech Questions.
Where is the contract that pays out fees/royalties? Do you individuals own all the tweets?
All tweets survive on Matic, we simply custodianship the tweets so you can resell them on Prized possessions. To move tweets to your pocketbook, e-mail hello@cent.co and we will start the hand-operated transfer.
Is the “irreversible” linking of Twitter accounts to wallet addresses kept off-chain or on-chain?
Off-chain. This info is additionally embedded in the tweet as a trademark.
How many times can someone mint the exact same tweet?
A tweet can just be produced when making use of Belongings. Nonetheless, the NFT created can be dealt an unrestricted number of times to numerous people one by one.
Can I unlink my purse? I connected the incorrect MetaMask.
Since your identification on Valuables is verified through MetaMask, we can not modify that – but you can add a new budget!
In the MetaMask web browser plugin, click the leading right circle.
Click Add a New Account.
Can I change the twitter account related to my ethereum address?
As soon as an ethereum address has actually been linked with a twitter account, it can not be connected to another twitter account.