Image Protect Inc., an emerging Media Company, is pleased to announce the official launch of Its Celebrity NFT site https://legendnfts.io as the market continues to boom with NFT offerings from some of the biggest brands in the world.
The site was developed under IMTL’s stock photo site Fotofy in Beta phase and is now a fully operational Marketplace as LegendNFTs with unique high-value celebrity-based offerings, including its recently announced Idris Erba collection.
An NFT is a crypto asset, representing an intangible digital item such as an image, video, or in-game item. Owners of NFTs are recorded on blockchain, allowing an NFT to be traded as a stand-in for the digital asset it represents.
The NFT market has surged to new highs in the second quarter, with $2.5 billion in sales so far this year, up from just $13.7 million in the first half of 2020, marketplace data shows. Sales volumes have remained high after NFTs exploded in popularity early this year.
Monthly sales volumes on OpenSea (https://opensea.io), a major NFT marketplace which is also hosting select NFTs from IMTL’s Legends endeavour and reached a record high in June.
IMTL’s LegendNFTs.io launches alongside top industry endeavours including Fox Network staking its new NFT business unit, Blockchain Creative Labs, with a $100 million creative fund; and Dapper Labs, the company behind NBA Top Shot, raising $305 million with a valuation of $2.6 billion, and several high-profile investors led by Michael Jordan and Kevin Durant.
As well, Major League Baseball and Fanatics-owned Candy Digital release of an NFT honouring the Los Angeles Dodgers’ 2020 World Series championship, for example.
IMTL is currently in discussions with several ideal NFT partnership opportunities which will have IMTL earning a royalty from primary sales of assets on the LegendNFTs Marketplace and has already finalised deals with rapper Jim Jones and Toronto based celebrity photographer Gabriel Di Sante to name a few.
Image Protect retained Green Light Digital, https://greenlight.digital/ on behalf of LegendsNFTs.io as its vendor of choice to build the infrastructure and the Blockchain, along with the Website and operating the actual NFT auction integrated with Open Sea Platform.
About Image Protect
Image Protect is a media company with a focus on microcap news, information, and disclosure, as well as crypto, blockchain, and digital assets. The Company recently signed to acquire OTC PR Wire, LLC, a revenue stage service provider and news platform catering to microcap and small cap companies on a global scale.
Its unique digital asset library and proprietary technology via subsidiary Fotofy. are conducive to the foundation of an impactful NFT marketplace.
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