‘NFT500’ service will be launched by the mobile games developer Tapinator
What is NFT500? A subscription casting service where NFTs are placed for physical display. Here is where you can put your favorite digital art on display rather than instantly buying it.
An American mobile game publisher called Tapinator will be launching a new subscription casting service intended for NFTs called NFT500 and it will host blue-chip NFTs that the subscribers can cast from their phones or other devices. NFT500 draws the attention to the digital art and the NFTs in particular.
But how does NFT500 work? They use their minted NFT500 tokens that enable the subscribers to make a profit from the price appreciation of the art collection available on NFT500.
The subscription service relies on the prospect that in the future the NFT fans would want to cast the art they wish through a subscription service rather than spending large sums on their NFT collection says Ilya Nikolayev, Tapinator’s CEO;
“When we look out several years, we envision consumers with screens in their homes displaying NFT based digital art. We expect that a substantial majority of these consumers will choose not to spend tens or hundreds of thousands of dollars on NFT collections, but rather will utilize our NFT based subscription service to cast pieces from our collection onto their wall.”
NFT markets have been growing in an explosive fashion which has been more than great for the artists as some art fans are willing to pay handsomely for a high-end art piece. Beeple a work by Mike Winkelmann earned $69.3 million in an NFT auction. NFTs have reached multiple areas such as sports, industry, music, luxury watches and Perfumes besides the art and it seems that this list will not stop here.
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