🚀 Bridging the Physical & Digital | 🌐Tokenizing Real-World Assets | Unlocking New Value From Your Collectibles 🌎 | 4k.com
Mint Your Collectibles Today
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Ready to unlock new possibilities from real-world assets (RWAs) like your watch collection? See how it works with 4K.
Easily tokenize your assets today: 4k.com/mint
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1) What if we could take a physical item – say, a luxury watch – and use it in DeFi?
4K brings real world assets on-chain, unlocking new market opportunities for DeFi protocols.
By using 4K NFTs & @arcade_xyz, we secured the first DeFi loan on a Rolex: bit.ly/3KnygBd
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Today's the big day––we're launching our beta marketplace & we couldn't be more excited 🎉
Now you'll be able to buy & sell NFTs backed by physical assets. Our collection features more than $1M worth of luxury watches!
coindesk.com/business/2021/0…
(cont.)
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🧵What happens when you take a pair of $socks & turn them into ERC-20 tokens?
You get @Unisocks & potentially the next multi-billion dollar industry.
Check out the story of #Unisocks & how 4K plans on bringing Tokenized Merchandise to the masses.
⬇️
4k.com/unisocks
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👇A short thread on how to turn your Rolex/AP/Patek into an NFT via
@4KProtocol and getting a loan on @Arcade_xyz
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Someone just took a $14,500 loan on two Rolexes at 12% APR from a complete stranger all on-chain
The Rolexes were sent to an escrow company who then sent back NFTs representing ownership of the watches
The borrower can then use those NFTs to tap into global liquidity rather than taking a predatory loan at their local pawn shop
If they default? The lender can use the NFTs to redeem the watches
One of the most obvious and easy to understand use cases of NFTs
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The future of fashion and culture is crypto-native.
We’re proud to partner with designer @gmoneyNFT, his luxury house @9dccxyz, and the @admit0001 community.
Bridging the physical to digital worlds is just beginning.👇
All ITERATION-01 garments will be vaulted in a secure physical location with @4KProtocol. At a specific snapshot date, the wallets holding the looks NFT will be airdropped a token that can be used to claim the vaulted shirt.
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The next evolution of #NFTs will be digitizing (physical) collectibles/goods.
Here's why this is going to be a game-changer🧵:
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What exactly is Web3? Few in the space are as knowledgeable and genuine at building community as @gmoneyNFT
Our CEO @Megatron joined his @Admit0001 podcast to talk:
-4K x @9dccxyz
-RWAs as physically backed NFTs
-Collectibles x DeFi
-BTC ON THE MOON
👇
podcasts.apple.com/us/podcas…
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The future of fashion drops 10.20.
@9dccxyz holders — stay tuned for your 4K NFT Vouchers, which are your key to unlocking physical drops from the blockchain.
Airdropped @ 5PM EST.
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For anyone looking to get the RTFKT Cryptokicks iRL sneakers shipped to them, we have the perfect solution!
Here are 4 easy steps on how to make it happen👇
Tag a friend in need!
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🔥 New collection alert: over 18 BTC (~$1.2M worth) of rare and unpeeled Casascius coins are now live on 4K - 4k.com/brand/casascius
What are Casascius coins and why are they valuable?
Thread🧵:
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We had such as blast at @DCentralCon! Can't wait until next year!
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1) GM! 4K Protocol's whitepaper is finally here.
Our team has been working for over a year to bring this vision to life.
At its core, the protocol is a coordination layer between the digital and physical worlds. An "IRL Layer 1" or even an "IRL IPFS." 🧵
storage.googleapis.com/4k_do…
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It’s a good day for a GIVEAWAY.
How did we partner w/ @gmoney’s @9dccxyz fashion house?
Or get a #DeFi loan on a #Rolex?
4K brings Real World Assets on-chain. We’re talking details in 30 mins (9AM PDT) on the Grateful Show👇
Follow, RT, and join for a chance to WIN a 4K NFT.
Gucci, Rolex, Patek or Birkin - luxury products backed by NFTs?!
We’ll talk to @4KProtocol on Grateful Show tomorrow and explore all the possibilities for physical products having an NFT proof of ownership & authenticity.
Join us tomorrow:
⏰nitter.app/i/spaces/1lPJqBaLMRLxb
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Another NFT loan facilitated by @Arcade_xyz + vaulted by 4K 👏🏼
I just gave a $50,000 loan at 15% APR against an NFT that legally represents ownership of this Richard Millie
I saw the listing, placed an offer I was comfortable with, and the borrower accepted. No paperwork, no credit checks, nothing... its that simple
I don't know the borrower, but I do know that in 60 days I'll either earn $1,232 of interest or I'll be able to burn the NFT and have a cool new watch shipped to me
The watch was authenticated, stored, and tokenized by the most trusted escrow for Real World Assets (RWAs) in crypto and as always the loan was facilitated on Arcade
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4) 4K is excited to tap into the @arcade_xyz ecosystem and explore new methods of lending against physical assets together.
Think of the 4K NFT <> Arcade stack as a next gen pawn shop.
And 4K NFT utility is just getting started. Which #dApp should we stack with next?
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Our CEO @Megatron had a crazy idea.
Let’s bring a Rolex Daytona on-chain as a physically backed NFT, and collateralize a loan against it w/ @arcade_xyz
He did. We did. It worked.
This is the future of RWAs x NFTs x DeFI
🎙 @gmoneyNFT x @Admit0001 👇
piped.video/B6dDgd3_cSo
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It 👏🏼 makes 👏🏼 so 👏🏼 much 👏🏼 sense
Someone just took a $14,500 loan on two Rolexes at 12% APR from a complete stranger all on-chain
The Rolexes were sent to an escrow company who then sent back NFTs representing ownership of the watches
The borrower can then use those NFTs to tap into global liquidity rather than taking a predatory loan at their local pawn shop
If they default? The lender can use the NFTs to redeem the watches
One of the most obvious and easy to understand use cases of NFTs
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GM to everyone who tells #Vitalik NGMI.😂
Before 4K CEO @megatron was bringing real-world assets on-chain as physically backed NFTs, he was navigating Web3 like everyone else.
Even the King of Eth needs help. Sometimes.
It’s a different outcome w/ @gmoneyNFT x @9dccxyz
🎧👇
4K Vaulting makes your physical collectible a valuable NFT
Watch the entire episode here!
piped.video/vk1G2sh-Gvg
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Signed and sealed @9dccxyz ITERATION-01 shirts arriving at the gate, soon to enter the 4K Vault.
Just wait and see all the utility you can unlock with 4K knowing your Real World Asset NFTs are safe, secure, and protected by the best.
Sharks with lasers, anyone? 🦈😎
.@9dccxyz IT-01 just arrived at the @4KProtocol vault just in time for the @AdamBombSquad spaces about networked products tonight with @bobbyhundreds, @rarityjan, @cultandrain, and @TRGNFT coming up in about 30 mins!
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1) The Future of Collectibles
Web3 will radically shift the way we think about physical things and what we do with them. How is value created for collectibles? Can NFTs enable new forms of value?
A thread:
🧵
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3) What does this mean for the future of DeFi?
1. A trusted physical-to-digital bridge means any real world asset can be securely stored on-chain
2. DeFi Protocols are no longer limited to crypto-native assets
3. The TAM for Physical NFTs is the TAM for all physical assets.
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4K connects RWA assets to the digital world.
This isn’t the future. It’s happening now.
Imagine Twitter Web3 integrations once @elonmusk sees we tokenized a @boringcompany (Not A) Flamethrower🤔
New 🔥 4K Vault assets on the ‘Mint This’ Twitch Livestream Tuesdays at 11 AM PST.
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1) 🚨Problem: On-chain #royalties are a huge innovation for the crypto space, but they’re not enforceable due to wrapping and #p2p trades.
Tl;dr – Fees must be enforced at the NFT contract level, not the marketplace level.
Potential solutions👇
🧵 from 4K CEO @Megatron
i think the creator royalty argument is actually a lot simpler than people make it out to be.
There is ZERO way to FORCE royalties technologically so creators will have to build a collector base that WANT to honor these royalties…. It’s really that simple. 🤷
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🚨 A rare 1 BTC Casascius coin NFT sold for ~$150,000 (3.5x the peel value) on the 4K marketplace 🚨
4k.com/v1/collectible/41
What are Casascius coins & why do they command a premium? Read more below:
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This is your “right” to fight to party.
The ITERATION-01 tee can be redeemed starting 10.20 via an airdropped 4K voucher.
YOU choose what you do with it:
💪Flex it
🔒Vault it
Both have utility.
Web3 lets YOU decide the value.
@9dccxyz x 4K: the future of fashion.
Details👇
We are very excited to announce details on the physical garment delivery for 9dcc ITERATION-01. On October 20 at 5 PM EST a snapshot and airdrop will take place for holders of the 9dcc looks NFT. The looks NFT will no longer be eligible for the physical garment post airdrop
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Proof of Real-World Assets done the 4K way:
Every Tuesday 11 AM PST, ‘MINT THIS’ features 🔥 RWA-NFTs from the 4K Vault.
This week @9dccxyz INTERATION-01 shirts are ready for holders to redeem for the physical.
Next week👉OG #NES #FinalFantasy
Replay: piped.video/y9tV67Ne3Gk
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As 2022 is coming to a close, catch our CEO @megatron's predictions for 2023:
₿ Bitcoin price movement
🚗 Elon Musk
👑 The future of web3
What are your predictions for 2023?
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2) We envision a future in which #DeFi can be used to financialize ANYTHING.
4K Protocol makes this possible.
We are the first decentralized protocol for bringing real world assets on-chain. Our incentive-aligned network ensures 4K NFTs are always backed by the physical item.
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🧵 Just in: @SnoopDogg considering collabing w/ @4KProtocol to tokenize his #bayc restaurant merchandise. No more stocking & shippin’ wen we can #airdrop those goodies fam.
#bayc #mayc #NFTCommunity #SnoopDogg
JUST IN: Snoop Dogg has announced plans to open a Bored Ape #NFT-themed restaurant.
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Rose Gold Patek Philippe Nautilus status update:
1️⃣ Secured in our 4K Alpha Vault.
2️⃣ Tokenized as a 4K NFT.
3️⃣ Brought over to our DeFi friends @KettleFinance.
4️⃣ Collateralized for a $150K loan: buff.ly/3Sv0qjh
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Also peep @9dccxyz @gmoneyNFT in our video 👀
Huge props to them for paving the way for tokenized merch. The future is bright ✨
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In the very near future, you will be able work with our white glove minting service or mint a physically-backed NFT by yourself!
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A Tiffany Blue #Rolex Oyster Perpetual 41 just sold for an 1177% return on its original $5900 price tag. At $70K the record-breaking sale validates watches as a stable asset.
Which is why it makes sense to turn physical assets into NFTs. ➡️4K marketplace: 4k.com/market/collectible/35
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5) If you like what we’re doing at 4K, give us a follow and join our Discord (Link in bio).
If you’re working on a dApp or wanting to enter the world of #PhysicalNFTs, get in touch. We’re always looking for to build.
4k.com
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Volatility in the crypto industry is reaching an all-time high.
Is there a safe haven?
4K Protocol gives YOU power to create and invest in crypto assets backed by real world, physical collectibles.
📈Less volatility
⛓️Still crypto
🌐Always decentralized
@Megatron x @gmoneyNFT
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When our CEO @Megatron gets into his mad scientist lab and starts mixing RWAs and crypto, the result is:
“DeFi lending against Physically-Backed #Rolex NFTs.” 🧑🏻🔬🧪
Learn about how 4K Protocol powered the first ever #DeFi loan against a luxury watch 👇
mirror.xyz/4kprotocol.eth/yL…
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We’re going live on Twitch at 11am PST with our first ever ‘Mint This’ Live Stream, where we preview some of the hottest items in the 4K Vault.
Today we’re featuring a pair of #LouisVuitton x Virgil Abloh
Nike Air Force 1's.
Tune in: twitch.com/4Kprotocol
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It’s always a good day to connect.
Whether you’re a developer, DeFi protocol, collector, or marketplace — join the 4K community.
👾 Discord: discord.gg/b2Eta6g65D
📸 Instagram: instagram.com/4kprotocol
🔒 4K Vault: vault.4k.com/
📕 Blog: 4k.com/blog
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We're excited to announce that 4K is the official vaulting partner of the @nounsdao @nounish @comicsdao & Titan Comics comic book project, Nouns: Nountown! 🔐🤝
This project is where nostalgia meets web3 & through 4K, the physical comics will be vaulted & turned into NFTs! 🧵
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“The rumor that I’m secretly creating a zombie apocalypse to generate demand for flamethrowers is completely false.”@elonmusk
We❤️NFTs. Especially ones w/ an RWA twin.
Today’s 4K Vault ‘Mint This’ LiveStream
@boringcompany (Not A) Flamethrower 11AM PDT
twitch.tv/4Kprotocol
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Ever wonder what the future of content management looks like on #Web3? Check out this post by our very own @Andrew_4k on why we're moving our company blog over to @viamirror.
mirror.xyz/andrew4k.eth/bwzO…
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Day 1 of #Mainnet2021 was amazing! Be sure to stop by our booth to check out some awesome items we have on display and for some 4K goodies 🎉
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Another awesome breakdown of the Rolex NFT loan on @Arcade_xyz 👏🏼
Most assets that we interact with daily are non-fungible, and they’re not on-chain 🤯
With Web3 shaping our global digital eco, let’s look at a 14,500 $USDC loan on @arcade_xyz against @ROLEX watches & why NFT-Fi will play a key part in everyday life as more RWA are tokenized.
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Bold prediction:
Tokenizing real-world assets will fuel the next bull market.
You can literally mint ANYTHING at 4K.com as a physically backed NFT. You won’t believe the utility it unlocks💥
4K CEO @Megatron w/ 💪 alpha today at 9AM PDT on the Grateful Show👇
Join us today when we chat with @4KProtocol about the tokenization of physical assets such as sneakers, cards, watches, physical art and many more🔥🔥
Set reminder: nitter.app/i/spaces/1lPJqBaLMRLxb…
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1) Today, 4K Protocol is making it easier than ever to bring your collectibles into Web3.
With our new self-serve Minting Request beta feature, you can NFT things like:
- Comic Books
- Air #Jordan1s
- Magic the Gathering cards
Mint anything, anywhere, anytime👇
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GM! #Bayc & $ape w/ all the hype today, so what other NFT trends will we see for 2022? Today at 8PM PDT @billyshipp from @RealSupDucks 4K CEO @Megatron & some @mutant_cartel fam talk tokenized merch drops & how they're poised to shake up the Web3 industry
nitter.app/i/spaces/1vAxRkgVyNPKl…
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"I like my money right where I can see it. On-chain."
Don't store your physical collectibles under a mattress, in a safe, or in a bank vault.
@gmoneyNFT sees the vision for a 4K world - a permissionless protocol linking physical to digital.
The value unlock is just beginning.
"I like my money right where I can see it. Hanging in my closet." - Carrie Bradshaw
The value unlock from being able to take loans against physical product is going to be massive over the next decade. 1/2
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Two major takeaways from this week:
1. DeFi > CeFi
2. Physical assets on-chain > Physical assets in your closet
Comics, Rolex, SNKRS?
Tokenize your cool sh*t in minutes as a 1:1 Physically-Backed NFT. Plug into DeFi for instant liquidity.
piped.video/watch?v=IbUJBgAp…
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Since the 4K marketplace is live, here’s a sneak peek of some of the items listed 👀
Which one is on your wishlist?
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2020: DeFi
2021: NFTs
2022: NFTs
2023: RWAs
Prediction: tokenizing real-world assets is the next big thing. Are you ready for the ride?
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Ways to win at life:
1. Send in your asset to 4K to get vaulted and tokenized into an NFT
2. Take the NFT and get a collateralized loan on @Arcade_xyz while still owning your asset
3. Rinse and repeat
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NFTs allowed us to do this 👇
Mint 🧦
Vault 🧦
Airdrop 🧦 in seconds.
The 4K vault is loaded with IRL assets that can easily be traded, sold, redeemed, or used in #DeFi instantly.
Physically-backed NFTs make it all possible.
This is the future.
*please wash
Thanks so much @4KProtocol for the socks! I’m never taking them off(the blockchain)! Looking forward to all the amazing assets being vaulted soon…especially the @9dccxyz shirts 👀 🔥 @Admit0001 @gmoneyNFT
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Each day we're creating new use cases for the types of #RWAs you can bring on-chain. Today we're here to announce our FIRST Comic Book collection tokenized as a 4K NFT! #CryptoComics 💥
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All you have to do is burn the NFT and provide a shipping address.
The watch is vaulted in our Alpha Vault.
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What does financial freedom look like?
The merging of real-world assets x blockchain🤔
The age for BORDERLESS COLLECTORS is here.
Speculate on anything, anywhere.
Be a full-time sneaker, art, Rolex, ____ trader.
@Megatron x @gmoneyNFT x @Admit0001
👉apple.co/3z5OcUp
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1) Is BURNING ART the new "thing"?
We'll soon find out. 🔥
Artist @hirst_official launched his first NFT project, “#TheCurrency" last year with a catch:
Burn the art or the NFT by 7.27.22.
So is it better to keep the physical or NFT art?
Owners now have a 3rd option.
🧵
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Fashion creates culture.
Few people in the web3 space know that like @gmoneyNFT
When his team @9dccxyz offered 4K an opportunity to collab on bridging the physical and digital fashion worlds, we knew it would be an epic ride.
@voguebusiness breaks down the 4K x 9dcc collab👇
The #Web3 influencer and investor, @gmoneyNFT’s experimental luxury brand is starting with an NFC-connected black T-shirt that is acquired through an intricate series of #NFTs as the use of digital twins and physical signalling expands. voguebusiness.com/fashion/va…
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Bitcoin to $12.5M?
Bulls aren't giving up yet on #crypto according to a recent @TIME article.
Several "experts" say:
💥scarcity
💥mainstream adoption
💥regulation
💥mining cycles
all factor into a 2022 100k $BTC 🤔
Buying the hype? 👇
time.com/nextadvisor/investi…
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The benefits of DeFi are more apparent than ever. Yet 99% of users still don't understand everything you can do with it.
Did you know you can plug your comics, SNKRS, & watches into DeFi lending protocols?
Tokenize your physical assets with 4K and get a crypto loan in minutes👇
1) What if we could take a physical item – say, a luxury watch – and use it in DeFi?
4K brings real world assets on-chain, unlocking new market opportunities for DeFi protocols.
By using 4K NFTs & @arcade_xyz, we secured the first DeFi loan on a Rolex: bit.ly/3KnygBd
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Who's at #Mainnet2021? Be sure to catch our CEO @Megatron give a live demo of the 4K platform at 2pm-3pm today on the 5th floor (Westside Ballroom North).
You won't want to miss it!
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1) Where should you put your 💵?
This is a make or break question for anyone. And in this market, it seems like anyone's guess.
But! There's a sector of the market that is still overlooked. You likely already have some type of investment in it.
You collect things right?
🧵
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Real World Assets on the blockchain have the power to change everything for brands, marketplaces, & creators.
But not every Physical NFT is created equally.
We identified the strengths & weaknesses of different #Phygital projects, so you don't have to.👇
mirror.xyz/4kprotocol.eth/tO…
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“I want to ask you a question. What is actually in the Vault?” @gmoneyNFT
We get that Q all the time. The 4K Vault can store ANY RWA you want to bring on-chain.
Watches, art, sneakers, a flamethrower, and now 1,111 @9dccxyz’s ITERATION-01 black tees.
vault.4k.com/collection/ethe…
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The news is out 🎉
We raised a $3M seed round led by @ElectricCapital @CrosscutVC @Collab_Currency @ConsenSysMesh @ideocolab!
The next evolution of #NFTs is here. We believe digitizing (physical) collectibles will be a game changer. More to come!
coindesk.com/rolexes-in-defi…
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👀 Find our booth at DCentral!
The @4KProtocol booth with $1,500,000 in assets that are #NFTs with a security guard ✊
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THROWBACK THURSDAY:
🛑That time Dee Brown stopped mid-Slam Dunk Contest to PUMP.
His “no-look” slam sealed the 👑, and Reebok Pumps were immortalized in SNKR culture.
Now you can bring them on-chain as a 4K Physically-Backed NFT.
Trade. Sell. DeFi.
👉piped.video/J99cQOe8EMs
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What holds more value: physical or digital world?
…why not both? 🧵
Crypto is the ultimate playground for people like our CEO @Megatron who want to work on the cutting edge of technology. 4K consists of a marketplace & protocol designed to seamlessly on-ramp physical assets…
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What $400B industry has no leverage?
Collectibles. Until now👇
4K CEO @megatron joins @gmoneyNFT on the @Admit0001 Podcast to talk about why tokenizing your real-world assets unlock tools like #DeFi to financialize the entire collectibles industry.
podcasts.apple.com/us/podcas…
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The time Vitalik flexed Unisocks😂
We’re 💥GIVING AWAY💥 a tokenized 4K Socks NFT.
On-chain merch ➡️ future of fashion.
Keep the NFT or redeem the RWA.
It may be the closest you get to the King of Eth.
To win
👉Retweet/Follow
👉 Join discord.com/invite/4kprotoco…
🛑 11.7 @ 12PM EDT
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Wen @gmoneyNFT is bullish on you💥
The future of Web3 looks like #RWAs on-chain as 4K physically-backed #NFTs.
Each NFT is a 1:1 digital receipt for the world’s most unique assets.
If you know, you know👇
@9dccxyz
Mint ANYTHING at 4k.com
Check the 4k NFT's in my wallet. They verified the condition its in and they hold custody of the assets, allowing it to be used confidently as collateral.
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💥YEEZY #NFTGIVEAWAY💥
Last day to WIN A PAIR OF #yeezyboost that we turned into a PHYSICALLY BACKED NFT. #Sneakerheads keep, trade or sell the #NFT or redeem for the IRL #Yeezys
➡️ Retweet, follow, & like
➡️ Comment: What was your first #NFT?
👀Tag for bonus entries
Ends 03.22
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“Built for innovators, change-makers and disruptors.”
@9dccxyz
The wait for the future of Web3 fashion is over.
Today’s 4K Vault ‘MINT THIS’ Livestream features ITERATION-01💥
The physical shirt can be redeemed w/ 4K.
Sneak peek 11 AM PST
Tuesday’s👉twitch.tv/4kprotocol
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5) A New Composable Primitive for #Web3.
4K Protocol provides trust that a token is truly backed by the physical item. This opens a new world of possibilities for what you can build:
💰 DeFi
👕 Merch
⚖️ Marketplaces
🌎 DAOs
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Life can be a lot simpler than we make it out to be.
Find the problem & come up with the solution. In the end, they'll all want to work with you...
🙏 @garyvee
#web3
Keep crushing:
@gmoneyNFT
@tropoFarmer
@seeapefollowape
@frankynines
@captain6171
@beijingdou
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GM Miami.
Art Basel hits differently.
Stoked to get a custom physical @9dccxyz x @ArtOnBlockchain IT-02 so we can bring it on-chain
Mint yours as a 4K Physically-Backed NFT w/ our self-serve minting request @ 4K.com
Tokenized Merch unlocks the power of Web3
ITERATION-02
9dcc x @ArtOnBlockchain
Today (Nov 29 - Dec 3)
Pop up Art Week Miami @ The Gateway 2022 @nftnow
Public IRL minting. No Admit One or IT-01 token needed to purchase.
Everything you need to know:
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The next NFT blue chip: your #Birkinbag.
“Diamonds are a girl’s best friend. Hermes is my soul mate.” @shefinds
Today’s 4K Vault ‘Mint This’ Livestream:
The iconic @Hermes_Paris Birkin 25.
Commonly known but rarely accessible. Until now.
11AM PDT👇
twitch.tv/4Kprotocol
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Ready to dance between the physical and digital realms?
Today's 'MINT THIS' from the 4K Vault features @gmoneynfts crypto-native fashion house @9dcc’s first release: ITERATION-01
NFT owners can redeem the physical w/ 4K👊
Watch every Tuesday 11AM PST👇
twitch.tv/4Kprotocol
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4K’s vision to transform physical goods into #NFTs is breaking new ground for what's possible with #Web3. Why does this vision matter? @RyanPalmieri8 highlights some major benefits: Streamlined Authentication, Lower Fees, #DeFi, & #Metaverse functionality mirror.xyz/4kprotocol.eth/DV…
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1) So, you want to start a Web3 Marketplace?
Bringing real-world assets on-chain has become a reality.
It’s the future of commerce.
Ask Adidas, Nike, and Tiffany & Co.
TBH getting started is daunting.
This is how 4K makes the transition easy👇
🧵
mirror.xyz/4kprotocol.eth/a4…
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Thank you for covering this @0x_bae! We are excited for the world to see our beta marketplace. You can do so here: 4k.com/
.@4KProtocol launched its mainnet Wednesday, expanding #NFTs beyond digital art into luxury goods.
@0x_bae reports.
trib.al/GsK8mZO
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Can you tell a difference between a real and fake SNKR?
Most can't.
The $100M USD counterfeit industry is good AF.
Bringing NFT'ed SNKRS onto a blockchain marketplace won't solve the issue.
Authenticators building custom dApps on 4K Protocol will.
washingtonpost.com/business/…
ALT Authentic Nike SNKRS, 4K Protocol physically-backed NFTs
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1) Web2: Storing your collectibles in your parent's basement.
Web3: Minting them on-chain as 4K Physically-Backed NFTs.
Traditional RWA problems:
- authentication
- lack of storage
- illiquid
It's time to turn your collection into the next set of Blue Chip NFTs.👇
🧵
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Need liquidity?
Think of a 4K Physically-Backed Token as a digital warehouse receipt.
The NFT represents a 1:1 relationship w/ RWAs you bring on-chain.
Merging physical and digital worlds instantly unlocks Web3’s power.
1. Buy @9dccxyz IT-01
2. Redeem
3. Vault w/ 4K
4. DeFi
At @9dccxyz we innovated on this, by working with @4KProtocol to create an actual Physically Backed Token, i.e. a token that acts as a bearer instrument for a physical product stored in the 4k storage facility.
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8) Remember, a 4K NFT is always backed by the physical asset.
With Physically-Backed NFTs, intrinsic and speculative value aren't on the NFT itself, but on the underlying collectible.
4K adds value by providing infrastructure to unlock more utility from latent assets.
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"Decentralized protocols like 4K and Arcade.yxz are shifting the paradigm. By bringing physical collectibles onto the blockchain, borrowing and lending against assets like...comic books have become reality." buff.ly/3RAHHRP
Thanks for the shoutout @coindesk!
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20,398
THROWBACK THURSDAY | The Nintendo Game Boy
Some background on this nostalgic collectible & why some are going for more than $125,000 🧵:
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👋To get started reach out to Wyatt@4k.com or if you have general questions, help@4k.com.
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2) 4K Protocol is the first fully #decentralized protocol for tokenizing physical assets.
Bringing physical assets on-chain is hard. Past attempts to solve this problem have been centralized, ad-hoc, and open to fraud.
4K solved this.
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We are blown away at the support of our beta marketplace launch! We've already minted NFTs for the sellers and we're working with them to get prices listed soon. You can expect to see prices in the next 48 hours!
Thank you for your patience!
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Did you know that the most expensive Hot Wheels car sold for $175,000?
This #throwbackthursday we're taking a deep dive into all things Hot Wheels 🧵:
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We have a unique connection with “things.” We acquire them and struggle to let them go- even when they lock up our liquidity.
The 4K solution?
Bring RWAs on-chain as physically backed NFTs and plug them into #DeFi like @arcade_xyz for instant loans.
Web3’s digital pawnshop.👇
I come from a family of pawn brokers. I used to make loans IRL on Rolex's when I worked in the shops.
We're bringing that liquidity into DeFi now with @arcade_xyz and @4KProtocol.
Pawn shops are humankind's oldest financial institution. Billion $ industry ready for disruption.
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Let's put the debate to rest! Which term should be adopted to indicate #NFTs backed by physical goods (RWAs)?
Are we missing any?
3%
Metaphysical
60%
Physically-Backed NFTs
30%
Phygital
7%
Networked Product
30 votes • Final results
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This is how we show “Proof of Asset.”
What does an on-chain NFT look like?
Stunning.
If you missed yesterday’s ‘MINT THIS’ Livestream👇, we’re bullish on @Hermes_Paris #Birkinbags in the 4K Vault.
Real assets. Real transparency.
Tuesday’s on Twitch.
piped.video/Fcop_lWEn9I
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1) Art. Crypto. Voting.
All three are expressions of independence. Now they’re merging the physical and digital worlds.
In 2020 the Pink Fist “Vote” non-partisan campaign had 100M views on billboards around the US.
Today their $20.22 NFT empowers “Vote On-Chain and IRL.”
🧵
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