PokedStudio has sold a number of digital bots on an NFT marketplace, with the largest transaction bringing in 3,000 ICP. Pokedstudio, a graphic design firm headquartered in the United Kingdom, has released a collection of 10,000 distinct digital bots categorized as Animal Bot, Battle Bot, Industrial Bot, Food Bot, Game Bot, Wild Bot, Dead Bot, and one ultimate Master Bot, all of which were released on November 9, 2021. PokedStudio is a studio that develops artwork with characters and magical realms.
These bots were built as NFTs, which avoid the unnecessary energy usage of Proof-of-Work. They debuted on Entrepôt, an NFT marketplace. The first NFT marketplace on the Internet Computer blockchain is Entrepôt.app. To make a purchase with Entrepot.app, you must first link your ICP wallet, also known as the Stoic wallet. To purchase the NFT, simply press the buy button and follow the on-screen instructions. Having a funded wallet is required to make purchases.
Bots have sold for 300 ICP (about $172,140) to 3,000 ICP (approximately $172,140) on November 10th. At the time of writing, they were all sold out. Pokedstudio's first step into the metaverse is the Bots NFTs.
What is the Internet Computer Blockchain, and how does it work?
Dominic Williams created Dfinity in 2016 with the goal of creating the Internet Computer. The Internet Computer is a digital token based on the Internet Computer Protocol (ICP), which allows anybody to create software or distribute content on the internet using smart contract-like mechanisms. The purpose of Dfinity was to reinvent the internet as a de-monopolized entity hosting safe software. On the Internet Computer blockchain, NFTs may be created. The Insane Clown Posse was the first NFT to be launched on the Internet Computer Blockchain.
On ICB, there are no gas expenses for minting NFTs.
According to Dfinity's Medium blog, Dfinity teamed with Toniq Labs to airdrop 10,000 Motoko NFTs to conference participants utilizing Stoic wallets on the Internet Computer blockchain at the recent NFT.NYC conference in New York City. This was a demonstration showing there are no gas expenses associated with minting or purchasing NFTs on a decentralized, public blockchain. On Ethereum, minting non-fungible tokens, or NFTs, can be expensive. On Ethereum, minting an NFT is treated as a transaction, and so incurs a fee. The amount of traffic on the network and the amount of computing power required to complete a transaction affect gas costs.
If you want to sell your own NFTs on the Entrepot marketplace, you must first fill out a form. A 1% marketplace fee is charged by Entrepôt, and creators can charge a royalty fee of up to 2.5 percent. The Stoic Wallet is a non-custodial wallet, which implies that the possessor retains ownership of all assets, including NFTs. The first NFT marketplace on the Internet Computer blockchain is Entrepôt.app.
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