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A Fresh Take on NFTs is Allowing People to Buy their Favourite Color

Color NFTs

Do you love a particular color so much that you want it to completely belong to you? Well, that is about to become a possibility with the new meta-NFT project called Pixel Colors. You can buy a particular hue in the Ethereum blockchain and yes, the investors are going to enjoy great perks. 

The invention of Non-Fungible Tokens (NFTs) has given birth to a new era for content creators. They are no longer merely collectibles as the use cases are expanding to different dimensions. If you own a digital asset today like paintings, digital avatars, land, hoverboards, or music, etc. you are going to shape up how the metaverse would look like and eventually enjoy benefits in the real world as well. 

As more and more projects have started to find their audience in the first half of 2021, the total sales of NFTs have reached around $2.5 billion. 

With that being said, there are many NFTs that can have a great impact but have not become mainstream, One such example is, colors as NFTs. Pixel Colors is bridging this gap with a complete color palette scheme crafted carefully on the basis of RGB-compatible colors. The company is ready to roll out 1,111 of them with the same price point for all and trading on the secondary market might just make every color shade worth thousands of dollars.

So, buying a color that you think represents you or your brand the best won’t only remain as a collectible but also an investment for the future.

 

Why More People Should Invest in Color NFTs?

Makers of the Pixel Colors are eyeing long-term value for the community. But with that, the best catch of color NFTs is going to its great utility and expected returns. 

Every color is being built on an open protocol that will allow any NFT-compatible game or environment to integrate your Pixel Color as a Color Object. So, for painting walls in the metaverse or using the color for character rendering, the right to use will belong to the owner of that particular shade. 

Going one step ahead, Pixel Colors is also planning to collaborate with big names from the world of art and create digital pieces based on the Pixel Colors palette. The profitability-sharing ratio for all the commercial projects will remain simple with part of the licensing fee being distributed among Pixel Colors and their buyers, as per the pre-decided NFT agreement. 

Ali Khan has been a staff writer for The USA Times for the past two years. He enjoys writing about various topics including Tech, Money and, Business. He loves covering topics related to startups and often writes about serial entrepreneurs. In his free time, he likes to play Chess and Tennis.

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