Partial Distribution of BTC and DOGE coming this year, Yay! But Why 'Partial'??? and when rest???

From Aug 17 Grant-Thornton post:

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Also see :

• Permitting Cryptopia to take no steps to distribute cryptocurrency to account holders who have an account balance of less than the costs of the trust administration.
• ----???? They are also getting approved to sell crypto for administration costs....What % are we going to get back....There is nothing we can do....what we get is what we get....

The Flippening: When ETH Almost Surpassed BTC

Ah, pull up a chair, young one. These past weeks, I've been posting data, analysis, past-curiosities and tales from the world of crypto. I bring you one more curiosity. There's a term that has captured the imagination of many: "The Flippening." But what exactly is it? Let me tell you a story, my young cryptocurrency friend.

The Flippening refers to the potential future event when Ethereum's (ETH) market cap surpasses that of Bitcoin's (BTC). It signifies a paradigm shift, where Ethereum would take the crown as the most valuable cryptocurrency. This isn't just about numbers; it's symbolic of the changing tides in crypto priorities, use-cases, and the community's belief in the potential of different blockchain platforms. All of this sounds very far from reality, right? Nothing can go above Bitcoin; it won't happen.

Chart: Selfmade; Data: CoinMarketCap

But did you know that this event almost materialized once? In early 2017, Ethereum was valued at just over $10. By June 2017, its price had skyrocketed to over $400, marking an astounding 3,900% increase in just half a year. ETH ended the year at $800. During this period, the gap between the BTC and ETH market caps narrowed significantly, with Ethereum reaching over 80% of Bitcoin's value. The crypto community was abuzz with speculation and predictions.

BTC down 10.61% and ETH up 12.22% compared to today. Chart: Selfmade; Data: CoinMarketCap

Many in the community felt it was only a matter of time before Ethereum would surpass Bitcoin, while others remained steadfast in their belief in Bitcoin's supremacy. Every uptick in Ethereum's value reignited the conversation about "The Flippening," and every downturn brought a collective sigh of relief from those rooting for Bitcoin.

While the ETH Flippening didn't fully materialize, we did have a flippening that wasn't talked about much, at least for a brief period in 2018. Altcoins and all other coins that weren't Ethereum surpassed Bitcoin in market cap. The Altcoin Mania or Alt-season.

Briefly. BTC down 16.86%, ETH down 0.71% and \"Others\" up 17.65% compared to today. Chart: Selfmade; Data: CoinMarketCap

Eventually, Bitcoin retained its top spot. And ETH moved away from a flippening, and it's no longer talked about, but the event showcased Ethereum's growing influence and the increasing interest in its smart contract capabilities and decentralized applications.

As we move forward, the possibility of a ETH Flippening remains in the mind of some. Whether or not it happens, it's clear that both Bitcoin and Ethereum have carved out significant niches in the crypto space, each with its unique strengths and contributions.

Full chart below, in case you're curious about how these metrics have evolved since 2013:

Cryptoassets By Percentage of Total Market Capitalization (Bitcoin Dominance Chart). Source: CoinMarketCap

This is all for today, until another time, farewell my friends.

Beyond the Canvas: Our NFT Marketing Agency Elevates Artistic Potential

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NFT Marketing Agencies

Welcome to a realm where creativity knows no bounds – Beyond the Canvas, our visionary NFT Marketing Agency redefines artistic potential in the digital age. As the world transitions into a new era of expression, we stand as pioneers at the forefront of this evolution, fusing artistry with technology to unlock uncharted dimensions. Our agency isn't just about promoting art; it's about cultivating a transformative journey that empowers artists to transcend traditional confines and embrace the limitless possibilities of the virtual realm. With a fusion of innovation and expertise, we navigate the intricate landscape of Non-Fungible Tokens (NFTs) marketing agencies, breathing life into unique creations and connecting artists with a global audience that reveres the extraordinary. Beyond the Canvas isn't merely a title; it's a testament to our commitment to push the boundaries of creativity, inviting artists and enthusiasts alike to join us in this groundbreaking odyssey of boundless imagination.

NFT (Non-Fungible Token) revolution in the art world

The art world is undergoing a monumental transformation through the NFT (Non-Fungible Token) revolution. NFTs, representing ownership of unique digital assets using blockchain technology, have unleashed a new era of artistic expression and ownership. Unlike traditional art, NFTs ensure provenance, scarcity, and indivisibility, enabling artists to directly monetize their digital creations while collectors gain verifiable ownership of exclusive pieces. This seismic shift has democratized art, welcoming creators from diverse backgrounds to showcase their talent without conventional gatekeepers. Galleries, museums, and artists are embracing this paradigm shift, redefining how we perceive, buy, and sell art. As the NFT phenomenon continues to reshape the art landscape, it challenges conventions, empowers artists, and invites enthusiasts to engage with creativity in unprecedented and exciting ways.

Importance of NFTs in transforming the way artists create, sell, and market their work

NFTs have emerged as a revolutionary force, fundamentally reshaping the artistic landscape by transforming how artists create, sell, and market their work. By harnessing blockchain technology, NFTs provide an immutable record of ownership and authenticity, eradicating concerns of plagiarism and ensuring artists receive rightful recognition and compensation for their creations. The direct-to-collector model enabled by NFTs eliminates intermediaries, granting artists greater control over pricing and distribution. This decentralized approach fosters a global marketplace where emerging talents can flourish alongside established names, diversifying artistic voices. Moreover, NFTs allow for dynamic engagement with audiences through interactive and multimedia elements. As a result, artists are empowered to explore innovative mediums and concepts, fostering unparalleled creative freedom. In redefining the relationship between artists and their audience, NFTs have unleashed a new era of artistic autonomy, accessibility, and entrepreneurial potential.

How our NFT marketing agency enhances artists' potential in this digital era

Amidst the dynamic shift towards a digital era, our NFT marketing agency stands as a catalyst for elevating artists' potential to unprecedented heights. By leveraging our expertise at the intersection of art and technology, we empower artists to harness the transformative power of NFTs. Through strategic guidance, we navigate the intricate NFT landscape, ensuring artists' creations are optimally showcased and marketed to a global audience. Our agency's collaborative approach nurtures innovation, enabling artists to explore novel mediums and concepts that captivate digital-savvy collectors. With a tailored blend of creativity and strategy, we unlock new revenue streams and broaden exposure, enabling artists to monetize their digital artistry while preserving the integrity of their vision. As pioneers of this digital art frontier, our agency propels artists towards limitless possibilities, fostering a future where artistic potential knows no bounds.

what NFTs are and how they work
NFTs, or Non-Fungible Tokens, are a revolutionary concept within the world of digital assets and blockchain technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and interchangeable with one another, NFTs are unique and indivisible digital tokens that represent ownership and provenance of a specific digital item or piece of content. This uniqueness is what makes NFTs particularly valuable for representing digital art, collectibles, virtual real estate, music, videos, virtual goods in video games, and more.

The process of creating and using NFTs involves the following steps:

1. Creation: An artist or creator mints an NFT by uploading a digital file to an NFT platform. This file becomes the core of the NFT and is associated with a unique token ID.
2. Tokenization: The uploaded file is converted into a unique token on the blockchain. This token is the NFT itself and is stored on the blockchain, containing information about the digital file, ownership, and metadata.
3. Ownership: Once minted, the NFT can be bought, sold, or traded on NFT marketplaces. Ownership of the NFT is tracked on the blockchain through the ownership of the corresponding token.
4. Provenance and Authenticity: The blockchain's transparency ensures that the ownership and transaction history of an NFT are publicly verifiable. This addresses concerns of authenticity and provenance, a critical issue in the art world.
5. Smart Contracts: NFTs often involve smart contracts, which are self-executing agreements with the terms of the sale encoded. These contracts enable automatic royalty payments to creators whenever the NFT is resold, allowing artists to continue benefiting from their work's appreciation.
6. Interoperability: NFTs can be used across different platforms and applications. For instance, virtual goods purchased as NFTs within a video game can be transferred to other games or platforms that support NFTs.

The Role of NFT Marketing in Empowering Artists

NFT marketing plays a pivotal role in empowering artists by providing them with the tools, strategies, and exposure needed to thrive in the evolving digital landscape. Here's how NFT marketing empowers artists:

1. Visibility and Exposure: NFT marketing agencies leverage their expertise to showcase artists' creations to a global audience. They optimize content for NFT marketplaces, create compelling descriptions, and utilize strategic keywords, increasing the visibility of artists' work and attracting potential collectors.
2. Brand Building: NFT marketing helps artists establish a strong digital presence and personal brand within the NFT community. Consistent branding enhances recognition and builds a loyal following, which can lead to increased demand for an artist's NFTs.
3. Educational Resources: Marketing agencies often educate artists about the NFT ecosystem, guiding them through the process of minting, pricing, and promoting their NFTs. This empowers artists to make informed decisions that align with their artistic goals.
4. Market Insights: NFT marketing agencies analyze market trends and collector preferences, offering artists insights into which types of content resonate most. This knowledge helps artists tailor their creations to cater to current demand.
5. Engagement Strategies: Effective marketing agencies develop engagement strategies that encourage interaction and dialogue between artists and collectors. Engaged collectors are more likely to become repeat buyers and supporters.
6. Community Building: Building a community around an artist's work fosters a sense of belonging and loyalty. NFT marketing agencies help artists engage with their audience through social media, forums, and online events, creating a supportive fan base.
7. Innovative Promotion: NFT marketing professionals explore creative ways to promote artists' NFTs, such as collaborations, limited editions, and interactive experiences. These strategies make the acquisition of NFTs more enticing to potential buyers.
8. Cross-Promotion: Marketing agencies facilitate collaborations between artists, enabling them to cross-promote each other's work. This exposure to new audiences can lead to increased visibility and sales.
9. Maximizing Value: By positioning an artist's NFTs as valuable and unique digital assets, marketing efforts can lead to higher sales prices and increased demand over time, benefiting both artists and collectors.
10. Long-Term Sustainability: Effective NFT marketing goes beyond short-term gains, focusing on building a sustainable career for artists in the NFT space. By fostering relationships and continually adapting to changing trends, marketing agencies contribute to an artist's long-term success.

How traditional art marketing differs from NFT marketing?

Traditional art marketing and NFT marketing differ significantly due to the unique nature of the digital landscape. Traditional art marketing often revolves around physical galleries, exhibitions, and print media, targeting local and established art enthusiasts. In contrast, NFT marketing harnesses online platforms, social media, and blockchain technology to reach a global and digitally-savvy audience. NFT marketing focuses on educating about blockchain, rarity, and ownership, while traditional marketing emphasizes aesthetics and historical context. NFTs allow for direct artist-collector connections, bypassing intermediaries, while traditional art often involves galleries and agents. NFTs thrive on interactivity, enabling collectors to engage with the art in novel ways. The borderless, innovative, and inclusive nature of NFT marketing distinguishes it as a transformative force within the art world.

The potential benefits of cross-promotions and how they can elevate an artist's reach and reputation

Cross-promotions hold immense potential for artists, offering a range of benefits that can significantly elevate their reach and reputation within the art community and beyond.

1. Expanded Audience Reach: Collaborating with fellow artists, creators, or brands exposes an artist to a broader audience. This audience crossover introduces their work to new admirers who might not have discovered it otherwise.
2. Diversified Fan Base: Cross-promotions attract followers of the collaborating parties, leading to a more diverse and engaged fan base. This diversity can enhance an artist's credibility and demonstrate their versatility to a wider audience.
3. Enhanced Credibility: Partnering with respected artists or brands can bolster an artist's credibility. The association with established figures can validate an artist's work and attract positive attention from both their existing and new audiences.
4. Innovative Exposure: Collaborations often result in innovative content that draws attention. Joint projects, whether it's a co-created NFT or a shared event, can capture the imagination of collectors and fans alike.
5. Community Building: Cross-promotions foster connections with other artists and their communities. These collaborations can lead to long-lasting relationships, enriching an artist's overall support network.
6. Storytelling Opportunities: Collaborations offer a chance to tell a compelling story, whether it's about shared values, creative processes, or the inspiration behind the partnership. A well-crafted narrative can resonate deeply with audiences.
7. Value-Added Offerings: Joint releases can include unique perks, bonuses, or access to exclusive content for supporters of both artists. This value-added approach enhances collector engagement and loyalty.
8. Leveraging Each Other's Strengths: Collaborations allow artists to leverage each other's strengths. For example, one artist's skills in digital art might complement another artist's expertise in traditional mediums.
9. Mutual Promotion: Both collaborators promote the joint venture, leading to a cross-pollination of followers and increased visibility. This cooperative effort amplifies marketing efforts beyond what either artist could achieve individually.
10. Long-Term Impact: Successful cross-promotions can leave a lasting impact on an artist's reputation. Memorable collaborations can become part of an artist's legacy, contributing to their overall brand narrative.

Conclusion

In a world where innovation and creativity converge, Beyond the Canvas our NFT Marketing Agency, stands as a beacon of transformation. With an unwavering commitment to artists and their unique visions, we chart a course into uncharted digital territory, where the potential for artistic expression knows no bounds. As NFT marketing agencies reshape the art landscape, our agency serves as a guiding light, illuminating the path to newfound opportunities and boundless horizons. With a fusion of technology, strategy, and passion, we empower artists to transcend traditional confines, crafting narratives that resonate across the digital spectrum. Beyond the Canvas isn't just a destination; it's a journey that invites artists to redefine their futures, collectors to embrace the extraordinary, and the world to witness the limitless power of art in the digital era.

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