An NFT ("Non-fungible token") can be any asset in digital format including, but not limited to pictures, photos, animated GIFs, songs, movies, e-books, or a digital document associated with a particular digital or physical asset (e.g. license, user manual, terms of use, personal note, etc.).

Blockchain is a decentralized database that is shared and synchronized amongst nodes of a computer network and operates without the need for central authority. Instead of being closed within a single database, as is the case with centralized systems, files and information are diversified throughout the blockchain and made available to as many computers connected to a common peer-to-peer network as needed.

The process of creating an image, music, video or any other digital file and turning it into a digital asset that runs on a blockchain is called "NFT creation".

The process of turning a digital asset to a non-fungible token by taking the necessary steps to make it authentic, recognizable, traceable and permanently immutable is called "minting an NFT".

For detailed information on how to mint an NFT, please refer to https://telinov8.com/how-to-mint-nft.html.

Most of blockchains utilize inadequate mathematical methods are used to validate transactions, which unnecessarily burden the entire blockchain system and make it more complex and expensive than it should be. On the other hand, appropriate software tools, such as Telinov8 WM, will enable the NFT minting process to become transparent and easy to monitor, increase reliability and efficiency, and lower prices.

It is believed that the greatest value of a digital asset, such as a non-fungible token, lies in its authenticity, irreplaceability, traceability and uniqueness.

Data embedded into a digital asset consists of metadata (file name, author name, description) and a file defined as an invisible digital watermark. In addition, there are so-called "security tags" that consist of a hash code, IP address, digital signature, public key and timestamp, also built into the asset. Metadata, invisible watermarks and security tags, all together, prevent any changes and alterations to the original file structure and preserve immutability.

Actually, no. In order for a digital asset to be presented as an NFT, there must be a certificate of authenticity and proof of non-fungibility associated with it. There are several ways to achieve this, but the most sustainable solution is to incorporate the data permanently and invariably into the digital asset itself, using appropriate software tools.

Anyone can mint an NFT and sell it on digital markets (such as NFT marketplaces), at any price and in any currency.

You can sell an NFT in any currency, whether it's fiat currency (e.g. the U.S. dollar, the euro, the pound etc.) or cryptocurrency (e.g. Bitcoin, Ethereum etc.).

No, you can't. You can only sell an NFT on a platform that utilizes blockchain technology and allows your potential customers to authenticate your NFT.

You can sell an NFT in any currency, whether it's fiat currency (e.g. the U.S. dollar, the euro, the pound etc.) or cryptocurrency (e.g. Bitcoin, Ethereum etc.). You don't have to use any particular shopping platform to sell an NFT, but you do need a platform that utilizes blockchain technology and allows your potential customers to authenticate your NFT.

Each NFT contains metadata, security tags, and even some other files (say, short videos, or profile images) embedded within and that data is stored there permanently - provided the NFT is treated as a whole. If we try to copy a piece of the NFT, or capture a moment (e.g. take a screenshot, record a sound etc.), the embedded data will disappear. You would have some kind of video or audio stored on your device, but without metadata that would enable verification of the original digital asset, so it would no longer represent a real NFT. It's a different file now, which resembles an NFT, but the structure of the file has changed and it lacks key information that would testify to its authenticity.

Anyone who buys a digital asset with a certificate of authenticity and proof of irreplaceability that is permanently inscribed in it can claim to have bought and owned a real NFT (real photograph, animation GIF, music, video etc.). This in no way prejudices the right of others to own it if they purchase it (unless the seller specifies otherwise), nor does it in any way infringe the copyright of the NFT owner.

Yes, it is. It is possible to trace an NFT from creator to customer by validating the transaction on a blockchain, or by directly extracting information embedded into the NFT itself.

No, this is not possible. In the event of any intervention on the NFT, its data will no longer be readable (an error will be reported), which means that this digital asset is no longer considered irreplaceable and authentic. Accordingly, it can no longer be called an NFT and cannot be part of a blockchain.

Telinov8, also known as Digital Chip Card Technology ("DCCT"), is a set of innovative telecommunications-based solutions for secure storage and wireless sharing of sensitive data or other data that require authentication. This technology allows us to permanently insert metadata, text messages and files of any type into digital assets and wirelessly transfer data from device to device using sound or QR code as the carrier of information that underlies the transmission process.

At the heart of the Telinov8 ecosystem lies a digital chip card. It is a digital asset that contains metadata, images, audio, video, PDF files, text messages, bank transactions, etc. built in and guarantees the fidelity and security of the way data is collected and transmitted. The processing and memory units are integrated into a digital chip stored in the asset they form an integral part of.

Digital chip card technology aims to preserve the authenticity of everything that is digitally stored and uniquely identifiable, protect copyrighted works from alteration, loss, damage and abuse, find sustainable solutions to environmental challenges and value user privacy. At the end of the day, technology and innovation must be in the service of social responsibility and – we firmly believe – Reinvigorate the future of communications.

Telinov8 is a guiding light for everyone who is looking to mint real, unique and self-verifying non-fungible tokens (NFTs) and put them up for sale on a tailored-fit blockchain, improve blockchain technology algorithms, insert metadata and files of any type directly into a digital asset, cover all aspects of digital copyright and intellectual property protection, initiate contactless transfer of sensitive and confidential information, documents, audio and video files, images and text messages from device to device at a short distance, provide reliable and secure channels for the transmission of financial information, implement efficient access control solutions, etc.

Telinov8 WM is a desktop and cloud-based app and the driving force behind digital chip card technology ("DCCT"). It enables us to permanently insert metadata, images, audio, video, PDF files, text messages, or bank transactions directly into a digital asset, which can be of any size and any type, from small text files, Excel, Word, PDF documents and images to e-books, music albums, videos, movies and digital chip cards. The inserted metadata and files are invisible, inaudible and in no way compromise the structure of the original file. Telinov8 WM has the option to validate the watermarked (NFT) file, read out all the metadata you have entered, confirm the presence of the security tags and extract the watermark. Telinov8 WM is able to verify the authenticity and integrity of data independently of external sources, even when you're offline.

Telinov8 Network is a simple and reliable blockchain solution with up to three nodes connected to a common peer-to-peer (P2P) computer network and sharing broadcast data with each other. Unlike other algorithms based on a large number of nodes and the use of inadequate computing that unnecessarily complicate the process of verifying NFT transactions, our blockchain relies on permanent embedding of information and files directly into the transaction file using Telinov8 WM software, which greatly simplifies the whole thing.