NFTs have developed into a multibillion-dollar industry, with art collectors and memorabilia hunters bidding millions of dollars for rarefied digital works and memories of superstars from many fields, including music, art, film, and sports.
This sector has sparked a worldwide rush of artists and investors looking to grab a piece of the action. These digital assets are allowing artists and creators to not only earn more money but also to form new connections with their audience.
NFTs are about more than just allowing artists to sell their work. Digital tokens are upending a wide range of industries that have long depended on traditional business methods. NFTs are giving things a digital twist in ways that were previously unimaginable.
Sakura is a blockchain NFT project that will assist celebrities, influencers, athletes, musicians, and artists in creating their own collectibles. Sakura is on a mission to solidify NFTs as an important industry in the blockchain world.
The project is building a Japanese-based NFT marketplace that aims to tokenize the works of popular athletes and celebrities. It is designed mostly for those who are active in the times and well-known individuals, as well as entertainers who want to share their photographs, films, and other stuff with the world.
Sakura has established itself as a branded platform that will continue to develop steadily in the near future, as the NFT sector moves closer to widespread mainstream acceptance.
To some extent, rarity drives the NFT market. Sakura will be forming partnerships with well-known athletes and celebrities to help tokenize and monetize the finest moments in their lives and careers, bringing them closer to their fan base. A blockchain project named XRI is working on the development of the SAKURA NFT Platform.
XRI is a project that intends to deliver decentralized infrastructure to individual Internet users in order to act as the nexus between blockchain technology and the world’s data. XRI is on a mission to bring enterprise solutions to the data market and also solve many of the impending challenges that have eroded the data industry and as such XRI will be working with Sakura to deliver its NFT platform.
Sakura is the first mover in the gold NFT race.
Almost everyone seems to be following the regular pattern in the issuance of NFT, however, Sakura is seeking to change the course of things on how NFTs could be valued. Commenting on the uniqueness of the Sakura NFT marketplace distinctiveness, saying:
“We learned from the cryptocurrency system that gold may be circulated without the need to carry banknotes. It marks the start of a new gold standard. Sakura Japan will collaborate with Arca Degussa to create the world’s first gold distribution system. As a result, GOLD DEBIT NFT will be available soon. This is a product where you may buy an NFT with GOLD DEBIT, which allows you to add gold value to the NFT in order to keep the NFT and cryptocurrency prices stable.”
Despite the fact that NFTs are becoming more mainstream, they remain inextricably tied to the crypto ecosystem and hence vulnerable to market volatility. Sakura’s invention will bring gold to NFTs, therefore stabilizing the price flow of Sakura NFTs. This may be a game-changer for the whole NFT industry and a springboard for new ideas. Sakura is embracing every opportunity to establish itself as a popular choice.
A look at Sakura’s recent partnerships
Sakura has signed a number of athletes and celebrities, adding to its lists of athletes. This was announced through a blog post:
“SAKURA NFT Platform is a platform providing various functions related to NFTs, in which they revealed new information about a great car racer, Ai Miura”
The first contract with Ai Miura, will almost certainly serve as a springboard for other major partnerships in the future. Ai Miura is a Japanese racing driver. She was the first Japanese woman to win a Formula 3 race.
Ai Miura earned the first Japanese Formula 3 Racing Series champion in the series’ history in 2014. She won the FIA Solar Car Race Suzuka, the KYOJO Cup, and the VCR Vita as well. She competed in Formula Regional Japan, Super Taikyu, and Mini Challenge Japan in the year 2020.
This partnership is the first in what may be a succession of partnerships with world-class athletes, a blockchain-focused community of eSports fans, gamers, digital artists, and cryptocurrency activists.