The Super How’s NFT Auction is the first in a series of planned sales by developers and publishers with proceeds going to charity. But many believe that the current price per token for these collectible cards will be too low, leaving smaller players unable to compete with larger corporations who can afford more expensive bids.
The latest version of Super How’s NFT auction features a twist on the classic game show, with tokens drawn from a virtual wallet. The premise is that players must buy new assets in order to win games and get more points.The “how to invest in nft’s” is a new cryptocurrency that has been created by the community. The community will battle big investors at Super How’s NFT Auction. Read more in detail here: how to invest in nfts.
The 26th of October, 2021, in Vilnius, Lithuania
Superhow is an art portal. ART is holding a one-of-a-kind NFT auction. A genuine oil painting, “Head with Legs,” by one of the finest Russian surrealist painters, Oleg Tselkov, will be auctioned together with the matching NFT during a week-long event.
Whales vs. Shrimps is a competition between whales and shrimps.
During the auction, superhow.ART will organize an experimental competition to explore who has more power in their hands between major investors and the community of enthusiasts.
Whales and Shrimps are the two bidding sides introduced by the organizers. All of the Shrimps’ offers are gathered into a pool that will compete with the Whale’s bid. If a Whale wins, they get the real artwork as well as the equivalent NFT.
If Shrimps win, it will be divided into many portions, each of which corresponds to Shrimp bids and is allocated to their wallet addresses. The artwork will stay in the gallery but will be co-owned by the two parties.
“We want to see whether whales are more powerful than humans. “Perhaps the community can demonstrate that tiny market participants working together can win and become fractional owners of this lovely investment asset,” says Vytautas Kata, superhow.CEO. ART’s
Art in the Future
The NFT industry is flourishing, but detractors dispute the true financial and aesthetic value of.jpg photos that are said to be worth millions of dollars. The idea invites the art community to invest in a real, truly valuable piece of art and digital asset by ignoring the present NFT hoopla.
Due to the rapid adoption of blockchain technology, Kata and the superhow.ART team believe that now is an important time for galleries and art investors to stay on top of technological advancements in order to bring new ideas to the community and create hybrid solutions that bridge the physical and digital worlds.
“By adopting the partial ownership notions utilized in superhow, you may tokenize beautiful art and make it more accessible to a wider audience.” ART. All of this has a significant influence on art investors. If they want to preserve their positions, they must change with the market and become more flexible and liberal,” says Kata.
In essence, blockchain promotes community and decentralization. It has the ability to change the power dynamics in the centralized art market while also bringing a new degree of openness.
“We will always need specialists for confirmation of authenticity, origin, and value,” Kata affirmed. “However, new technology will assist and automate the procedures, bringing much more transparency, social interactions, and societal acceptability.”
Innovation is important to us.
SUPER HOW? is a cutting-edge research and development firm dedicated to using blockchain technology to benefit society via next-generation solutions. The team is certain that blockchain, when combined with other emerging technologies, will become the backbone of practically all major infrastructure, with enormous potential in a variety of fields.
The company’s entry into the art world is the next stage in its efforts to increase blockchain usage and determine the future of NFTs. It should be about art and culture, not hype or low-quality photographs, according to the team.
- Kasiulis Martynas
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