What is an HBT?
History-Backed Token is a global first and a new standard in the preservation of cultural history for humanity. A History-Backed Token (HBT) is a 3D digital twin of a historically or culturally significant physical artifact housed in a museum or gallery.
What is an NFT?
An NFT is a non-fungible token. In other words, it’s a decorated way of saying a digital asset stored in the blockchain.
What are non-physical rights?
Non-physical rights constitute ownership of digitalized objects in the virtual world. They are exactly the same as regular ownership rights, just in the Metaverse.
What is a Certificate of Authenticity?
The Certificate of Authenticity is a signed document that legally transfers all non-physical rights to the current owner of the HBT.
What is the Metaverse?
The Metaverse is an immersive digital universe that evolves the way we interact with the environment and each other. This virtual world expands our real life, allowing people to travel, socialize, as well as trade goods and services, except there are no physical limitations.
What is a crypto wallet?
A crypto wallet is software or hardware that enables you to store cryptocurrencies and NFTs. Earth’s Legacy: Devils of Kaunas will be utilizing MetaMask, a very popular and user-friendly wallet, which can be downloaded and added to your browser here.
Should you require assistance during the setup process, please don’t hesitate to reach out to our concierges.
Should you require assistance during the setup process, please don’t hesitate to reach out to our concierges.
How can I place a bid?
To place a proposed offer or a bid you will have to sign into your MetaMask crypto wallet and connect it to our website. Once you are connected you can now navigate to your desired piece and place an offer or a bid.
What is a gas fee?
Each change on the blockchain requires a transaction. This transaction is being processed by network validators of the blockchain, who in return are paid for their services. This means that every bid is a separate transaction and as such needs to be validated, this costing a small gas fee.
What is a mint?
Minting describes the process of producing something for the first time. In the same way an NFT is “minted” on the blockchain and as such the first recorded instance of the NFT is called a mint.
Who are the Devils of Kaunas?
The Devils of Kaunas HBT collection contains all unique, handmade pieces of art, stored and exhibited in the Devil Museum in Kaunas. This is a collection of their digital alter-egos, created in collaboration with and officially certified by the Devil Museum.
What blockchain will the collection be utilizing?
The Devils of Kaunas will be on the Ethereum blockchain.
What rights will owner of the HBTs receive?
Every owner of the Devils of Kaunas will receive the full non-physical rights to the owned HBT. Non-physical rights constitute ownership of digitalized objects in the virtual world. They are exactly the same as regular ownership rights, just in the Metaverse.
What rights will owner of the HBTs receive?
Every owner of the Devils of Kaunas will receive the full non-physical rights to the owned HBT. Non-physical rights constitute ownership of digitalized objects in the virtual world. They are exactly the same as regular ownership rights, just in the Metaverse.