Auctions are a popular and proven method for film, music and entertainment artists to successfully sell out their NFT collection drops at the best price possible.
The trend is changing on how exactly to do this. NFT marketplaces are using the Dutch auction technique more often. This technique is different from the traditional selling method used by auction houses.
With a regular auction, the opening price bids start low and progress higher when buyers willing to pay a higher price for the same item make the bids. The final price is determined when the highest bid is made. At which point, the item is sold to the highest bidder.
With Dutch auctions, everything is reversed.
Distribution of a NFT collection needs to be fair and random. Prices start very high and then slowly drop at predetermined time intervals, such as 10 or 20 minutes.
As the tap on price tag starts dripping, collectors snatch up NFTs. There is usually a predetermined floor price. Rarity is based on provided price levels and mints in the collection. The lower the price, the higher the risk is of missing out.
Artists want to sell out at the end of a Dutch auction.
Even traditional auction houses have caught up with the NFT fever. The Christie’s and Sotheby’s houses recorded the top sales so far, including the Beeple’s digital art, which sold for a massive $69 million at Christie’s in March 2021.
What if we could help you build that fanbase?
Fans create buzz. Fans want to be a part of the creative process.
If artists and filmmakers engage their community in inclusive ways, they may have a better road taking their idea from inception, to reality.
The Mogul development team is hard at work assembling the newest features for Mogul’s NFT Marketplace and ecosystem. Ten major features have been or are about to be onboarded. A new feature will be reviewed each week over the course of ten weeks.
Mogul is where movies meet blockchain. Mogul partners with some of the biggest names in entertainment, helping artists of all sorts connect with their most loyal fans on different levels, while giving them innovative ways to engage with their favorite performers.
Mogul collects and displays these pages for users to be able to get a view of all NFT collections past, future, and present. Users can browse through a few featured collections or look through existing and past collections.
The Mogul Productions marketplace currently supports dedicated Showcase pages that provide users all the information they need about a NFT drop.
Main Display
Collections that have Showcase pages will display useful information pertaining to the drop. These include:
Title
Short Description
Featured Image
Social Media Links
Collection Description
Number of NFTs sold
Additional Modules
In addition, the Mogul Marketplace supports a number of different modules which can be added for even more information about the drop. These modules will display or be hidden based on if the information was provided.
Featured – Rotating carousel that can display images and videos of all aspect ratios
Video or graphic page to grab people’s attention
Launchpad Description – Large text formattable sections for additional text and content
Artists/Team Members – Image and text to showcase people involved in the project
Roadmap – Staggered timeline display to show long term goal/milestones
Bottom banner – Bottom Image area to end off the page
Link to the Discord channel. Discord is very popular for NFT drops. It gives NFT artists and creators the ability to get personal with like-minded community members rather than spamming links at them. They are able to foster the community in ways they see fit. Host discussions, live stream events, bring new ideas to life, set up calls as well as promote their project.
Navigating New Frontiers
Mogul Productions is capable of leveraging these advanced technological innovations to give artists and buyers alike a more robust user experience.
Toward The Future
The Mogul NFT Marketplace is the marketplace where film & entertainment meet blockchain. The development and marketing team keeps up and is often ahead of technological advancements within the blockchain community.
Mogul’s community-oriented system is specifically built for the entertainment industry, making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners .
Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.
Are you ready to unlock the potential of NFTs in film entertainment?
Need a robust platform to build your fanbase and raise capital?
The Mogul development team is assembling the newest features for Mogul’s NFT Marketplace and ecosystem. Ten major features have been or are about to be onboarded. A new feature will be reviewed each week over the course of ten weeks.
Mogul Development Update #7
An interface is generally a surface regarded as the common boundary of two bodies, spaces, or phases.
In this case we are talking about interfacing the Mogul NFT Marketplace with specific NFT Collections or projects. The Mogul NFT interface for public drops, whether they be specific partnership arrangements or automated public sales will link to a landing page with a banner and artist information section. NFT drops often have “Showcase” pages as well.
Collectors, fans and inquirers can go directly to the landing page where they can gather more information about specific NFT or DeFi projects. The landing page is created and launched by the artists, or the Mogul production team, depending on the project arrangement. It will allow fans and collectors to buy the NFTs right then and there.
General information should…
include a graphic banner that characterizes the NFT drop.
allow fans to view the entire collection on either ETH or BSC
A graphic or video is generally included for each NFT available for minting, rebuy or auctions
Each NFT detail page should allow fans and collectors to buy the NFTs right then and there.
Buyers, inquisitors and collectors can view the transaction history
Navigating New Frontiers
Mogul Productions is capable of leveraging these advanced technological innovations to give artists and buyers alike a more robust user experience.
Mogul is where movies meet blockchain. Mogul partners with some of the biggest names in entertainment, helping artists of all sorts connect with their most loyal fans on different levels, while giving them innovative ways to engage with their favorite performers.
Toward The Future
The Mogul NFT Marketplace is the marketplace where film & entertainment meet blockchain. The development and marketing team keeps up and is often ahead of technological advancements within the blockchain community.
Mogul’s community-oriented system is specifically built for the entertainment industry, making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners .
Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.
Are you ready to unlock the potential of NFTs in film entertainment?
Need a robust platform to build your fanbase and raise capital?
The blue Verified badge on Twitter lets people know that our Mogul Twitter account is of public interest.
Having the blue badge means Twitter recognizes Mogul Productions to be authentic, notable, and active. Which is precisely the vision of the Mogul team in the NFT space, especially when it involves film, music, art and entertainment.
Thank you Twitter for verifying Mogul, recognizing us, and building our credibility with the NFT and DeFi community as a well-known brand.
The Mogul development team is hard at work assembling the newest set of features for the Mogul Productions NFT Marketplace and ecosystem. Ten major features have come on board. Each one will be reviewed over the course of ten weeks.
So far, NFTs have barely scratched the surface when it comes to their potential. Most NFTs exist as static items on the blockchain available for buying and selling on digital marketplaces.
Yet, NFTs have enormous creative potential, which artists and collectors can harness to diversify their functionalities. Unlockable content is one such crucial element that can add value and infuse creativity into NFTs, thus enhancing the overall trading experience.
Ownership should come with perks. The same goes for NFTs. Fun bonuses are a strong enticement when buying NFTs. Unlockable NFTs are often similar to opening bonus features on different digital media platforms. Smart contracts attached to NFTs give users the right to particular pieces of intellectual property which differ from piece to piece.
Unlockable content may include high-resolution images, video clippings, redeemable coupons, or links to exclusive websites. It can also include physical items like signed merchandise, tickets, or prints of digital artwork.
Filmmakers can include video clips and other surprises in NFTs.
When a cinema enthusiast buys a collector’s edition, for example, they can chance upon an unlockable NFT with exclusive rewards. Such rewards may include deleted movie scenes, special interviews with the film crew, footage from movie sets, and alternative endings. It can also include photographs and signed merchandise from the cast and crew.
Picture a NFT digital poster art from a soon-to-be-released movie. One month later, it unlocks two tickets to the red carpet premiere including a meet and greet with the director and stars.
Three months later, it provides bonus material like deleted scenes or bloopers which only the NFT owner can see. One year later, only specific NFT owners can purchase certain film memorabilia from other movies in production as a special thank you for supporting them.
Unlockable NFTs can also include audio files, like songs from musicians.
While releasing an album through NFTs, musicians can steganographically incorporate exclusive music tracks as unlockables. The mystery will bolster the craze around the album’s release, with every fan wanting access to those rare tracks. Musicians can further experiment with unlockables for releasing their practice tracks, rejected song versions, and more.
Picture a NFT digital art of a band which also becomes a concert ticket. Once in, the owner is eligible for upgrades to the front row and backstage passes to hang with the band. The NFT’s smart contract provides recordings of three live songs from that specific concert. A year later, only owners of the band’s NFT concert tickets can purchase certain fan material from the band as a special thank you for supporting them on the road.
Digital art collectors will benefit immensely from unlockable NFTs.
The artist can design a smart contract where a handful of buyers will get additional ownership rights of rare artworks. Unlockables can also include an email link with an authenticity certificate or a physical copy of the artwork.
Game developers can incorporate unlockable NFTs into the gaming ecosystem that players can unlock upon qualifying a particular level.
Here the unlockables may include in-game assets like special characters, superfast racing cars, and heavy ammunition weapons. Gamers will always be on the lookout for such unlockable NFTs within the gaming terrain to enhance their playability.
Big brands, multinational companies, startups, and standalone entrepreneurs can use unlockable NFTs to reach out to their customers.
Product offerings can come with unlockables carrying personalized messages and thank you notes for each consumer. Some unlockable NFTs also come with time capsules that unlock after a certain amount of time has elapsed. These different kinds of unlockables diversify the already existing use-cases of NFTs.
Creators and developers can experiment with these assets to make them more creative.
Such content will contribute toward building a narrative around the digital asset, accessible exclusively to the owner of the NFT.
Beside generating additional value in the secondary marketplace, unlockables also reward collectors with surprises. Therefore, with unlockable content, NFTs no longer remain static collectibles but emerge to become dynamic assets with mysterious rewards.
Unlockable NFTs will help independent creators as well as mainstream corporations and brands forge meaningful relationships with fans and consumers. As audiences unravel new layers of a NFT, they will be able to viscerally connect with the NFT’s story.
Navigating New Frontiers
Mogul Productions is capable of leveraging these advanced technological innovations to incorporate hidden or secret data into NFTs.
Collectors can utilize the steganography coded data in NFTs to acquire other NFTs, discover the backstory, and/or attend the creator’s masterclasses.
Toward The Future
Unlockable NFTs can disrupt the digital assets industry in innumerable ways.
The unlockable content feature in NFTs is a new development in this digital domain. With few marketplaces offering these services, Mogul Productions NFT marketplace stands out as one of the few leading the way.
This community-oriented marketplace is specifically built for the film and entertainment industry, thus partnering with movies, content creators, and intellectual property owners.
Mogul’s robust server platform will be able to augment and add even more functionality as time progresses.
The Mogul development team is as always hard at work assembling the newest features for the Mogul NFT Marketplace and ecosystem. Let’s peek inside a few of Mogul’s new and upcoming upgrades to the NFT Marketplace experience.
NFT and blockchain marketplaces in general have an enormous impact on the Technology Age. Marketplaces are critical elements of the entire decentralized token ecosystem that incentivizes data to be collected, shared and used.
Mogul’s Marketplace V3 is the latest iteration of its Internet technology developed to deliver a faster and more focused user experience.
Performance Upgrades
Mogul uses lazy loading, which is to only load components that are needed. Fans who enjoyed previous features will enjoy an even better user experience, with higher performance optimization.
Search Filters
With multiple exciting NFT drops on Mogul’s platform scheduled for each month from the film and entertainment industry, the marketplace catalog is going to get a lot bigger. This means a lot of decentralized digital data needs to be brought into search engine algorithms faster for users to enjoy the experience. Search filters will need to be quick and robust.
Whether you are searching for specific NFTs, or window browsing a certain range, Mogul’s filters are fast in producing desired search outcomes.
Searches can be performed by alphabetical order and price order. They can be further filtered for price ranges, listed sales and auctions.
Faster Image Speed
With so much data to filter through, performance speed is paramount for an enjoyable user experience. Large files cannot be efficiently stored on blockchains. They become bloated and a lot of storage space is required.
OpenSea, and popular decentralized peer-to-peer marketplaces, store their NFT data visuals where outside marketplaces which need to scrape their sites to visually display visual material on their own sites. Mogul mitigates the time and data delays by keeping that data more often in its own site.
Mogul’s Marketplace V3 is transitioning to further use NFT data and images from its own web marketplace, rather than outside sources. That means faster image speeds.
NFTs ownership and details can be viewed on either the Etherscan, the Ethereum Blockchain Explorer, or IPFS, the InterPlanetary File System
Navigating New Frontiers
Mogul Productions is capable of leveraging these advanced technological innovations to give artists and buyers alike an more robust user experience.
Toward The Future
The Mogul NFT Marketplace V3 is the marketplace where film & entertainment meet blockchain. The development team keeps up and is often ahead of technological advancements within the blockchain community.
Mogul’s community-oriented system is specifically built for the entertainment industry, making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners.
Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.
Are you ready to unlock the potential of NFTs in film entertainment?
Need a robust platform to build your fanbase and raise capital?
The Mogul development team is hard at work assembling the newest set of features for the Mogul Productions NFT marketplace and ecosystem. Ten major features have come on board. Each one will be reviewed over the course of ten weeks.
The Mogul Marketplace platform supports ERC721 NFTs.
ERC721 tokens represent non-fungible real-world assets which are better suited for film and entertainment projects, especially when it comes to unique one-of-a-kind fan collectibles.
ERC721 tokens represent a collection of non-divisible assets built on Ethereum compatible blockchains. It is more complex than its fungible predecessor ERC20.
One single ERC20 token can be divided between several owners, whereas one ERC721 token can be owned by only one user at a time.
It is also a faster and more robust interface for representing NFT ownership. The smart contracts for each ERC721 NFT on the Mogul marketplace are what make each digital piece special and collectible.
Implementing the power of ERC721 tokens
Participants in film or music projects gather a collection of virtual film and music memorabilia. Each one is represented by an ERC721 NFT token. Think of ownership of a specific draft of a script, conceptual artwork, deleted movie scenes, special interviews with the film crew, footage from movie sets, and alternative endings. Even production credits and film royalties can be tokenized through ERC721 smart contracts.
In the music world, concert tickets, backstage passes, future purchasing rights like a stock or real estate option, maybe a b-side music track on an album from a band can be owned through NFTs.
An ERC721 token simplifies ownership. They are not divisible. A participant either completely owns or does not fully own an asset on an ER721 NFT. For example, it is not feasible to possess “half a song score” for a film. You either own it all or you don’t own it at all.
Technology upgrade
The main reason for introducing the ERC721 standards was to address the critical challenge of transferring multiple assets without increasing the operational costs. Security of complete ownership is another reason.
Conclusion
Token standards are evolving at a fast rate. ERC721 tokens are only the beginning of the advancements in the Mogul digital environment.
It is also about managing NFT drops, crowdfunding, fanbase building and introducing additional cryptocurrencies to the market in a timely manner. All of these applications need a high level of functionality which is why the Mogul production team is at the forefront of advancing digital technology in film and entertainment .
Toward The Future
The Mogul NFT Marketplace is the marketplace where film & entertainment meet blockchain. The development team keeps up and is often ahead of technological advancements within the blockchain community.
Mogul’s community-oriented system is specifically built for the film and entertainment industry, making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners.
Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.
Are you ready to unlock the potential of NFTs in film entertainment?
Need a robust platform to build your fanbase and raise capital?
The Mogul development team is as always hard at work assembling the newest features for the Mogul NFT Marketplace and ecosystem. Ten major features have come on board. A new feature will be reviewed each week over the course of ten weeks.
Mogul partners with some of the biggest names in entertainment, helping artists of all sorts connect with their most loyal fans on a different level, while giving them innovative new ways to engage with their favorite performers.
Here’s a peek inside another of Mogul’s new and upcoming upgrades to automate the NFT Marketplace experience.
NFT Development and upload of smart contracts is automated.
Mogul’s development team goes the extra mile to provide care and attention for artists and producers that mint and launch their exclusive NFT collections across the Mogul metaverse.
Too often, artists need their own creativity schedules. With automated NFT minting, our entertainment partners can take larger and more independent roles in their own NFT collections..
In the short future, partners can come to the Mogul User Interface, mint their own NFTs, the smart contract will be made for them, and then they can schedule their own drop times.
Mogul’s User Interface
Mogul’s User Interface to create a NFT collection has layers which make a large NFT art collection easy to produce.
Automated NFTs minted and deployed on the Mogul platform are powered by smart contracts which handle the transferability and verify the ownership on the ERC-721 standard.
Mogul Productions is capable of leveraging these advanced technological innovations to give artists and buyers alike a more robust user experience.
Toward The Future
Mogul’s Automated NFT Minting Platform is the marketplace for film, music, television and entertainment meet blockchain. The development team keeps up and is often ahead of technological advancements within the blockchain community.
Mogul’s community-oriented system is specifically built for the entertainment industry, making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners.
Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.
Are you ready to unlock the potential of NFTs in film entertainment?
Need a robust platform to build your fanbase and raise capital?
The Mogul development team is hard at work assembling the newest features for Mogul’s NFT Marketplace and ecosystem. Ten major features have been or are about to be onboarded. A new feature will be reviewed each week over the course of ten weeks.
Mogul partners with some of the biggest names in entertainment, helping artists of all sorts connect with their most loyal fans on different levels, while giving them innovative ways to engage with their favorite performers.
Here’s a peek inside another of Mogul’s new and upcoming upgrades to automate the NFT Marketplace experience.
Marketplace and email notifications
Artists connect with their fans on many levels, especially in the social media world. Successful NFT drops and updates rely on entertainment artists to notify all their followers in an efficient, organized manner.
The Mogul Marketplace provides avenues for artists and performers to showcase their latest creations and promotions, plus connect and notify their fanbase, and the NFT marketplace overall.
Artists can review all email and social media notifications. Fans can read all about the artist and the community interaction. They can buy directly from Mogul Marketplace as soon as NFT notifications happen.
Navigating New Frontiers
Mogul Productions is capable of leveraging these advanced technological innovations to give artists and buyers alike a more robust user experience.
Toward The Future
The Mogul NFT Marketplace is the marketplace where film & entertainment meet blockchain. The development and marketing team keeps up and is often ahead of technological advancements within the blockchain community.
Mogul’s community-oriented system is specifically built for the entertainment industry, making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners .
Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.
Are you ready to unlock the potential of NFTs in film entertainment?
Need a robust platform to build your fanbase and raise capital?
Welcome everyone to Mogul’s ecosystem. We are the NFT marketplace platform for the film and entertainment industry. Over the years Mogul has cultivated its team and technology to give you the best experience. Each day Mogul develops exciting products infused with a strong community spirit.
With so many exciting products from film and entertainment in Mogul’s marketplace, new fans and collectors join our ecosystem daily.
The STARS token is our native cryptocurrency. STARS allows users to take part in our NFT drops and get involved in the community. Fans and collectors who wish to buy NFTs on the Mogul platform will need STARS to do so. It’s used for staking, voting, governance and ownership.
STARS is acquired in two ways. First, by buying/swapping them. Second is by earning them in your smart wallet for staking during voting periods.
This guide is to help get you on your way to attaining STARS through MEXC so you can participate in upcoming NFT drops.
For these walkthroughs, we are using a web browser, not a smart phone.
For this, you will need an account with MEXC and be logged in.
If you don’t have a MEXC login account you will need to create one by clicking on the “Sign Up” button on the top left corner.
Enter your email address and password.
MEXC will not allow you to finish signing up until you request a verification code.
Click on “Get Code” and complete the automated verification test by clicking on the pictures in the proper order and then click “ok”.
The website may ask you to do this task twice.
Once it accepts your verification test, go to your email where MEXC has now sent you a registration code. Copy it and enter it into the “Verification Code” area.
Click on the User Agreement check box.
Then click on “Sign Up”
You are now signed up and should receive an email confirmation.
You should see the following Login Option
Select the Email option and enter your email address and password.
Once again, complete the automated verification test you will be prompted with by clicking on the pictures in the proper order and then click “ok”.
The system will probably ask you to enter an anti-phishing verification code. MEXC will send you another email titled 【MEXC】Email Captcha. Copy and paste within the 60 second time period.
MEXC will automatically take you to the user setup page after the code is entered.
Be sure to change your username by clicking on the below button on the top right hand side of the main portion of the page.
Security is a serious issue in the ecommerce world and we recommend you take it seriously as well. There are several security measures MEXC has taken to protect your assets.
Click on “Security Recommendations” to better secure your account from thieves and phishers.
Click the “Mobile Verification” button and enter your mobile phone number with the proper country of origin.
Click “Get it now”. Your mobile phone will receive a text message with the SMS verification code to enter into the field.
Enter the SMS verification code and click the “Confirm” button.
Next click on the “Get it now” button for the email verification code.
Check your email for the subject 【MEXC】Email Captcha.
Copy the verification code in the email and paste it.
Click “Confirm”.
This should set your account to Medium risk. It will recommend you enable Google Authenticator which you may choose to do so on your own.
Buy USDT
In order to buy STARS, you must have USDT in your MEXC wallet.
Navigate to the STARS webpage on Mogul and click on the MEXC option. This will bring you to the token page with charts and token details.
Click on the “Deposit” button underneath the STARS
Select USDT and click on “Buy Crypto”
Enter the payment option that works best for you between
P2P Markets / Credit / Debit Card / PUSH
Some options like P2P Markets require you to provide KYC (Know Your Client) information such as name, birthdate and Passport/Drivers License #.
For this example we are going to pay for USDT with Credit / Debit Card
Select the proper currency that will be used to pay for the crypto currency.
Set the “Get≈” to USDT.
Enter the amount of dollars or USDT you wish to purchase and MEXC will automatically convert the amounts.
Then click on “Buy USDT”
Check Accept and Continue and click “Confirm”
Click “Continue”
Enter the proper information from your credit card.
Accept or decline the three options at the bottom.
Click “Next”
Buy STARS with USDT
After you have USDT in your MEXC wallet, navigate to the STARS webpage on Mogul and click on the MEXC option. This will bring you to the token page with charts and token details.
Click on the green “Buy” button located underneath the STARS price chart. The default pairing (or token if you’re selling for STARS) will be USDT. However you can change this to any compatible token.
Make certain you have enough USDT to buy the amount of STARS you wish to buy. If you don’t have enough USDT to buy all the STARS you want, click the Deposit button and go through the deposit process previously described.
If you want to purchase STARS at the most recent token price, set the buying option to “Market” and enter the quantity you’d like to purchase. Click “Buy STARS”
Your available STARS balance should increase, and you now have STARS tokens in your wallet!
