{"id":16970,"date":"2021-12-30T20:09:44","date_gmt":"2021-12-30T17:09:44","guid":{"rendered":"https:\/\/esatoshi.club\/?p=16970"},"modified":"2022-02-08T20:56:22","modified_gmt":"2022-02-08T17:56:22","slug":"project-overview-blue-horizon-nft-blh","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/12\/30\/project-overview-blue-horizon-nft-blh\/","title":{"rendered":"Project Overview: Blue Horizon NFT ($BLH)"},"content":{"rendered":"\n

The explosion of blockchain news regarding the NFT sector has raised questions and, above all, a lot of interest. I can personally still relate to the feeling I\u2019ve experienced in the past when I\u2019ve decided to buy my first NFT. I recall reading of the explosion of the now internationally renowned collection CryptoPunks – that is, “the collection” that’s currently worth millions of dollars. Since then the trend has been exponentially upward and crypto users have also witnessed the involvement of so-called VIPs (just think, for example, of Twitter\u2019s founder or even Snoop Dogg, who markedly both got involved in selling their very own, autographed NFTs).<\/p>\n\n\n\n

Now, months later, we\u2019re still seeing news and headlines about private investors paying huge sums of fiat money to get their hands on what many would see as a great investment in digital art. And while we know NFTs aren\u2019t just about art,  it is true that a great chunk of their actual, cumulative market share and utility value is represented by new works and masterpieces brought to life by talented artists, supported by dedicated platforms and projects. <\/p>\n\n\n\n

One such project is Blue Horizon and, in today\u2019s article, we\u2019re going to get deep down into this project\u2019s \u201cNFTastic\u201d characteristics and features. 
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  1. Introducing Blue Horizon<\/strong><\/li><\/ol>\n\n\n\n

    To explain what Blue Horizon brings about, I\u2019m going to quote the team\u2019s co-founder, who does an almost ekphrastic job of describing the project on one of his most recent AMA:<\/p>\n\n\n\n

    \u201c[…] Blue Horizon is a platform that focuses on blending the power of Non-Fungible Tokens (NFTs) with immersive DeFi concepts to create an ecosystem that takes the NFT market to a new dimension. Developed by a team of blockchain geeks with experience in smart contract development, web development, user experience engineering, business development, the platform becomes the place where users can buy and sell NFTs on Binance Smart Chain with any of the tokens that are listed on the exchange. The platform comprises a curated NFT marketplace where users can buy and sell works from a growing list of exclusive artists, handpicked by the platform. The value of the NFTs is increased by the implementation of NFT farming and gamification on the horizon.  […]\u201d<\/em>.<\/p>\n\n\n\n

    It is clear that the project\u2019s mission and outreach has a dual directive, reaching out to both artists and collectors.<\/p>\n\n\n\n

    1. A Vision Built For The Artists\u2026<\/strong><\/li><\/ol>\n\n\n\n

      Blue Horizon\u2019s creators designed the platform to accommodate and support artists & collectors who are interested in crafting and marketing high-quality NFTs, helping to bring value to those artists and collectors who create and buy NFTs through Blue Horizon\u2019s platform, as well as those who hold the $BLH token.<\/p>\n\n\n\n

      Combining the world of NFTs with yield farming solutions provides benefits to both $BLH and other NFT token holders, maximizing their investment. On the other hand, artists will benefit from dedicated \u201cspotlight sections\u201d on Blue Horizon\u2019s website, which they\u2019ll be able to increase their creations\u2019 exposure and launch unique promotional campaigns.<\/p>\n\n\n\n

      Furthermore, artists will also enjoy discounts and additional perks depending on their tier – artists and collectors will receive a percentage of the swap exchange fees and NFT marketplace fees as a reward for employing the Blue Horizon platform.<\/p>\n\n\n\n

      1. \u2026And For The Collectors<\/strong><\/li><\/ol>\n\n\n\n

        One of the benefits that we\u2019ve briefly touched upon is Blue Horizon NFT yield farming: this feature allows Blue Horizon collectors to benefit from staking their artwork. On top of that, collectors can also enjoy discounts on the marketplace fees and get additional perks (again depending on the collector\u2019s tier), by using the $BLH token.<\/p>\n\n\n\n

        Finally, collectors will have the chance to showcase their collections via an NFT gallery and mobile app, which will allow them to exhibit their NFTs anywhen and anywhere they are, while gamification concepts will also be introduced later on, making it possible to utilize NFTs for games and competitions.<\/p>\n\n\n\n

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        1. The Tiers Structure for Artists and Collectors<\/strong><\/li><\/ol>\n\n\n\n

          As described earlier, Blue Horizon supports a tiered structure for $BLH token holders, who are categorized either as Artists and\/or Collectors. This structure\u2019s dependency is based on the number of $BLH tokens held by the stakeholder – the higher the amount of $BLH tokens, the lower the transaction fees for purchases, sales, and, in general, for trading on the platform. <\/p>\n\n\n\n

          The following infographic provides a pretty clear synopsis of the benefits incurred by owning $BLH tokens:<\/p>\n\n\n\n

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          Additional higher tier benefits will include:<\/p>\n\n\n\n