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NFTs

Welcome to Fat Ass Glass Company’s NFT Page!



We carefully designed & hand selected the Fat Ass Glass NFT Collection as a fun collectable digital asset for our valued clients :). Each NFT piece of artwork is 1 out of 1. The NFTs are created by Artificial Intelligence. However, each graphic is hand selected by the Fat Ass Glass team. We type in the unique key words and AI designs the work. After carefully sifting through each graphic we choose what makes the cut and what does not.

Let’s start by explaining what exactly is an NFT?

What are NFTs?

NFTs (or “non-fungible tokens”) are a special kind of cryptoasset in which each token is unique — as opposed to “fungible” assets like Bitcoin and dollar bills, which are all worth exactly the same amount. Because every NFT is unique, they can be used to authenticate ownership of digital assets like artworks, recordings, and virtual real estate or pets. Fat Ass Glass decided to list its NFT collection on the popular site / marketplace OpenSea.io

Where Can I See / Purchase the Fat Ass Glass NFT Collection?

https://opensea.io/collection/fatassglassdonkeys

We are also currently developing a virtual art gallery of ALL Fat Ass Glass NFTS.

Why are NFTs important?

You can think of NFTs as being kind of like certificates of authenticity for digital artifacts. They’re currently being used to sell a huge range of virtual collectibles, including:

  • NBA virtual trading cards

  • Music and video clips from EDM stars like Deadmau5

  • Video art by Grimes

  • The original “nyan cat” meme

  • A tweet by Dallas Mavericks owner and entrepreneur Mark Cuban

  • Virtual real estate in a place called Decentraland

As as Bitcoin and other crypto has boomed in popularity over the last year, NFTs have also soared — growing to an estimated $338 million in 2020. Each NFT is stored on an open blockchain (often Ethereum’s) and anyone interested can track them as they’re created, sold, and resold. Because they use smart contract technology, NFTs can be set up so that the original artist continues to earn a percentage of all subsequent sales.

Along the way, NFTs have raised fascinating philosophical questions about the nature of ownership. Wondering why digital artifacts that can be endlessly copied and pasted have any value at all? Proponents would point out that most kinds of collecting isn’t based on inherent value. Old comic books were produced for pennies’ worth of ink and paper. Rare sneakers are often made out of the same materials as worthless ones. Some paintings hang in the Louvre, others end up in thrift shops.

As the collector who sold the $6.6 million Beeple piece noted, you can take a nice picture of the Mona Lisa, but it’s not the Mona Lisa. “It doesn’t have any value because it doesn’t have the provenance or the history of the work,” said the Beeple fan. “The reality here is that this is very, very valuable because of who is behind it.”

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What does “non-fungible” mean?

Every bitcoin is worth as much as every other bitcoin. NFTs, on the other hand, are all unique. “Fungibility” refers to goods or assets that are all the same and can be swapped interchangeably. A dollar bill is another perfect example — each is worth exactly one dollar.

Concert tickets, by contrast, are non-fungible. Even if every Radiohead ticket is the same price, they aren’t directly exchangeable. Each represents a specific seat and a specific date — no other ticket will have those exact characteristics.

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What can you do with NFTs once you buy them?

Good question! Some people display their digital artworks on large monitors. Some buy virtual real estate (via NFT, of course) in which they’re able to build virtual galleries or museums. You can also roam virtual worlds like Decentraland and check out other people’s collections. For some fans, the appeal is in the buying and selling — much like any other asset class. (The collector who sold the $6.9 million Beeple paid less than $70,000 for it in October 2020).

More and more mainstream artists have also gotten involved in the space — especially from the world of music. In early March, Nashville band Kings of Leon announced their next album would arrive in the form of multiple NFTs. Depending on which a fan buys, various perks will be unlocked — like alternate cover art, limited-edition vinyl, and even a “golden ticket” to a VIP concert experience.

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What can I do with my Fat Ass Glass NFT? What utilities does it hold?

Glad you asked! At Fat Ass Glass we designed our NFTs with collectors / clients in mind. By owning a Fat Ass Glass NFT you are granted access to our password protected VIP Club. The VIP Club offers special promotions / deals only offered to VIP members. You are also transferred full ownership and copyright usage rights to do with as you please! We are hoping to increase the value of each NFT as time goes on meaning your NFT should increase in value over time as well. Think of your NFT as owning a piece of Fat Ass Glass! You are welcome to trade/sell/transfer your NFT at any time.

Ages 21+ Please.

We hope to expand this project as NFTs gain popularity and our community grows :)

NFT Refund Policy:

We unfortunately cannot refund the purchase of an NFT. All sales are final.

How do I get more info?

Please reach out to support@fatassglass.com with any questions or call / text us at 774-415-0740.

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