The blockchain is a decentralised digital public ledger that can never be changed, hacked or forged.
As a database, a blockchain stores information electronically in digital format.
The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
NFTs (non-fungible tokens) allow digital originals to be verified using blockchain technology. Through a process called ‘minting’, a certificate of authenticity and provenance is attached to the original, so you can be assured of the true history of your purchase.
Thanks to the transparency and security of this technology, creators and their fans can now have 100% confidence that the asset they own is truly authentic and scarce. It also means that the masterpiece in question cannot be stolen or forged.
A blockchain is a distributed database or ledger that is shared among the nodes of a computer network.
As a database, a blockchain stores information electronically in digital format.
The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
Glorious NFTs live on the CENNZnet blockchain which uses Proof of Stake technology, eliminating the need for any energy-heavy mining and high gas fees. CENNZ is a carbon neutral Ethereum Side Chain that is optimised for NFTs and Metaverse applications.
Minting our NFTs has a low energy impact comparable to making an Instagram post or sending an email.
The technology behind Glorious NFTs ensures that the creators who ‘make’ your NFT masterpiece are rewarded for the original sale, as well as every time it changes hands in the future.
We believe this is a more equitable and fair compensation for their work and talents than the traditional model. It’s also a truly Glorious way to support your favourite creators.
