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Learn More About NFTs and owning Digital Artwork through the Blockchain

What are NFTs?

An NFT is a digital asset that can come in the form of art, music, in-game items, videos, and more. They are bought, sold, and traded online, frequently with cryptocurrency, and generally encoded with the same underlying software.
NFT is an acronym for Non-Fungible Token.

Fungibility is a term used widely in economics to describe the interchangeability of any certain goods. For example, a barrel of oil is fungible (interchangeable and therefore indistinguishable) from any other barrel of oil. Similarly, a dollar bill is equal in value to any other dollar bill and is therefore also fungible. However, the term "Non-fungible" is to render such items unique and distinguishable. For example, if an artist were to draw upon and then sign a dollar bill, the bill would be unlike all other bills and become unique. The value of the bill would then determined by market demand for the artist's work, so would most likely be worth substantially more than the face value of the bill itself.
NFTs exist on a blockchain, a distributed public ledger that records transactions. Most people are familiar with the blockchain as the underlying process that makes cryptocurrencies possible. However, NFTs, specifically, are typically held on the Ethereum blockchain, although an increasing number of other blockchains support them as well.
An NFT is generally created, or "minted" as is it more commonly referred, using the same kind of programming technology as any cryptocurrency, for example Bitcoin or Ethereum, but that is where the similarity between the two ends.

Cryptocurrencies, like physical money, are "fungible," meaning they can be traded or exchanged for one another. They are also equal in value, as example, one dollar is always worth another dollar; one Bitcoin is always equal to another Bitcoin, and so on. A crypto's fungibility makes it a trusted means of conducting transactions on the blockchain, just as the dollar is a trusted currency in the real-world.

NFTs differ from any cryptocurrency in that each has a digital signature that makes it impossible for it to be exchanged for, or equal to one another, and so each is therefore non-fungible.
Because an NFT allows the buyer to own the original item. Not only that, it contains built-in authentication, which serves as proof of ownership. For a collectors, the value of being able to say and proudly display the original work and own the “digital bragging rights” to a work, is worth almost more than the item itself.
Essentially, NFTs are no different to physical collector’s items, only digital. So, instead of getting an actual oil painting, for example, to hang upon the wall, the buyer of an NFT receives a digital file instead. They also obtain exclusive ownership rights, and in many instances, the creator of the NFT also provides the owner with additional exclusive content, which is often referred to as "Unlockable Content" or "Collectors Only Content," to further underline the value of the item purchased.
Although they’ve been around since 2014, NFTs are gaining increased popularity as they have become a recognised and accepted way for creators, investors, collectors, and traders, to buy and sell digital artwork.

The market for NFTs was worth a staggering $41 billion in 2021 alone, an amount that is approaching the total value of the entire global fine art market.
Every day thousands of creative works are added to the various online NFT marketplaces in the hope of sale and recognition. Many pieces are computer generated, or A.I. art as they are often referred. Many appear as a part of a series, for example one of ten thousand, where each is identical or may have minor changes such as a different item of apparel if the theme of the work is of a character. In such cases, the artist, or buyer, then attempts to create demand by claiming that one of the pieces within the series is more valuable or "exclusive" than another, or that several pieces have more value than others despite the fact that each were generated equally. While we have seen many attempts to create early market interest and hysteria, the fact is that this type of profiteering detracts from the core purpose of an NFT: that being ownership. Or, perhaps more precisely, digital ownership of a unique digital asset.

Ultimately, the market must of course define and determine which digital assets are and have greatest worth. For many, who simply see a "GIF", they unable to see how such an item can have such substantial value? However, just as oil painting by one artist can be considered invaluable when compared to a similar painting by another, the world of NFTs and digital asset ownership will also become increasingly polarised.

Many NFTs which are bought and traded in today's market will ultimately prove to be of little or no value. Many will prove to be invaluable and of incredible investment. The truth is that NFTs and the market of digital asset ownership is far from a trend, we are simply at the beginning of its definition, in much the same way as mobile telephones were first defined by size, then apps and the ability to be "smart," then the number of megapixels that could be crammed into their cameras. Or the way in which the internet evolved from information, to communication, and then connectivity. Between the hype and hysteria, millions of NFT assets will undoubtedly emerge with fantastic monetary values. Others will simply exist, unique nonetheless.

Crypto and Security

Purchasing an NFT requires the buyer to open a crypto wallet, if they have not already done so, in order to transfer suitable crypto which can be used for the transaction.
Crypto is the abbreviated term for Cryptocurrency. There are many types of crypto, for example Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). Whilst each type of cryptocurrency is independent, and has its own value, all provide a form of digital currency that are designed to work as a medium of exchange through a computer network that is not reliant on any government or bank.
Cryptocurrency can be purchased from a multitude of exchanges, such as Gemini, Coinbase, and Binance. These financial instiutions, operate much like any real world pricate bank or trading exchange, and the rate of exchange offered differs greatly dependent upon such factors as type of cryptocurrency as well as current crypto demand. Once purchased, your cryptocurrency is held in your exchange account where you can then choose to transfer funds over to your crypto wallet to make purchases.
Whilst all cryptocurrency is secure, in reality, your crypto is only as secure as your wallet. Unlike real-world banking, where for example, in the event of credit card theft or a mistaken payment, insurance exists to return these funds, in the virtual world, you are your own bank, and once cryptocurrency leaves a wallet, there is no way to return it. Understanding that any threat to cryptocurrency exists not through the blockchain itself, but rather through the users own wallet and the security of the wallet is therefore paramount. For these reasons, it is always ill-advised to transfer all your existing cryptocurrency into a single wallet, most specially one that is constantly connected to the internet through an app or browser extension.

Essentially there are two types of crypto wallets, often reffered to as Hot Storage, and Cold Storage.

Hot Storage involves connection to the internet where the wallet remains secure through token(s) and private key(s). Cold Storage are considered devices, such as encrypted USB Flash drives, that are not connected to the internet and are therefore preferrable for storing larger amounts of cryptocurrency over longer periods of time.

In short, the answer is no. Crypto wallet security is extraordinarily high and with such a competitve developers market, new and advanced security features are constantly being added to exisiting wallets. Users whose crypto wallets have been exposed to fraud are thoese who have fallen foul to phising attempts for example, where they have shared private key(s) and unwittingly granted access to unscrupulous individuals.
To maximise the security of your wallet, never use public Wi-Fi. Always use two-factor authentication (2FA) whenever possible. Two-factor authentication offers a second layer of security that requires a code for every log in to your wallet or account. It ensures that without physical access to your device (or hacking it), it will be impossible to log in. the use of two-factor authnetication should also be used to password protect your device in the event that it is stolen. Lastly, never auto-save crypto related passwords when asked to do so by Google Chrome or any other password saving tools. Never allow any third-party application to store your password(s).
As a main rule, you should always store your wallet's private keys offline. Think of your real-world bank account. You wouldn't store a copy of your signature, together with your bank and account details in a file on your computer that would enable a stranger to visit a branch and empty the contents of your account?

Your private keys act as your digital signature and account details. Storing them on a computer or device that is connected to the internet, where even the possibility of hacking might happen, is an unecessary security risk.

HEROPLOT NFTs

NFTs allow artists and digital creators to sell work directly to individuals and collectors without the need for expensive galleries and third-party agents. The very nature of NFTs is to make art accessible and collectible for everyone.
Whilst the term "art" is naturally an open one, the purpose of an NFT is to create a unique, non-fungible asset. For these reasons, our creator, Scott Harvey, creates, draws, and composes each unique piece of artwork that is offered both in the form of a Limited-Edition Hand-Signed Print and as a digital NFT.

Whereas a limited-edition print means that one hundred prints of any individual piece are created, numbered, and then signed by Harvey before framing. Only one NFT of the original artwork itself is minted into the blockchain. In otherwords, each and every HEROPLOT NFT is uniquely special.
Perhaps the better question is, do HEROPLOT NFTs offer a good investment opportunity? The answer to this is undoubtedly yes. Each piece created by Harvey is unique; his style, his own, and his ability to visualise the characters and scenes from his HEROPLOT book series are simply stunning, both in print and on screen.

As an artist, Harvey is at the start of his career. Acquiring NFTs of his work at this stage will naturally have enormous financial benefit in the future as his work becomes widespread and better known. In addition, for collectors who simply wish to enjoy unique digital art that is not computer generated, Harvey's work offers a breathtaking example.
Yes. When purchasing the NFT of any official HEROPLOT artwork, a downloadable file is also included that allows the owner to print the piece in high-definition to dimensions up to 24" x 36" (60,96 cm x 91,44 cm). The file provided is an uncompressed (lossless) graphic file (.TIFF), and is offered in 300dpi. Therefore, as owner, you may also choose to print the piece at even higher output resolutions, dependent upon the piece, before any loss of quality is perceived.
HEROPLOT enters only one example of any official artwork into the blockchain. HEROPLOT will never mint or otherwise enter multiple copies or alternative versions of any piece into the public ledger. If you discover a copy or alternative version of any HEROPLOT piece being offered for sale, either by chance, at a marketplace, or through online tools such as Google's reverse image search, then this is not a genuine HEROPLOT NFT.

Every artwork minted in the blockchain has a unique Token ID that can be traced and tracked from its origin (date of mint) to its present day ownership. If you discover an artwork claiming to be that of HEROPLOT where its origin does not originate from HEROPLOT then you should not purchase the item. Please report it instead to the marketplace or to us here at HEROPLOT so that we may have the offending work removed.
As the centuries tell us, any original artwork can be forged or copied. However, the beauty of NFTs is that there can only be one owner of any unique NFT at a time, and the use of blockchain technology which is open in the public ledger makes it easy to verify ownership. The ability to track and scan through the ledger not only makes it easy to identify fraudulent copies, but to securely transfer tokens between the existing owner of any NFT and its perspective new owner. The creator of any NFT can also store specific information in an NFT’s metadata. For instance, an artist may choose to sign their artwork by including their signature in the file. Something that would not be available to others or forgers.
In writing the internationally acclaimed science-fiction book series, HEROPLOT, the author and artist Scott Harvey has chosen to release a collection of artwork that defines characters and iconic scenes from within each book following its release.

HEROPLOT: The Spear of Destiny, was the first book in the series and has been followed by The Spear of Destiny Collection: a fourteen piece collection of artwork delivered by Harvey in two instalments.

The second book in the HEROPLOT series, The Absolution of Kane also sees the release of a new collection which will again be composed of fourteen new pieces of artwork, similarly delivered in two instalments.

With each new book, Harvey's work not only gains greater reach, larger audiences, and increased notriety, but his artwork becomes increasingly sought after. Owning the official NFT of any HEROPLOT artwork is a digital asset that not only unlocks exclusive collector's only content, but offers an increased and valuable return.
There simply isn't any NFT close in value to that of a HEROPLOT NFT, and our aim is to make every HEROPLOT NFT the most valuable it can be. With this in mind, every piece in The Spear of Destiny Collection, contains exclusive collector's only content that can only be unlocked by the official owners of any of the fourteen pieces in the collection. The owner of any piece will not only be the official owner of the HEROPLOT NFT, but will also receive:

  • A large-format digital version of the file for screen use (8K).
  • Gain access to the large-format print version of the file to allow optimal hardcopy output at resolutions of up to 24" x 36" (60,96 cm x 91,44 cm).
  • A unique collector's only artwork from Harvey himself of Commander Reams which has never been publicly exhibited or displayed. The piece is the collectors to own and keep forever, even if they should sell or trade their HEROPLOT NFT at a future date.

In addition to these unique offerings, and to make ownership even more exclusive for the first fifty collectors of each HEROPLOT NFT, each will receive:

  • A presonally inscribed copy of HEROPLOT: The Spear fo Destiny, shipped anywhere in the world to the collector.
  • A unique, limited-edition collector's coin in presentation case. The coin is engraved with a unique collector's code that will also unlock an array of exclusive online content.
  • One of the exclusive citizenship slots to the planet Luxartia: a world within The HEROPLOT Multiverse.
  • A unique character avatar.
  • Matching character HEROPLOT BattleCard for use in later HEROPLOT Challenge Games.

And finally, one lucky collector will be invited to meet with Scott. He or she, or a person of their choosing, will get the opportunity to become immortalised forever within The HEROPLOT Multiverse as a character from the planet Luxartia, and will feature in a book later in the series.
Most definetly. HEROPLOT will announce two NFT drops each year. Each drop will contain seven new pieces from Harvey available for collectors exclusively on OpenSea.io.

The second drop for 2022, The Spear of Destiny Collection: Part II will feature many more memeorable characters from the first book in the series, including Agent Jim, Clydesdale, Lord Sentinel, Dr. Rowly, as well as the chance to view the original artwork of an actual DomiForce Ranger.

Announcement for the drop will be given in September 2022, with the actual drop and ability to own these exciting new official HEROPLOT NFTs taking place in October.