Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

HUP.LIFE Partners With Flux, Leading Decentralized Cloud Project, To Power Socially Conscious NFT Marketplace

Toronto, Ontario–(Newsfile Corp. – July 26, 2021) – HUP.LIFE is proud to announce a strategic partnership with Flux, a leading blockchain project for decentralized cloud infrastructure.

The partnership will help HUP.LIFE build out HUP.MARKET, the socially conscious NFT Marketplace where artists can sell and license artwork through their copyright, and featuring permanence, decentralization, and international enforceability as its core principles.

HUP.LIFE fair-launched $HUP, the digital currency fueling the NFT marketplace, on PancakeSwap on June 15. The project has already tapped a partnership with ETHO Protocol, a privacy-forward decentralized file hosting protocol.

Flux and its offerings, including FluxOS and FluxNodes, will be utilized to the extent HUP.LIFE and its planned NFT marketplace require localized hosting solutions due to regulatory or legal requirements – without relying on centralized hosting solutions.

HUP.LIFE intends to utilize Flux for its planned National NFT Pre-Launchpads on HUP.MARKET, where visitors can browse for works by artists from their country before works are published to the broader platform.

FluxNodes located in these jurisdictions would be rewarded for their participation.

“We’re extremely grateful to the Flux team who saw our vision and opened their arms to us,” said Harrison Jordan, Founder and CEO of HUP.LIFE. “This partnership is going to allow us to push forward with a decentralized framework for our NFT marketplace, while being able comply with regulatory and legal requirements that require localized hosting should they arise.”

Daniel Keller, CSO at Flux Technologies, added: “We’ve been exploring NFTs for a while now, but the team at HUP.LIFE seems to come up with a solution for the copyright, permanence, and decentralization issues NFTs face – all in one. We’re happy to play a role to make that solution a reality and committed to supporting the broader NFT eco-system.”

HUP.LIFE is a blockchain-based, community-governed project that strives to empower artists and collectors to fully monetize their art NFTs through the power of internationally enforceable copyright. With the ethos of social consciousness at the core of its mission, HUP.LIFE and its HUP.MARKET NFT platform are paving the way for visual artists and collectors to take control of their NFTs by selling and licensing the copyright of the underlying artwork throughout the globe.

Media Contact

Daniel Azaria
ReBlonde for HUP.LIFE
daniel@reblonde.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91168

Staff

Recent Posts

Mac Admins Foundation Seeds Local Meetups, Brings in Renowned Subject Matter Experts

The Mac Admins Foundation and Fleet Device Management send experienced voices and rising stars from…

1 day ago

SAVANT Teams with Sunder Energy to Grow Sustainable Power Across the U.S. by Making Solar Smart

Sunder Energy, one of the largest sustainable energy sales and installation networks in the US,…

1 day ago

Roborock makes history with out-of-this-world video campaign

Adcetera's creative partnership with Roborock sends the S8 MaxV Ultra into space HOUSTON, Dec. 23,…

1 day ago

SiC-Based Power Electronics Market: Revolutionizing Automotive & EV/HEV Applications with 60% Market Share in Asia Pacific | Valuates Reports

BANGALORE, India, Dec. 23, 2024 /PRNewswire/ -- SiC Based Power Electronics Market is Segmented by…

1 day ago

WiMi Develops Quantum Error Mitigation Technology Based on Machine Learning

BEIJING, Dec. 23, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the…

1 day ago

Perfect Corp. Acquires Fashion Tech Innovator Wannaby, Expanding Its Virtual Try-On Offering and Coverage in Luxury Fashion

The acquisition enables Perfect Corp. to extend its innovative technology into shoes, bags, and other…

1 day ago