2. MY BACKGROUND
Early crypto investor. CoโFounder at Eterna Capital, a London
based VC investing in early stage blockchain companies. Equity
investor in Algorand.
In the NFT space since the very beginning. NFT artist focused on
programmable art and the intersection between visual art, poetry
and music.
CoโFounder at Aorist, a next generation cultural
institution supporting a climateโforward NFT marketplace for
artists creating at the edge of art and technology. Aorist is built on
Algorand.
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3. Algorand is a scalable, secure and decentralised digital currency and blockchain platform. Algorand was founded by Silvio Micali, Turing award
winner, coโinventor of zeroโknowledge proofs, and a worldโrenowned leader in the field of cryptography and information security. He founded
Algorand with a vision to democratize finance and deliver on the blockchain promise.
The problem with many blockchains is they sacrifice at least one of the key properties of security, scalability, and decentralization, known as the
blockchain trilemma. Silvio and his team solved the blockchain trilemma by inventing a new Pure Proof of Stake (PPoS) consensus protocol, which
is the protocol that the Algorand blockchain uses.
WHAT IS ALGORAND?
Pure Proof of Stake (PPoS)
Consensus
Efficient Blockchain: scales
to billions of users
Enterprise Speed:
1000 TPS, <5s Block Times
Instant Finality:
There are no soft forks
Cost Effective: < $0.001 USD
cost per transaction
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4. PROBLEMS OF THE NFT SPACE
Scalability
NFTs are a rapidly emerging asset class
with an Achilles heel: scalability. Like
most other cryptographic tools, NFTs
greatest weakness comes from the code's
deployment in the real world. Limited
transaction throughput, high transaction
fees and slow transaction time are all
muting this immutable technology's
revolution
Environment
According to an estimate backed up by independent researchers, the
creation of an average NFT has a stunning environmental footprint of over
200 kilograms of planetโwarming carbon, equivalent to driving 500 miles in
a typical American gasolineโpowered car
Forking
A fork represents a split in the blockchain
network that results in a new, updated version of
the code and protocol. If there is a mirror chain
where an NFT asset has become duplicated,
there is nothing digitally unique about it. This is a
fundamental issue when it comes to NFT and the
main argument why NFTs must be on a chain
that does not fork
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5. Aorist
The first cultural
institution supporting a
climateโforward NFT
marketplace for high
value, blueโ chip artists
creating at the edge of
art and technology.
Aorist embodies a crossโdisciplinary program of
artist commissions, international exhibitions and
partnerships that bridge the digital and physical
domains, while supporting experimentation, coโ
creation and innovation.
Aorist leverages web3 technology to offer
advanced tools for artists to push the limits of
their practice, while protecting principles of
ownership, authenticity and social capital.
Aorist is powered by Algorand,
the first Pure Proof of Stake Blockchain.
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6. Refik Anadol Andrรฉs
Reisinger Nancy Baker
Cahill Carlos
Betancourt Studio
Brasch Leandro Erlich
Auriea Harvey Joanie
Lemercier Jonas Lund
OMA
Charlotte Taylor
Nicholas Prรฉaud
Quayola
Pilar Zeta
$525K+ Andrรฉs
Reisingerโs Arcadia was
sold during a Christieโs
auction.
14 WORLD
RENOWNED
ARTISTS
$815K+ Refik
AnadolโsMachine
Hallucinations beat
the record of most
expensive NFT ever
sold on Algorand.
SALES REPORT
$5.5 M
TOTALSALES ON
AORIST IN 4
MONTHS
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7. โIt was better than good.
I loved it, which was a relief. Iโd come
to Miami looking for great examples
of NFT art.
Anadolโs work [commissioned by
Aorist]โvisually stunning,
intelligent, mesmerizingโ amazed
and moved me. Will NFTs transform
the art world? Are they even art?โ
โ
SEBASTIAN SMEE, THE WASHINGTON POST
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8. Unique Properties of
Algorand NFTs
ASAs OptโIn
As you need to opt in to any ASAs in
your wallet you wonโt receive
unwanted assets โ which might also
lead to unwanted taxable events
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ARCโ19 NFTs
You can create NFTs using the new ARCโ19
standard that allows the NFTs to update
based on certain external inputs which
you can customise
NFTs as Layerโ1 ASAs
DeveloperscaneasilyissueNFTs
throughAlgorandStandardAssets(ASA),
whichisafunctionalitythatenablesthe
issuanceofnewdigitalassetsstraightin
AlgorandโsLayerโ1blockchain.
Theseassets requirenosmartcontract
code.Itonlytakesonetransactiononthe
AlgorandblockchaintocreateanNFT.
Thistransactiondescribestheproperties,
bothmutableandimmutable,ofthe
token.
10. On November 30, Aorist hosted
a bene๏ฌt auction with The
ReefLine, an arti๏ฌcial reef,
marine sanctuary and sculpture
park in Miami Beach, as part of
its ongoing commitment to our
planet.
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