What is an NFT?
An NFT, or Non-Fungible Token, is a unique piece of digital content linked to the blockchain, the digital database underlying cryptocurrencies like Ethereum. Each NFT is distinguishable and cannot be replicated, providing provable ownership and authenticity.
What is the "Formula 1: Legendary Pictures" NFT collection?
The « Formula 1: Legendary Pictures » collection is a unique compilation of NFTs featuring stunning Formula 1 photographs taken by the renowned photographer, Steve Domenjoz. These NFTs encapsulate the thrilling world of Formula 1, providing fans an opportunity to own a piece of this legacy.
How do I purchase an NFT from this collection?
You can purchase NFTs from the collection on the OpenSea platform. You will need a wallet such as Metamask and Ethereum (ETH) to complete the transaction.
How are the prices set?
The prices are set according to the rarity and significance of the photos. They are divided into different tiers, with the highest tier being the Super Legendary tier featuring the most historic moments in F1.
Are these NFTs resellable?
Yes, these NFTs can be resold on the OpenSea marketplace. We charge a 7% fee on each resale.
Can anyone create an NFT or a collection?
Yes, with the right technical skills, anyone can mint an NFT or create a collection. However, please be aware of intellectual property rights and ensure you have the necessary permissions for any content you wish to tokenize.
What happens when ETH 2.0 is launched?
The transition to ETH 2.0 is designed to be seamless and should not impact existing NFTs. ETH 2.0 aims to improve the scalability, speed, and sustainability of the network.
Can I request a specific photograph to be made into an NFT?
At the moment, we are following a planned roadmap for the release of NFTs in this collection. We appreciate your suggestions and will consider them for future releases.
How do I know my NFT is authentic?
Each NFT in the « Formula 1: Legendary Pictures » collection is minted on the Ethereum blockchain, ensuring its authenticity and your ownership. You can verify the details and ownership history of each NFT on OpenSea.
How will this collection evolve?
We have an exciting roadmap planned, including community events, special releases, and collaborations. Follow us on our social media channels for the latest updates.