Entrepreneur Issa Sammak is all set to launch NFT Project – Kong WFC along with Turkish actor Burak Özçivit and renowned Blockchain entrepreneur Mikail Emre Caliskan.
Practically every day you hear about a new collectible NFT—short for the crypto world’s non-fungible token on sale. Recently, a reworked Andy Warhol computer image from the 1980s sold for $870,000 at a Christie’s auction. The famous Charlie Bit My Finger video on YouTube, which holds a record with more than 885 million views, sold for $760,999. When it comes to things like cryptocurrencies and Blockchain technology, it’s a crazy world and NFTs have become part of it.
Only last month, people were buying and selling an estimated 85,787 NFTs—at a total value of $5.8 million—a day, according to application tracking firm DappRadar.“It’s just good to remember that when so much hype delivers this amount of money, there are many incentives to convince innocent people to risk too much money,” says Issa Sammak, a Lebanese Entrepreneur, investor and author who has become a powerhouse in lifting small and big businesses to bigger heights. Besides, he has himself established several businesses some them being Growide Digital, BIODASH, and Baliwhite and many more!
Moreover, entrepreneur Issa Sammak lives through Dubai, USA, Istanbul and Lebanon due to his business commitments. Of late, he has dived into an NFT project of his own – ‘Kong Warriors Fight Club aka KongWFC’ along with Turkish actor Burak Özçivit and renowned Blockchain entrepreneur Mikail Emre Caliskan.
At times criticised as an over-hyped digital status symbol for the crypto rich, NFTs are changing how art is bought and sold and giving digital artists the ability to monetise and authenticate their work. The technology could become more significant with the development of the metaverse.
So what makes NFT’s so special? Says entrepreneur Issa Sammak, “An NFT is a digital object, some computer code and data that conveys ownership of something. The property could be online, like virtual real estate in some digital world or a special outfit in a video game. It might be something real: actual real estate, a painting, or seat at a concert. Then again, an NFT might be some hybrid, like the right to decide who can lease a room in a cooperative living space.” Conceptually, this is old. Contracts, deeds, bills of sale, stock shares, titles, logins for cloud-hosted software applications—even a pet cat’s tag and many other mechanical and digital methods have conveyed and proven ownership for as long as there’s been commerce.
“That’s no difference than almost any other technology. Cars took over from the horse and buggy. Computers replaced pencils, paper, accounting journals, human activity, and much more in specific ways.” says Issa Sammak. He adds, “NFT’s could be the future for everything. Literally everything like Passports, Licenses, Credit cards, Medical records, Real estate, gaming and so on!”
Issa Sammak is relieved people are being introduced to NFT’s through fun art creations. “That way everyone will be more accepting of the technology.” says Issa. He adds, “My hope is that it leads to digital ownership of your libraries. Currently, digital libraries are subject to terms of use. Users’ entire libraries can be forfeited if those terms are violated or even perceived to be violated. NFTs on a public Blockchain represent the possibility of ownership of digital property independent of having an account with a store, your identity can be kept anonymous, and you can even resell, rent out or lend your digital property.” says he. According to Issa Sammak, it can be said that the tech is still in its infancy and he sees a strong push in the media.
Well, let us now see what Issa Sammak is doing with his NFT Project – KongWFC.
Entrepreneur Issa Sammak has dived into the NFT project- ‘Kong Warriors Fight Club aka KongWFC’ along with Turkish heartthrob Burak Özçivit and renowned Blockchain entrepreneur Mikail Emre Caliskan. Burak is an international actor who has starred in several hit movies and TV Series and Mikail is an expert in Blockchain technology who is also known for his success in the crypto market all over the world. Together, the three of them have decided to move along with the NFT project bringing expertise, business strategies and fame in one frame.
The KongWFC is a special NFT collection limited to 9977 pieces and offers VIP privileges to NFT owners. Each NFT in this collection is a unique 3D character and is created on the Ethereum Blockchain and the collection consists of 9,977 ‘Kong’ characters, each with different warrior characteristics. KongWFC NFTs will be tailored for users, with events attended by world-class celebrities and entrepreneurs. These NFTs, which can be used as ‘PFP & Utility NFT’, will also give access to the ever-improving KongWFC fighting game in “Metaverse: Kong Warriors Fight Club“. Once the NFTs are created, KongWFC will launch campaigns around the world and hold events in major cities. Then the process of creating 3D avatars will begin. Each of the 9,977 Kongs will be included in the KongWFC game. The beta version of the game is scheduled to be released in the second quarter of 2023. When the game is officially started, the grand battle of the Kong tournament will begin. The winner of the tournament will receive the unique King of the Kongs Legendary NFT as well as other gifts and privileges. KongWFC cares about the real world as well as the digital world. With this reason, 5 percent of NFT sales will be donated to trusted environmental and humanitarian organizations and non-governmental organizations to support global warming prevention, human well-being and more.
According to Issa Sammak, the Blockchain also keeps a record of all the transactions connected to the NFT and the property it represents. In art sales, for example, that could represent the provenance of something going back to the creator. In addition, NFTs can include what are called smart contracts, or coded elements that can automatically take actions under certain conditions. The concept is of an automated and self-enforcing set of rules that can’t be ignored or skipped.
Connect with entrepreneur Issa Sammak on his Instagram handle where he has more than 97K to know more about NFTs and his upcoming project – ‘Kong Warriors Fight Club aka KongWFC’!
