NFT Grade powered by InfiniteWorld generates condition reports for NFTs to establish a baseline of trust and transparency for an emerging technology plagued by opaque business practices and inadequate protections for producers and consumers. The first beta will launch in April 2022.
NFT Grade is a synthesis of traditional Art practice and innovative technology - meshing scholarship and custodianship with advantages made possible by a decentralized, immutable network.
Hedera is the most responsibly managed and enterprise-grade blockchain in existence. The Hedera team is urgently working to address the concerns of those who work on a global scale and their focused, methodical approach is aligned with NFT Grade’s belief that success will be measured by quality and that trust is the fundamental currency of sustainability.
NFT Grade aligns with the most significant projects in crypto and with the broader InfiniteWorld portfolio by fundamentally valuing traditional business behavior while seizing upon the opportunities and protections afforded by decentralization. NFT Grade is a utility that calls for evolution and reform, not disruption and revolution.
Despite the promises of decentralization, NFTs are largely created, distributed, and circulated by teams of technologists whose processes are hidden from view. The synthesis of NFTs and traditional art custodianship will only be possible with the advent of authentication technology like NFT Grade that peels back layers of code to reveal quality, stability, sustainability, and compliance.
About the HBAR Foundation
Founded in 2021, the HBAR Foundation fuels the development of the Hedera ecosystem by providing grants and other resources to developers, startups, and organizations that seek to launch decentralized applications in DeFi, NFTs, CBDCs, Sustainability, gaming, and other sectors. In addition to providing funding through a streamlined grant process, the HBAR Foundation acts as an integrated force multiplier through expert support across technical, marketing, business development, and other operational functions that are required to scale.