Augmented reality (AR) is an interactive experience of a real-world environment where the objects that reside in the real world are enhanced by computer-generated perceptual information. When using phone based augmented reality, there are two distinct types of “camera effects”, world effects and face effects.
World Effects: phone based augmentations of your environment with 3D objects using the exterior camera of a phone
Face Effects: phone based augmentations of yourself using the interior camera of a phone
Metaverse or the Ubiquitous Digital Layer: the concept of a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual and augmented reality universe. Here’s an article from Forbes on the topic (Forbes).Have you had a chance to answer the previous question?
Yes, after a few months we finally found the answer. Sadly, Mike is on vacations right now so I'm afraid we are not able to provide the answer at this point.
Blockchain : a decentralized, distributed ledger technology that records the provenance of a digital asset.
Smart Contract: a smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties.
ERC-721 Standard for Non-Fungible Tokens: is a special type of cryptographic token which represents something unique. It is the standard Illust Space uses to embed the Smart Contract.
Wallet: a secure method for storing money and blockchain related assets such as art, merchandise, and even identification. The Wallet’s private key is personal information that should not be shared with anyone.
Illust Space is using blockchain technology in order to create a transparent system of tracking ownership and creation of augmented reality art. This in turn provides collectors and creators alike a market to seamlessly track digital assets.
The first step in participating with Illust Space is to sign up with your wallet. If you do not already have a wallet set up, you can set one up through Torus, a 3rd party encrypted and distributed wallet provider service.
3rd Party Provider
A Crypto Wallet is essentially a digital safe. It can store many things from cryptocurrencies, to identity information, and other valuables. The augmented reality art you purchase will be safely stored in your wallet. It is crucial that you never share your private key information with anyone. This would be akin to freely sharing your social security number on the internet. To set up your wallet simply go to www.illust.space/wallet where we offer three convenient options. If you do not have a wallet you can easily create one in our account set up page through Taurus. Taurus is able to generate a link through an Oauth service of your choice such as Gmail or Facebook. Your wallet information will stored with the provider you chose, so please do not use a shared account.If you already have a wallet provider mobile app or desktop browser extension installed, it will automatically be recognized by our system. You may also connect with a private key. No keys ever leave the client machine. Once you’ve created or linked a wallet, you will be brought into the Account Profile Set Up Page. Can I become who I want to be?
That's a tough question but thankfully, our team is on it. Please bear with us while we're investigating.
Connecting your wallet to Illust Space allows you to create your profile. When setting up your account, you may also sign up for notifications about upcoming auctions and partnerships. The profile page is your gateway to the illust space platform. Here you can fund your wallet, review items in your collection, browse upcoming drops, and even transport your art to other platforms.To place a bid you’ll need to populate the wallet tied to your account with Ethereum. More about your account here:
World Space: art can be viewed in both world space which is placing the art in the rear camera. This allows indiviudals the ability to interact art as it relates to positioning in the world around them.
Face Effect: these effects user machine learing and computer vision to place objects.
Those who submit the highest bid and have the funds to remit the proposed bid win the auction. If there are multiple lots in an auction, than the grouping of highest bidders will receive the auction.
Following the conclusion of an auction a representative from the Illust Space team will be in touch as you will be required to confirm payment of the funds upon the auction close.
Illust Space is working to foster and develop relationships with social media platforms, gaming studios, art galleries, tech platforms, and other participants in the metaverse. For a Collector, this means more access points to share your artwork with the world. There are some immediate partnerships in the works so please hold tight as we create an inroad.
What it is: Ethereum or Eth is a cryptocurrency used to place a bid on the Illust Space auction. Cryptocurrencies like any other currencies are use as a harbinger of value and like the USD or other common currencies, susceptible to fluctuations in its price.
How do I buy it: bids on Illust Space use Ethereum. In order to purchase Ethereum, please navigate to a 3rd party source such as CoinBase, Phemex, or other Cryptocurrency marketplace. Please find the following links as a resource to populate your coinwallet
The team at Illust Space is working diligently to provide an avenue for artists to mint their own works of art for auctions, galleries, and collectors.
Yes, Illust Space does will have its secondary market available by the end of the first beta auction. Some of the works will be available for resell on other secondary sales sites. Artists who sell art through Illust Space will receive a royalty for every time the art is resold paid by the seller of the art. These royalties are set by the artists. Illust Space receives a platform fee of 5% for every purchase resold on the website.
A smart contract is an embeddable digital contract that is able to track alongside a created piece of artwork to define what it is. Essentially it acts like a digital referee that provides information about who created it, it’s basic tags, and other relevant information. The Standard of choice for NFT’s is the ERC-721 standard.
Regardless of who owns the art the contract follows along providing a providential record of the asset.