What is Angola?
Angola, also known as AGLA, is a blockchain-based infrastructure project that aims to address the imbalances in the profit distribution structure of the existing digital asset market. It is an integrated Non-Fungible Token (NFT) project that operates based on the Candy Camera app, which has a global user base of 250 million. The project's primary goal is to enable users to create NFTs from their everyday photos, ensuring creators have full ownership of their works. Angola aims to become a recognized NFT platform, transforming the way digital media is created, distributed, and monetized.
How does Angola work?
Angola operates by leveraging its proprietary Web 3.0 technology to provide a decentralized solution to challenges in the current digital media landscape. It offers a platform for the creation and distribution of digital media content, empowering all types of digital media creators and Intellectual Property (IP) owners. One of its unique features is the "Take-to-Mint" feature, which allows creators to mint NFTs for their work using the Angola Token (AGLA). The platform also includes a marketplace where these NFTs can be traded. Angola's strategy includes integrating the Angola Wallet into various mobile platforms that focus on digital media, thereby providing users additional access to Angola's innovative underlying technology.
What are the potential use cases for Angola?
Angola has potential use cases, particularly in the realm of digital media. It enables users to mint NFTs from their everyday photos, thereby creating a new avenue for digital media monetization. The platform also allows for the trading of these NFTs in its marketplace, providing a new form of peer-to-peer commerce. Furthermore, Angola aims to foster new NFT businesses related to cultural content and create fan-based subscription models with major entertainment companies. It also intends to create a new NFT certification model with restaurant rating and reservation platforms, allowing users to purchase unique and certified dining experiences through NFTs.
What is the history of Angola?
The Angola Project was conceived with the aim of integrating the use of digital assets into various forms of digital media. It was built upon the blockchain-based Web3 creator economy, with the aim of correcting unreasonable profit distribution in the conventional digital asset market. The project's initial implementation involved serving as the exclusive partner of the “Candy Plus” camera app, which has been downloaded by over 300 million users globally. As the project continues to evolve, it aims to expand its ecosystem by collaborating with various digital media platforms and apps.