WHO IS FITSTAGE
FitStage is a team of fitness enthusiasts, former bodybuilding competitors, and gym owners that decided to bring NFTs to the fitness industry.
WHAT WE DO
Our platform allows anyone to easily create, buy, sell, and collect NFTs of their favorite bodybuilders, fitness influencers, and athletes.
WHAT'S AN NFT
An NFT is a digital asset that represents digital or real-world objects like art, music, in-game items and videos. They are bought and sold online, with cryptocurrency.
ADVANTAGES OF NFTs
Digital cards are an asset that provide value to crypto investors. NFTs are also tamper-proof and immune to modifications or fraud. Mint your own NFTs to sell to follower, fans, or friends.
VALUE OF AN NFT
Since an NFT is a single digital asset much like a physical baseball card, their value can skyrocket based on rarity and other factors. Don't be surprised if your favorite NFT fetches thousands of dollars.
DEFINITION OF MINTING
Minting is geek speak and is the process of creating a NFT.
WHAT CAN BE MINTED
Users can mint any images or artwork of themselves. Minting NFTs of other athletes is prohibited and will result in the NFT being removed from the marketplace. Users must obtain written signed consent to publish or mint NFTs of other athletes for public or private gain. Refer to our Terms and Conditions for more information.
HOW NFTS CREATE VALUE
An NFT is a non-fungible token, unlike bitcoin (or other cryptocurrencies) those tokens are not mutually interchangeable. This results in a digital scarcity which creates a natural value for the token.
Digital cards are an investment in cryptocurrency. A digital asset like photos or video associates value to cryptocurrency.
HOW NFT’S PROTECT AGAINST FRAUD
The beauty of an NFT is it creates a digital certificate of ownership and authenticity. A NFT is created by code that makes each NFT unique and immutable. An NFT is held in a blockchain, which is a digital ledger of transactions.
When an NFT is created it generates a hash of the images. A hash is a unique cryptographic “key” generated from the file contents. No two files with different content (or different lengths) can generate the same hash. The hash becomes the identity of the file. A fraudster who creates an NFT of the same image will result in a different hash. When the two hashes are compared with each other you can see which hash is the original and which is a duplicate of the original.
PUBLIC AND PRIVATE KEYS
When an NFT is minted it creates a unique public and private key, these keys provide access to the crypto wallet. The public key allows anyone to see the contents of the wallet and the private key provides access to move the NFT to other wallets. Private keys should be guarded and not shared with anyone.
SEEING A TRANSACTION ON THE BLOCKCHAIN
Go to https://etherscan.io/ and enter the public key.
WHEN WILL I BE PAID FOR MY NFT SALE?
Standard processing time for payments from FitStage to the seller account is 2-5 business days.
WHAT DOES IT COST TO MINT AN NFT?
$4.99 per NFT.
ARE THERE ANY FEES?
FitStage takes 20% of each sale.
WHAT DIMENSIONS SHOULD BE USED FOR MINTING?
All NFTs are cropped to an aspect ratio of 3:4 or 1080x1350px.
WHEN DO MY NFTS SHOW UP IN THE GALLERY?
All NFTs that are created or imported to FitStage have an approval process of 12-24 hours before they are viewable to the public gallery. The NFTs you create are accessible in your wallet in the mean time and can be shared using the QR code on the NFT receipt.
TRANSFER AN NFT TO A NEW OWNER
When a NFT is sold it will be moved from the seller’s wallet to the buyer’s wallet. This is a service we provide and a fee might be assessed at the time of transfer.
RETURNS & EXCHANGES FOR NFTS
FitStage does NOT offer refunds, returns, or exchanges for any NFTs that are, but not limited to, purchased, transferred, auctioned, or sold. It is the sole responsibility of the user to verify what digital asset is being purchased or transferred, and for what price.
VIEWING AN NFT
To view your own NFTs, login to your account and view them in your digital wallet. When you create a NFT, it associates the NFT with the originator’s phone number and generates a QR code. You can scan the QR code and see the NFT image and related files.
You can also look up the NFT by going to https://etherscan.io/ and entering the public key.
WHAT’S A BLOCKCHAIN
A blockchain represents a digital record of transactions. Where individual records, called blocks, are linked together in a single list, called a chain.
Blockchains use Smart Contracts and use cryptocurrency to facilitate a transaction.
DOES FITSTAGE STORE CREDIT CARD INFORMATION
FitStage does NOT store any users credit card information or bank information. All information is processed through our platform, user specific validation keys are created, and all user data is stored off of our platform securely.
Snail Mail: FitStage Inc 8690 Sierra College Blvd Ste 160 #315, Roseville CA 95661