Israel’s Porat Group Participates in House of Legends NFT Project

Tel Aviv-based law firm, Porat Group has jumped onto the non-fungible token bandwagon with its participation in the NFT project House of Legends, the firm announced on Sunday.

The blockchain division of Porat is taking initiatives with its interest in the NFT project. Additionally, this move aligns with the law firm’s business trajectory as it helps crypto companies globally with product launches and even regulations.

“Porat Group has set the goal of becoming a professional hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term for Blockchain enterprises and projects by establishing a unique consulting division composed of veteran blockchain experts,” said Adan Kedem, the Business Development and Blockchain Strategist at Porat Group.

Another Hyped NFT Project

The House of Legends is one of the hyped NFT projects that has developed digital art of prominent personalities and historic legends, like Abraham Lincon and Martin Luther King Jr., and will sell them as NFTs on the blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term. The project will release a collection of 9,993 NFTs, “honoring the greatest minds of all time.”

The pre-sale of the project already started on December 19, while the public sale will commence on December 21 with the mint price set at 0.14159 ETH. The project partnered with prominent companies like eToro, DeFi Rangers and several other companies as well as projects.

“We identified House Of Legends as a serious project with a solid team, consisting of the legendary art of 'Amit Shimoni' enabling real new use cases combining art, utilities and innovation. Porat Group has assumed the role of legal and professional strategic consultation,” Shahar Bar-On a Lead Consultant at Porat Group told Finance Magnates.

“We see significant growth and new traditional players entering this space adding 'real value' to this preliminary stage of this ever-growing industry.”