There are now a wider variety of assets in the crypto market than there were during the last bear market. Instead of choosing to invest in different types of Cryptocurrencies, people can choose to invest in NFTs and digital land in the metaverse. It seems reasonable to assume that these new, experimental assets are riskier compared to BTC and ETH. While it's hard to measure risk … [Read more...]
NFTs: A Primer for Newbies : Equity Ownership of Anything
NFTs are a new technology that is quickly gaining popularity. I wrote this article to explain the history and basics of NFTs to those who are not familiar with the topic. The crypto world is constantly changing, so this article may not be up-to-date with the latest developments. However, it is still a good resource for understanding the basics of NFTs. The internet of assets NFTs and … [Read more...]
Minting NFTs on zkSync
This drop is the first of its kind because of the technologies involved. And putting it all together in under 4 days is a personal feat of mine :sunglasses: I would like to go into more detail about each part of this process to show some of the technical features and hopefully encourage others to mint their own NFTs using this method. Chaink VRF | A deterministic, fair raffle We … [Read more...]
Music NFTs: The Decline of Streaming + Potential Use Case
Why NFTs Are the Keys to the Inevitable Metaverse In Search of a Killer App to Accelerate NFT Adoption Non fungible tokens (NFTs) are absolutely a bubble. People have poured hundreds of millions of dollars into NFTs. Most of those “investments” will plummet to zero. Be very afraid. At the same time, NFTs are going to change the world. They will spur vast new economic growth, including … [Read more...]
How did OpenSea become the most popular NFT marketplace?
It is now winter 2018 and the crypto markets have crashed. Bitcoin and Ethereum are down up to 90% from their all-time highs. Projects that had previously launched to much fanfare and with big promises are now shutting down one after another. Your Thanksgiving dinner this year is likely to be quite awkward after your uncle sarcastically asked you how your Bitcoin investment is … [Read more...]
How The Best Businesses Will Use NFTs
The technology known as Web3 is very important and is constantly improving. Web3 allows for decentralization in areas such as finance, voting, and digital ownership. Additionally, many companies are trying to figure out ways to use this technology. Although there are probably many great ways to use Web3, we will just be discussing one called Non-Fungible Tokens. NFTs are a type of … [Read more...]
The NFTs Marketplace and its Dependence on Centralized Web2 Serv…
Creators have long been hindered by the existence of intermediaries that own the copyright to their work. However, the advent of Non-Fungible Tokens (NFTs) has transformed the creative economy and allowed for a direct relationship between artists and their audiences. With this new paradigm, artists are able to mint their work, turning it into a digital collector's item that can … [Read more...]
NFTs Need an Audience: Utility, Consumption and Building New Worlds
The Physical and Digital World Are Merging The way we discover and purchase goods and services has changed over the years. In the past, we would do this through physical means, such as going to a store or booking a service. With the advent of the internet, e-commerce platforms began to emerge and compete with the offline world. Shopping online typically involves browsing a website and … [Read more...]
Deploy Your First NFT With Python
NFTs have been increasing in popularity since last year, regardless of how the cryptocurrency market is performing. If you follow any crypto news, you must have heard of CryptoPunk, BAYC or the most recent Phantom Bear. In short, an NFT is a smart contract with some meta data, such as an image, video or some other attribute data, to make it unique from other NFTs. And since it’s on a … [Read more...]
NFTs make the internet ownable
Why crypto is becoming the "port of entry" for all internet media. I used to work as an artist manager in the music industry. When I started my own company, I believed that whoever owned the music had all the power. Usually, the record labels own the music, so they have all the control over the artists. The goal of the company is to help artists retain ownership of their work and run … [Read more...]