The first practical use of the blockchain was in Bell’s lab back in ’95. Following cryptography research from 9, by Stornetta and Haber. The pair introduced a solution for time-stamping digital documents. It prevented document tampering and back-datedness.
The blockchain resurfaced again in 2009. It came as the core of the Bitcoin open source project. Today, the blockchain is being used across every industry out there. Here we will be exploring how the blockchain finds such wide-scale adoption, which is way beyond Bitcoin.
Blockchain is often referred to as Distributed Ledger Technology. It is redefining how we store data. It…
Non fungible tokens (NFTs) have been generating massive media buzz the past few months, and it’s easy to see why. From the $68 million Beeple’s record-breaking auction, at Christies to Kenny Schatchter, auctioning his grandma away as an NFT, the last one year will likely go down in history as the golden age of digital arts.
“I found myself repeatedly stating that everyone and their grandmother is minting NFTs now, or wants to — which inspired the idea to upload my grandma and mint her on OpenSea. In no time I got three offers, caved, and sold her for a…
The last 3 years have had us rethinking how we perceive ownership entirely. Diverse Non-Fungible-Token (NFT) forms have been emerging with increasing innovations. These have been around digital ownership with non-fungible assets.Virtual baseball cards, redeemable physical tokens, tweets, paintings, memes, digital autographed collectibles, and an endless list of NFTs.
Before we continue let’s get a general overview of NFTs.
Non-fungible tokens (NFTs) are digital certificates recorded on a public blockchain database. Platforms like the Ethereum virtual machine or the Binance smart chain support them. Created (or minted) using smart contract protocols.
The entire NFT market soared by over 1,785% in the first quarter of 2021. With a recorded transaction volume of over $2 billion. To understand the scale of this growth, consider that the art market values at $67 billion. It is a market that has been around for quite some time now. Instead, the entire NFT market which is approximately 3 years old, has grown to almost 3% of the entire art market.
There have been overwhelming sales like Beeple’s. The Everyday-The First 5000 days collage, selling for $69.3 million. Jack Dorsey’s NFT tweet which had its bid reaching over…
If you are creating an NFT for personal reasons or trying to make money by selling them, you need some planning. There are certain factors to consider before going ahead with your mint. Keeping up with them will ensure the success of your NFT.
In this article, we will walk you through the five factors to keep in mind before minting. These are:
“I dealt with having my art stolen for years. And I’m sort of numb to that. But when somebody is claiming to be you … pisses me off.”
Those were the words of Laufman, in an interview with Verge, following an alleged impersonation of the artist’s identity and theft of one of his arts published on his social media account.
Another affected artist, Devin Elle Kurtz tweeted “I searched my name to make sure my art hadn’t been stolen and turned into NFTs, and sure thing, an obscure old piece from my DeviantArt is randomly on the front page of…
We are happy to announce that our seed round will officially start 1st of May 2021. You can see the full information below, with our Token Economics, Roadmap and a step-by-step guide of how to send your funds in a safe and secure way. Please read the following text carefully. We want to ensure that none of you get scammed. Scammers are getting increasingly sophisticated in their attempts to get your money or personal details. Be alert and protect yourself from being scammed by following this guide. If you have any questions, please feel free to contact us.
The only NFT marketplace with verified products and the lowest fees. Exchanging NFTs with verified creators and collectors.