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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think it is safe to buy coins that are only listed on one small exchange? on: December 09, 2021, 12:56:15 PM
Quote from: masterrex on December 09, 2021, 11:14:54 AM
Quote from: minurre on November 17, 2021, 12:57:41 PM
I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?


If you ask me directly? here is my response I don't base my judgment regarding when it was listed in the first place, I'm just basing my call on the generalization of the project, on how to spur token demand in the future, I read the content of its whitepaper if those written in the roadmap is possible and applicable in the market and then the team shouldn't be anonymous when I notice that the team is not showing its identity I will not invest in that project that's my way to identify a potential project.

What about Non Fungible Token ?
https://bitcointalk.org/index.php?topic=5376124.0
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in new projects? on: December 09, 2021, 12:11:09 PM
Look at this topic:

https://bitcointalk.org/index.php?topic=5376124.0


What do you think about NFTs?
Is that a good investment?
3  Alternate cryptocurrencies / Altcoin Discussion / 🌐 NFTs & DeFi: Is This the End of Art Market Intermediaries? How to Invest? 🚀 on: December 09, 2021, 10:45:56 AM
The art market operates thanks to several categories of central intermediaries  Undecided:

  • market intermediaries to bring supply and demand into contact.
  • financial intermediaries who produce the works or finance them.
  • intermediaries who specify the quality of the work.

Decentralized finance, commonly known as DeFi, is a form of finance that does not rely on intermediaries  Shocked.

DeFi uses smart contracts based on a blockchain, it is actually a set of computer codes, defining the rules of a financial tool and executed on the nodes of the blockchain. Only blockchains supporting smart contracts allow executing these codes, such as Ethereum, Solana, Flow, BinanceSmartChain etc.

  • Initially, DeFi made it possible to do without traditional financial instruments managed by central financiers such as brokerage houses, stock exchanges or banks.
  • Now with the emergence of the NFT market, it is no longer just cryptocurrencies that are traded through smart contracts but also Art.

Rarible (on Ethereum) and TheMasterPiece (on Flow) projects are two examples of different applications, based on smart contracts to exchange NFTs.

  • Rarible (https://rarible.com/): Smart contracts written with the Solidity language make it possible to organize the exchange of NFTs and the distribution of royalties
  • TheMasterPiece (http://themasterpiece.art/): On-Chain NFTs are pixels in TheMasterPiece, defined by position and color. Smart contracts, written in the Cadence language, allow to purchase, to design, and to resale pixels that make up a community work of art. There is no notion of royalties when reselling pixels, each new owner can express their art freely on their pixels.

Be careful, projects abound today and being able to determine the quality of NFTs on the market is more or less easy to discover. NFTs projects are very heterogeneous, and as in the art world, the quality conventions associated with them. It is not easy to navigate Smiley
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