Everything you need to know about NFTs tokens

[zasad@]

Non-fungible tokens (NFTs) "are unique, digital items with blockchain-managed ownership. Examples include collectibles, game items, digital art, event tickets, domain names, and even ownership records for physical assets."

This is a very promising direction for the development of cryptocurrencies. The demand for these tokens and the number of services is constantly growing.
I will try to post the maximum amount of useful information in this thread.

NFT BIBLE
https://opensea.io/blog/guides/non-fungible-tokens/

Great NFT
https://app.rarible.com/create
FAQ
https://www.notion.so/rarible-com-FAQ-9038d28524164a5e83150de052f6d5a5

NFT markets

Rare things
https://opensea.io/

Worldwide Asset eXchange
https://wax.io

Picture
https://knownorigin.io
https://superrare.co/
https://makersplace.com/
https://niftygateway.com/
https://mintbase.io/
https://async.art/

NFT explorer
https://enjinx.io/

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The topic will be supplemented as more information is received.

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[zasad@]

Reserw

[zasad@]

The main question is, why are these NTF tokens so expensive?
I tried to figure out the pricing.

1. If you bought a token or was presented with it, then to sell it you only need to pay a commission for creating a new smart contract on the NFT token market.

2. If you want to create your own tokens and sell it or donate it, then I will write the approximate prices on the rarible project.
You will need to pay for several smart contracts that will create a collection, create a title for you, and so on.
For the first token, you will need to pay 0.6 ETH.

Further, the production of tokens will be cheaper.

[Denies Distro]

The main question is, why are these NTF tokens so expensive?
I tried to figure out the pricing.

For this reason, it usually depends on people's interest in buying the NFT and also most expensive NFTs are limited edition NFTs, and also currently the most expensive NFT is Art NFT because the price can reach above 20 eth, For example NFT made by Ashton Kutcher, the paintings he made are ridiculous but maybe because he famous public figures when he did the auction sold over 20 eth.

[jacafbiz]

I was expecting NFTs tokens to really gain momentum with the DEFI hype but it seems people are still figuring them out, there are still some work to be done to make market penetration. When I saw the way MANA token pumped hard in 2019, my though then was that this is going to push the NFT niche market to a new height but things has cooled down recently

[hrunya102]

It is interesting that there has already been a boom in ICO IEO Defi, whether there will be a next boom in NFT, there are interesting options for using NFT tokens.

[zasad@]

The main question is, why are these NTF tokens so expensive?
I tried to figure out the pricing.

For this reason, it usually depends on people's interest in buying the NFT and also most expensive NFTs are limited edition NFTs, and also currently the most expensive NFT is Art NFT because the price can reach above 20 eth, For example NFT made by Ashton Kutcher, the paintings he made are ridiculous but maybe because he famous public figures when he did the auction sold over 20 eth.

The most expensive NTF token is the one that the crypto community knows about. It is enough to promote the picture on Twitter

Founder Cat #18 Last sold for 253 ETH
https://opensea.io/assets/0x06012c8cf97bead5deae237070f9587f8e7a266d/18

Last sold for 246 ETH
https://opensea.io/assets/0x06012c8cf97bead5deae237070f9587f8e7a266d/1

See how many tokens are constantly being sold
https://wax.io/blog/round-up-wax-is-the-king-of-nfts-heres-why

[minairia3]

This is a very promising direction for the development of cryptocurrencies. The demand for these tokens and the number of services is constantly growing.
I will try to post the maximum amount of useful information in this thread.

Actually nfts become a trend now. Even the founder of yfi andre cronje are even thinking that nft will be the next after defi hype. Most of the projects that focuses on nft will surely be a good haven for profits. Now I can see that avalanche has a bright future already for incoroporation of nft system on their platform.

But truly I am confuse on how those nft will be useful for any of crypto community. I know its served as a building block for collection but what its purpose?

[casperBGD]

This is a very promising direction for the development of cryptocurrencies. The demand for these tokens and the number of services is constantly growing.
I will try to post the maximum amount of useful information in this thread.

Actually nfts become a trend now. Even the founder of yfi andre cronje are even thinking that nft will be the next after defi hype. Most of the projects that focuses on nft will surely be a good haven for profits. Now I can see that avalanche has a bright future already for incoroporation of nft system on their platform.

But truly I am confuse on how those nft will be useful for any of crypto community. I know its served as a building block for collection but what its purpose?

NFT could be used for many different things, not to mention gaming industry and usage of NFT from one game into other game, gaming industry has multi-billion in-game purchase industry within, and every gamer will be interesting to acquire particular NFT that could be used in many games, more than in-game asset that could be used in just one game, and forfeited by software company

[ololajulo]

It is interesting that there has already been a boom in ICO IEO Defi, whether there will be a next boom in NFT, there are interesting options for using NFT tokens.

there are indications that NFTs will join Defi in the next rally after this corrections. I can see more NFTs and its token mention on twitter. Whales are very much awake and will take advantage of any trending and hype project. It could be the best time with this correction to pick some of the NFT token. It will be a great development to see cryptocurrency evolve with onground projects in gaming industry,real estate, art

[Ucy]

They are interesting. What interests me the most in the list is "ownership records of physical assets". I kind of want more of  physical representation of the virtual assets.
And I wonder how possible can owners be able to fully control their assets... like how you would fully own and control your Bitcoins by running full nodes?
There are some other very interesting that can be done with this.

[Killrbit]

I was expecting NFTs tokens to really gain momentum with the DEFI hype but it seems people are still figuring them out, there are still some work to be done to make market penetration. When I saw the way MANA token pumped hard in 2019, my though then was that this is going to push the NFT niche market to a new height but things has cooled down recently

Its just the hype shifting away from Defi Into something else that's all. With all the recent rug pulls on Uniswap people aren't going all Degen into random liquidity pools on uniswap anymore. So people have just shifted the goal posts From Defi into NFT tokens now.  The last time NFT tokens were big was in 2017 with Crypto kitties. People were paying anywhere from 1- 100 ether per kitty if i recall. Will not turn out well.

[contraband]

I was expecting NFTs tokens to really gain momentum with the DEFI hype but it seems people are still figuring them out, there are still some work to be done to make market penetration. When I saw the way MANA token pumped hard in 2019, my though then was that this is going to push the NFT niche market to a new height but things has cooled down recently

Its just the hype shifting away from Defi Into something else that's all. With all the recent rug pulls on Uniswap people aren't going all Degen into random liquidity pools on uniswap anymore. So people have just shifted the goal posts From Defi into NFT tokens now.  The last time NFT tokens were big was in 2017 with Crypto kitties. People were paying anywhere from 1- 100 ether per kitty if i recall. Will not turn out well.

I would increase my knowledge of NFTs if I were you.

They are merging with Defi.

Blockchain games adoption graphs look like a hockey stick in almost all metrics

NFTs remind me of crypto back 2012

[malikg18]

I can not understand How to deal with NFT. For every step Eth deduct heavily fee which is not affordable. DEGO should made it simple , it should be like other buying and selling Dashboard where buyers sellers are available.

[Fivestar4everMVP]

I can not understand How to deal with NFT. For every step Eth deduct heavily fee which is not affordable. DEGO should made it simple , it should be like other buying and selling Dashboard where buyers sellers are available.

Understand that the ecosystem is still very young and NFTs is just starting to gain traction, in a very years from now when the technology must have been fully adopted, and the ethereum blockchain upgraded to handle more transactions per second, NFT transaction fees will cost less and also, there will always be buyers ready to pay for your NFTs assets... It's a growing market and it's growing really fast.

[puremage111]

NFT's will definitely bloom
Especially in the ingame items market

Unlike the current traditional in-game items market
where the items can simply goes missing and can't be traced
Blockchain NFT's can definitely provide more transparency where your item don't just go missing or etc

[studio1one]

I have been collecting NFTs ever since Enjin was launched but, sadly there are not enough good marketplaces for NFTs (IMO). Opensea is good but selling NFT there takes a long time because of the low volume. Enjin marketplace is alright but, because of ETH the transaction price is huge.

So far, I didn't use RARI.

[Bekuciwu9]

I have been collecting NFTs ever since Enjin was launched but, sadly there are not enough good marketplaces for NFTs (IMO). Opensea is good but selling NFT there takes a long time because of the low volume. Enjin marketplace is alright but, because of ETH the transaction price is huge.

So far, I didn't use RARI.

Volume will probably change as NFT are getting traction and getting more popular. Some stay that it is the next defi.

[leea-1334]

I do get the idea and attraction of some NFTs but for me, these digital NFTs seem so terribly easy to make that I would think they should not be worth as much as they are now. I mean,,, make anything and some people paint and design to make NFTs pretty but if you think about it, anything is rare, but if you can make 1 million rare NFTs, what is the point? Can someone make me understand?

[naska21]

I do get the idea and attraction of some NFTs but for me, these digital NFTs seem so terribly easy to make that I would think they should not be worth as much as they are now. I mean,,, make anything and some people paint and design to make NFTs pretty but if you think about it, anything is rare, but if you can make 1 million rare NFTs, what is the point? Can someone make me understand?

Moneybags are not predictable. Do you  remember those CryptoKitties stories ( now two years old) when some instances of digital cats were sold for more than $100K? It proves  all those "1 million rare NFTs" can be sold eventually. I don't say for $100K each but if each item sold for at least $1 someone who minted them will get $1 M into his pocket, money from the air, I would say.  Sometimes I play games on steam and get digital items  as the reward. They are not really NFT because they are not rare, but even those identical items can be sold,  because there is  a demand  on steam market.

[Debonaire217]

I do get the idea and attraction of some NFTs but for me, these digital NFTs seem so terribly easy to make that I would think they should not be worth as much as they are now. I mean,,, make anything and some people paint and design to make NFTs pretty but if you think about it, anything is rare, but if you can make 1 million rare NFTs, what is the point? Can someone make me understand?

They are yes, easy to make, but if someone will create a very good NFT concept like crypto kitties, then they are sure that the NFT will have a very good value. It is the same in physical world, people could always make an art but those artists who have built their reputation and have very good talent and skills already could sell their art in millions.

But what differs there is that these artwork can remain forever since its running on the ethereum blockchain. The disadvantage is, they couldn't have the physical item.

[studio1one]

I have been collecting NFTs ever since Enjin was launched but, sadly there are not enough good marketplaces for NFTs (IMO). Opensea is good but selling NFT there takes a long time because of the low volume. Enjin marketplace is alright but, because of ETH the transaction price is huge.

So far, I didn't use RARI.

Volume will probably change as NFT are getting traction and getting more popular. Some stay that it is the next defi.

Yea volume will have to increase like a lot if NFT wants to be the next DeFi of crypto. I think marketplaces are working on upgrades too, I logged into opensea tonight and, they have changed a lot since I last visited them.

[bakasabo]

Strange that no one so far mentioned, that not every Ethereum wallet supports NFT tokens.

For example Trust Wallet supports NFT, with MEW wallet you need to do few clicks/steps to make them appear in your token list. But, Atomic Wallet does not support ERC1155 NFT, they support only ERC20 tokens at the moment.

You might find more valuable info at http://erc721.org/

[cryptoaddictchie]

For example Trust Wallet supports NFT, with MEW wallet you need to do few clicks/steps to make them appear in your token list.

Hello, I bought pgfk during their sale and used my mew address. After paying of I received it on my wallet and can see it under etherscan as erc721.  I didnt do any steps just to make it visible. Maybe they already supported it. Cause I also checked on trustwallet my imported mew wallet and clickef the collectible and viewed there as well the nft I bought.

Seems no need to do some steps at all. Maybe if the bought ndt on marketplace like opensea or rarible, needes some step but on my case didnt do any complicated measures.

[shoreno]

I have been collecting NFTs ever since Enjin was launched but, sadly there are not enough good marketplaces for NFTs (IMO). Opensea is good but selling NFT there takes a long time because of the low volume. Enjin marketplace is alright but, because of ETH the transaction price is huge.

So far, I didn't use RARI.

Volume will probably change as NFT are getting traction and getting more popular. Some stay that it is the next defi.

Yea volume will have to increase like a lot if NFT wants to be the next DeFi of crypto. I think marketplaces are working on upgrades too, I logged into opensea tonight and, they have changed a lot since I last visited them.

marketplace ? so this toks can be sold because at first i thought they arent like any other toks that can be sold because the op said they are fungible and tbh i didnt knew the meaning of this but sounds like tangible which means cant be eaten , lmfao .

 calling them next defi is unlikely because they said this was existed long time ago or when the time where enjin project created . i remember enjin and others before but their fame didnt last long  . the next defi is something that is new or havent produced yet till now .

[sedactoo+04]

I am really curious why there are no further discussions on the forum about NFTs or Crypto art, they seem to be the ICOs of the next bull run or maybe not, i really dont know , actually the NFT market is pumped already, in October it had a huge run, now it seems more stable.

[thesmallgod]

I was expecting NFTs tokens to really gain momentum with the DEFI hype but it seems people are still figuring them out, there are still some work to be done to make market penetration. When I saw the way MANA token pumped hard in 2019, my though then was that this is going to push the NFT niche market to a new height but things has cooled down recently

It is because people don't have knowledge of what they are and how they can explore them. It could have been better if the defi hype continue because that could make people to have more interest in it but since the DeFi seem to be another fail attempt to breakout due to high transaction fee as many of them are based on ethereum block chain. Unless there is a new revolution with another land breaking event that make people realized how important this NFT token are, it might not be explore. Project such as kingswap that also support NFT and has its NFT tokens might also make them more popular if they attain success

[Shallow]

You are quite right about NFT being very promising and might be the next direction for the development of most cryptocurrencies. NFT idea is a good and unique one but over time, it seems to be lagging behind maybe because there are yet to be a team willing to bring in good strategies that will turn things around or people are yet to understand its concept. Also, I think the NFT started picking up this year with the advent of DeFi because I noticed that most team are now working on it, hence the reason why most people believes that NFT will most likely be the next trend in the crypto space since Defi trend is already slowing down. However, just like DeFi projects and the ones before it, once the hype gets over to NFT it is important to invest wisely.

[shiming]

NFT token. I think that as a hot spot, there are still some conditions. NFT tokens are more biased towards practical applications. Unlike DIFI, which prefers finance, I think there is still a certain distance between the use of NFT tokens. 5G communication, information input. Still have to develop.

[wedosgibas]

The most expensive NTF token is the one that the crypto community knows about. It is enough to promote the picture on Twitter

Founder Cat #18 Last sold for 253 ETH
https://opensea.io/assets/0x06012c8cf97bead5deae237070f9587f8e7a266d/18

Last sold for 246 ETH
https://opensea.io/assets/0x06012c8cf97bead5deae237070f9587f8e7a266d/1

See how many tokens are constantly being sold
https://wax.io/blog/round-up-wax-is-the-king-of-nfts-heres-why

This was surprising to me, so indeed crypto has entered the world of art, I think some expensive NFTs have their own uses such as mining, game, or crypto-related.

[chichidori]

You are quite right about NFT being very promising and might be the next direction for the development of most cryptocurrencies. NFT idea is a good and unique one but over time, it seems to be lagging behind maybe because there are yet to be a team willing to bring in good strategies that will turn things around or people are yet to understand its concept. Also, I think the NFT started picking up this year with the advent of DeFi because I noticed that most team are now working on it, hence the reason why most people believes that NFT will most likely be the next trend in the crypto space since Defi trend is already slowing down. However, just like DeFi projects and the ones before it, once the hype gets over to NFT it is important to invest wisely.

But its a bit complex traditional traders and are not tech savvy will likely to ignore it but the market is there and its getting big, it was known back 2016 but up until now too few knows about it even after the cryptokitties creation and many forks follows still it is being overshadowed by an erc20 easy to deploy token and not so many wallet support NFT.

[zasad@]

The most expensive NTF token is the one that the crypto community knows about. It is enough to promote the picture on Twitter

Founder Cat #18 Last sold for 253 ETH
https://opensea.io/assets/0x06012c8cf97bead5deae237070f9587f8e7a266d/18

Last sold for 246 ETH
https://opensea.io/assets/0x06012c8cf97bead5deae237070f9587f8e7a266d/1

See how many tokens are constantly being sold
https://wax.io/blog/round-up-wax-is-the-king-of-nfts-heres-why

This was surprising to me, so indeed crypto has entered the world of art, I think some expensive NFTs have their own uses such as mining, game, or crypto-related.

This is just the beginning.
The Nine Most Innovative Crypto Artists of 2020
In 2020, crypto art based around non-fungible tokens has exploded. We've spoken to nine crypto artists working at the bleeding edge of NFTs.
https://decrypt.co/52447/the-nine-most-innovative-crypto-artists-of-2020
Try to imagine the prospects of this market in 10 years..

[casperBGD]

This is just the beginning.
The Nine Most Innovative Crypto Artists of 2020
In 2020, crypto art based around non-fungible tokens has exploded. We've spoken to nine crypto artists working at the bleeding edge of NFTs.
https://decrypt.co/52447/the-nine-most-innovative-crypto-artists-of-2020
Try to imagine the prospects of this market in 10 years..

did you check sorare.com, or NBA top-shot, they are both platforms for sport NFT's with strong growth last year, and Sorare platform has some amazing sales, like Unique Mbappe for 111+ ETH and similar
basically, Sorare is selling playing collectible cards, that can be used in their fantasy football competitions, with rewards in ETH and new cards two times a week (mid-week and weekend rounds)
NBA top shot is still in beta, but already selling top moments from NBA history and current season and lately had 25+k USD sale for one Legendary moment

there is a lot of upside potential for NFT's, but there is also a lot of useless NFT's that flooded the market, and probably will have no use in the future, but also some with value that will go up, but the market is already heated, and one should be careful with prices

[zasad@]

This is just the beginning.
The Nine Most Innovative Crypto Artists of 2020
In 2020, crypto art based around non-fungible tokens has exploded. We've spoken to nine crypto artists working at the bleeding edge of NFTs.
https://decrypt.co/52447/the-nine-most-innovative-crypto-artists-of-2020
Try to imagine the prospects of this market in 10 years..

did you check sorare.com, or NBA top-shot, they are both platforms for sport NFT's with strong growth last year, and Sorare platform has some amazing sales, like Unique Mbappe for 111+ ETH and similar
basically, Sorare is selling playing collectible cards, that can be used in their fantasy football competitions, with rewards in ETH and new cards two times a week (mid-week and weekend rounds)
NBA top shot is still in beta, but already selling top moments from NBA history and current season and lately had 25+k USD sale for one Legendary moment

there is a lot of upside potential for NFT's, but there is also a lot of useless NFT's that flooded the market, and probably will have no use in the future, but also some with value that will go up, but the market is already heated, and one should be careful with prices

To say the truth, no. But we should separate pictures and cards. The market is growing rapidly and there will be more services over time.

__
https://decrypt.co/54121/rick-morty-creator-is-selling-nft-artwork-on-ethereum

Rick & Morty Creator Is Selling NFT Artwork on Ethereum
The NFT market has boomed in the past year with a niche audience. And well-known creators are now jumping on the bandwagon.

[zasad@]

https://decrypt.co/56599/ahead-of-mayweather-fight-logan-paul-creates-ethereum-nfts

Ahead of Mayweather Fight, Logan Paul Creates Ethereum NFTs
"YouTuber Logan Paul will sell his own NFT-based artworks in addition to a vintage 1999 Pokémon card booster collection.

In brief
YouTuber Logan Paul will sell a series of NFT-based artworks as part of his Pokémon card booster auction.
A total of 36 booster packs and 44 NFTs will be sold, with a minimum bet of $10,000.
Paul will personally open each pack before sending them to winning bidders."

Already popular bloggers are starting to master NTF technology

[RobbyDama01]

As a beginner, I would like to thank you a lot for the information you provide in this Porum, so that I can find out what I should learn in the future.

[zasad@]

https://decrypt.co/56965/nba-top-shot-sells-2-6-million-in-nfts-in-30-minutes
"NBA Top Shot Sells $2.6 Million in NFTs in 30 Minutes
The NFT craze continues as investors line up to pump $2.6 million into the latest product of the CryptoKitties’ creators.
In brief
Dapper Labs’ NBA Top Shot blockchain collectibles had over 2,500 packs sold in a matter of minutes.
With each pack worth $999, investors spent $2.6 million.
A website glitch enabled some users to jump the queue and purchase NFTs."

[TopTort777]

Is there a place where I can sell (with high probability of selling) regular cards? Like binance nft cards, or the nft cards that can be easily obtained. I understand that the price will be rediculously low, but at least it will be sold.
Like cs:go cheap skins (that cost just few cents), they are useless, but still someone buys it. Because with nft, all I see that either something very-very rare is sold, either is a chance to sell all other thousand card.

[zasad@]

Selling NTF tokens is a very difficult business. Of course, the rarest specimens are very popular.

https://decrypt.co/57092/biggest-ever-nft-sale-made-as-single-axie-land-goes-for-1-5-million
Biggest Ever NFT Sale Made as 'Axie Land’ Goes for $1.5 Million
The cutesy blockchain game has seen a bump in popularity over the past year. And it can now boast of the most expensive NFT sale ever.

Nine plots of land on blockchain game Axie Infinity were sold for over 888 ETH (≈$1.5 million) yesterday, making them the most expensive non-fungible token (NFT) sale ever. The buyer was an anonymous entity known only as “Flying Falcon.”
https://twitter.com/AxieInfinity/status/1358919423763992576

[zasad@]

https://decrypt.co/57720/ethereum-nft-market-primed-for-explosive-growth-in-2021
Ethereum NFT Market Primed for Explosive Growth in 2021
From virtual land to digital art, a comprehensive, new study delves into the booming market for non-fungible tokens.
Adriana Hamacher
Feb 15, 2021

[devil2man]

we must not underestimate this type of market even if these nft look like only stickers for kids, in reality there are some that can be worth as much as this one for example CryptoKitties' Founder Cat # 18 which was sold for more than 250 eth

[zasad@]

https://decrypt.co/57948/ethereum-cryptopunks-are-selling-for-outrageous-sums-of-money
Ethereum CryptoPunks Are Selling for Outrageous Sums of Money
A picture of a male “punk” sold for over 78 ETH (≈$136,000) this morning. But critics aren't impressed.
Shaurya Malwa(C)
A CryptoPunk sold this morning for over $136,000.
The sector has experienced massive growth in the past year.
However, not everyone is impressed by the overpriced NFTs.

[zasad@]

https://decrypt.co/58109/the-story-behind-hashmasks-ethereums-greatest-art-sale
The Story Behind Hashmasks: Ethereum’s Greatest Art Sale
Hashmasks took the Ethereum world by storm when they raised $16 million in a weekend. Here’s how it all started.
2 people have made one of the largest NTF token markets to date. It took less than 2 years.

[famelor]

I still find it quite interesting because there are some really nice pieces of art out there (and not talking about over-hyped speculation NFTs).

I say, if you like something, you should buy it (if you are having enough ETH) because it makes you happy (that's the main difference to my crypto balance or bank account balance which not makes me happy).

I recently bought a few pieces for little money just for my personal pleasure and not expecting any big growth, but also created an own series for fun and the technical aspect (check out https://opensea.io/collection/cryptosheep-v2 if you're interested)

[zasad@]

An Original Banksy Has Been Burned and Turned Into an NFT
The £70,000 artwork, called Morons, was destroyed in a secret New York location today—and made into a non-fungible token.
https://decrypt.co/60070/an-original-banksy-has-been-burned-and-turned-into-an-nft
In brief
“Morons,” an original Bansky artwork has been burned and transformed into an NFT.
The 2006 work ridicules collectors who pay vast sums of money for art.

[zasad@]

Create NFTs with the Avalanche Wallet
https://docs.avax.network/build/tutorials/smart-digital-assets/wallet-nft-studio
"Besides the native AVAX token, Avalanche platform natively supports the creation of other types of digital assets: fixed-cap assets, variable-cap assets, and non-fungible tokens (NFTs).
As opposed to regular tokens, which are interchangeable (fungible), meaning that each one is the same, each non-fungible token is unique on the network, with a distinct ID making it different from any other. This enables many use cases that would be impossible with interchangeable tokens, like proof of ownership of a unique asset."

The main difference is that NTF tokens can be created very cheaply!

[zasad@]

The 10 Most Expensive NFTs Ever Sold
The NFT art scene has exploded in recent months, with nine of the ten most expensive NFT sales conducted in the last six months alone. Here are the biggest sales to date.
https://decrypt.co/62898/the-10-most-expensive-nfts-ever-sold
"In brief
Non-fungible tokens (NFTs) are unique digital assets that are generally used to represent works of art and collectibles.
A recent NFT boom attention has seen several of them sold for upwards of $1M a pop, with one selling for close to $70 million."

[donatello345]

Many believe that this is an ordinary art that can easily be sold for a high price. But beginners need to be upset, unfortunately this is not an ordinary art - this is a tokenized valuable asset of some kind, so to speak, the same art made is backed up by something, so with each NFT token, I hope I explained it clearly

[zasad@]

https://decrypt.co/66173/a-house-in-germany-is-being-sold-as-an-nft
A House in Germany Is Being Sold as an NFT
"The house in Kransberg is being auctioned on NFT marketplace OpenSea, with a starting price of $74,000. But it has no bidders so far.
In brief
A house in Germany is being sold as a non-fungible token (NFT).
The buyer of the NFT will be able to access unlockable content that comes with it, enabling them to contact the seller and organize the formal sale."

[motun01]

Thank you for this trip I have been doing some research on any of the project recently when I found out that a lot of them have been doing good especially in terms of price at the moment but I still haven't been able to come up with a existing real life use cases and if there is one I will like you to kindly link me with the topic.
I really hope that nft is not just a flash in the pan like a lot of other crypto projects  that claim to revolutionize a certain industry but after years of development nothing has come out of it.

[zasad@]

https://decrypt.co/69088/wrap-protocol-brings-ethereum-tokens-and-nfts-to-tezos
Wrap Protocol Brings Ethereum Tokens and NFTs to Tezos
"DeFi development firm Bender Labs has launched a decentralized bridge to bring Ethereum ERC-20 and ERC-721 tokens to the Tezos blockchain.
In brief
Tech startup Bender Labs has released Wrap Protocol—a decentralized bridge between Ethereum and Tezos.
The protocol allows users to "wrap" their ERC-20 and ERC-721 tokens and move them outside of the native blockchain."

[slashz9]

Sometimes I wonder why people want to spend money only on pictures that are not very good in my opinion, not mean to offend, hmm but I think they already have too much money and try to spend to buy whatever they want, but there are also some people making it as an investment.
And the last thing I saw on Nasdaily was a bitcoin billionaire from India who bought nft worth 69 million $, imagine that money could be made to make new projects or other things, but he said he bought the nft for investment and he is sure the nft market will develop in the future, yes even though he lost the money he still has a lot of money in bitcoin.

here the link for the picture, i have seen the video but i forget

https://web.facebook.com/nasdaily/photos/a.699921910159964/1952853128200163/

[temple]

https://decrypt.co/66173/a-house-in-germany-is-being-sold-as-an-nft
A House in Germany Is Being Sold as an NFT
"The house in Kransberg is being auctioned on NFT marketplace OpenSea, with a starting price of $74,000. But it has no bidders so far.
In brief
A house in Germany is being sold as a non-fungible token (NFT).
The buyer of the NFT will be able to access unlockable content that comes with it, enabling them to contact the seller and organize the formal sale."

Interesting, but so far it is only a good option to use NFTs for auctions. When it comes to all the documentation stuff once a sale is finalized you will still need to have all the communication with relevant authorities. It will still need quite some time until you can freely and quickly houses or parts of houses on the blockchain.

For now I guess it is more suitable for artwork and so on.

[FanEagle]

https://decrypt.co/66173/a-house-in-germany-is-being-sold-as-an-nft
A House in Germany Is Being Sold as an NFT
"The house in Kransberg is being auctioned on NFT marketplace OpenSea, with a starting price of $74,000. But it has no bidders so far.
In brief
A house in Germany is being sold as a non-fungible token (NFT).
The buyer of the NFT will be able to access unlockable content that comes with it, enabling them to contact the seller and organize the formal sale."

Interesting, but so far it is only a good option to use NFTs for auctions. When it comes to all the documentation stuff once a sale is finalized you will still need to have all the communication with relevant authorities. It will still need quite some time until you can freely and quickly houses or parts of houses on the blockchain.

For now I guess it is more suitable for artwork and so on.

I do agree with this. Houses are not easy to sell and you can't just buy NFT of that house and expect the other side to agree on the terms, they can tell you "anyone who buys this NFT will get the house" and if they decline? What are you going to do, sue them because of the NFT purchase? Which court would really care about that? This is why I think it is obvious that we should not be focusing on anything that has physical value that is sold on digital platform, we are not buying some items on amazon here, we are talking about something as big as a house.

Obviously the regular expectation for NFT is artwork, painting, digital arts, gifs, sounds, tweets, instagram posts, videos and the such, that way you know what you are getting and there is no extra steps needed. It is not a bad method, way too overpriced but at least it works like how it suppose to work.

[zasad@]

https://decrypt.co/74909/tim-berners-lee-web-source-code-nft-sells-5-43-million-sothebys
Tim Berners-Lee’s Web Source Code NFT Sells for $5.43 Million at Sotheby’s
"The NFT, "This Changes Everything," sold to an anonymous buyer.
In brief
Tim Berners-Lee turned the original code of his invention, the World Wide Web, into an NFT through a series of artwork.
The code itself remains open source, but the buyer will own its artistic representation."

[zasad@]

https://decrypt.co/73601/kim-kardashian-is-shilling-ethereum-max-too-what-is-it
Kim Kardashian Is Shilling 'Ethereum Max' Too. What Is It?

"For those keeping count, Kardashian has the 10th-biggest reach on social media, with 319 million followers across Twitter, Facebook, YouTube and Instagram as of May, according to Visual Capitalist—and 228 million followers on Instagram alone. Compare that to Dogecoin-champion Elon Musk, who has a mere 56 million.

Instagram Stories work a bit like Snapchat. The photos and videos on them stay up for 24 hours and then disappear; rather than appearing on a profile page, they appear when users click on the poster's profile photo. Since Kardashian has more followers than Brazil has people, suffice it to say that a lot of people have seen this ephemeral post about EthereumMax.

They're not buying, though. Though the token pumped 5,532% in the last two weeks, it's dumped 32% in the last 24 hours. "

Don't fall for this shit

[CaptainDeFi]

Non-fungible tokens (NFTs) "are unique, digital items with blockchain-managed ownership. Examples include collectibles, game items, digital art, event tickets, domain names, and even ownership records for physical assets."

This is a very promising direction for the development of cryptocurrencies. The demand for these tokens and the number of services is constantly growing.
I will try to post the maximum amount of useful information in this thread.

NFT BIBLE
https://opensea.io/blog/guides/non-fungible-tokens/

Great NFT
https://app.rarible.com/create
FAQ
https://www.notion.so/rarible-com-FAQ-9038d28524164a5e83150de052f6d5a5

NFT markets

Rare things
https://opensea.io/

Worldwide Asset eXchange
https://wax.io

Picture
https://knownorigin.io
https://superrare.co/
https://makersplace.com/
https://niftygateway.com/
https://mintbase.io/
https://async.art/

NFT explorer
https://enjinx.io/

__
The topic will be supplemented as more information is received.

Yes dude you are right about the NFT. There are many possibilities. Are you curious about the DEEDY DIGITAL project?
Deedy is an NFT platform running on the Binance Smart Chain where users can trade, rent out, view, buy, sell, enter NFT lotteries, support and connect with creators.

📷

Deedy Digital offers a solution for enabling a unified and secure blockchain ecosystem for digital content creation and exchange.

The concept behind what they propose is simple:

- Purchase NFTs via the Deedy Market Place.

- Maintain, support and connect with creators.

- Host auctions for NFTs.

- Enter NFT lotteries.

- Take out loans using NFTs as collateral.

- Join virtual art galleries.

- Create and order NFTs.

- Purchase high-value NFTs created by celebrities and verified artists via the Deedy Launchpad.

- Rent out NFTs.

[Impala8_]

https://www.deedy.digital/
Looks like the new platform launching soon
Pretty sure guys we can really have something out of it
NFT is a pretty hyped topic
NFT lending functionality, NFT lotteries, celebrity NFTs on their platform, tier 1 centralised exchange listings
They will be supporting creatives on the platform AND! Low NFT creation fees
Sounds really cool 

[zasad@]

https://opensea.io/assets/0x455f04c9c54fffa699e9f6b1271e857a1f2bddfa/1


https://www.coca-colacompany.com/news/coca-cola-to-offer-first-ever-nft-collectibles
"NOTE: This just in! In honor of International Friendship Day, Coca-Cola is revealing that the winning bidder will also receive an in-real-life Coca-Cola refrigerator. The retro, made-in-Italy SMEG FAB28—which officially hits the market in November—will be fully stocked with ice-cold Coca-Cola to share with friends.

Coca-Cola is boosting its presence in the fast-growing metaverse with its first-ever NFT (Non-Fungible Token) collectibles. On International Friendship Day, July 30, four unique Coca-Cola NFTs will be up for auction as a single “loot box” through the OpenSea online marketplace."

[zasad@]

Punk 3860 bought for       99 Wei (< $0.01 USD) by 0x1919db from 0x4eea85.
https://twitter.com/cryptopunksbot/status/1422856677783740419
https://www.larvalabs.com/cryptopunks/details/3860
The owner of the NTF token wanted to sell it to a friend from the whitelist, but was mistaken. The new buyer has already sold the token for 52 Ethereum

[Macadonian]

Who thinks they will be worth anything in 10 years? If they are worth anything in 10 years are you going to make your money back on them? We are currently in a NFT craze which will probably be the highest they will be valued ever if you are buying them now its probably not going to be profitable for you.

[zasad@]

Who thinks they will be worth anything in 10 years? If they are worth anything in 10 years are you going to make your money back on them? We are currently in a NFT craze which will probably be the highest they will be valued ever if you are buying them now its probably not going to be profitable for you.

I think in 10 years there will be more modern technologies so as not to show pictures to everyone.
Only the owner will be able to view the unique images.
__

A little more trash from the NFT market
https://etherrock.com/
"These virtual rocks serve NO PURPOSE beyond being able to be brought and sold, and giving you a strong sense of pride in being an owner of 1 of the only 100 rocks in the game "
Look at the prices of stones

[ogundowotoby01]

NFTs are my favorite type of cryptos at the moment, this is because apart from my love for cryptocurrencies and the opportunities that the technology provides i also have a passion for art and collectibles and NFT gives people the chance to purchase valuable rare items on the blockchain and these items cannot be pirated as each one is unique in its properties, the more amazing thing is that NFTs allows this collectibles to be utilized just like real life collectibles as well because they retain their value. So Art NFT is by far my best type of NFTs

[Hypnosis00]

Who thinks they will be worth anything in 10 years? If they are worth anything in 10 years are you going to make your money back on them? We are currently in a NFT craze which will probably be the highest they will be valued ever if you are buying them now its probably not going to be profitable for you.

I think in 10 years there will be more modern technologies so as not to show pictures to everyone.
Only the owner will be able to view the unique images.
__

A little more trash from the NFT market
https://etherrock.com/
"These virtual rocks serve NO PURPOSE beyond being able to be brought and sold, and giving you a strong sense of pride in being an owner of 1 of the only 100 rocks in the game "
Look at the prices of stones

Exactly, I'd never think these projects can be able to stay for long like even 5 years in the market but to see them becoming obsolete. What I'm seeing now, digital arts aren't giving an interest to the community, NFT games may sound good but the majority of these projects are worthless.
It only the hypes brought this into having an expensive price but for now, it was just ignored by many as they are focus on the top coins in the market.  

[zasad@]

https://twitter.com/dfinzer/status/1427429707365163009
"Devin Finzer (dfinzer.eth)
@dfinzer
OpenSea just hit $1B in trading volume for the month of August so far."

https://twitter.com/xanderatallah/status/1427453596858294272
"
Alex Atallah (alexatallah.eth)
OpenSea has now passed Etsy in volume, with $1b so far in August
NFTs are rapidly catching up to all of eBay"

This market is still hot this year.

[gundala]

so far i think rarible is the best nft market. I want to submit works there but the registration process is quite complicated. In each process, starting minting and putting it on the stock exchange requires a large amount of capital. At that time, the gas fee for eth was indeed high.
for new artists, opensea is quite good, we can register ourselves as artists there, if our work is chosen by the team, it will be a good opportunity.

[zasad@]

Who thinks they will be worth anything in 10 years? If they are worth anything in 10 years are you going to make your money back on them? We are currently in a NFT craze which will probably be the highest they will be valued ever if you are buying them now its probably not going to be profitable for you.

I think in 10 years there will be more modern technologies so as not to show pictures to everyone.
Only the owner will be able to view the unique images.
__

A little more trash from the NFT market
https://etherrock.com/
"These virtual rocks serve NO PURPOSE beyond being able to be brought and sold, and giving you a strong sense of pride in being an owner of 1 of the only 100 rocks in the game "
Look at the prices of stones

https://decrypt.co/79125/ethereum-rock-jpeg-sells-for-600k-as-nft-frenzy-continues
"Ethereum Rock JPEG Sells for $600K as NFT Frenzy Continues
The price for the cheapest available EtherRocks has jumped by 900% in just two weeks.
By Ekin Genç

In brief
EtherRocks consists of rock JPEGs that have no function other than being traded.
TRON CEO Justin Sun claims to have bought one for half a million dollars this morning.
The cheapest rock available for sale is now $1 million."

This madness is already overtaking the Unisocks
https://coinmarketcap.com/currencies/unisocks/

[CryptoG99]

Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like looking at NFTs that have utility like Colosseum Cards. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.

[andireynold98]

Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like looking at NFTs that have utility like Colosseum Cards. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.

Love this so much! Really great project for me that i can say because i already fall in love with their system of course with the card packs also can make and own our dream team with our fave football players too of course. That we can earn up to 2% fee too each time players/cards was sold out. Worth to check out for this project.

[Snappycoco]

As the rise of NFT's, many projects are emerging in that area. A lot of them actually. I like how NFT's rapid growth within a year specially now that many artist cannot bid their works. This article is great. Nice summary. Been trying to find articles like this for months now.

[Mariaverde]

Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like looking at NFTs that have utility like Colosseum Cards. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.

They will also be releasing special packs with Ultra rare cards, for example footballer of the year!

[mu_enrico]

There is another market on Polygon network: https://venly.market/
You can use BSC as well.

There is also market on BSC network: https://www.bakeryswap.org/ and wax network: https://wax.atomichub.io/
But I guess opensea is still the most popular NFT market.

[zasad@]

https://www.bleepingcomputer.com/news/security/fake-opensea-support-staff-are-stealing-cryptowallets-and-nfts/

Fake OpenSea support staff are stealing cryptowallets and NFTs
"OpenSea users are being targeted in an ongoing and aggressive Discord phishing attack to steal cryptocurrency funds and NFTs.

Over the past week, threat actors have been lurking in OpenSea's Discord server, pretending to be official support representatives for the site."

https://twitter.com/_jeffnicholas_/status/1430046727843717125

[gurunanakji777]

I have been in cryptos for 4 years but still, I don't have much knowledge about the NFTs but today I found your post full of knowledge about the NFTs. It is quite helpful to those who don't have much idea about the NFTs.

[zasad@]

https://forklog.com/venchurnyj-fond-three-arrows-capital-kupil-nft-ringers-879-za-5-8-mln/
Three Arrows Capital Venture Fund buys NFT Ringers # 879 for $ 5.8 million

Cryptocurrency venture fund Three Arrows Capital acquired Ringers # 879 non-fungible token (NFT) for 1,800 ETH (about $ 5.8 million at the exchange rate at the time of the transaction).
https://opensea.io/assets/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/13000879
Artist Dmitry Chernyak released a collection on the Art Blocks generative image platform seven months ago. After the deal, he wrote, "Nice day at the jpeg factory."
https://twitter.com/dmitricherniak/status/1431270738653290496?

[zasad@]

https://decrypt.co/62898/most-expensive-nfts-ever-sold
The 15 Most Expensive NFTs Ever Sold
"The NFT art scene has exploded in recent months, with nine of the ten most expensive NFT sales conducted in the last six months alone. Here are the biggest sales to date.
In brief
Non-fungible tokens (NFTs) are unique digital assets that are generally used to represent works of art and collectibles.
A recent NFT boom attention has seen many individual NFTs sell for upwards of $1M each, with one selling for close to $70 million."

[SurVM215]

Thank you for sharing useful resources. I don't understand the NFT market at all. I'm going to start looking into it.

[zasad@]

https://twitter.com/Quicktake/status/1433989982956498949?
""It's just like Picasso in 1932."

@justinsuntron
 bought this NFT image for $500,000. He says it's worth $3 million"

https://whattonews.ru/dzhastin-san-moj-nft-etherrock-za-500000-podorozhaet-kak-kartiny-pikasso/
In his interview, Justin Sun said that these coins will only get more expensive over time, and that most crypto users do not understand this.
I don't understand that either, do you?

[zasad@]

https://twitter.com/SBF_FTX/status/1434861452469456896
") Due to the massive number of submissions, too many of which were just a picture of a fish, we are now charging a one-time $500 fee to submit NFTs.

Hopefully this will reduce spam."

LOL!

https://decrypt.co/80315/ftx-charges-for-nft-submissions-after-users-spam-marketplace-with-fish
FTX.US briefly upped the charge of minting an NFT on its new non-fungible token marketplace to $500 after users spammed the exchange with pictures of fish.

https://twitter.com/ColdBloodShill/status/1434862797909803014
"I've been drawing fish for 20 years and I bravely stepped foot into the NFT market today to sell my collections.

Please reconsider this fish-tax and allow my creations to be enjoyed by the people and true NFT collectors."


HAHAHA

[Melignya]

Wow, a very useful collection of articles, I can complete this list with several articles on the NFT:
1. About financial NFTs: https://blockster.com/blockdesk/1488_financial-nfts-are-we-about-to-see-the-real-nft-boom
2. What does cryptocurrency jargon mean?: https://blockster.com/blockdesk/1360_fud-hodl-fomo-defi-farming-and-nfts-what-does-crypto-jargon-mean

[RealMalatesta]

https://decrypt.co/66173/a-house-in-germany-is-being-sold-as-an-nft
A House in Germany Is Being Sold as an NFT
"The house in Kransberg is being auctioned on NFT marketplace OpenSea, with a starting price of $74,000. But it has no bidders so far.
In brief
A house in Germany is being sold as a non-fungible token (NFT).
The buyer of the NFT will be able to access unlockable content that comes with it, enabling them to contact the seller and organize the formal sale."

I still can't believe that there is a good chance that NFT's will become the next meme and this is the path memes took when first starting. NFT became something like "get rich quick" and we all know that is not possible. If you spend like 1000 dollars on Axie then you could make close to 150-200 SLP per day, let’s assume even at the bottom you make 50 SLP per day, you can make so much more but let’s assume it is only 50 slp per day.

At 0.$12 per token that is 6$ per day 180 dollars per month, in less than 6 months you are breaking even and then you still keep making profit AND you still have the NFT which may have increased in price by that time as well. So long story short, the money made in NFT world doesn't make sense at all, it is way too much and these all fish things and all that is the proof of that, people are trying to make money somehow, doesn't matter with what.

[V-t.Ester]

Oddly enough, but NFTs are in demand. A lot of them are purchased for a fortune (especially, works of art). On second thought, owning NFT means nothing but record in blockchain that you have bought smth and are its owner but you have no rights on it. It sounds for me like: person buy unique beautiful smartphone but the whole world use it to call. Moreover, whereas investors can sell this unique token there is no guarantees that in case they need their ETH back immediately someone would like to buy their NFT ever.

[zasad@]

Solana Monkey Business
"SolanaMonkeyBusiness is an NFT project on the Solana blockchain featuring 2 NFT collections. -SolanaMonkeys: 5000 unique generative NFTs with attributes and a rarity system. -SpaceMonkeys: 4 non-unique NFTs, granting the holders of the entire collection royalties on each SolanaMonkeys mint and trade, forever."

https://solana.com/ecosystem/smb

Solana launches projects like Bored Ape Yacht Club.

[bizfyn_ru]

A very good thread. I remember the first time I tried to buy NFT on Opensea, but when I saw the gas price of $ 160, I realized that I could live without NFT.
We need to look for alternatives, I know about
Paras.id

[zasad@]

https://decrypt.co/80999/nft-marketplace-opensea-executive-insider-info
NFT Marketplace OpenSea Confirms Executive Profited From Insider Info
Nate Chastain, the firm’s head of product, was accused of buying and then flipping NFTs that were featured on the website.

Employee information use at OpenSea
https://opensea.io/blog/announcements/employee-information-use-at-opensea/

[tees420mar]

I am still not sure, I have been in crypto for 2 years but still, I don't have much knowledge about the NFTs but today I found your post full of knowledge about the NFTs. It is quite helpful to those who don't have much idea about the NFTs. Better you should use your experience.

[Impala8_]

NFT is a great investment, and the hype is continues, because there are a lot of NFT games nowadays that has a lot of potential to stay for a long time. Play-and-Earn - it is a great concept, isn't it? For example, one of them is Duelist King. The team is from Vietnam. The same goes to CryptoBlades, Axies Infinity...  I hope you know what does that mean? The Moon is just a matter of time.

[wiss19]

NFT is a great investment, and the hype is continues, because there are a lot of NFT games nowadays that has a lot of potential to stay for a long time. Play-and-Earn - it is a great concept, isn't it? For example, one of them is Duelist King. The team is from Vietnam. The same goes to CryptoBlades, Axies Infinity...  I hope you know what does that mean? The Moon is just a matter of time.

Hype is very close to this crypto community because without this we have nothing, but right now due to NFT games we have some better potential and long term use case of this NFT. In recent time we have some good number of games which are providing NFT and price are on rise due to some good demand as this technology will go we will have some better features which can give this more attraction and better use case with more profit and better ROI for investors.

[zasad@]

https://twitter.com/TheSmarmyBum/status/1443259893411049475
"Here’s a sneak peek👀 on what we’re working on for NFT profile verification.

What do you think?

https://twitter.com/i/status/1443259893411049475 "

https://twitter.com/af_mada/status/1443243702156206089?
"As promised, here is the first experiment. Feedbacks and ideas are welcome "

[gwdf1]

NFT is currently very tempting, many people earn a lot of money from selling NFT. The layman may be confused about this NFT, but this thread can provide an explanation that will make it easier to understand NFT.  I think it deserves merit.

Actually, I can't say that there are many people who earn a lot on NFTs. There are sooner lucky units of those who really earn anything. I also believe in this sphere, but now we take NFTs as entertainment in form of digital art and different objects in NFT-games, but they can carry much more benefit to this market and people if we start using them in different spheres of business in the future.

[zasad@]

https://www.vice.com/amp/en/article/y3dyem/investors-spent-millions-on-evolved-apes-nfts-then-they-got-scammed
Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed.
"The developer behind the NFT project, ‘Evil Ape,’ suddenly disappeared along with its Twitter account, website, and $2.7 million."
But investors still have pictures of monkeys as a keepsake.

[zasad@]

https://decrypt.co/85704/nft-artist-beeple-sells-latest-work-29-million-auction
NFT Artist Beeple Sells Latest Work for $29 Million at Auction
HUMAN ONE is a physical sculpture that comes with an NFT.
"Beeple, the digital artist whose tokenized artwork "EVERYDAYS: THE FIRST 500 DAYs" sold for a record $69.3 million at a Christie's auction this March, has followed it up with a $28.9 million sale today of a hybrid physical and digital work. It's the second-largest sum paid for an NFT—or, at least, a piece of art accompanied by a "dynamic" NFT."

[famososMuertos]

Recently the WSOP brand that represents the most important series of tournaments in the world related to poker as a commemoration of the most significant winners(Main Event) in its history, became associated with Wax Digital.

Gallery of Champions – Most Limited Edition NFT’s Celebrating WSOP’s Iconic Main Event Winners

To launch the WSOP NFT program there will be 6 1/1 NFTs featuring poker’s most memorable World Champions. Auctions are every Monday and Wednesday at 1pm ET. Additional WSOP NFT packs to be announced featuring “Bracelet Chaser” and “Hall of Famer” series items. Bidding starts at 100 WAXP and increases in 10 percent bid increments.

^{Source:https://wdny.io/wsop/}

The first is referred to what is known as the "boom" of modern poker and is a video from 2003 that has been marked with the title:
Chris Moneymaker - The win that shocked the world
WSOP Gallery of Champion Moments
^{series1:https://wdny.io/wsop/
Active/ now live.}

It is a very significant video or moment because according to experts it is attributed to the entire "boom" that online poker had in the first decade (XXI) and part of the second.

The remaining five will begin to be auctioned between November 22 and December 6.

The 6 moments are actually very significant for the history of poker and especially the WSOP brand, but I never really thought remotely that they would become part of the whole this NFT party.

The same source highlights something somesomething that must always be taken into account before bidding:

The WAX Blockchain ensures your World Series of Poker collectibles are 100% verifiable as authentic.

^{source:https://wdny.io/wsop/}

[zasad@]

https://www.theinformation.com/articles/nft-marketplace-opensea-offered-10-billion-valuation
NFT Marketplace OpenSea Offered $10 Billion Valuation

"OpenSea, the most popular marketplace for non-fungible tokens, is fielding new investment offers that could increase its valuation roughly six times to $10 billion or higher, according to two people with direct knowledge of the matter."

[MIner1448]

The main question is, why are these NTF tokens so expensive?
I tried to figure out the pricing.

1. If you bought a token or was presented with it, then to sell it you only need to pay a commission for creating a new smart contract on the NFT token market.

2. If you want to create your own tokens and sell it or donate it, then I will write the approximate prices on the rarible project.
You will need to pay for several smart contracts that will create a collection, create a title for you, and so on.
For the first token, you will need to pay 0.6 ETH.

Further, the production of tokens will be cheaper.

Due to such a price for az, many bypass such projects, because at the moment not everyone can pay 0.6 Ether. If I'm not mistaken, there are now a couple of blockchains that already serve these tokens with a minimum gas price, for example, Radix? In general, I am now very surprised at this project, because the prices there are really cheap for gas.

[zasad@]

The main question is, why are these NTF tokens so expensive?
I tried to figure out the pricing.

1. If you bought a token or was presented with it, then to sell it you only need to pay a commission for creating a new smart contract on the NFT token market.

2. If you want to create your own tokens and sell it or donate it, then I will write the approximate prices on the rarible project.
You will need to pay for several smart contracts that will create a collection, create a title for you, and so on.
For the first token, you will need to pay 0.6 ETH.

Further, the production of tokens will be cheaper.

Due to such a price for az, many bypass such projects, because at the moment not everyone can pay 0.6 Ether. If I'm not mistaken, there are now a couple of blockchains that already serve these tokens with a minimum gas price, for example, Radix? In general, I am now very surprised at this project, because the prices there are really cheap for gas.

There are already many blockchains with low fees out there, but they are not as popular as the Ethereum ecosystem.

___
New trend  NTF tokens
Sloika Raises $2M to Propel Rising Ethereum Photo NFT Market
https://decrypt.co/87244/sloika-raises-2m-propel-rising-ethereum-photo-nft-market
"Photography is a growing trend in the booming NFT scene, and Sloika aims to give it a dedicated space to shine."

[lixer]

There are already many blockchains with low fees out there, but they are not as popular as the Ethereum ecosystem.

Whatever it is that they are, most of them are quite funny. I see some NFTs that are looking so funny, but the owners sell when they are very popular figures, you will see them being able to sell it at a high rate easily because there would be lots of people who would want to buy the NFT from them and the auction will keep going until they reach a really high number and it becomes owned by the highest bidder.

Although I have seen quite a few of them that are really cool and I would say that they are worth that. Saw an artist once on Twitter that made really cool paintings and selling them as NFTs through Twitter. He never had much followings, but due to how good his work his, he was able to get retweets and lots of bidding on the artwork until he arrived at a high price.

[zasad@]

https://decrypt.co/88041/cryptopunks-ip-complaints-punk4156-10m-ethereum-nft-sale
CryptoPunk Owner Explains Why IP Dispute Led to $10M Ethereum NFT Sale
"Discontent swirls around Larva Labs’ leading NFT avatar collection as one prominent holder bows out with an eight-figure sale.

Some CryptoPunks NFT holders are frustrated with Larva Labs over a lack of communication, licensing guidance, and community engagement.
One notable owner, Punk4156, sold his namesake CryptoPunk for over $10.25 million worth of ETH yesterday."

[LUCKMCFLY]

I think this is the right time to launch everything that has to do with NFT, as I have seen in many articles they affirm that the year 2022 will be the year of the NFT, especially for games, and if we take into account that everything that they can convert to NFT is viable, this makes people interested in buying NFT and anything they read and say that it is an NFT will undoubtedly attract attention, what has impressed me is the house in Germany, plus $ 74k does not it is a very cheap figure for a property, unless the internal construction characteristics are of high quality.

[fullhdpixel]

It is really a shocking thing to me that we are talking about NFT's in the same sense that we are talking about art. I mean I get that it is similar but in the sense that we have seen a cryptopunks sold for 10+ million dollars, that is way too much and not what people assumed would happen. I am hoping that people do not lose too much money on these things, they are unique and not tokens or coins, so each of them has its own value.

In this case if that 10 million dollar thing was just a way to prop up the price of cryptopunks then whoever did it knew what he was doing and just getting some attention about it, this is why I wonder about the people who got in because of these huge numbers and spend some of their own money and if they actually could resell it at that price for the long term. Maybe the hype is alive right now and you can, but in 5 years time will they still worth this much?

[zasad@]

The Chainalysis 2021 NFT Market Report
"Everything You Need to Know About the NFT Market and Its Most Successful Collectors"
https://go.chainalysis.com/rs/503-FAP-074/images/Chainalysis%20NFT%20Market%20Report.pdf
More than 75% of OpenSea's sales revenue came from just 5% of users.

[zasad@]

OpenSea Valued at $13.3 Billion as Ethereum NFT Market Booms Again
https://decrypt.co/89776/opensea-valued-13-billion-ethereum-nft-market-booms-again
"OpenSea had its second-best month for Ethereum NFT volume in December, so it's no surprise that VCs want in.
In brief
The Series C funding round was led by Paradigm and Coatue.
OpenSea raised $100 million in a Series B round in July 2021."

[K4C]

I think this is absolutely right because many people are not know about NFT and the gaming coins so i simply say that NFT token are so profitable and then anyone wants to invest so purchase a gaming token and NFT they definitely gain a profit because that type project cannot go to down side they rise slowly slowly and one day they show there power so that type project are so excellent.

[Blowon]

I think you missed one very popular NFT. Axie infinity as a very successful NFT game. Everyone should know here. Because a lot of people know. I'm sure you should add it to your list.

[laredo7mm]

The main question is, why are these NTF tokens so expensive?
I tried to figure out the pricing.

For this reason, it usually depends on people's interest in buying the NFT and also most expensive NFTs are limited edition NFTs, and also currently the most expensive NFT is Art NFT because the price can reach above 20 eth, For example NFT made by Ashton Kutcher, the paintings he made are ridiculous but maybe because he famous public figures when he did the auction sold over 20 eth.

I always thought NFT's are just a batch of collector's items and they do not have any use case rather than using as a profile picture. I never had an interest in NFT because most of the volume that shows in NFT is fake and it is not like a spot market and more like an auction so the seller can bid his own NFT at a higher price. You will never know because it's not hard to create a new wallet and place a bid at a higher price.

Recently I have seen some projects are trying to give some use cases to their users like premium membership, discounts etc. It always looks a bit complicated to me why people are buying some jpg images with so much money. Can you tell me what is the actual reason behind it?

[indo1]

It is interesting that there has already been a boom in ICO IEO Defi, whether there will be a next boom in NFT, there are interesting options for using NFT tokens.

I've seen this boom in NFT game axie infinity even its reward coins alone can generate 40x of the initial price profit. NFT AXS exploded when the game played into many people followed it until now. This game has a fairly expensive NFT price but every day we will get slp in return for completing in-game missions. I look forward to seeing industries other than gaming in the form of NFT in 2022.

[abralzain17]

Non-fungible tokens (NFTs) "are unique, digital items with blockchain-managed ownership. Examples include collectibles, game items, digital art, event tickets, domain names, and even ownership records for physical assets."

This is a very promising direction for the development of cryptocurrencies. The demand for these tokens and the number of services is constantly growing.
I will try to post the maximum amount of useful information in this thread.

NFT BIBLE
https://opensea.io/blog/guides/non-fungible-tokens/

Great NFT
https://app.rarible.com/create
FAQ
https://www.notion.so/rarible-com-FAQ-9038d28524164a5e83150de052f6d5a5

NFT markets

Rare things
https://opensea.io/

Worldwide Asset eXchange
https://wax.io

Picture
https://knownorigin.io
https://superrare.co/
https://makersplace.com/
https://niftygateway.com/
https://mintbase.io/
https://async.art/

NFT explorer
https://enjinx.io/

__
The topic will be supplemented as more information is received.

NFT token. I think that as a hot spot, there are still some conditions. NFT tokens are more biased towards practical applications. Unlike DIFI, which prefers finance, I think there is still a certain distance between the use of NFT tokens. 5G communication, information input. Still have to develop.

[feelideb]

NFT token is going to play a big role and ievolve perfectly into metaverse future! Development iin NFT utility and acceptance iis going to grow very fast as people being to see the value and potential iit had for metaverse and future technology. It may be too late if you are not engage in NFT market now. Opensea valuation is in billions as we speak!

[zasad@]

OpenSea Rival LooksRare Tops $110M in Ethereum NFT Trading in One Day
https://decrypt.co/90197/opensea-challenger-looksrare-110m-ethereum-nft-trading-day-one
"After airdropping its LOOKS token to OpenSea users, LooksRare puts up big numbers as it aims to dethrone the leading NFT marketplace.In brief
LooksRare is a new NFT marketplace that rewards users via its LOOKS token, which it airdropped to select OpenSea users.
The marketplace has already generated $110 million in Ethereum NFT trading volume since yesterday’s launch."

[Daltonik]

This year, OpenSea got off to a great start, if you look at the data on https://dune.xyz/queries/3469/6913 With that, you can see that since January 1, the trading volume of NFT on OpenSea has already amounted to $3.565 billion, which is 10% more than for the whole of December 2021.

[Daltonik]

If you look at the data https://www.theblockcrypto.com/data/nft-non-fungible-tokens/marketplaces/nft-marketplace-monthly-volume then you can see that in January the trading volume of NFT exceeded $ 6.86 billion, most of the trading falls on OpenSea and amounted to $4.21 billion in January, the LooksRare platform is in second place with a trading volume of $2.25 billion.

[Daltonik]

Recently, there have been quite contradictory opinions regarding OpenSea, such as accusations of fictitious transactions with the aim of inflating prices and volumes, a large amount of plagiarism and scam on the platform, and in the end, the dubious security of the platform itself. So the user Timothy McKimmie sued the OpenSea marketplace after he lost the NFT from the premium collection of Bored Ape Yacht Club

Source: https://decrypt.co/93483/bored-ape-nft-lawsuit-opensea

[Daltonik]

OpenSea informs that due to the ongoing final stage of migration to a new smart contract, some functions may not be available, such as not allowing users to see their active, as well as migrated lists, even if you have moved them, and prices may temporarily change.

Source: https://support.opensea.io/hc/en-us/articles/4433163594643

[LUCKMCFLY]

Everything they show in the graphs is interesting, but I have a doubt, at this time when there is a clear war between Ukraine and Russia, probably over time this could turn into a world war, when we look at the NFTs, it can be intuited that the The market will be very low and not very good for NFTs because BTC is going down a lot in price, it is normal for the fundamentals that exist for now. So the conglomerate that has confidence in NFTs is very large but with high hopes despite the present eventualities, it's good to know that for now the NFTs have a great capacity with the metaverses.

[StegNFT]

I have recently joined Bitcointalk and this is my first post. I recently started with NFTs. I looked through the posts in this thread and did not see anything mentioned on the authenticity of NFTs. I am experimenting with authenticity mechanisms and combined a mechanism of PGP digital signatures, blockchain technology, creator address and steganography. Inside the PNG file are more files, either videos, other pictures etc but also a text file with more authenticity mechanisms and hashes. I thought this necessary as I could not figure out how to create a digital signature of the NFT using the creator address only. I had to put a lot of technical information in the description that most people will not understand (and probably not care about) but what I would like to know is if this forum can understand it and can follow what I did. I know the PGP key ring servers are not working anymore so I used the blockchain instead for key validation.

Forget about the pictures and the ongoing listing, it will just end and be relisted again. I am interested to know if the technical persons here can follow what I did and if it works. I tested it 100 times and it works consistently but I will appreciate another test as well.

Yours faithfully

StegNFT

Link to pictures and technical information

[arifteguhr]

NFT token. I think that as a hot spot, there are still some conditions. NFT tokens are more biased towards practical applications. Unlike DIFI, which prefers finance, I think there is still a certain distance between the use of NFT tokens. 5G communication, information input. Still have to develop.

Everything still has to develop for now because of both NFT, Defi, and others because I believe that new concepts in the crypto space will now exist again so that the old ones really need better development in order to compete with the newer ones.

[JooBra]

I have a feeling that for now most of NFT tokens are a promise. A lot of NFT that are about now have their token in the making for near future. I think we will see what will they bring to all space.

[zasad@]

Warner Bros. is Creating 6 Million DC Comics Trading Cards With Redeemable NFTs
https://decrypt.co/94734/warner-bros-6-million-dc-comics-trading-cards-with-redeemable-nfts
The “hybrid” card packs will be priced from $5 to $120, with buyers using an app called Hro to access their physical cards' NFTs.

[Daltonik]

Interest in NFT assets will probably only increase, so MoonPay announced the possibility for OpenSea users to purchase NFT using Visa, Master Cards or just Apple pay or Google pay, this becomes possible thanks to a partnership with MoonPay, as they themselves reported on their Twitter.

https://twitter.com/moonpay/status/1509863186887069700?s=21

[safar1980]

NFTs Can ‘Democratize Imagination,’ Says VR Metaverse Sculptor
Artist Joshua Skirtich sold nearly everything he owned to focus on creating art for the metaverse, starting with his Jenesis NFTs.
source
https://decrypt.co/98874/nfts-can-democratize-imagination-says-vr-metaverse-sculptor

[zasad@]

https://news.artnet.com/market/uk-high-recognizes-nfts-as-property-2108605
"U.K.’s High Court Ruling on NFTs as ‘Property’ Has Been Called a Landmark—But It May Not Actually Change Much
NFTs are generally treated as property already in the U.S.
The U.K.’s High Court has reportedly ruled that NFTs are property, separate from the underlying thing they represent. The counsel behind the case is calling the ruling a landmark decision with far-reaching implications for digital art, but lawyers in the U.S. that Artnet News spoke to weren’t that impressed. "

[Razanm90]

I think that people must invest in NFT wisely, because some of them just follow the hype of NFT. Although I am not really involved in NFT arts, but I tnink the future is in NFT-based games, because it's more useful than the art. At present I am following the project "reptile chronicles", its seem to be interesting. I hope the game will be cool. The project is ambitious, so I'll keep watching.

[Cling18]

I think that people must invest in NFT wisely, because some of them just follow the hype of NFT. Although I am not really involved in NFT arts, but I tnink the future is in NFT-based games, because it's more useful than the art. At present I am following the project "reptile chronicles", which seem to be interesting. I hope the game will be cool. The project is ambitious, so I'll keep watching.

To be honest, it's quite hard now to convince people to invest with NFTs because of what happened in the past. Investors have lost lots of funds in NFT tokens that were just carried by the hype. Investors these days are trying to be wiser by getting rid of hyped tokens. It needs a long series of research before we prove that an NFT has a good future 

[Razanm90]

Non-fungible tokens (NFTs) "are unique, digital items with blockchain-managed ownership. Examples include collectibles, game items, digital art, event tickets, domain names, and even ownership records for physical assets."

This is a very promising direction for the development of cryptocurrencies. The demand for these tokens and the number of services is constantly growing.
I will try to post the maximum amount of useful information in this thread.

NFT BIBLE
https://opensea.io/blog/guides/non-fungible-tokens/

Great NFT
https://app.rarible.com/create
FAQ
https://www.notion.so/rarible-com-FAQ-9038d28524164a5e83150de052f6d5a5

NFT markets

Rare things
https://opensea.io/

Worldwide Asset eXchange
https://wax.io

Picture
https://knownorigin.io
https://superrare.co/
https://makersplace.com/
https://niftygateway.com/
https://mintbase.io/
https://async.art/

NFT explorer
https://enjinx.io/

__
The topic will be supplemented as more information is received.

The NFT will thrive, especially in the in-game item market. I have several NFTs. I am sure that some of them will turn into a good profit. Also, I think the future is in NFT-based games. At present, I am following the project "reptile chronicles". I'm interested in this project because it has deep lore. Therefore I'm looking forward to the release of this game.

[LUCKMCFLY]

I think that people must invest in NFT wisely, because some of them just follow the hype of NFT. Although I am not really involved in NFT arts, but I tnink the future is in NFT-based games, because it's more useful than the art. At present I am following the project "reptile chronicles", which seem to be interesting. I hope the game will be cool. The project is ambitious, so I'll keep watching.

To be honest, it's quite hard now to convince people to invest with NFTs because of what happened in the past. Investors have lost lots of funds in NFT tokens that were just carried by the hype. Investors these days are trying to be wiser by getting rid of hyped tokens. It needs a long series of research before we prove that an NFT has a good future 

I think that the way to trust NFTs again is very difficult because in 2021 that economy was very volatile and unsustainable, it did not have something with which to defend itself because there are no supports. However, there is a way that I do trust NFTs and that is with casino platforms, for example Rollbit has its own NFTs which are excellent because they have already passed their pre-sale stage and have been a success, in fact they are called Rollbots and those who managed to acquire it have very well guarded its value.

[Rupok]

I didn't know much about NFT.I think this post is enough to know about NRC.Thanks for your helping post.Today I learned about NFT very well.From now on I will invest in NFT.NFT is becoming very popular day by day.Hope to get good profit from NFT.

[zasad@]

https://decrypt.co/102565/goblins-nihilism-poop-whats-going-on-ethereum-nfts-bear-market
Goblins, Nihilism and Poop: Here’s What’s Going On With Ethereum NFTs
"Light at the end of the tunnel
While some NFT fans may be seeking “copium” through poop-themed NFTs, the outlook isn’t all bleak. A report earlier this week from crypto analytics site DappRadar suggests that the NFT market is more resilient than the broader crypto market and could decouple from it as the NFT space matures."

[Daltonik]

Over the past month, against the background of a falling market, interest in NFT has been declining (volume has fallen by almost 50% https://pro.nansen.ai/nft-trends?platform=All ), and here OpenSea also leaked the email of users and subscribers saying that it was the fault of the email provider, absolving itself of the blame for the incident, maybe it was necessary on its part to take care of the reliability of user data in advance, and not to give it all to a third-party company.

https://twitter.com/opensea/status/1542338816551243776

[pangu]

Spartan Race NFT Passes:

Quote "1,500 NFT Passes will be made available for "Whitelist" Pre-Sale at $2,700. The remaining 13,500 NFT passes will be made available for Public Sale beginning at $3,000.

Each of the 15,000 NFT passes will give access for up to 9 years to all global events by Spartan. The pass will guarantee the holder 3 years of Global access up front, with the opportunity of two additional 3 year periods to be earned. In order to qualify for each additional 3 year period, you will need to attend all 3 "Be Unbreakable" annual events the previous 3 years. We recognize that attending all 3 events may not be possible, we will be announcing an alternative path to allow you to make up for each missed “Be Unbreakable” event.

Also, randomly generated in the 15,000 NFT passes will be 300 "Super Rares", which will give the pass holder an automatic 9 Years of Global Pass Access with no expectations or requirements. The "Ultra Rare" pass will also give access to additional perks other holders do not have."

https://unbreakable.spartan.com/

[rhomelmabini]

<snip>

Aren't this a bit pricy for 15k total of NFT supply and with nothing yet at hand for utilities? It's too good to be true even if they are a well-known brand, I think they need to slow it down for financial purposes considering not all NFT enthusiasts can afford for such price. Maybe  whales who are into sports will just dominate the collection once started minting.

[ChiNgadOr]

I think that people must invest in NFT wisely, because some of them just follow the hype of NFT. Although I am not really involved in NFT arts, but I tnink the future is in NFT-based games, because it's more useful than the art. At present I am following the project "reptile chronicles", its seem to be interesting. I hope the game will be cool. The project is ambitious, so I'll keep watching.

Whether we like it or not people are still going to invest in NFT which they think the price is going to be bullish with time with better profits. The NFT market should not be our major priority because I have seen many NFT project that only lasted for a year or two before crashing out because there was not enough investors to keep buying artworks to keep mo wt rolling into the project.
Many of the active NFT projects we do see now will end soon with time because many investors are getting fade up of the market and those who had large NFTs holdings still find it difficult to sell with good profits.

[budi691]

owning NFT means nothing but recording on the blockchain that you have bought something and are the owner but you don't have the rights to it but now we take NFT as entertainment in the form of digital art and different objects in NFT games, I recently bought a few pieces for little money just for my personal enjoyment and i expect big growth but also make my own series for fun.

[pangu]

Gaming, Blockchain & The Metaverse: Free Webinar by Animoca Brands:
https://www.bitdegree.org/course/gaming-blockchain-the-metaverse

[merekamo]

The main function of NFTs is the ability to create a unique digital asset with blockchain technology, which allows you to buy, sell and trade them. Right?

Choose an NFT platform, connect  your wallet (MetaMask), and make a payment. So, mint your NFT (we're assuming you already have the piece of art that you want to turn into an NFT). Now, you can sell, or hold your NFT.