Everything you need to know about NFTs tokens

[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.

[1714605720]

1714605720

[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