Everything you need to know about NFTs tokens

[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