Everything you need to know about NFTs tokens

[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.

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[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