DeFi & NFT tokens project

[zasad@]

https://pro-blockchain.com/en/nft-painting-of-buterin-in-harlequin-garb-sets-record-in-weekend-crypto-art-sale

"Ethereum co-founder Vitalik Buterin, dressed like a medieval harlequin leaning against a velvet chair, stares past the viewer into the distance – that is until he’s rocketed into the sky while ether’s price flashes on the screen. Ethereum is rallying, the image suggests.

A programmable version of the scene just described made records this weekend, when a non-fungible representation sold for 260 ETH, or approximately $141,536.20. That’s the most paid, in dollar terms, for a work of crypto art to date, according to one of the painting’s co-creators, Trevor Jones."

Transaction:
https://etherscan.io/tx/0x928691b40df0e0107769b0f725dbdd7340ba1510ee1d95c1db1b489075753d29

[bitgolden]

Honestly I never invest into any NFT ever, no collectibles no nothing. I never really understood the concept and I never will. It just doesn't sound like a proper investment to me and it is not there for real and I get that digital currencies may feel like they are not there neither but you can actually buy something with them as we all know, whereas you can't really buy anything with NFT, it is just... unique useless thing.

I get that art may worth something, like buying a Picasso is not just for hanging on your wall, it is an investment as well but it is never really just an investment neither, it is desired and a power symbol. These things do not have that at all, they are totally useless and they are unwanted and they became something everyone forgets very quickly.

[zasad@]

Honestly I never invest into any NFT ever, no collectibles no nothing. I never really understood the concept and I never will. It just doesn't sound like a proper investment to me and it is not there for real and I get that digital currencies may feel like they are not there neither but you can actually buy something with them as we all know, whereas you can't really buy anything with NFT, it is just... unique useless thing.

I get that art may worth something, like buying a Picasso is not just for hanging on your wall, it is an investment as well but it is never really just an investment neither, it is desired and a power symbol. These things do not have that at all, they are totally useless and they are unwanted and they became something everyone forgets very quickly.

People are divided into 2 categories: analog and digital. The older generation is the analog generation, for example:

https://twitter.com/SquawkCNBC/status/1232272324491173888
Warren Buffett said: "I don't own any cryptocurrency. I never will."

And the younger generation, who loves modern digital things, will give preference to NFT tokens and cryptocurrencies.
NFT tokens do not need complex and expensive expertise, special storage and restoration services

[repear7]

DeFi is good for make good profit, But also high riak to lost money in DeFi. We can see too much scam project in DeFi, Some of them is ready hard to mark as a scam. If anyone trapped by them after researching, Then he can lost his confidence. Scammer using DeFi project a lot for scamming, They just create a project without team, Then they start scamming. I am not saying DeFi means scam, I am saying DeFi is good but we are losting our confidence for some scam project.

[GrosWesh]

Hey zasad@ !

How are you ?

I just discovered your thread and I must say you have well anticipated this wave of nft which has just hit the planet

By the way, did you know that the person who bought Beeple's nft for $ 69m went through the Bitcointalk forum a few years ago? He talks about it in this interview: https://youtu.be/_2Atnp4A6zI?t=416.

[nelson4lov]

Hey zasad@ !

How are you ?

I just discovered your thread and I must say you have well anticipated this wave of nft which has just hit the planet

By the way, did you know that the person who bought Beeple's nft for $ 69m went through the Bitcointalk forum a few years ago? He talks about it in this interview: https://youtu.be/_2Atnp4A6zI?t=416.

I will have to check out that video. I've been hearing and reading about Beeple in the news in the last couple of days. It's been mentioned one too many times already.

DeFi is good for make good profit, But also high riak to lost money in DeFi. We can see too much scam project in DeFi, Some of them is ready hard to mark as a scam. If anyone trapped by them after researching, Then he can lost his confidence. Scammer using DeFi project a lot for scamming, They just create a project without team, Then they start scamming. I am not saying DeFi means scam, I am saying DeFi is good but we are losting our confidence for some scam project.

That has become a norm in the crypto space for a while now. People just wait patiently to learn about the next trend and then start creating dozens of shitcoin projects while polluting the market with new influx of tokens that would hardly get any value aside from the hyped one. But eventually, you get to know which projects will stand the test of time.

[GrosWesh]

That has become a norm in the crypto space for a while now. People just wait patiently to learn about the next trend and then start creating dozens of shitcoin projects while polluting the market with new influx of tokens that would hardly get any value aside from the hyped one. But eventually, you get to know which projects will stand the test of time.

Yep, i was hearing 'nft is the next big thing' since last summer 

To talk a bit more about this 69m$ purchase : beeple is the nft artist, and buyer is known as 'Metakovan'. As stated in video, this person launched 'B20' currency, you can find it on Coingecko. No doubt he found a way to make people talk about nft AND make it's 69m$ purchase profitable 

I'm not saying it's bad, too me it's 3.0 marketing  And best part is... it works ! I'm french and i just saw this story on tv tonight, on the news !

[CaVO32]

That has become a norm in the crypto space for a while now. People just wait patiently to learn about the next trend and then start creating dozens of shitcoin projects while polluting the market with new influx of tokens that would hardly get any value aside from the hyped one. But eventually, you get to know which projects will stand the test of time.

Yep, i was hearing 'nft is the next big thing' since last summer 

To talk a bit more about this 69m$ purchase : beeple is the nft artist, and buyer is known as 'Metakovan'. As stated in video, this person launched 'B20' currency, you can find it on Coingecko. No doubt he found a way to make people talk about nft AND make it's 69m$ purchase profitable 

I'm not saying it's bad, too me it's 3.0 marketing  And best part is... it works ! I'm french and i just saw this story on tv tonight, on the news !

The money pouring in NFT is really overwhelming. They also beat a lot of old paintings with such high price tag. If you are an art collector, are you willing to spend your money in this NFT art rather than real painting of a known artist? I would go for the latter. We know for sure, actual paintings increase their value thru time. However, with NFT, are we sure that they will be that valuable in the future, especially when everyone wants to get into this business?

[GrosWesh]

The money pouring in NFT is really overwhelming. They also beat a lot of old paintings with such high price tag. If you are an art collector, are you willing to spend your money in this NFT art rather than real painting of a known artist? I would go for the latter. We know for sure, actual paintings increase their value thru time. However, with NFT, are we sure that they will be that valuable in the future, especially when everyone wants to get into this business?

I have to admit I ask myself a lot of questions about this, too.

I have come to the conclusion that people are mostly buying a technological novelty, often driven by speculation on top of that .
I think Nft will last in time but the period in which we find ourselves is still one of euphoria and excesses.

I suspected that the nft would explode but not at this point. 

[zasad@]

Hey zasad@ !

How are you ?

I just discovered your thread and I must say you have well anticipated this wave of nft which has just hit the planet

By the way, did you know that the person who bought Beeple's nft for $ 69m went through the Bitcointalk forum a few years ago? He talks about it in this interview: https://youtu.be/_2Atnp4A6zI?t=416.

I do not invest in art, but I am interested in projects that deal with NTF tokens.
There are now layer 2 solutions on Ethereum that make it very cheap to create NTF tokens, and most modern blockchains want to support NTF tokens.
But I still don't understand what people think when they buy an NTF token for $ 69 million.

[Opulous-bct]

The value of art is subjective indeed, but the fact that one like this sold for so much certainly shows the potential of the art form, digital representing the physical (even if many think it was way overpriced!).

[zasad@]

https://twitter.com/opensea/status/1499494790991212555
"We’re truly sorry to the artists & creators that are impacted, but OpenSea is subject to strict policies around sanctions law. We're a US-based company and comply with US sanctions law, meaning we're required to block people in places on the US sanctions lists from using OpenSea"
___

Welcome to American Decentralization Cry
NFT and Wallet Security
https://privacyhq.com/news/nft-and-wallet-security/
"Less than half of NFT owners feel their NFTs are secure [Survey]
Key Takeaways
Two out of 3 respondents said they had panic-sold NFTs in the past.
Nine out of 10 respondents had experienced an NFT scam.
Half of respondents had lost access to their NFTs at some point. "

https://decrypt.co/107873/bored-ape-yacht-club-nfts-ethereum-floor-price-drops-to-8-month-low
Bored Ape Yacht Club NFTs Ethereum Floor Price Drops to 8-Month Low
"The Ethereum floor price of the Bored Ape Yacht Club (BAYC) NFT collection has dropped to its lowest level since the start of the year, amid a continued NFT market slump and wider crypto market crash."

[zasad@]

https://www.theguardian.com/technology/2022/aug/24/nfts-stolen-non-fungible-tokens-criminals-scam-cryptocurrency
"More than $100m worth of NFTs stolen since July 2021, data shows
Criminals took an average of $300,000 worth of non-fungible tokens per scam, says cryptocurrency firm
More than $100m (£85m) worth of non-fungible tokens were stolen in the year to July, research shows, with criminals making off with an average of $300,000 per scam."

[vittosport]

https://www.theguardian.com/technology/2022/aug/24/nfts-stolen-non-fungible-tokens-criminals-scam-cryptocurrency
"More than $100m worth of NFTs stolen since July 2021, data shows
Criminals took an average of $300,000 worth of non-fungible tokens per scam, says cryptocurrency firm
More than $100m (£85m) worth of non-fungible tokens were stolen in the year to July, research shows, with criminals making off with an average of $300,000 per scam."

Since the boom in 2021, there have been several allegations of NFT frauds, especially involving pump-and-dump schemes and NFT security in cryptocurrency wallets. The long-term viability of NFT is significantly influenced by the metaverse; in the next five years, it is anticipated that there will be 40 million NFT transactions worldwide.

According to an analysis by Juniper Research, over the next five years, the number of nonfungible token (NFT)-related transactions will rise from 24 million in 2022 to around 40 million in 2027.

[zasad@]

https://www.prnewswire.com/news-releases/black-station-puma-reveals-first-ever-metaverse-experience-with-exclusive-nfts-at-new-york-fashion-week-301618803.html
Sports company PUMA has unveiled its first ever metaverse website experience, called Black Station, which features exclusive NFTs with limited edition redeemable physical sneakers, as part of its 'FUTROGRADE' show during New York Fashion Week.
___

https://beincrypto.com/what-is-logan-pauls-623000-nft-worth-today/
Popular YouTube personality Logan Paul's Azuki NFT now worth $10.
The influencer boasts NFTs from World of Women, Azuki, which have fallen drastically in value since their original purchases.
Overall, the this has been a tough year for NFTs, with trading volumes down 97% from Jan. 2022.

Popular YouTuber Logan Paul spent $2.645 million on NFTs in 2021.
https://twitter.com/LoganPaul/status/1474797788072484888?

The cost of the collection fell by more than 90%

[zasad@]

https://newsroom.porsche.com/en/2022/innovation/porsche-unveils-entry-into-virtual-worlds-at-art-basel-in-miami-30519.html
"Porsche’s new project in the field of digital art is realized by the Hamburg-based designer and 3D artist Patrick Vogel In his studio ALT/SHIFT, the former architect is creating an impressive visual language for various applications. For Porsche, he designs digital portraits that center around a white Porsche 911."

[zasad@]

https://www.investopedia.com/trump-s-big-announcement-nft-trading-cards-6892356
Donald Trump Releases NFTs of Himself As Superhero For $99
Former U.S. President Donald Trump announced the release of limited edition NFT trading cards featuring himself depicted as a superhero, a cowboy, an astronaut, and more. Many of the cards will be one-of-a-kind, while others will be limited to 20 or fewer, according to the website.

[masulum]

Donald Trump Releases NFTs of Himself As Superhero For $99
-snip-

Sorry bro, but now the sale is over, because the NFT offered already sold out, i think because there is no limit buy per users, and someone also guaranteed a Gala Dinner ticket if buying 45 pcs NFTs. But I don't have any information on where this NFT is available after distribution. Based on the FAQ, owners can re-sell his NFTs anywhere in the marketplace that supports Polygon Network.

You can check it here: https://collecttrumpcards.com/

[asyakashi]

I think the meme trend is not suitable for the long term because it usually explodes at the beginning of the release but growth continues to decline due to the lack of utility of the token or the token is just a meme community token. The best DeFi in my opinion is those who really manage their investments on websites with long-term investments and the best NFTs are those who have the utity in their applications.

[Maverick574]

NFTs will provide access or ownership to unique items. These digital assets can play a huge role in solving the issues in the insurance sector, reducing all forms of fraud. They will also allow creators and artists to own their content and data. I think NFTs will become a new trend on Blockchain platform and will be a replacement for outdated and worthless Defi projects.