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02/20/2022

Should I buy this crypto?
βœ…Does the project have provable network effects?βœ…
βœ…Or might it have future network effects? βœ…

πŸ“ˆThe former suggests higher allocation of risk budget, the latter, less. πŸ“ˆ
πŸ“ˆ and especially & have it all. Others - yet uncertain.πŸ“ˆ

02/19/2022

Hey Twitter World… Where is the future of NFTs heading?

02/19/2022

Nifty Gateway has facilitated the sale of some of the most popular digital artists such as Beeple and singer/musician Grimes. The NFTs, known as Nifties, are built on Ethereum.



Besides being a curated platform, Nifty Gateway also hosts any NFTs purchased -- meaning the NFTs aren't stored in your own wallet but are actually stored for you by Nifty Gateway and Gemini.



While that may not work for NFT collectors who want more flexibility with their art investments, Nifty purchases and sales also can be made in fiat currency (e.g., U.S. dollars) without making a cryptocurrency purchase first.

02/19/2022

is another large marketplace for all sorts of NFTs, similar to OpenSea. All kinds of art, videos, collectibles, and music can be bought, sold, or created on the platform.



However, unlike OpenSea, you'll need to use the marketplace's own token (CRYPTO:RARI) to buy and sell on the marketplace. is built on the Ethereum blockchain (although artwork can be managed on OpenSea as well using tokens).

The company has partnered with some notable companies. Yum! Brands' (NYSE:YUM) Taco Bell has listed art on , and cloud software giant Adobe (NASDAQ:ADBE) recently partnered with to help secure NFT artists' and creators' work.

02/19/2022

Labs is best known for the viral NFT project. They were originally given away for free back in 2017, but some have sold for millions of dollars since then.



Labs has other digital art projects going such as Autoglyphs, as well as other Ethereum blockchain-based app development projects.

Labs' NFTs are sold out, but they can be bid on and bought from various third-party marketplaces.

Nevertheless, Larva Labs' various projects are worth keeping tabs on -- including the Meebits, which can be bid on directly from the company's built-in marketplace.

02/19/2022

Marketplace is the online shop for the video game Axie Infinity. Axies are mythical creatures that can be bought and trained and then pitted against other players' to earn rewards.

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On Marketplace, players can buy new , as well as entire lands and other items, as NFTs for use within the game.

Infinity tokens (called Shards) are built on the Ethereum blockchain.

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02/19/2022

OpenSea is the leader in NFT sales. OpenSea has all sorts of digital assets available on its platform, and it's free to sign up and browse the extensive offerings.

It also supports artists and creators and has an easy-to-use process if you want to create your own NFT (known as "minting").

02/19/2022

Hey . Which NFT Marketplaces do you use. πŸ•΅οΈβ€β™‚οΈ

02/19/2022

NFTs became much more well known in 2020 and 2021. NFTs have potential for other use cases as well, such as companies tracking their internal resources or platforms verifying subscriptions and use.

02/18/2022

What are NFTs?
https://ndlions.netlify.app/

Nonfungible tokens, are verifiably unique representations of digital and physical goods. Each NFT generally differs in makeup, and therefore likely differs in value as well. πŸŽ“



The U.S. dollar is fungible in the physical world. If a person trades any given paper dollar for another paper dollar, no value is lost.πŸŽ“



In contrast, something like artwork is generally nonfungible. Although "The Persistence of Memory" and "Mona Lisa" are unique pieces of art, they do not have the same value.πŸŽ“



Based on distributed ledger technology, NFT crypto assets serve as a method of authentication for buyers of unique items, proving aspects such as ownership. πŸŽ“

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