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.
Topic: Everything you need to know about NFTs tokens - page 2. (Read 1463 times)
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
Source: https://support.opensea.io/hc/en-us/articles/4433163594643
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
Source: https://decrypt.co/93483/bored-ape-nft-lawsuit-opensea
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.
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.
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."
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."
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!
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.
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.
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.
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 tried to figure out the pricing.
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?
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.
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.
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."
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."
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.
"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.
It is really a shocking thing to me that we are talking about NFT's in the same sense that we are talking about art. I mean I get that it is similar but in the sense that we have seen a cryptopunks sold for 10+ million dollars, that is way too much and not what people assumed would happen. I am hoping that people do not lose too much money on these things, they are unique and not tokens or coins, so each of them has its own value.
In this case if that 10 million dollar thing was just a way to prop up the price of cryptopunks then whoever did it knew what he was doing and just getting some attention about it, this is why I wonder about the people who got in because of these huge numbers and spend some of their own money and if they actually could resell it at that price for the long term. Maybe the hype is alive right now and you can, but in 5 years time will they still worth this much?
In this case if that 10 million dollar thing was just a way to prop up the price of cryptopunks then whoever did it knew what he was doing and just getting some attention about it, this is why I wonder about the people who got in because of these huge numbers and spend some of their own money and if they actually could resell it at that price for the long term. Maybe the hype is alive right now and you can, but in 5 years time will they still worth this much?
I think this is the right time to launch everything that has to do with NFT, as I have seen in many articles they affirm that the year 2022 will be the year of the NFT, especially for games, and if we take into account that everything that they can convert to NFT is viable, this makes people interested in buying NFT and anything they read and say that it is an NFT will undoubtedly attract attention, what has impressed me is the house in Germany, plus $ 74k does not it is a very cheap figure for a property, unless the internal construction characteristics are of high quality.
https://decrypt.co/88041/cryptopunks-ip-complaints-punk4156-10m-ethereum-nft-sale
CryptoPunk Owner Explains Why IP Dispute Led to $10M Ethereum NFT Sale
"Discontent swirls around Larva Labs’ leading NFT avatar collection as one prominent holder bows out with an eight-figure sale.
Some CryptoPunks NFT holders are frustrated with Larva Labs over a lack of communication, licensing guidance, and community engagement.
One notable owner, Punk4156, sold his namesake CryptoPunk for over $10.25 million worth of ETH yesterday."
CryptoPunk Owner Explains Why IP Dispute Led to $10M Ethereum NFT Sale
"Discontent swirls around Larva Labs’ leading NFT avatar collection as one prominent holder bows out with an eight-figure sale.
Some CryptoPunks NFT holders are frustrated with Larva Labs over a lack of communication, licensing guidance, and community engagement.
One notable owner, Punk4156, sold his namesake CryptoPunk for over $10.25 million worth of ETH yesterday."
There are already many blockchains with low fees out there, but they are not as popular as the Ethereum ecosystem.
Whatever it is that they are, most of them are quite funny. I see some NFTs that are looking so funny, but the owners sell when they are very popular figures, you will see them being able to sell it at a high rate easily because there would be lots of people who would want to buy the NFT from them and the auction will keep going until they reach a really high number and it becomes owned by the highest bidder.Although I have seen quite a few of them that are really cool and I would say that they are worth that. Saw an artist once on Twitter that made really cool paintings and selling them as NFTs through Twitter. He never had much followings, but due to how good his work his, he was able to get retweets and lots of bidding on the artwork until he arrived at a high price.
The main question is, why are these NTF tokens so expensive?
I tried to figure out the pricing.
1. If you bought a token or was presented with it, then to sell it you only need to pay a commission for creating a new smart contract on the NFT token market.
2. If you want to create your own tokens and sell it or donate it, then I will write the approximate prices on the rarible project.
You will need to pay for several smart contracts that will create a collection, create a title for you, and so on.
For the first token, you will need to pay 0.6 ETH.
Further, the production of tokens will be cheaper.
Due to such a price for az, many bypass such projects, because at the moment not everyone can pay 0.6 Ether. If I'm not mistaken, there are now a couple of blockchains that already serve these tokens with a minimum gas price, for example, Radix? In general, I am now very surprised at this project, because the prices there are really cheap for gas.I tried to figure out the pricing.
1. If you bought a token or was presented with it, then to sell it you only need to pay a commission for creating a new smart contract on the NFT token market.
2. If you want to create your own tokens and sell it or donate it, then I will write the approximate prices on the rarible project.
You will need to pay for several smart contracts that will create a collection, create a title for you, and so on.
For the first token, you will need to pay 0.6 ETH.
Further, the production of tokens will be cheaper.
___
New trend NTF tokens
Sloika Raises $2M to Propel Rising Ethereum Photo NFT Market
https://decrypt.co/87244/sloika-raises-2m-propel-rising-ethereum-photo-nft-market
"Photography is a growing trend in the booming NFT scene, and Sloika aims to give it a dedicated space to shine."
The main question is, why are these NTF tokens so expensive?
I tried to figure out the pricing.
1. If you bought a token or was presented with it, then to sell it you only need to pay a commission for creating a new smart contract on the NFT token market.
2. If you want to create your own tokens and sell it or donate it, then I will write the approximate prices on the rarible project.
You will need to pay for several smart contracts that will create a collection, create a title for you, and so on.
For the first token, you will need to pay 0.6 ETH.
Further, the production of tokens will be cheaper.
Due to such a price for az, many bypass such projects, because at the moment not everyone can pay 0.6 Ether. If I'm not mistaken, there are now a couple of blockchains that already serve these tokens with a minimum gas price, for example, Radix? In general, I am now very surprised at this project, because the prices there are really cheap for gas. I tried to figure out the pricing.
1. If you bought a token or was presented with it, then to sell it you only need to pay a commission for creating a new smart contract on the NFT token market.
2. If you want to create your own tokens and sell it or donate it, then I will write the approximate prices on the rarible project.
You will need to pay for several smart contracts that will create a collection, create a title for you, and so on.
For the first token, you will need to pay 0.6 ETH.
Further, the production of tokens will be cheaper.
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