Topic: Everything you need to know about NFTs tokens - page 2. (Read 1553 times)

Warner Bros. is Creating 6 Million DC Comics Trading Cards With Redeemable NFTs
https://decrypt.co/94734/warner-bros-6-million-dc-comics-trading-cards-with-redeemable-nfts
The “hybrid” card packs will be priced from $5 to $120, with buyers using an app called Hro to access their physical cards' NFTs.

I have a feeling that for now most of NFT tokens are a promise. A lot of NFT that are about now have their token in the making for near future. I think we will see what will they bring to all space.

Everything still has to develop for now because of both NFT, Defi, and others because I believe that new concepts in the crypto space will now exist again so that the old ones really need better development in order to compete with the newer ones.

I have recently joined Bitcointalk and this is my first post. I recently started with NFTs. I looked through the posts in this thread and did not see anything mentioned on the authenticity of NFTs. I am experimenting with authenticity mechanisms and combined a mechanism of PGP digital signatures, blockchain technology, creator address and steganography. Inside the PNG file are more files, either videos, other pictures etc but also a text file with more authenticity mechanisms and hashes. I thought this necessary as I could not figure out how to create a digital signature of the NFT using the creator address only. I had to put a lot of technical information in the description that most people will not understand (and probably not care about) but what I would like to know is if this forum can understand it and can follow what I did. I know the PGP key ring servers are not working anymore so I used the blockchain instead for key validation.

Forget about the pictures and the ongoing listing, it will just end and be relisted again. I am interested to know if the technical persons here can follow what I did and if it works. I tested it 100 times and it works consistently but I will appreciate another test as well.

Yours faithfully

StegNFT

Link to pictures and technical information

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.

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

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

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."

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!

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.

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.

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."

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.

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?

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.