We’ll start our introduction with a simple analogy of Bitcoin blocks and building blocks. When you hear the word block, you immediately think of some sort of building blocks like Lego or Playmobil. The truth is, the concept of Bitcoin blocks is not that far from this analogy. Cryptographically speaking, Bitcoin blocks contain the data …
As a young, disruptive niche, blockchain and cryptocurrency trends are constantly dynamic, with different changes and improvements now and then. A recent innovation gaining unending popularity from investors is the non-fungible token. Non-fungible tokens, also known as NFTs, are digital assets that symbolize owning digital art. While NFTs are relatively new in the crypto and …
Because non-fungible tokens (NFT) are making waves in the crypto world, experts think other cryptocurrencies, like Ethereum (ETH) or Bitcoin (BTC), will increase in value. Will Ethereum go up because of NFTs? When talking about Ethereum and NFT relationship, it is difficult to say so. However, because they both exist in the same ecosystem, it …
Will Ethereum Go Up Because of the NFT Industry? Read More »
Have you ever wondered how NFT marketplaces make money? Whether you have been considering setting up your own NFT marketplace yourself or are simply curious about how other platforms earn a profit, you’ve come to the right place. But as for a short answer on how does NFT marketplace make money, NFT marketplaces earn money …
NFTs are blockchain credentials that give the holder ownership of a digital art piece. A report from Reuters showed global NFT sales volume reaching $2.5 billion in the first half of 2021. With numbers like this, there’s no doubt about it – NFTs are gaining worldwide popularity, with many investors buying and holding collectibles for the long …
NFT tokens have been around for a few years already, but they’re only gaining widespread popularity recently. However, just what is an NFT token? What is an NFT art? And why does NFT have value? If it’s just digital art that you can easily replicate and distribute, why would anyone pay for an NFT, and …
In recent years blockchain news has gained a lot of popularity. Information such as Nyan cat being sold as a single unit or Grimes receiving millions of dollars from NFT are all over. Also, Twitter founder Jack Dorsey putting an autographed first tweet for sale as an NFT has been trending. You might now be wondering what an NFT is and …
NFTs or non-fungible tokens are a growing trend in cryptocurrency. Since its beginning in 2014, NFTs have gradually grown in popularity to become one of the most common types of blockchain investments. NFTs have grown in demand due to a wide range of rare and collectible digital art from famous artists such as Mike Winkelmann (Beeple) and Grimes. …
NFTs (non-fungible tokens) have quickly become all the rage in art and cryptocurrency circles. The industry has created a new industry and is making millionaires out of digital artists. With NFT sales reaching millions, like Beeple’s $69 million sales to 8-bit Cryptopunks selling for over $11 million, artists and investors are flocking to NFT marketplaces. …
So you’re ready to dip your toes in the world of NFTs! The first thing you need to know if you want own NFTs is how to purchase NFT. While buying one of these isn’t super hard, a few of the steps could be considered tricky if this is also the first time you’re dealing …
The world of the internet is an ever-changing landscape. Recently, the concept of NFTs (or non-fungible tokens) has hit the mainstream in a sort of NFT craze. You might be wondering how you can get into this market yourself. Maybe you have a popular meme on your hands. Perhaps your grandfather gave you a valuable …
Every four years something out of the ordinary happens in the crypto universe, a tradition-like occurrence that keeps crypto traders on the edge of their seats. This special event is known as the Bitcoin halving (or halvening) and, as you will soon see, there have only been three Bitcoin halvings to date. If you want …
