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Beware: 10 How Much Does It Cost To Mint An NFT Mistakes
Beware: 10 How Much Does It Cost To Mint An NFT Mistakes
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Buns you endow in NFTs

 

 

 

 

Ideate existence a dose dealer, a cloud political leader or someone else who has to launder prominent amounts of money. If you throw no root of finances you mightiness birth problems cashing tabu or be investigated. Solution: NFTs.

 

 

NFTs are perfective tense tools for money laundering

 

 

Reckon being a drug dealer, a sully politician or individual else World Health Organization has to launder big amounts of money. If you get no source of funds you might take problems cashing forbidden or be investigated. Solution: NFTs.

 

 

Make just about dullard pixelated NFTs, and order them for sales agreement. If individual wants to pay for 1 kg of cocaine, they bargain the 10 ETH NFT. If somebody wants a pistol, they bargain the 5 ETH NFT. If you deficiency to corrupt the topical anesthetic politicians, precisely steal ace of their NFT. This money transaction looks absolutely legal from the outdoor.

 

 

Mortal throne piss the Same NFTs link up to cute cats on the clearnet website, simply to cocaine, guns, and bribes on the onion plant variation. This agency you ingest a decentralised darknet commercialise operation in spare deal.

 

 

 

 

NFTs themselves are solitary good start to get under one's skin popular, and patch blockchain and cryptocurrency applied science bear been some for a while, they haven't been about that long, either. So, these technologies sexual climax to picture games is really a great deal a new, on-going affair. This means that how telecasting games shit habit of NFTs testament probable interchange and acquire.

 

 

What's an NFT (Non-fungible Token)?

 

 

1st off, a vocabulary quiz: Fungible, what does it tight? If you guessed 'replaceable' you'd be redress. So, something that's non-fungible is unequalled. Assume a trading card, ilk Pokemon, for deterrent example. A Pokemon carte du jour is unique, and if you traded your Pokemon carte du jour for a Wizard the Gathering card, you'd give birth a totally unlike thing.

 

 

However, if you receive a clam notice and patronage that dollar mark throwaway for some other one dollar bill bill, you've got the Lapp thing you had before. A non-fungible relic is plainly that: a digital, altogether unique point. This derriere be art, music, movies, videos, clips, and any diverseness of digital capacity.

 

 

Where this gets complicated is that first, comparable trading cards, NFTs posterior either be one-of-a-form or they put up be similar trading cards where a sure routine of an detail is made. Second, unlike trading cards, NFTs aren't the de facto item that's beingness bought.

 

 

This Crataegus laevigata phone confusing, simply it makes signified if you opine most it. For example, you might purchase a extremity art NFT, only this extremity artwork, as a file, Crataegus laevigata calm be wide approachable online, import anybody tin can enjoy looking for at the integer nontextual matter without compensable for it.

 

 

However, if you have the digital artwork's sessile NFT, you have the rights to that exceptional art. Though, it's significant to think that equal traditional artwork the factual artist, disregarding of if it's an NFT being sold, wish retain the copyright to that peculiar act and make rights to regurgitate it.

 

 

To a identical tangible extent, this muddies the amniotic fluid when it comes to the 'value' of owning something because on the cyberspace depicted object is everywhere and it's relieve. So, if completely you wish is to enjoy a particular proposition artwork, chances are you'll be able to explore it up and submit a feel. You simply won't ain it.

 

 

 

 

Journalists receive a job. NFTs merchandising for millions of dollars are newsworthy, and it’s the journalists piazza to account intelligence rather than qualification judgements, ilk whether or not it’s a nobble. But at the Lapp time, journalists are nerve-wracking to excuse things they don’t read. As an alternative of standing out-of-door the story, merely quoting sources, they cut-in themselves into the story, comme il faut advocates instead than reporters. They pot no thirster be trusted as an documentary observers.

 

 

Buttocks you commit in NFTs

 

 

Place » Security department Bloggers Electronic network » Journalists: point selling NFTs that you don’t understand

 

 

Journalists: bar selling NFTs that you don’t understand

 

 

The reason you don’t actually sympathize NFTs is because the journalists describing them to you don’t sympathise them, either. We tooshie realize that when they seek to sell an NFT as percentage of their stories (e.g. AP and NYTimes). They obtain authoritative inside information legal injury.

 

 

The latest is Intellect.com magazine publisher selling an NFT. As libertarians, you’d call back at to the lowest degree they’d have the subject inside information right on. Just they didn’t. Or else of marketing an NFT of the artwork, it’s equitable an NFT of a URL. The Universal resource locator points to OpenSea, which is known to transfer graphics from its place (so much as in reply to DMCA put-down requests).

 

 

If you purchase that Understanding.com NFT, what you’ll really flummox is a keepsake pointing to:

 

 

This is scarce the metadata, which in tour contains a connection to the claimed artwork:

 

 

If either OpenSea or Google removes the joined content, and then whatever link betwixt the NFT and the graphics disappears.

 

 

It doesn’t take to be this way of life. The right style to do NFT art is to head to a “hash” instead which unambiguously identifies the cultivate no matter of where it’s placed. That $69 zillion Beeple composition was done this redress path. It’s altogether decentralised. If the entire Net disappeared leave off for the Ethereum blockchain, that Beeple NFT would static run.

 

 

This is an doctrine of analogy for the entire blockchain, cryptocurrency, and Dapp ecosystem: the hoopla you get wind ignores subject area inside information. They hope an altogether decentralised saving restricted by math and code, quite than whatever human entities. In practice, nearly everything cheats, being fastened to human beings controlling things. In this case, the “Grounds.com NFT artwork” is below see to it of OpenSea and non the “owner” of the relic.

 

 

Journalists hold a problem. NFTs marketing for millions of dollars are newsworthy, and it’s the journalists grade to account news show kinda than fashioning judgements, same whether or not it’s a short-change. Just at the equivalent time, journalists are stressful to explicate things they don’t sympathise. Or else of standing external the story, plainly quoting sources, they insert themselves into the story, decorous advocates instead than reporters. They toilet no longer be sure as an object glass observers.

 

 

From a fake perspective, it whitethorn non topic that the Conclude.com NFT points to a Uniform resource locator instead of the promised artwork. The entire orient of the blockchain is caution vendee in action. Rules are conjectural to be governed by codification quite than companies, government, or the courts. In that location is no undoing of a dealings still if courts were to rules of order it, because it’s math.

 

 

Only from a journalistic period of view, this is of import. They failing at an guileless description of what really the NFT contains. They’ve convoluted themselves in the story, creating a battle of interest group. It’s at present knockout for them to spot stunned NFT scams when they themselves bear participated in something that, from a sure full stop of view, could be viewed as a swindle.

 

 

 

 

The hoopla surrounding Metaverse is already fashioning waves in the integer blank. In the Metaverse world, cryptocurrency and integer art, that is to say non-fungible tokens (NFT), are platitude. So many experts are already fashioning predictions of what it would expect same to browse in the Meta macrocosm. While the Metaverse technology lull remains on the lips of technical school fans, gambling platforms, and sociable media, the Mercobank team is currently in use sounding for novel shipway to crap money and the theory of marketing NFTs in the next.

 

 

Mercobank Considering NFTs and the Hereafter of Banking in the Metaverse

 

 

Stockholm, Sweden--(Newsfile Corp. - December 29, 2021) - Mercobank, ace of the world's ahead integer banks, has proclaimed the company's plans to record the non-fungible keepsake (NFT) market, patch also winning a ill-treat into the hereafter to regulate how the banking sphere volition assume the Metaverse. NFTs are tokens that seat be exploited to claim or play ownership in appendage items. Spell DeFi and NFTs present "the most innovation" in the crypto place right on now, it is non all the same adoptive by many companies.

 

 

No doubtfulness the humanity has witnessed substantial developments in whole aspects of our lives; the results hold continued to return new transformations in dissimilar sectors close to the ball to the highest degree specially the banking sphere.

 

 

Many of the transformations and developments get historically happened in the integer transmutation landscape painting. With the growing concern in Blockchain and cryptocurrency, the supply of creating a integer bearing and a integer asset has gained Major importance for both individuals and businesses.

 

 

With the growth of young innovational technologies "Metaverse" and its platforms, the demand for non-face-to-look environments will certainly be on the wage hike. Mercobank, organism an innovative bank, has begun putt strategies to spring up practical environments to enable its customers to access banking services online equal the rattling humans.

 

 

Speechmaking at a virtual media roundtable on Dec. 15, Mercobank CEO Ramon Vicente de Vera aforementioned that the banking concern has a "Keen Interest" in appendage artistic production. "We as innovative banks are always interested in moving with the transformative changes in the digital space, NFTs' and Metaverse will rapidly dominate the digital space and most top companies have started jumping on the NFT train."

 

 

"The Bank is currently working alongside a top company that is not affiliated with the government to pilot its digital asset custody service. So far the bank has evolved very well in the digital space amidst the challenges that came as a result of the pandemic. The company will be diving into the Metaverse trend because it will definitely change the way we live, the way we travel, the way we interact with one another," and that the fiscal sector, too, would be forever changed," he concluded.

 

 

Metaverse will flourish in the future?

 

 

The hype surrounding Metaverse is already making waves in the digital space. In the Metaverse world, cryptocurrency and digital art, namely non-fungible tokens (NFT), are commonplace. So many experts are already making predictions of what it would look like to shop in the Meta universe. While the Metaverse technology still remains on the lips of tech fans, gaming platforms, and social media, the Mercobank team is currently busy looking for new ways to make money and the possibility of selling NFTs in the future.

 

 

Metaverse has been tipped to grow in importance as a digital financial platform for banking and financial transactions, as well as personal and business interactions. In order to make this new environment as immersive and realistic as possible, managing finances and transactions effectively will be critical.

 

 

One differentiating factor for Mercobank is its ability to manage financial transactions similar to real life. In this virtual world, anyone can buy and sell houses, products, clothing, land, and avatars just like in the real world.

 

 

Mercobank is the perfect symbiosis of Technology, Blockchain, and Banking. The company is a leading digital bank with a mission to redefine finance for the new economy. The bank is building a pioneering technological bridge between the digital and traditional asset worlds.

 

 

The company orchestrates the entire account management process for our clients, while also providing excellent banking and investment solutions for clients. The company also provides the following services Long-Term Investment Time Horizon, Transparent and Open Research Ecosystem, Sole Focus on Disruptive Innovation, Experienced Investment Leadership and Real-time spending overview, Simple & Convenient, A Better Way to Save, Finance Planning, Stake and Share in One Account, Store Crypto-Currency Value, The Simplest Way to Invest in Crypto, Loans And Crypto Lending, Affiliates and partnerships, Agro Investments, and Investing in Real Estate

 

 

 

 

- Photography is a popular art form. There were 3.5 Billion smartphones in the world in 2020, and almost everyone takes pictures with them.

 

 

NFTs and Photography: All You Need to Know

 

 

 

 

In an increasingly digital world, NFTs are the latest cryptocurrencies to get all the attention. Highlighted by several record sales earlier this year, this new form of technology is in the spotlights. Behind this term is a feature that can make thousands, even millions of dollars.

 

 

As news travels fast, it didn't take long to intrigue the general public. NFTs quickly became popular.

 

 

So what are NFTs?

 

 

NFT is the abbreviation of "Non Fungible Token".

 

 

Non-fungible means it cannot be exchanged for something of similar value.

 

A token is a digital asset issued by a blockchain. And a blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system.

 

 

In other words, a NFT is nothing more than a unique and secured digital certificate/signature that can be attached to any object, physical or virtual.

 

 

Wikipedia explains: A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.

 

 

A cryptocurrency is a digital asset designed to work as a medium of exchange, it is virtual or digital money, which takes the form of tokens or 'coins.' But NFTs are different from other cryptocurrencies like bitcoins. Indeed, bitcoins are fungible, which means they are interchangeable and of the same value.

 

 

NFTs are non-fungible so each unit (token) is unique and cannot be reproduced. It means that we can trace the history of ownership, when or by whom it was purchased and of course who created it in the first place.

 

Transforming a digital good into a token (tokenizing), gives it a unique value. Each NFT has its own identity, but also its own authenticity and traceability.

 

 

NFTs and Photography

 

NFTs Can an NFT be a physical object be used for many things but what literally sparks the craziness behind these tokens is mostly digital art and collectibles. People started to understand that a unique digital object can have a significant monetary value, just like a work of art, because of its uniqueness. They offer a wide range of new possibilities in contemporary art for artists, buyers, and collectors alike.

 

 

The NFT marketplace facilitate transactions between all those interested in cryptoart but also in art in general. These online communities give artists the chance to create and sell digital artwork that might not have been noticed otherwise.

 

 

With respect to photography, you have the ability to tokenize a photograph and whoever owns this token owns this specific photograph. People can look at it and take pictures of it for example but there is only one owner.

 

The buyer of an NFT corresponding to a digital work of art has in his possession only the certificate, issued by the creator of this work, certifying that he is the buyer. The work in question Can you lose money on NFTs perfectly remain freely accessible online, even recorded and shared by millions of Internet users (like a simple .jpg image).

 

 

To give you an example, let's talk about Vivian Maier.

 

Vivian Maier is the author of the images, the photographer, but the films are the ownership of John Maloof who bought them at auction. Each image is unique. It comes from a specific roll with a number, for example Kodak Tri-X 8667073. Each image is different on a roll, so if you possess or develop the image number 5, it is different from the image number 6. Each roll, each image is different, it is unique. But anyone can see the work of Vivian Maier in exhibitions, books and of course on the internet. But the owner is still John Maloof.

 

 

By offering creators to put a virtual signature on their digital works, NFTs work like a certificate of authenticity since a work sold in the form of NFT cannot be a counterfeit. For photographers, each image becomes unique like a specific image number on a roll of film. Yet, if the photographer is the author/creator, the person who buys the NFT become the owner of the work, that he can resale as he wishes. A digital image or even a print from a film can be duplicated but if it is a limited/numbered edition or in the case of the NFT, unique, then it can take considerable value.

 

 

Another interesting feature this system allows, is that photographers can attach royalty agreements to their NFTs. It entitles them to a percentage of the profits made every time ownership of the asset is transferred, in other words the NFT is sold to someone else.

 

 

Why NFTs and Photographs work well together

 

- Nowadays most photographs are digital or are scanned and become digital.

 

 

- Photography is most of the time in 2D, meaning flat, so it is easy to reproduce on screens.

 

 

- The quality of screens and tools that showcase photographs online are getting better and give you an accurate representation of the work, while it wasn't the case before and it was preferable to see a print to really appreciate the quality of a photograph.

 

 

- Tokenization of art on the blockchain is the same as the term editions in photography. It can be open or limited. Physically Rare vs. Digitally Rare. So NFTs allow photographers to decide what edition they want for their work and the buyer to know exactly what is out there. There is a real traceability.

 

 

- Photography is a popular art form. There were 3.5 Billion smartphones in the world in 2020, and almost everyone takes pictures with them.

 

 

- Social Media platforms showcase a huge amount of digital photographs. So people are familiar with seeing photographs on screens.

 

 

The value of an NFT

 

In a way, many NFTs are just a digital image. A simple right click saves it on your computer. So what is the value of a NFT you might ask? The value of tokenized cryptoart is found in the exclusivity of ownership. While buyers may not hold the copyright of the cryptoart they purchase, they do receive the guarantee of authenticity that comes with owning it. So, collectors rely on the value of rarity or popularity of an artist when investing into such a speculative market.

 

 

The industry is changing rapidly, week after week. But the record for the most expensive NFT ever sold until now still goes to American artist Beeple (Mike Winkelmann). His digital collage, 'Everyday: the First 5.000 Days', an assemblage of drawings and animations produced daily for 5,000 days in a row, found a buyer for $69.3 million at Christies.

 

 

In fact, the success of these NFTs sometimes comes as a surprise to their own salespeople. A reporter for the New York Times was recently particularly surprised by the enthusiasm generated by the sale, under NFT, of one of the articles in his newspaper. "Make an offer, and you could own the first NFT of this newspaper with 170 years of history", he initially launched on Twitter, without really believing it. Final sale amount: $ 560,000.

 

 

How does it work?

 

NFTs mostly depend on the platform where they are created.

 

 

If you want to buy an NFT you will need a currency for whatever blockchain that NFT lives on, so it depends where you buy it and what cryptocurrency this platform uses.

 

 

Not all NFT coins are worth millions of dollars, far from it! There are many ways to enter this fascinating market for as little as a few dollars. A brief overview of some options. Just a FYI, they are just for your reference, we don't endorse any of them since we have never used them.

 

 

Any Internet user can create an NFT. To do this, you have to go through one of the specialized platforms, see above, on which to download the file which will become an NFT. To carry out the operation, you have to pay fees, often less than $ 30 per file.

 

This commission is to be paid in cryptocurrency, most often Ether, one of the most used with bitcoin. The creator of the NFT can then sell it on these same platforms. He may also set, in advance, the percentage he will receive on all possible resales of this file by other Internet users.

 

 

If you are worried about cryptocurrencies, the platform Bitski, allows you to sell NFTs with your bank account, and people can also purchase those NFTs with their credit card.

 

 

Why are NFTs popular now?

 

The NFT market benefits from an absolutely exceptional combination of circumstances:

 

Record Sales

 

The crypto market is reaching new highs, which has made many "early investors" rich. There are over 94,000 BTC wallets that hold the equivalent or more than $1M. Some of their profits go back into the crypto art. Where the "ancient" millionaires bought old masters paintings, the new ones buy CryptoPunks. (CryptoPunks are 24x24 pixel art images inspired by the London punk scene, released in June 2017 as one of the first non-fungible token on the Ethereum blockchain.)

 

it also gives ideas to artists who can dream of selling their work for $69.3 million!

 

 

Artists win

 

The internet makes it possible to avoid brokers. Art is one of the last niches where physical sales remain predominant and a significant portion of the income generated go into the pockets of intermediaries. Now all you need is a cryptoccurency wallet to start selling your art directly on platforms. In addition, the NFTs solve the problems of counterfeiting which afflict the art world.

 

 

COVID-19 reinvented the way we buy and sell art

 

COVID 19 is forcing auction houses and galleries to reinvent themselves: they now offer NFTs to their customers (Like Christies in the example of Beeple). In 2017, the NFT attracted only crypto millionaires. In 2021, traditional collectors came on board. Nonetheless, the very nature (decentralized and online) of the NFT might jeopardize the future of some galleries.

 

 

Legal Void

 

NFTs benefit from legal vagueness: Bitcoin was created in direct response to central banks flooding financial markets with liquidity. In order to maintain their monopoly on issuing currency, central banks will do everything to try to slow the progress of Bitcoin and other fungible cryptos.

 

NFT art stands apart, it does not challenge the dominance of the dollar or the euro. It is a more secure (and tax neutral) way to "cash out" your earnings while taking advantage of an ecosystem with a high potential.

 

The crypto currency taxation around NFTs is blurry to say the least!

 

 

NFTs challenge the norms of contemporary art with an approach to creative expression that is entirely digital and certified, it is therefore pushing the art world into a new territory.

 

 

Should you invest?

 

This booming market is arousing the appetite of many investors. In 2020, more than $ 250 million were traded on the NFT market, compared to $ 63 million in 2019, reveals a recent report from Atelier BNP Paribas. The valuation of this market itself jumped 138% between 2019 and 2020, reaching $ 338 million.

 

 

The arrival on this market of artists, sports personalities or influencers well known to the general public opens new financial perspectives. (Snoop Dogg, Kate Moss, Tony Hawk, Lindsay Lohan, Grimes. )

 

 

The Impact of NFTs in the future

 

The emergence of NFTs is real, it is a trend that, according to some experts, will profoundly change the art and collectibles market. The physical possession of an object is already less and less important. Some collectors buy art to then store them in a Free Zone or a safe.

 

 

What matters is ownership, whether it's digital or not doesn't matter. Art is sometimes just a financial product in a portfolio. The same goes for NFTs. Anyone can take a screenshot of your NFT purchase, but only one person has it: you.

 

 

Attempts have been made to connect NFTs to real physical objects. Nike launched CryptoKicks for his shoes, When a person purchases a pair of CryptoKicks, they also receive a digital asset attached to the unique identifier of that pair of shoes.

 

The British band "Kings of Leon's" new album was released as a NFT and generated $ 2 million in sales.

 

 

But it also opens new doors for artists who can sell shares of their works and thereafter receive income when their work are sold.

 

 

Buyers could also be interested in owning a share of an artwork they couldn't otherwise afford or as a speculative investment.

 

Imagine that the buyer of the most expensive photograph ever sold "The Phantom by Peter Lik", wants to get back part of his $6.5 million investment. He could decide to keep the print in his living room but to sell a fraction of his ownership. Anyone could then buy a fraction/share of the print at a certain value and if the print is sold again, earn part of the profits depending on the amount/value of the shares he has.

 

 

In 2018, Kevin Abosch, put his photograph Forever Rose on the NFT market. But no physical photograph was ever sold. He created a token called "Forever Rose" and that token represented his photograph. He decided to divide it in 10 shares, So 10 people could own a fraction of the original token. And he raised $1 million dollars, that he then gave to charity.

 

 

NFTs are consequently changing the way modern artists can earn a living.

 

 

 

 

 

Forever Rose © Kevin Abosch

 

 

What can I sell as NFT are the Risks?

 

Some people think that cryptocurrency is ' just a speculative bubble in the making' and that it might crash at any time.

 

 

NFTs are digital copies of original works, and the original creator will ultimately always have control over How much is the gas fee to mint an NFT their work is licensed but as we saw earlier there is a legal void and photographers should be wary of what they sell and specify who keeps the copyright. Different marketplaces can have different rules. Read them carefully

 

 

Also if someone creates a NFTs with a work they didn’t personally create, it brings up a lot of issues that are not resolved yet.

 

 

As a buyer, you should make sure that you invest sums that you can afford to lose as you never know what the market is going to be like when you want/have to sell. Like bitcoins, the price of cryptocurrency takes into account several other parameters that affect the economy.

 

 

Cryptocurrency thefts have happened in the past, which means that the security they offer depends on the marketplace who holds them. So don't buy/sell anywhere. Make sure the platform you want to use is legit and secure!

 

 

 

 

Furthermore, not only is THE TROLLER the first competition NFT marketplace with tournament-style gaming but it is dedicated to themed troll and meme NFTs, bringing talented NFT artists to compete in order to create the best NFT Troll /Meme for the chosen Guest and win prizes for the top winners.

 

 

THE TROLLER: Revolutionizing the World of NFTs in Bringing the First Vote & Earn NFT Competition

 

 

Dubai, United Arab Emirates--(Newsfile Corp. - December 3, 2021) - THE TROLLER offers the most complete ecosystem combining artists, NFTs, competition, fun, sponsors, NFT collectors, blockchain ecommerce & rewards for all.

 

 

 

 

Figure 1: THE TROLLER revolutionizing the world of NFTs in bringing the First Vote & Earn NFT Competition

 

 

The full ecosystem makes THE TROLLER attractive and promising. After a lot of noises in the market, THE TROLLER gained respect and attention through all of its activities, namely attending various prestigious events around the world to present the project, winning awards, holding daily AMAs, engaging constantly in daily video chats round the clock, keeping the community platform buzzing 24/7, signing many partnerships, launching the biggest Twitter & YouTube campaign in NFT and many more.

 

 

Over and above all of this, one of the products within the ecosystem which gained a lot of attention is THE TROLLER First Vote & Earn NFT Competition, where all NFT Artists can compete to win big awards via the community voting system that will allow users to make passive income just from voting on their preferred NFTs.

 

 

THE TROLLER is the first bridge between big brands and NFT artists/community via the exclusive sponsored events. A very first in NFT.

 

 

So, instead of brands making an NFT with a single artist and that's it, there is a full month event organized with all THE TROLLER registered artists competing through multiple selection rounds voted by the NFT community, in order to create the top three NFT works of art for that particular brand. In addition to the revolutionary ecommerce platform, THE TROLLER will be metamorphosing NFT artists into famous brands. There will be the same NFTs printed on t-shirts with RFID chips (Radio Frequency Identification) that can be verified through the blockchain. Users can buy a t-shirt designed & signed by an NFT artist with a digital identity to check the authenticity of the product.

 

 

 

 

 Figure 2: THE TROLLER revolutionizing the world of NFTs in bringing the First Vote & Earn NFT Competition

 

 

For the first Vote & Earn NFT Competition, the artists prizes include:

 

 

1 st prize - 1 Bitcoin

 

2 nd prize - $10,000

 

3 rd prize - $5,000

 

 

The competition starts early December 2021. 

 

 

THE TROLLER, an awesome ecosystem

 

 

THE TROLLER's awesome ecosystem combining artists, NFTs, competition, championship, fun, entertainment, NFT collectors and rewards, is a very first and an amazing fit.

 

 

Furthermore, not only is THE TROLLER the first competition NFT marketplace with tournament-style gaming but it is dedicated to themed troll and meme NFTs, bringing talented NFT artists to compete in order to create the best NFT Troll /Meme for the chosen Guest and win prizes for the top winners.

 

 

How does it work?

 

 

     

     

    THE TROLLER himself is the first guest & the Community will vote for the upcoming guests.

 

 

What is the Competition Flow over 1 Month?

 

 

1. Receive NFT Applications - 2 weeks

 

2. NFTs Pre-Selections (Top Voted) - 1 week

 

3. First Round Top 100 (1-vs-1) - 24hrs

 

4. Second Round Top 50 (1-vs-1) - 24hrs

 

5. Semi-Final Top 25 (Top Voted) - 24hrs

 

6. Final Top 10 (Top Voted) - 24hrs

 

7. Announce Top 3 Winners

 

8. The TROLLER Museum opening

 

9. Sales 24hrs Early Access (The TROLLER NFT Holders)

 

10. Open NFT trading for all

 

 

Join THE TROLLER Community today:

 

 

Media Contact

 

 

Company Name: The TROLLER Art

 

Email Id: yassine@thetrollerart.com

 

Company Website: https://www.thetrollerart.com/

 

 

 

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106443

 

 

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12 of the Biggest NFT Marketplaces

 

 

Non-fungible tokens (NFTs) have been around for a few years now, but 2021 was the year they exploded into the public consciousness. Here are the some of the most popular NFT Marketplaces currently available,

 

 

 

12 of the Biggest NFT Marketplaces

 

 

 

1. OpenSea

 

2. Axie Marketplace

 

3. NBA Top Shot Marketplace

 

4. Rarible

 

5. SuperRare

 

6. KnownOrigin

 

7. Foundation

 

8. MakersPlace

 

9. Nifty Gateway

 

10. Binance NFT Marketplace

 

11. OpenSea

 

12. Solanart

 

 

 

As the world is turning over to NFTs, more entrepreneurs are seeing this as an opportunity to enter into the crypto world. Everyone is capitalizing on this opportunity by building their own NFTs or NFT Marketplaces. It is possible to develop your own NFT Marketplace on various blockchain platforms by partnering with the right NFT Marketplace Development services provider and generating huge revenues.

 

 

 

 

How much is the most expensive NFT Do you own the rights to an NFT I buy NFTs on HoDooi.com?

 

 

Tyson Fury NFTs, what are they and how do I buy them?

 

 

 

 

Tyson Fury further expands his presence by entering the NFT space, offering his fans and the NFT community the opportunity to access his NFT collection, in Part 1 collectible series of NFTs ranging from Diamond, Platinum, Gold, Silver, and Bronze. Part 2 allows the user to buy the "Lineal by Tyson Fury" unique piece which comes with a signed 5-foot by 5-foot painting of the NFT, signed boxing glove, and a video from the Gypsy King himself.

 

 

 

 

So, what is an NFT?

 

 

"Non-fungible" in s imple terms means that it is unique and cannot be replaced with something else. For example, bitcoin and other cryptocurrencies are fungible — you can trade one for another, and you’ll have exactly the same thing. A one-of-a-kind Tyson Fury 5/5 collectible, however, is non-fungible. If you traded it for a different collectible, you’d have something completely different.

 

 

How do NFTs work?

 

 

NFTs are part of multiple blockchains, HoDooi.com operates a multi-chain system and we launched on the Binance Smart Chain but will soon be announcing futures plans for exactly which chains we will be integrating. BNB and USDT are our current cryptocurrencies for methods of payment, soon to be integrating HOD and other payment options.

 

 

NFTs provide the user with complete ownership of the asset they purchase, allowing them to store it in their profile, show it to friends or even re-sell it for a higher price.

 

 

What is a blockchain?

 

 

A blockchain is a type of database. You can delete, amend or replace a cell or table in a spreadsheet but you can’t alter the information on a blockchain. You can instead put additional information on another block, and add them together, forming a chain. New information leads to new blocks and a larger chain.

 

 

Because information is added rather than altered, it forms an irreversible history of data, meaning ownership is something that can’t be changed in the database, only tracked. HoDooi.com is currently operating on the Binance Smart Chain but we will be integrating multiple blockchains over time.

 

 

How Do you own an NFT I buy NFTs on HoDooi.com?

 

 

Users can purchase NFTs in two different ways;

 

 

Buy Now – you can purchase NFTs immediately with the Buy Now function.

 

 

Auction – You can bid on items as you would on eBay or other internet auctions sites/apps during the auction process until the end of the auction.

 

 

The Tyson Fury NFT Collection comes in two parts, with the Lineal by Tyson Fury being an auction and the collectible NFTs offering a Buy Now option. You can only purchase these NFTs on HoDooi.com.

 

 

How will bidding on HoDooi.com work?

 

 

You can bid on the Lineal by Tyson Fury as you would with any other platform such as eBay, we currently allow payments in BNB or USDT (BEP-20), you can also bid on other NFTs when the creator lists it as an auction, with the two options for listing being Buy Now and Auction.

 

 

 

 

“Each Digit will also be tied to the player names of all its previous and current owners… bringing you fame for years to come!”

 

 

You bought horse armor. You bought loot crates. You’ll buy in-game NFTs.

 

 

 

 

The gold rush for gaming Non-fungible Tokens (NFT) is on! Ubisoft is the first big-name publisher dipping into the “investment” fad by introducing Ubisoft Quartz. Think of it as a way to make your digital in-game doodads, (now called “Digits” because everything needs a brand name) artificially scarce by adding unique serial numbers to them. Ghost Recon Breakpoint will be the first to get them and players can get the first three for free by logging into their Ubisoft Connect accounts and connecting a compatible Crypto Wallet now.

 

 

The announcement video is light on details, but the point that Ubisoft is pushing as the upside to this glorious future is the ability to resell your Digits to other players, as long as you’re willing to share the chain of ownership.

 

 

“Each Digit will also be tied to the player names of all its previous and current owners… bringing you fame for years to come!”

 

 

I look forward to the day when others can buy my in-game Rabbids underwear for their Assassin’s Creed character and forever know that I wore it before them.

 

 

 

 

According to him,

 

 

Things to watch out for when investing in NFTs

 

 

Advising investors on the traits they should look out for while investing in NFTs, Bale said he considers three characteristics before putting his money into any project. These are the project’s utility, community, and love for the art.

 

 

Explaining How do NFT creators make money NFTs can be used with consumer goods, Bale said NFT.NYC ran a trial that saw it give away 1,000 caps with NFC tags that users could scan with their smartphones. By scanning the tag, the cap owners got an NFT registered to the product. Anyone that scanned the tag after the first scan got a notification that whoever scanned the item first was the product’s owner.

 

 

According to him,

 

 

I think that’s an excellent example because you can verify the authenticity of the physical product by confirming that the official brand minted the attached NFT. Another one for consumer products is coupons. Of course, digital coupons have been around forever, but using NFTs as the store of value of coupons makes them tradable and composable.

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