9 Matching Annotations
  1. Apr 2021
    1. NFT Marketplace Development: What is it and How Much Does It Cost?

      Non-fungible tokens became a hot topic among digital art fans. Given that, building an NFT marketplace that caters to the needs of this specific audience seems a lucrative idea.

      Check our fresh article to learn how to create a NFT marketplace that your users will love:

      https://www.codica.com/blog/how-to-create-nft-marketplace/

    1. NFT is a unique digital item to have demonstrable ownership. Usually, it is used for digital art. Ethereum-powered projects like SuperRare are harnessing the power of blockchain to create digital art that has digital scarcity and true ownership, thus creating a whole new market for artists and collectors in the digital space. Built on NEAR, Paras: Digital Art Card is an NFT marketplace that is already available for use. It offers much cheaper NFT mining fees than are possible on Ethereum, allowing artists to create without being limited by high on-chain fees. In this article, we are going to discuss NFTs, the ways of creating, selling, and buying. And will give you a step-by-step guide on how to develop an NFT marketplace from scratch with a detailed estimate.
  2. Mar 2021
    1. The NFT grift works like this: Tell artists there’s a gusher of free money! They need to buy into crypto to get the gusher of free money. They become crypto advocates, and make excuses for proof-of-work and so on. A few artists really are making life-changing money from this! You probably won’t be one of them.

      This is the structure of so many confidence games.

    1. The GIF Ms. Jin sold, created by her childhood friend, an artist named Annie Zhao, is an example of something called a nonfungible token. NFTs are essentially digital collectible items (GIFs, images, memes, games, code, videos, artwork, music, games, even text) that people can buy, sell and trade. Almost any piece of digital content can be made into an NFT and have its public documentation of ownership recorded on the blockchain. Some of the ideas behind NFTs — documentation of ownership and chain of custody, scarcity, trading, valuations and speculation — are as old as markets. The innovation is the decentralization, which in turn means you can take NFTs anywhere. No one platform or middleman controls them.
    1. Katz points out this is an “extreme example to prove a point.” YellowHeart wants to show people how much control can be put into the ticket with smart contracts. Going forward, he says this same tech can be used for general tickets, which could be a huge advancement in the secondary market. Every time an NFT is resold, a percentage of money earned could go to the artist — or whoever is included in the contract, perhaps even a charity. (In such instances, YellowHeart can also set a maximum price that the NFT can be resold at, eradicating scalpers.)

      Dit is volgens mij een killer feature van NFT's in muziek. De rest is leuk maar dit is superinteressant

  3. Feb 2021