Advance Market Analytics published a new research publication on“  Global Crypto Crisps   Market Insights, to 2028 </strong

Crypto Crisps Market Expectation Surges With Rising Demand And Changing Trends Themarketpublicist

Metallicus, the core developer behind Metal Blockchain, and Rarible - a leading cross-chain NFT marketplace, jointly announced a strategic partnership to explore the development of compliant digital ownership solutions for the banking and

Rarible and Metal Blockchain to Explore BSA-Compliant NFT Solutions for Banks and Fintechs

Fact checked by Suzanne KvilhaugReviewed by David Kindness Non-fungible tokens (NFTs) are digital assets encrypted on a blockchain with unique codes that differentiate one from another, giving the purchaser specific rights.

How to Buy and Sell NFTs: The Ultimate Guide

Fried's defense team have asked Judge Lewis Kaplan to let them introduce proof of "inconsistent statements" from former FTX executives – and prosecution witnesses – Gary Wang and Nishad Singh. The defense team zeroed in on what Wang and Singh said about stablecoin conversions and the "allow negative" feature that let Bankman-Fried's Alameda Research borrow essentially unlimited money from FTX.

Sam Bankman-Fried's Defense Wants to Highlight 'Inconsistent Statements' by FTX Insiders Gary Wang, Nishad Singh

The Financial Conduct Authority has blocked Binance's chosen ad approver and added 221 firms to its warnings list since a new crypto marketing regime took effect on Oct. 8.

UK Regulator Warns Crypto Firms of 'Hard to Read' Risk Warnings

OKX Web3 announces a partnership with Astar Network to help over a billion users leverage the capabilities of Web3, irrespective of their location.

OKX Web3 and Astar Network join hands

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories of the day, including bitcoin's (BTC) recent pop and what it means for MicroStrategy's (MSTR) crypto holdings. Coinbase is getting ready to make its final case on Tuesday that a judge should toss the SEC's unregistered securities dispute.

Bitcoin Eyes $31K; Coinbase Set to Make Final Pitch in Bid to Kill SEC Case

Advancing the Adoption of NFTs and Blockchain Technology in the Real-World Financial Sector via Collaborative Development of Compliant SolutionsSAN FRANCISCO, CA / ACCESSWIRE / October 30, 2023 / Meta

Metallicus: Rarible and Metal Blockchain to Explore BSA-Compliant NFT Solutions for Banks and Fintechs

It offers a one-stop-shop solution for acquiring animated videos and still images as crypto collectibles, available on popular marketplaces like OpenSea, Rarible, and Mintable. The technology of ...

Reimagining Art in the Digital Era: A Response to the NYT Article by Jason Farago.

Rarible has maintained a highly adaptable ability for asset-minting. Its user interface is simple and interactive. Additionally, it promotes decentralization given that it’s a community-driven ...

Comparing NFT Marketplace for Artists

Rarible

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Dear Bankless Nation, At this year’s Devcon event, Ethereum Foundation executive director Aya Miyaguchi gave a talk on the EF’s . philosophy of subtraction This entails to avoid the “natural tendency of organizations to grow and accumulate power.” It’s all about fostering a strong decentralized Ethereum community that can thrive with or without the EF. subtracting power Interestingly, this week in the NFT ecosystem we saw this philosophy similarly embraced by as the decentralized collective announced plans to wind down its centralized Discord server for good: Nouns DAO Why? To no longer have a single centralized “official” venue where Nouns communications happen. Instead there will bloom many and from that a stronger, more decentralized Nouns ecosystem. community venues There’s been plenty of debate about the decision. But in my opinion Nouns DAO continues to be among the most important projects in NFTs because of its willingness to make these sorts of moves. In other words, the group boldly pushes out opportunities rather than safely consolidating power, and I think that’s special. Sometimes subtraction addition. is All that said, thanks for reading everyone. Now let’s get you caught up on on the other big NFT happenings from this week ✌️ -WM 📣 General NFT News introduced (PBT), an open-source token standard for tying . Azuki Physical Backed Tokens physical items to digital tokens , a marketplace aggregator for NFT power users, launched to everyone and unveiled $BLUR airdrop plans: Blur is running an through the rest of today. Quix L2 NFT bridging contest unveiled its , which provides aggregated listings, bespoke collection marketplaces, revamped $RARI rewards, and more. Rarible 2.0 platform is working on for Nounlets releases. Tessera new features 🏆 Digital Collectibles Founder Cat #21 resold for 60Ξ ETH this week: CryptoKitties , which are Polygon-based NFTs, now have . Reddit Collectible Avatars ~3M holders released a digital collectibles series based on the first film: Warner Bros. Lord of the Rings 🎨 Cryptoart presented artists Aaron Penne and Boreta with the 2022 NFT Award for their series: The Lumen Prize Rituals - Venice added support for via Async Art. SuperRare more Blueprints collections 🎮 Decentralized Gaming unveiled a Halloween Bonus AXS Leaderboard Rewards campaign: Axie Infinity is launching an NFT-based . Sorare NBA fantasy sports game 💽 Music NFTs published upon its first birthday. Arpeggi A Year in Review sold out his drop on sound.xyz. PROBCAUSE Space and Time 🌐 Virtual Worlds announced the details of the . Decentraland 2022 Decentraland Metaverse Music Festival announced , a fully onchain 3D voxel world: Optimism + Lattice OPCraft 💎 DeFi x NFTs has reached +40,000Ξ in sudoswap total trading volum Action steps 👋 Read in What you missed at Devcon Bankless 📺 Watch on The future is fiat | interview with Noah Smith Bankless 🌱 Watch on Web3 social with Stani Kulechov Green Pill 🙇 Catch up on my other write-ups from this week: ✧ A sneak peek of Blur ✧ The Reddit NFT surge ✧ The Essential Guide to DeFi on Bitcoin First published . here

The Nounish Philosophy of Subtraction 🧮

If you are not aware of by now, then we suggest that you take a look at your Wi-Fi connection or go online and check what is trending. Because the truth is that NFTs have literally broken the Internet for the past few months. NFTs (Non-Fungible Tokens) Everyone who is on the Internet from TikTok, BBC News, and CNN News to Twitter, Facebook, Instagram, and Pinterest has been talking about NFTs and even giving lectures on how to make it big on the platform. However, if you are still as confused as ever regarding how and if NFTs actually work, how big they are, and if you can make something out of them, it is okay! Plus, it is still a risky platform to experiment with, so it is normal for people to question about it. But if you have the curiosity to know how you can become an NFT artist and make it big on the platform, we are here to solve all of your confusion. Here is how you can and fulfil your dreams to live a good life! become an NFT artist How Can You Become an NFT Artist? 1. Find the Right Marketplace You need to know the right marketplace to buy and sell your NFT art. The right platform can give you access to a wide audience to buy, sell, and trade NFT art. , and are good options. If you are looking to build your own NFT marketplace, this is how much s. Rarible, Verisart OpenSea NFT marketplace development cost 2. Know How to Market Yourself Don't just depend on marketplaces, leverage the power of platforms to market yourself properly to build your reputation properly, engage potential collectors, and increase the chances of your art getting discovered. It's not all about minting. social media 3. Build Connections The NFT art market is driven by other artists, so connecting with others is going to help you big time. Regularly share other creators' content and they will start reciprocating the action, thus helping you get discovered as an NFT artist. 4. Choose the Right Blockchain Even though is a clear winner when it comes to NFT artists because it offers a smooth experience. Don’t forget that you've got a lot of other options, including , , , , , , , , and others. Ethereum Polygon Solana Cardano Tezos Wax Flow Bitcoin cash Klaytn 5. Create Your Crypto Wallet You will be needing your crypto wallet to create NFT art, sell it, hold it, and transfer it to others. There are many options but the most common one is called . You can find its extension on Chrome. MetaMask 6. Choose the Right Currency or Tokens to Store in Your Crypto Wallet Once your crypto wallet is all set up, the next step is to fill it up with the cryptocurrency that is compatible with the blockchain you chose. For example, if your choice was Polygon, you'll need tokens and if your choice was Ethereum, you’ll need . MATIC ETH 7. Decide On Your Prices Once, you have your NFT art ready to be seen by the public, it is time for you to decide your selling price. This decision depends entirely on you and how much you want to sell your artwork for. Do some competitor analysis and see what everyone else is charging for their art. That will help you decide the price. Since this will be your first NFT, it is better not to demand a high fee. 8.  Sell Your NFT And it is show time!!! You have gone through every possible step and now it's time for you to put your NFT art up for sale. Normally platforms like OpenSea offer guidelines on how to put your NFT art up for sale. Once, you have chosen your ideal approach, set the duration, and click on Complete Listing. And Voila!! You’re done!! Wrapping Up: Becoming an NFT Artist Looking at all these steps and ways to become an NFT artist can be a little intimidating at first but trust us that is normal. It is totally fine to feel intimidated and scared of these things and you don't necessarily have to follow every single one of these steps. We recommend doing what you are comfortable with and have expertise in. And do not worry if it does not work out on the very first try, just keep trying, and eventually, you will become a successful NFT artist. Best of luck to you!

How to Become an NFT Artist: a Step-by-step Breakdown of an NFT Plan

About 3 weeks back, Abhijoy and I wrote on NFT Finance which saw a lukewarm response in terms of readership and engagement. Consequently, we started exploring why. As we discussed the many possible reasons, it suddenly hit us like a bolt of lightning. an article While both of us have been dabbling in the world of cryptocurrencies, DeFi, NFTs, DAOs and whatnot for quite a while, crypto is still a new area for the vast majority, more so when it comes to NFTs. Therefore, a post on a new segment within NFTs, which in itself can be considered as a subcategory of crypto, would have a very nuanced and niche audience. Studies on the total number of cryptocurrency owners suggest a figure anywhere between to individuals worldwide. The total number of NFT owners is a small percentage compared to that. It is debatable what the actual figure is though. ~220 million ~800 million A Financial Times says the number is as low as 360,000. A Forbes says the world’s largest NFT marketplace, OpenSea, has 1.8 million active users. Even if we consider users of other marketplaces as well (since OpenSea alone does not support all-chains), the total number of NFT owners will still be miniscule in the crypto universe. report article Similarly, the total market capitalization of NFTs, their daily trading volumes etc. are also much smaller than the overall cryptocurrency market size and activity. But it might not be this way for long. Twitter recently its first NFT integration which allows users to link their wallets and set their owned tokens as profile pictures. This is the first major functional integration by a large platform - blockchain-linked verifiable ownership of pfp art. launched Most other newsworthy integrations so far have been about launching brand collections, some of which come with utility (like and ), some with income streams (like ) while others are purely collectibles. More on the reactions to the Twitter Blue announcement later. TIMEPieces Deathbats Royal It was also recently that Meta is planning NFT features for Facebook and Instagram. With billions of users on these platforms getting their first exposure to NFTs, the NFTverse is poised to grow. reported In light of this, we thought it might be ideal to pen a piece that covers the basics of NFTs. For someone who has just read about NFTs and is considering getting into the rabbit hole, there needs to be a manual on how to get started. While there are myriad guides on what-are-NFTs, there are very few that provide a simple navigational tour on how-to-NFT. How to create and mint, trade, use, rent, collaborate, etc. Intrigued? Read on. But First, What is an NFT To begin with, it is important to discern between what NFTs are and what they are not. An NFT is a token that represents something unique, and hence it is non-fungible. Fungible tokens like Bitcoin and Ethereum are indistinguishable from each other in terms of value or utility. For example, 1 BTC in my wallet is the same as 1 BTC in your wallet. If we exchange them, it would be an exchange of equals with no net benefit to either party. A non-fungible token is verifiably distinct from another one. So, NFTs offer a way to manage provenance, ownership and transfer of unique items in a trustless manner. NFTs can be used to represent a wide variety of items, like event tickets, legal documents, educational certificates, etc. However, the most popular applications of NFTs have so far been in collectibles and art. Hence, common pop culture references to NFTs are almost always meant to represent an underlying artwork. In this article, we will be practicing the same. While Ethereum is the most popular blockchain for NFTs, chains like Polygon, Solana, Tezos and Stacks are also starting to see high traffic with their own dedicated patrons, communities and marketplaces. We will be focusing on Ethereum in this article. The audio-visual representation of an NFT comes from media files linked to the token’s metadata. The media files can be static images, gifs, 3D objects, video, audio etc. They can be created anywhere by the artist and then hosted on any storage. Minting an NFT involves creating a token on a blockchain whose URI points to this file link. So, when anybody “sees” the NFT, they are basically looking at the stored media linked to it. Minting is an on-chain process that requires a wallet to receive the NFT and to pay for the transaction fees (gas). The fee is in the form of the native cryptocurrency of the respective blockchain in which the NFT is minted. Some platforms allow for a free mint by sponsoring the gas on your behalf. NFTs which have their media (or rendering instructions) hosted on-chain are considered by purists to be the truest form of NFTs such as and . Then there are those that are hosted in distributed storage like IPFS. Since blockchains are not optimized for data storage, a vast majority of NFT collections choose to host their heavy media files in centralized repositories. CryptoPunks OnChainMonkey It is important to note that while there is a genuine critique of permissioned storage, the value of an NFT is in the token itself and its associated verifiability. The media file is an add-on. At the end of the day, the CryptoPunk token minted by Larva Labs is valuable and not a right-click-save media file or a copy-mint with the same image. Minting and Trading NFTs Now that you are familiar with NFTs, why not try minting one of your own? You can put your art up for sale, or simply share your creation with other enthusiasts. You can even pick up a piece or two for your own digital art gallery. Platforms like let you create procedurally generated NFTs and mint them. These would fall within the broader generative art category. BlockArt Most NFT marketplaces have an embedded minting feature. is by far the most popular marketplace and is possibly already covered in great detail in most publications, and so we will explore an alternative platform instead. OpenSea is another popular and rapidly growing decentralized NFT marketplace built on Ethereum, where you can mint, buy and sell digital collectibles seamlessly. Rarible To mint, all you need is the artwork file and a Web3 wallet like Metamask. Rarible’s smart contract mints an Ethereum-based NFT and puts the file on IPFS. Thereafter, you can choose to put the NFT for sale on Rarible’s marketplace itself or just showcase it. Rarible uses two different NFT standards - for creating unique digital assets and for creating multiple editions of the same item. ERC-721 ERC-1155 Rarible’s “ ” feature allows free minting. While the NFT gets listed on Rarible’s marketplace, the minting actually happens at the moment of purchase. The fee is paid by the buyer, and in case the NFT goes unsold, the artist doesn’t unnecessarily end up paying any minting fee. lazy minting When purchasing an NFT, you can either pay the listing price or place a bid and see if the seller accepts. For each sale, Rarible charges 2.5% of the sale proceeds from both parties. Rarible’s smart contracts also enable the original creator to earn royalties on secondary sales, i.e. every time the NFT is re-sold. While Rarible is a centralized platform as of now, the creators plan to gradually hand over control to a DAO (Decentralised Autonomous Organisation) run by the community. $RARI, the governance token of Rarible, will play a vital role in the DAO by allowing members to decide the future course of development through decentralized voting. Recently, Rarible has started supporting and blockchains apart from Ethereum. This will not only introduce a host of new NFTs to the platform, but also enable users to create, buy or sell NFTs at comparatively lower gas fees. Integration with other blockchain networks is part of Rarible’s immediate roadmap. Tezos Flow Monetizing NFTs By now you’re a proud owner of one (or more) NFTs, proudly HODLing them in your collection. Based on the utility or aesthetic value, an NFT can be: a wearable or property in like Decentraland or The Sandbox, put up in virtual galleries like , used to access exclusive communities like , a playable in like Axie Infinity and Star Atlas, used to receive a share of royalties through Royal, a passive earning source on rental platforms, and so on. metaverses Cyber Illiquid Capital P2E games Since many blue-chip NFTs are considered valuable, there are platforms that help financialize them beyond a simple trade/flip utility. For example, NFT rentals for blockchain-based gaming. This is a new sector within NFTs with many promising platforms coming up. We had explored some of them in our NFT Finance . We will discuss another one here. article is a fully decentralized NFT rental protocol for blockchain games and metaverses developed on Ethereum. This is based on the DeFi primitives of staking. NFT lenders earn yield from renters on Double Protocol just like liquidity providers earn APY in DeFi pools. Double Protocol a few days back, Double Protocol allows users to rent NFTs for a specific period of time. As a use case, you might own an in-game weapon which is required to complete a quest. Instead of spending money for purchasing it, a player might simply rent it from you for a few days. After successfully completing the quest, your playable item will be automatically returned to you. Launched On the other hand, games like Axie Infinity require users to purchase and create a team of 3 digital playable characters called ‘Axies to play the game. This can represent a high economic barrier of entry for many potential players. With Double Protocol, you can rent Axies trustlessly (as opposed to Axie scholarships) from existing players and evaluate the game before making a bigger investment. NFT rental platforms usually require collateral higher than the value of the NFT itself. Going by the price of in-demand NFTs, such over-collateralization might dissuade most gaming enthusiasts. Moreover, many NFT rental protocols transfer the NFT itself to the borrower on payment of the collateral. NFT prices are volatile, and in case the price exceeds the collateral amount, the borrower might not return the item, leading to loss of asset for the original owner. Double Protocol takes a different approach – it transfers a time-bound right to ownership of the NFT but not the actual NFT indefinitely. This is done through ‘doNFT Factory’ smart contracts. When a user borrows an NFT, the smart contract mints and issues a doNFT to the borrower. This doNFT maps to the original NFT and contains the terms of lending, including the start time and expiration date. On termination of the renting period, the doNFT automatically expires, relinquishing the ownership to the lender. This enables Double Protocol to offer NFT renting with 0 collateral, while the lender is at no risk of losing the NFT either. Any ERC-721 compatible token can be lent through Double. DoNFTs can be split into new doNFTs or combined with other doNFTs. This opens up the doorway to a wide range of NFT rental use cases, such as subletting borrowed NFTs or reserving NFTs which aren’t currently available for borrowing. Double Protocol plans to implement such features in the near future. Double Protocol has already been integrated into the popular metaverse project, Decentraland. The integration will allow users to rent lands and assets in a minimal risk and collateral-free manner. Decentraland has also Double Protocol funds worth $10,000 to increase user engagement in the metaverse. granted More metaverse projects on both Ethereum and other blockchains will also be supported in the future. Double Protocol’s contract is currently being by Peckshield. The report is expected to be released soon. audited Owning NFTs through DAOs The skyrocketing prices of popular NFTs have led to the creation of NFT DAOs where members govern together as a group and pool in their funds to collect blue-chip NFTs as a community, similar to a cooperative. DAOs such as and have become quite popular in the NFT space today, but most of them have a high financial barrier to entry for regular NFT lovers. This is where PartyBid comes in. PleasrDAO Flamingo allows users to trustlessly pool funds and collectively bid on NFTs. The platform has been built on Ethereum. Anyone can create a new PartyBid or join an existing one, contribute ETH, and place bids as a collective effort. PartyBid During the course of bidding, any member can increase their bid to the lowest winning bid at the time. If the PartyBid wins, that group becomes a DAO, and the NFT is fractionalized and distributed among the members proportionate to their contribution. In essence, each member of a winning PartyBid comes to own a fraction of the NFT. If the group decides to sell the NFT, the profits are shared depending on the amount of fractional tokens held. PartyBid supports most of the popular NFT marketplaces, such as OpenSea, Foundation and Zora. Fractionalization is done through , a DApp which allows NFT owners to mint tokenized fractional ownership of their NFTs in the form of ERC-20 tokens. Fractional.art For winning bids, the PartyBid platform charges 2.5% of the ETH used and 2.5% of the fractional tokens created. In case the bid fails, or if a user ends up contributing surplus ETH in a winning bid, then the extra Ether is refunded (keeping aside the gas fees). As we come to a close, a word of caution. While the idea of NFTs has been around for a few years now, they have only started seeing major eyeballs since last year. Suffice to say, like anything new that bursts into the scene, NFTs have received mixed reactions from the fields of art, gaming and software development. This was on display in the reactions to the Twitter Blue announcement regarding NFT integrated profile pictures. While crypto/Web3/blockchain advocates naturally have a positive stance towards NFTs, there is a lot of politics and debate ongoing with sceptics. For example, Wikipedia editors recently to not classify NFTs as art. Even among crypto advocates there are nuanced divisions with some camps not being as enthusiastic as others. voted The idea of blockchain-based digital ownership has not sunk in yet. Cross-platform portability is also something that skeptical game developers have on. So, there are issues to be worked through. It is not a slam dunk and will take time to mature. Nonetheless, the world of NFTs is fast moving and everyday there is something new happening. Keep watching this space as it keeps evolving. doubts Share with us whether this guide helped you get started navigating the world of NFTs. Abhijoy and I are always up for a chat on . Telegram None of the information mentioned above should be considered as financial advice. The authors own tokens (both NFTs and fungible tokens) from some of the projects mentioned in the article. Disclosure: : About the Authors is an Analog Design Engineer working at Texas Instruments. is a banker-turned-entrepreneur. They are high school friends who lost contact years ago. They reunited over crypto in early 2018 and have been investing through mutual research and shared knowledge. Rohit Chatterjee Abhijoy Sarkar

How to Make an NFT: Minting, Trading, and Monetizing for Beginners

Right now, NFTs are at the peak of hype: Bored Ape #8585 just sold for $2.7 million, the NFT NYC conference was attended by Quentin Tarantino and Busta Rhymes, and huge NFT-related billboards were hung at Times Square. But many people doubt that NFTs are nothing more than just a speculative asset with no real value, lacking any tangible use cases. Is that true? And what do the crypto space and blockchain technology have to offer in the near future other than NFTs? According to those who have heard about NFTs once or twice in their life, it’s just a funny meme or video backed by the hash and stored on blockchain. The hash is completely unique and one of a kind, which is why it is called a non-fungible token. It’s considered a certificate of authenticity of the asset you own, and the proof of your ownership is publicly available because it is stored on blockchain and it is decentralized. Basically, no one can steal it. In addition, NFTs have given graphic artists and content creators the chance to express themselves and earn money without getting involved with top galleries, auction houses, or other middlemen, which is pretty hard to do. However, this isn’t the only use case for NFTs. For example, NFTs can be implemented in the copyright and intellectual property industry. With an NFT, there will be no argument of the provenance.  At recent NYC NFT events, I met with some industry leaders to learn more about the active NFT boom. “We work with an intellectual property management platform,” says , Director of Professional Services at CasperLabs. “We have written the history of ownership on blockchain, so there are no questions. Also we are helping to extend the use cases. The technology where multiple patent owners pool-in their patents together.  For example, there is 5G technology and multiple companies have a patent for different parts of this technology.' Ashok Ranadive When there is such an advanced technology, all the patent owners can pool-in their patents, and that pool of patents can be licensed and royalties can be distributed to the pool of stakeholders. This is a very complex use case where NFTs and blockchain technology could be used. NFT space is a new market which is developing now and the enterprises have huge potential using these technologies. Existing operations and supply chains could use this technology. Nowadays NFTs can be even used as a proof of authenticity of the vaccination card for example and you can easily track vaccinated people.” Another huge advantage of NFTs is total transparency, since everything is stored on the blockchain that is accessible to anyone. “Our protocol allows any user to check who owns which NFT, get the whole metadata, search by NFTs and we try to make it open source and available for the whole market,” says CEO of Rarible Alexei Falin. “This open source protocol supports Tezos and Flow blockchain, soon more blockchains will be supported, like Matic (Polygon), Solana, etc.” The founder of one of the biggest NFT marketplaces sees NFTs not only as a tool for art collectibles rights and copyright issues. “I am sure that NFT has a big potential in the gaming industry," says . "For example, metaverse where you can collect and play with NFTs, play-to-earn where you can increase the value of your NFT during the game or yield-farm new NFTs. And those opportunities to earn money attract more and more people to the industry.” Alexei Falin However, according to Alexei, the industry has issues such as not having user-friendly interfaces for newcomers, no super-secure custodial wallets, complicated KYC procedures, and fiat-to-crypto purchases taking ages to complete. “I think if someone who has a huge base of people with verified identities like Coinbase would make payment options for NFT marketplaces that would be a new step for the whole industry,” Alexei continues. Payment is a huge concern affecting the entire crypto space. “RippleNet was a part of the company in 2013 as a new payment solution for enterprises,” says David Schwartz, CTO of Ripple. “Existing enterprise payment system couldn’t settle for cryptocurrency payments. Now we have RippleX to allow people to build solutions on the XRP Ledger blockchain, in particular things like NFTs and DeFi. Payments in blockchain should be as easy as sending the email. I do not want to write 17 rows of code to make a payment, so we want to make an open source solution to enable the whole NFT and crypto ecosystem to make the user experience as easy as ever.” Ripple itself is looking to be the leaders of the NFT space; they recently invested in Mintable, an NFT marketplace that allows users to create, buy, and sell digital items using fiat or cryptocurrency. Now Mintable will integrate XRP Ledger (XRPL) for NFT purchasing and selling. So long as all parts of the market, such as marketplaces, blockchain developers, and payment solution developers, see the potential in the NFT industry, it might have a bright future indeed and will not remain as the mere hype of 2020-2021. Celebrities as well see the NFTs as one more opportunity to interact with fans and collect royalty. As said, “I still work with labels, but with NFTs I see that I might not need that middle man.” Busta Rhymes It is hard to predict the future, but for now we can tell that NFTs truly became a big part of not only crypto, but art, gaming, and entertainment industries as well. Vote on New York City Startups of the Year!

NFT Marketplace Entrepreneurs Seek to Cut Out the Middleman

It all starts a couple of days ago when NFT of the same name by Beeple “ ” was overshadowed by Rarible by featuring an unusual writing: this Everydays: The first 5000 days Intrigued by this problem, I take the of the work and examine the blockchain side, that of Ethereum, what happened and from here I retrieve several addresses: link - where in the NFT section we can see some strange things This - Beeple's , and always in the NFT section address - And finally an that leads to an NFTFT token address If we check the various dates we see that it all dates back to several days ago, April 2, 2021, and we discover that we find 2 Beeple NFTs, those with the ID 40913, 40914, 42069 that as much as the NFT with the ID 40913 has been destroyed and sent to the "black hole" address: It also seems that the related NFTs have been branded with a token, NFTheft (NFTFT), suspecting that they have been stolen or falsified in some way and the incredible thing is that we find 13 NFTs with this pattern, presumably from Rarible or otherwise connected to the same: Among other things, neither Beeple nor Rarible have issued statements or mentioned the incident on their social networks, which is quite strange given that we are still talking about NFTs with a millionaire value and certainly not cash. It is still early to draw a conclusion, and I have only brought to the attention of the suspicious transactions that suggest 13 different thefts or falsifications of NFT, and therefore now the ball passes to those in charge to get more information on what happened. To get more information on Rarible and NFTs, there is the book Mastering NFT - Practical guide for beginners and advanced

About That Fake Beeple NFT... 

An aspect that many forget with the explosion of NFTs that took place in the last period, is that related to the environmental theme because the NFT, acronym for Non Fungible Token, are nothing but unique tokens and to make or exchange them, it is necessary to exploit and make transactions on the reference blockchain. This means that every time we create or trade an NFT, we will have to make one or more transactions on the related blockchain and, as we will see, not all of them are eco-friendly with the environment in which we live. In fact, often most of the authors and users who approach this sector for the first time, do not have and do not know how the same works or what advantages and disadvantages there are in operating one or the other blockchain, starting right from the cost of the transaction in which in some blockchains they exceed 100 dollars without problems, while in others the entire procedure is even free. Returning to the environmental issue, a parameter that mainly affects the environmental impact of a blockchain and indirectly also the various transactions such as those related to NFTs, depends a lot and exclusively on the type of consensus protocol that a particular blockchain uses. For example, everyone knows how much the bitcoin blockchain that uses the , alas, the same protocol also uses the Ethereum blockchain and this means that even the NFTs we are creating and exchanging, pollute and a lot in turn. Proof of Work protocol consumes But how much do the various platforms consume for NFTs on Ethereum? To answer this question, we can observe the collected with special tools, such as , which are updated a few weeks ago: data Carbon.fyi OpenSea produced over 67 million kg of CO2 Nifty Gateway has produced over 15 million kg of CO2 Rarible, it produced over 12 million kg of CO2 These are some data of the most used platforms and we can already see how inevitably all the NFTs that have been produced on the Ethereum blockchain have indirectly impacted environmental pollution and not only, since a lot of energy is also consumed by the blockchain itself. . Let's not forget that we are not only talking about creating the NFT itself, but also all transactions involving exchanges, and as NFTs run on the blockchain, they will continue to pollute as long as the blockchain is up and potentially polluting the people indefinitely. same NFT. Would you like to buy or trade an NFT that will forever pollute the world? Not me. So should we stop creating and trading NFTs? No. The point is that we need to take advantage of platforms and blockchains that are already eco-compatible and carbon neutral such as the EOS blockchain which not only allows you to create and exchange NFTs efficiently but also not pay any fees for the transactions. In fact, the EOS blockchain, which uses a consensus protocol system called Delegated Proof of Stake (DPoS), allows you to manage a large number of transactions, so high that it would be , and by exploiting special wallets we obtain even free transactions every day and this also allows you to have the entire creation and exchange process completely without paying transaction fees. able to manage the entire centralized banking system Can I create and trade NFTs for free? Exactly, by exploiting some main wallets regarding the EOS blockchain such as Anchor Wallet, it is possible to make transactions without worrying about paying anything, in fact it covers that misery of fees that do not exceed 0.0010 EOS. For those who want to deepen this aspect then we refer to the first book in the world concerning NFTs was written, and not, a real manual that analyzes the various aspects that bind an NFT and from various points of view, for example these are the various chapters that deals with the book in question ( ): Mastering NFT - Practical Guide for beginners here the complete index Chapter 1 - Introduction Chapter 2 - Getting started Chapter 3 - How to create an NFT Chapter 4 - How to sell an NFT Chapter 5 - NFT and the environment Chapter 6 - NFT and copyright Chapter 7 - The ERC-721 and ERC-1155 standards Chapter 8 - Conclusions As we see, we are talking about a really well-finished book that also analyzes the more legal aspects of NFT, with in-depth care as all the national, European and even international regulations are listed, such as American, Japanese and Chinese legislation. , something that is hardly within everyone's reach unless after consultation with a lawyer. Let's not forget that in this book 5 different blockchains are analyzed, with all the pros and cons of using one blockchain over another, demonstrating how the sector offers much more than we think, in fact the blockchains that are analyzed in detail are: , the first and only blockchain in the world to be carbon neutral EOS , and its SLP tokens Bitcoin Cash (BCH) , blockchain based on the Proof of Believability consensus protocol IOST , which uses a hybrid system of PoW and PoS Zilliqa (ZIL) , the most widespread and well-known blockchain Ethereum (ETH) The various sectors of NFTs are analyzed, since it is not only about art but it is also possible to use them to recover funds, contain other tokens and crypto, for games, digital tickets, tokenize rights, books, films, music and any other element multimedia, documents, link them to physical products and more. In addition, answers to the following questions will be provided: Do NFTs pollute? How much does an NFT pollute and consume? Can I create an NFT from a work I own? How to Protect NFTs with Copyright? How much does it cost to protect your work? How long does the copyright last? Copyright and freedom of expression Copyright around the world There is no lack of interesting material for everyone and can be an excellent guide for all those who want to approach this sector, and will be an indispensable book for those who are already with their hands in the blockchain and have created their own NFTs, but do not know how. interface with or protect their works in the event of legal disputes. It is not enough to hoist a sail to sail the seas, but it takes all the knowledge to choose the right boat, auxiliary tools and the right type of sail so that we row in the right direction and do not find ourselves with the wind against. The book Mastering NFT - Practical Guide for beginners and not, is only available on Amazon and has been translated into 8 different languages ​​such as , , , , , , , . Italian English French German Dutch Spanish Portugues Japanese

How Much Pollution Do NFTs Create?

Two months ago, I shared my about the nascent NFT market for the first time. But those days, even analysts didn’t expect such a surge. However, I’m sure nothing interesting is ever completely one-sided. In this article, I’ll try to think about the other side of hype as a lot of questions and concerns about NFT-future are buzzing around, making the community and investors puzzled. thoughts On the brink of hype The NFT space is booming with innovations ranging from decentralized marketplaces like to blending with DeFi technology (e.g., and others). The total of NFT transactions has tripled recently. Rarible NIFTEX volume Since the beginning of the year, the market has passed major . First, you can discover an ever-expanding list of celebrities. And this is not only extremes in the form of Elon Musk or little-known artists. I was especially thrilled by the audiovisual NFT by . Moreover, , the most famous auction house, has become one of the NFT-marketplaces now. two milestones Aphex Twin Sotheby's The second milestone is price. Over the past month, it's become to hear about NFT tokens selling for millions of dollars. Jack Dorsey's tweet is $2.91 million; Cryptopunks is about $7.5 million; Beeple painting is $69 million. The third most expensive work by a living author in art history was literally before our eyes as an NFT token. mundane sold The dichotomy of development Beyond these two milestones opens up the dichotomy of new industry frontiers and the fear of a market bubble. The intense focus on the NFT industry and the significant capital flow has only exacerbated the questions of finding profitable investments and the future development of the NFT industry itself. Among the new prospects, I see the development and complication of the market itself. Soon, it will not be enough to write and develop a smart contract for an NFT-token - it will take 1-2 hours. Moreover, it won't be enough to upload an image and mint a new token via Rarible or Opensea marketplaces (unless you are a celebrity, of course). Also, our analysts expect the rise of new projects and NFT-collections with rare features, thoughtful concepts, and token features. There are more and more examples of such shifts: this approach contributed to the success of Cryptopunks, Non-Fungible Pepe, and Bastard Gan Punks. Another important segment of NFT is sports-related tokens. According to , , the marketplace for NFT tokens from the NBA, ranks first in sales volume. This marketplace's success and enormous popularity come from the vast NBA fan base, the speed and cheapness of Flow blockchain transactions, and the influx of significant capital into the industry. The emergence of similar platforms for soccer, baseball, UFC, or tennis fans is just a matter of time. DappRadar NBA TopShot Also, the hunt for NFT rarities is now beginning. The recent boom will lead the market to search for tokens and projects that enthusiasts released before 2020. Such projects may have additional experimental features and other rarity signs, which will significantly distinguish them from the same-type NFT tokens' current flow. Wrapped MoonCats On the other hand, we should not forget about the risks to the NFT-sphere. First of all, it is a question of a bubble. Such a critique of NFT suddenly came from the artist Mike Winkelmann aka Beeple (his work was sold for $69 million). “I absolutely think it’s a bubble, to be quite honest. I go back to the analogy of the beginning of the internet. There was a bubble. And the bubble burst,” Beeple on “Fox News Sunday.” “But it didn’t wipe out the internet. And so the technology itself is strong enough where I think it’s going to outlive that.” said We should not forget about the other NFT concerns: is it possible to sell the same work twice but as different tokens? How to identify and react to the fake NFT tokens' trading history? What forms will the interaction between the NFT and DeFi spheres take shortly? How will the security NFT tokens be provided in case of fraudulent events or their loss? Furthermore, the question remains open about the possible implementation of NFT technology into the existing art field: how can modern museums and galleries incorporate NFT into their activities? A potential first attempt at synthesis would be , Mark Cuban's new NFT-marketplace. Lazy will be an , bringing together users' work with the ability to display it on social media. Lazy online gallery The NFT boom is far from being over. The year 2021 will see further growth in the NFT sphere due to the ever-growing interest. It is the NFT segment that is easiest to understand and closest to celebrity and sports fans. In February 2021 alone, NFT transaction volume reached $340 mln, more than the entire 2020 transaction volume (March transaction volume is already approaching the $600 mln mark). Developers continue to research and develop NFT as a unique asset and with new use cases ranging from fractionalized ownership to independent music distribution. Moreover, as digital identity and digital ownership grow, NFTs will change the very way we perceive and share value online.

Far Beyond the NFT Madness

The word of the past couple of weeks has been NFT: non-fungible-token. We saw this trend developing from something untouched to something that’s bridging the gap between mainstream industries and our beloved decentralized world. NFTs do not only create wealth, they represent scarcity through collectibles as we’ve never seen before. Physical baseball cards will never be the same after the adoption of NFTs. NFT sales skyrocketed last year to over $250 million as cited by . However, that’s honestly just the start. 2021 will be the year of NFT’s. With major players like the NBA selling NFTs in their TopShot collecting for more than $30 million, we see more and more mainstream players entering the space. More recently, a project like entered the space creating authenticated NFT’s by celebrities like the Winklevoss twins, Muhammed Ali and Bruce Buffer to just name a few. This goes to show that the market is just getting started. CNBC Ethernity Another piece of that puzzle is artists, finally capable of having a true way of authenticating their artwork piece for piece and creating secondary markets like never before. Giant artists like Banksy, Beeple, and BossLogic have already entered the space, but more importantly, even the traditional art world is adapting the NFT trend. Arthouse Sotheby’s generates an NFT for each art piece that’s being auctioned through their hands. The rise of NFTs has a lot to do with their authenticity and flexibility as they can be used for digital artwork, memes, pieces of virtual land, certain rights in musical works, and many other use cases. Earlier this year, a single day’s sales of NFTs outperformed the sales from the whole of 2020, suggesting that much more growth lies ahead this year. The past couple of weeks have been a true whirlwind for . The innovative DeFi NFT and Esports Gaming project has been working on their platform, and their unique NFTs for months now to share the first previews, and first actual rare drops only in the past couple of weeks. Reality rose above expectations, breaking both their own systems as well as NFT marketplace Rarible. Overall the company has generated over $750k in sales and its community has staked a total of $2.8M $ANRX for NFTs. AnRKey X What happened on Rarible ? Let’s take you back to March 3rd; AnRkey X dropped its GenSys.X NFT collection. With various designs, the entire collection took the platform by storm. The GenSys.X collection took the number one spot on Rarible within an hour of release, even briefly crashing the site due to the high level of demand. AnRKey’s team shares their excitement in seeing one of their first creating coming to life and exceeding all of their expectations. Now, the demand didn’t last just one day, it continued throughout the week. Rarible Imagine standing outside with a lemonade stand on the hottest day of the summer selling NFT after NFT throughout the first day, that’s how AnRKey’s GenSys.X NFT collection seemed to be. The team sold over 120 ETH worth of NFTs on the first day of the release; that’s more than $200,000 at the time of writing. That number one spot belonged to AnRKey X for the rest of the day, and the runner-up barely did half of the volume. Secondary market sales hit up to $47,000 per NFT, a 13,602% increase from the original $343 per NFT price. Over the last 30 days, AnRKey X’s NFT sales volume was in the top-10 in the entire world on Rarible.com leaving behind big names like Mark Cuban and other giant NFT legends. One should not underestimate this achievement for a relatively young project that’s paving its way to the top in a month where more than $100 million passed hands in the NFT world. The statistics and numbers listed in this article were received directly from the AnRKey team. Nothing in this article constitutes investment advice. Please do your own thorough research before making any purchase. NOTE:

AnRKey X NFT Sales Reach Top 10 in the World on Rarible

Non-fungible tokens are tokens based on the Ethereum network released to represent some digital piece of art. These tokens are unique in that each of them has special characteristics and cannot be exchanged 1 for 1. The launch of NFTs happened in 2017, and ever since then, the creation world has vastly grown. NFT As digital assets, they aim to create scarcity and digital ownership. Moreover, they provide interoperability across multiple platforms. They are common in the art and games industry. Due to the vast Ethereum growth and wide adoption of the crypto world, with large companies like Tesla investing in BTC, digital assets have a massive opportunity. As such, investors should know which NFTs are most likely to shine in 2021. Rarible is an Ethereum blockchain-based platform for NFT. By designation, the platform helps users create, trade quickly, and collect blockchain secured digital items. This platform is home to thousands of pieces of art, around 20 thousand creators and collectors. The Rarible governance token is $Rari. Rarible The platform is community-driven and possesses unique features like flexible royalties, Rari rewards, auction functions, multiple minting, unlockable items, and many others. The platform is also highly user-friendly. The users can easily create single and multiple collectibles, set the properties, details, and royalties to earn rewards. The Falcon Project The is an entire ecosystem that runs on two blockchains at the same time and includes three interchangeable chains. Falcon Project The ﬁrst chain is the ERC-20 (FNT), which is convenient and familiar to all of us, both users and developers. The second chain is an NFT (Voucher), for the storage of which you will receive a guaranteed profit of up to 40% per annum in FNT tokens. The third chain is the coin (FNC), which optionally allows performing anonymous transactions. In addition, the Falcon Project provides a solution as Proof of Ownership for using NFT certificates for collectibles. The purpose of this platform's introduction is to step into the rare collectible industry, comics, etc. A unique QR code is embedded in each product, and when scanned, the blockchain stores the product. Since the NFTs represent ownership of these products, a user can claim rare collectibles any day. The silver souvenir coin is the first proof of the Falcon ownership model, with the coin holders receiving an NFT certificate. Async Network Launched in February 2020, is a blockchain-based art movement created from collecting and trading digital arts and other programmable arts. Providing the option of digital art makes it easy for art to evolve and react to owners. Async art In this network, users quickly buy masters and layers. Layers are components making up a master, while a master is an edition art piece. By controlling the layers, collectors control and possibly affect artist works. The platform is quite user-friendly, with everything displayed well on the homepage. According to the Async web page, Async has already garnered over a bid volume of $5 million and artist sales of $1 million. ADOR is another one of the NFT platforms which users should watch out for in 2021 and beyond. It allows users to earn from their content on a real-time basis. Its native token $ADORs helps maintain the perfect run of things in the Adors project. It unlocks the platform's fullest potential, it helps maintain the perfect run of things in the ADOR's project. ADOR Their unique edge focuses on Human Expression & Media Experiences with unique utilities and allows users to earn from their content on a real-time basis. It provides opportunities for its users to earn from other options like staking and farming tokens, monthly platform rewards, free RARE-Exclusive NFTs and no-wait members only DROPs! Among creators set to benefit highly include, artists, influencers, celebrities and performers who will benefit even from old and new content. It's quite user friendly with a button that sends the user directly to connect their web3 wallets. Finally, with a robust roadmap that will include consulting, virtual land generation,  streaming services and educational tools; ADOR is setting the stage to be a top contender in the METAVERSE industry. SuperRare is another top functional NFT marketplace, allowing its users to collect, and in the long-run, trade some unique forms of digital artworks. It acts as a network for digital art. SuperRare The network ensures that all its collectibles are authentically created by the artists in the network and ultimately tokenized, making it easy to access them. The art therein is scarce but secured with the blockchain, thus provable and transparent. The marketplace fees for this platform are charged at 3%, paid by the buyer. ETH is the main currency for payment in the SuperRare network. The process of signing up is easy and will require the users to connect with an Etherum wallet. CryptoPunks from Larvalabs Launched in 2017 as the first NFT project, is a collectibles platform designed by Larvalabs and based on the Ethereum blockchain. Currently, there are about 10 thousand collectible characters dubbed punks. Cryptopunks Punks are some art images of 24x24 pixels, created like punky looking persons, apes, or aliens.  Due to the blockchain base, users can be sure that only 10k punks are on the platform. Getting a punk is also relatively easy; you only need to follow the following steps; Get Metamask and connect the platform to your wallet. Buy some amount of Ether. The Cryptopunks network will provide a plugin to bid, buy or sell punks directly from the ETH interface. Final Word Although for over three years, NFTs have existed, they are still lagging in terms of adoption, especially when you compare them to ERC-20 tokens and assets like stablecoins and altcoins. However, the NFT world is growing vastly and very soon. Among the to watch in 2021 include the six ones above. Platforms like Adors, SuperRare, Rarible, Async, and CryptoPunks mostly focus on art and collectibles and will also increase vastly in adoption. Also, Falcon will thrive in the industry by providing digital NFT certificates and vouchers. Digital certificates will be some form of immutable proof of ownership that most people will use. NFT projects

NFT Projects of The Day: Rarible Vs. Falcon Vs. Async Vs. ADOR Vs. SuperRare Vs. CryptoPunks

By now, most industry enthusiasts are well aware of the fact that cryptocurrencies are far from being the only use case associated with blockchain technology. Industry-wide disruption is on its way, and it’s best to be prepared. This article will discuss blockchain’s purpose within the gaming industry, thereby highlighting not only its main advantages, but also how a series of blockchain-based projects are revolutionizing the market as we know it. A Quick Introduction to Blockchain Tech To keep things simple, blockchain technology can be described as a distributed ledger, similar to a database, that processes and records transactions. It employs a number of design principles, including decentralization, immutability, transparency, security, low costs, and quick transactions. When used for financial purposes, it serves as the core infrastructure behind most of the world’s cryptocurrencies. When used for governance purposes, it allows token holders to vote on key decisions within decentralized autonomous organizations. When leveraged in supply chains, blockchain helps track how products are made, moved, and sold. However, many experts now agree that blockchain is poised to revolutionize the gaming industry as we know it. Cross-integration between these two markets is bound to encourage mass-adoption, as well as the creation of a gaming ecosystem that’s fair, open, transparent, user-friendly, and economically viable. Disrupting the Gaming Industry with Blockchain Technology The gaming industry has rapidly evolved in recent times. We’ve witnessed the emergence of in-game economies, virtual worlds, esports, highly-competitive gameplay, P2P integrations, community-building, and much more. Despite satisfying players worldwide, the gaming industry is not free of flaws. Some of the main challenges that both developers and players have been dealing with include lack of trust, inadequate in-game economies, disadvantageous microtransactions, and a lack of revenue streams for gamers in spite of their skill levels. We believe that blockchain’s use cases within the gaming industry are best explained through examples and side-by-side comparisons. Without further ado, here’s an overview of three blockchain use cases and projects that are rapidly overhauling the industry. 1. The Dawn of NFTs for In-Game Economies Most games feature in-game items that can be obtained through farming, skilful gameplay, or by completing specific tasks. Such items hold inherent stats, so once equipped, they boost a player’s power. While numerous in-game items are common and can be easily obtained by players, most game worlds have introduced epic and legendary items boasting significant stats. These are rarely obtained and there’s often a limited number of such items, so there’s always a competition for obtaining them before the servers run out. With non-fungible tokens, these items can be openly traded within blockchain-based marketplaces, in exchange for money or other in-game advantages. By implementing blockchain tech, players can rest assured that their items are truly unique, rare, and valuable. Projects that facilitate the creation and trading of NFTs are rapidly attracting game developers and users worldwide. is a relevant example - as a community-owned NFT marketplace, users can create their very own NFTs without using code, which can then be sold in exchange for flexible royalties. Rarible Rarible includes a fully-fledged marketplace featuring a wide range of NFTs, many of which are powerful in-game items. is similar to Rarible, and works by having customers purchase, sell, and discover limited-edition goods. OpenSea So far, the NFT market has surpassed $148 million in trading volume, and most stats seem to suggest that the market is still growing, as reported by . NonFungible 2. Providing Players with Lucrative Revenue Streams Revenue streams for gameplay already exist, but the traditional ones are generally only suited to highly-skilled players who participate in esports tournaments. Successful live streamers can also earn considerable profit through viewer subscriptions and brand sponsorships. Albeit profitable, these two categories only serve a limited percentage of gamers worldwide. is an innovative project that leverages blockchain technology, decentralized finance, and non-fungible tokens to create additional revenue streams for players. ExeedMe The project was designed to serve gamers regardless of their actual skill level. As a Polkadot-based platform, ExeedMe works by setting up game tournaments that include a prize pool. Whoever wins the tournament can access the prize pool, thereby earning an income. The platform also includes an incentives mechanism designed to encourage other users to bet on who will win a specific tournament. In exchange for placing bets on gamers, bettors earn XED tokens. Through ExeedMe, users can also earn rare NFTs, which can later be sold on the open market in exchange for a profit. The project has been praised by the industry for facilitating efficient matchmaking, while implementing anti-cheating protocols to keep gameplay fair. With ExeedMe, gaming hobbyists, professional players, and even beginners can obtain a profit by enjoying their favourite titles. As ExeedMe expands, gamers worldwide will access lucrative income by simply engaging in their favourite hobby. 3. Facilitating Fan Engagement in Sports and Entertainment Despite the sheer size of the sport and entertainment industries, fans tend to be left out due to unsatisfactory engagement efforts. is a blockchain platform with a proprietary token that aims to elevate user engagement. Chiliz The project also developed Socios, a fan engagement platform which can be used to purchase tokens from popular sport teams. Fan tokens grant holders voting rights, which can be leveraged to influence team decisions. In exchange for voting, fans receive rewards from their favourite times as well as recognition. This is also applicable in the entertainment industry, as by pooling their resources together, fans can seamlessly decide what their favourite artists will do next. Of course, this entails that sport teams and entertainers agree to use the platform. Luckily, many of them are excited to engage with their fans and have consequently opted in. Bottom Line To wrap things up, these were only a few examples of how blockchain technology can improve the gaming and entertainment industries. As adoption grows, project managers worldwide will surely opt to integrate blockchain within their offerings. Concepts like player satisfaction, user retention, openness, and decentralization will shape the future of the gaming industry, thus creating new and exciting use case scenarios.

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