Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
NFT
What Are Fractionalized NFTs?
Most people who use the internet regularly, whether for business or pleasure, are familiar with NFTs. Everyone in the crypto/blockchain community looks at these "Non-Fungible Tokens” with interest. The only problem is that NFTs are becoming extremely popular and too costly to own. In this context, Fractional NFTs, or F-NFTs, have entered the market to attract new investors. Imagine dividing a single NFT into smaller parts and making it available for purchase. This concept is the principle governing the growing…
3 years ago
Is It Possible to Spot a Fake NFT?
Blockchain technology should have made life simpler for digital artists selling unique tokens of ownership to others. A public ledger can give buyers a record of who owns a piece of art in perpetuity. Blockchain gave some artists a new chance to earn money. However, some artists admit that the last year's crypto boom has been a mess. Anyone can "mint" a digital asset as an NFT, even if they don't own it. How do you spot a fake NFT…
3 years ago
Introduction to NFT Smart Contracts
In the crypto community, NFTs are generating enormous hype. As a result, more and more artists have begun to produce and collect their NFTs. They aim to join the bandwagon and ride the NFT wave. Today we will talk more about the technology that made the rise of NFT possible. Then, after a quick general introduction to smart contracts, we will look into the matter more closely. Understanding the Logic Behind a Smart Contract Smart Contracts are pre-programmed and automated…
3 years ago
Why People Buy Their Own NFTs? Is It Wash Trading? Is It Illegal?
You've undoubtedly heard about non-fungible tokens (NFTs), and you may have many questions. Digital ownership can be challenging to understand, and the market hype must help develop a rational analysis. It's tough to know who to believe when many of the loudest voices are financially engaged in NFTs. In recent times, we have observed a peculiar tendency in the market. Some creators are starting to buy the NFTs they launched, creating skepticism in the industry. Our article will summarize the…
3 years ago
The Best NFT Projects You Should Know About
NFTs are now becoming popular and more lucrative with their growing demand. It shows how rapidly the world is moving and endorsing blockchain technology. Notably, the investment sector is keen on putting money into these innovations and durational returns to their except. However, with so many NFTs coming in daily, you might wonder which one to choose. To help you out, we will discuss the top NFT projects you should know about. These NFTs are on blockchain technology, ensuring your…
3 years ago
What is NFT Lazy Minting – A Beginner’s Guide
The enormous success of NFT usage over the last quarters is remarkable. Therefore, we are not surprised to see an ongoing innovation trend in the NFT market niche in this context. However, creating NFTs can be challenging, especially for new traders and artists. Today we will look into the lazy minting practice, an innovative idea that has recently become popular in the blockchain industry. Before doing that, however, it is essential to spend a few words on the general minting…
3 years ago
Metaverse Games You Need To Know About
NFTs are a rapidly growing industry. However, it's still arguably in its infancy. Namely, the entire market cap of all NFTs is still just $7 billion. That's why many NFT investors are looking for catalysts, something that can boost the industry. Many are betting that video games will be that catalyst. Specifically, metaverse games! NFTs and video games are a match made in heaven. For one, gaming is a vast industry - about $175 billion. Just the in-game items are…
3 years ago
What Is the Metaverse and How Does it Work?
Metaverse was one of the trendiest terms in 2021, especially after Facebook rebranded itself as “Meta.” As the New Year unfolds, we can expect its buzz to expand and take the world by storm. Nevertheless, the idea of Metaverse is still a little cloudy for many. So we are here to decode it for you. Metaverse and the Buzz Metaverse Group, an NFT-based metaverse real estate company, recently purchased a parcel of virtual land for $2.43 million. Suddenly, everyone was…
3 years ago
What Makes a Successful NFT Project – 7 Things To Consider
The NFT industry is booming. Yet, hundreds of others will zero for every project that goes to millions. So how can one stand out? How to separate the good from the bad (and the ugly)? If you want to invest in NFTs or if you're going to become an NFT artist yourself, read on. NFTs, or non-fungible tokens, grabbed the attention of artists, entrepreneurs, crypto investors, and art collectors alike. They have spotted and jumped on a trend - that…
4 years ago