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Showing posts from January, 2024

How are NFTs changing the norms of the art market?

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 What is an NFT? Before we delve deeper, let's remember what NFTs are . The acronym stands for “Non Fungible Token” or “Non Fungible Token” . Specifically, an NFT is a digital object such as an image, a GIF, a video, etc. The main characteristic of an NFT is to be “non-fungible”, that is, unique. But how can a digital image that can theoretically be copied infinitely be unique? This is where the concept of “token” comes into play. What is a token? Each NFT is associated with a token. This token contains the main information related to the NFT (its owner, its price, its description, etc.). This token is recorded on a blockchain , similar to a public ledger. This token is unique in the sense that it has its own identifier. Through this token, the NFT becomes unique, even if the image (in the case of an image) of the NFT can be copied. Thanks to this tokenization system, NFTs have achieved the feat of creating rarity in a digital realm that is essentially replicable to infinity … Do y...

How to build an NFT Minting marketplace from scratch

What are NFTs? Non-Fungible Tokens, known as NFTs, are exclusive digital assets that can be traded, bought and sold. In some virtual environments, it may also take the form of artwork or game content. The metadata code for each NFT is stored on the blockchain, ensuring that each is always unique. NFTs are similar to digital trade cards, but they are different. Unlike other digital assets like Bitcoin, each one is unique and there are no duplicates. In this way, the uniqueness of the available digital content is maintained. What is the difference between producing and minting NFTs? Building assets stored in Non-Fungible Tokens is the process of creating NFTs (NFTs). These resources can be anything (i.e. digital art, songs, collectibles, etc.). It is important to remember the nature of any NFT. NFT minting websites rely on these assets. To publish an NFT to the blockchain, you must first create it. Once published, an NFT acts as a certificate of ownership for the owner and represents the...

How to create a no-code NFT marketplace?

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To create a no-code NFT marketplace like OpenSea, a no-code NFT marketplace must have the following essential features: Sign-up Capabilities Cordless NFT Marketplace buyers and sellers (creators) must have valid sign-up and authentication capabilities. This process verifies the user and grants access to the no-code NFT marketplace. NFT users on the Connect Wallet platform must create or connect a wallet to facilitate transactions on the marketplace. NFT Minting Features NFT creators should be able to create or mint digital content on the cordless NFT marketplace. Once you pay the associated transaction fees to mint your NFTs, these pieces become available in the marketplace's extensive database. NFT Pricing Features Similar to the OpenSea platform, artists can choose a specific pricing model to use in the online catalogue of no-code NFT marketplaces. NFT creators can choose between a fixed price and a bid-based dynamic pricing model. NFT Selection Features NFT users should be able ...