Feb 15, 2024
NFT Token Standards: What is The Difference Between ERC-721 and ERC-1155
ERC-1155 tokens offer superior gas efficiency compared to ERC-721, particularly for batch operations. Because ERC-1155 supports batch transfers natively, multiple tokens can be transferred within a single transaction, significantly reducing overall gas costs....
Jan 12, 2023
Physical NFTs Explained
Physical NFTs are digital tokens of ownership tied to a real-world asset. These assets combine digital and physical components and can be used to establish ownership of real-world assets such as artworks, fashion items, property deeds, tickets, and more....
Oct 28, 2022
Why Are NFTs Losing Value So Bad?
A person with an NFT worth 0.05 ETH as of April would be willing to sell off their asset for 0.03 ETH as of May than hold it amid a price crash, where Ethereum lost over 80% of its value. Hence, the bear market reduced NFT transactions...
Sep 19, 2022
Should I Freeze My NFTs Metadata?
If you need your NFT to be regularly customizable, it isn't advisable to freeze your metadata. For example, if you are creating an in-game NFT asset, unfreezing the NFT makes it possible for players to unlock new NFT properties as they progress within the game...
Sep 05, 2022
The NFT Metadata: What It Is and How It Works
Metadata is information about other data; in the case of an NFT, it specifies the core characteristics of the NFT, such as its name, description, transaction history, visual or auditory assets, and other elements deemed relevant by the token's inventor....
Aug 16, 2022
The Battle of the Solana NFT Marketplace 2022 - Magic Eden vs. OpenSea
OpenSea and Magic Eden both excel in terms of community access, and any project listed on these marketplaces can easily attain success....
Aug 03, 2022
CCTIP Partners With NFT Platform "MINTVERSE."
Mintverse aims to compete with Industry bigwigs by combining two services into one. It serves as a Multichain NFT aggregator & marketplace, and also as a place where NFTs can be created. So, with Mintverse, you can create your NFT and list it for purchase on the same platform...
Aug 03, 2022
Wash Trading in Crypto: What It Is and How to Avoid It
Wash trading is a market manipulation strategy traders use to impact an asset's trading activity and price. Typically, one or more cooperating agents execute a series of deals without considering market risks, resulting in no change in the hostile actors' initial position....
Jul 28, 2022
What is NFT Metadata?
NFT metadata is the data that gives general information about other data; this includes the name, description, & other elements deemed necessary by the author of an NFT. Since NFT marketplaces use metadata to show NFTs to buyers and sellers, metadata must be in a format......
Jul 06, 2022
NFT Ticketing Explained
Blockchain technology combats the drawbacks of the traditional ticketing system by tokenizing event tickets & selling them as NFTs. NFT tickets are digital assets that store your event entry information. They offer special benefits & act as access credentials to your events....
Jul 05, 2022
Fungible Vs. Non-fungible Tokens: What is the difference?
Fungible tokens are easily exchangeable assets that are divisible & not unique. They're constructed so that each token fraction is comparable to the next. Non-fungible token (NFT) is a digital authentication certificate that attaches ownership to unique physical or digital assets....
Jun 28, 2022
HOW TO SET UP YOUR NFT PROFILE PICTURE (PFP)
1. Sign in to your Twitter account. 2. Ensure you have subscribed to Twitter Blue. 3. Locate your profile and click on “Edit profile.” 4. Tap on the profile picture icon and select Choose NFT. 5. Select your wallet service provider. 6. Connect your wallet......