lexit-nft-marketplace

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What is NFTs Worth?

NFTs or Non-Fungible Tokens have suddenly surged in popularity. NFTs are selling for thousands of dollars but these things look like its just creating value out of air. I'm an economist and I want to help you understand the economics of NFT Marketplace Website.

What gives them value and actually help you see that the concept of nfts has been around for a long time. And I think to understand the scale of what's going on here. We need a banana so nft stands for non-fungible token before. You can understand what an nft is you need to understand what these words mean now token means that this is something stored on the blockchain.

But what does non-fungible mean and how it is different from something that is fungible when I think of fungible things the first thing that comes to my mind because I'm an economist are dollar bills dollar bills are fungible. What that means is imagine I present two dollar bills to you I can ask you to choose one of them I can mix them up again and then say now which dollar bill do you want to have.

You don't care which one you have a dollar bill is a dollar bill there's really no way to distinguish them. Now some clever people are gonna be like well they have serial numbers on them. You can distinguish between two dollar bills and that's true but in terms of their use they're indistinguishable now let's think of something that's NFT Marketplace in our house. We stand pokemon like we have pokemon all over the place pokemon are on our walls.

We've got the pokemon cards every where our family loves pokemon. Now if you look at these two pokemon cards they look exactly the same if I was to move them around you really couldn't tell me anything about these two cards. But as soon as I flip this card over you see that it's a holo graphic dark char Izard which is a decently valuable card.

And when I flip this card over it's a trainer which is garbage it is literally the worst thing that you can pull. They are so bad that you remember last year when we didn't have toilet paper because of the pandemic [Music] well at least they're useful for something the pokemon cards are essentially indistinguishable they are card board.

Yet it's by putting a little piece of information on the front of them that distinguishes that gives them value that makes it. So you can't exchange them it makes them non-fungible so an nft is a token on the blockchain that can't be easily exchanged. For something else it's very much like a trading card before we get into the economics of nfts.

Reference URL: What is NFTs Worth?

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Most Popular NFT Marketplace | Sell Digital Assets

Are you looking to sell your digital assets such as music, arts, games and any other unique items? So there is a Most Popular NFT Marketplace where you can sell or buy unique items. For more info or any query  about NFT ART Marketplace visit the site.

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What is the NFT Marketplace Scope in 2022?

There are all sorts of digital things that people are purchasing version of them for lots of money. There are three simple letters that you need to understand to understand what's going on here. Those letters are NFT Marketplace. Now to the latest trend that's sweeping the internet. What is exactly is an NFT?

Does that stand for not safe for work? What does this mean? - Why would you pay for an NFT when you can look at it for free? Is this a gigantic bubble just waiting to burst?- I believe in this space with my whole heart.- I'm just fascinated by it, all of it.- This story is much bigger than a $600,000 cat gif. Or a three million dollar tweet. It's a story about human psychology and how the way we value things is shifting because of technology.

A technology that some people think may revolutionize our society, while at the same time accelerating the climate disaster. It's really nuts, it's all of these things together and I wanna explain it to you, so let's do this. Now what the hell’s the Best NFT Marketplace Apparently cryptocurrency Everyone's making some money [Announcer] Oh that was insane officially insane Lebron James. NFT stands for non fungible token. Okay, there it is, that's the explanation.

Non fungible token, makes sense right? The video's over now. No, one of my issues with this topic is that people throw around things like blockchain, crypto art, ledger, NFT, and they just expect me to understand what they're talking about, and I didn't.

Okay, I'm gonna talk about a Tesla for a second. Customized by Unplugged Performance to be the most unique and high quality Tesla there is. Oh and it's not just a Tesla, it's also $20,000.You can enter for a chance to win the Teslaand $20,000 by going toOmaze.com/Johnny Harris.

When you donate $10 or more, your donation goes to support two non-profits. 501C3 is the first one. They are an organization that seeksto mobilize the next generation to fight climate change by creating a global community that embraces low carbon culture.

The other one is called Give Power which seeks to give clean drinkable water to the 2.2 billion people around the world who do not have safe access to clean water. The non-profit uses its deep solar expertise to power and provide clean water, food security, and light to regions around the world.

So to potentially win a Tesla and $20,000, and to support these organizations go to Omaze.com/Johnny Harris to find out more. So, fungible, let's talk about the word fungible. It's this very specific word that economists use; it has a very precise definition. I wanna use a different word for fungible for a second. Let's just use the word replaceable. Most Popular NFT Marketplace is a non-replaceable, you can't replace it, there's only one of them, and it’s unique. Let me give you an example of something I feel very strongly about.

Reference URL: What is the NFT Marketplace Scope in 2022?

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How Can You Setup & Create NFT on WazirX NFT?

We are going to cover the process from making your account to maintain your first NFT. Here are the basic steps you need to start minting your first NFT Marketplace. You'll need three accounts Meta mask and binance. So we'll go step by step and create all of them. Let's start with Meta mask so just search meta mask and visit meta mask.

This is the official website and you can download it from right here install meta mask pro chrome. It will open up the chrome web store and you just have to download it add to chrome right here. It will take some time to download the extension and it will install automatically. So I'll fast forward to the step when it's installed okay so as you can see.

It has been added to the chrome okay so it will open itself so here we have to sign up on the platform. Let’s get started you are going to create a new wallet okay. I agree and let's create a password agree to the terms and create your account okay. You're going to need to write it down in case you lose your wallet so this is the only thing that will help you recover your wallet in NFT Marketplace.

So click next and click here to reveal the secret words so don't just take a photo of it and store it digitally. But you can you should also note it down in case you lose your wallet so click next and you'll have to enter it again in sequence. So I'll just add it so when you added the full code click confirm and you're all done okay.

So here we have our Meta mask wallet you can click here to copy your url will need it later and you can also go into account details to change the name of the account right here. Let's say pnp okay so we have a new name here okay so we have the meta mask. Now let's go to the second account that will be a 0x platform for zx and ft so go to the website by the way all the links will be in the description. So you can go to the website directly from the description also so on the xerx.

You don't need to actually create an account when you have your Meta mask wallet here you just need to connect your wallet. So plus connect wallet and press Meta mask you will get a notification to connect with meta mask select next and connect. So by default the Meta mask works on ethereum main net which is used for ethereum transactions but xerx is based on wrx and bnb tokens which are both based on binance smart chain. So it will ask you to add the binance smart chain network.

You have to approve it so you can mint the nfd's click on approve and click on switch network click sign so there we have it. We have connected our wallet but we don't have actually any profile so we'll add the username here let's just say and you cannot change this username. So make sure in Most Popular NFT Marketplace, you put the right one here display name you can change it later and you can add the email click on I agree and then you can click register to register your account okay.

So once you have registered you can click here and click on this become a creator that will take you to the creator application. So you have to fill this creator application which is just a Google form it will ask you basic things like your email address complete your profile like shown in this example and just check all of these after completing your profile. Add your socials and you need to tweet this thing on your twitter so just copy it and paste it in twitter and just create a tweet and paste the link of the tweet. So I'll recommend you join the discord channel it's really whole some and there are a lot of people that will help you at any point if you need any help in your journey.

Reference URL: https://nftmarketplace8533.blog.fc2.com/blog-entry-1.html

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How are the NFTs A Good Investment?

Today I want to talk about NFT Marketplace and whether I think they're a good investment. So let's talk a little bit about the difference between fungible tokens and non-fungible tokens.

A fungible token would be any token that's theoretically interchangeable. So one us dollar bill is really equal to any other us dollar bill. I'm simplifying a little bit here because obviously certain serial number dollar bills may have a nefarious history or one dollar bill may have a little cocaine on it and another doesn't likewise with other fiat currencies.

But the basic idea is that one dollar is one dollar and the same might be said for bitcoin as well you can send someone a bitcoin. They can send someone a bitcoin back to you a different bitcoin and you still have the same amount of wealth.

So those are fungible tokens they're interchangeable a non-fungible token is a unique token. It's a unique digital asset you can think of it like being a digital baseball card. If you grew up in the 70s like. I did and knew about baseball cards and basketball cards etc. It could be a digital painting.

It could be an asset in a virtual world like decentraland. You could buy some real estate there for example these are normally built on the ethereum network and because of the smart contract capability of ethereum. You can do some pretty coolthings with NFT Marketplace Website. You can prove that you own one proof of ownership is built into it. You can see the the current owner.

The previous owner you can see the transaction history and it's easy to add of other interesting metadata as well unlike collecting oil paintings or canvases. It's much easier to store these obviously they're essentially stored on the blockchain. You don't need to buy fire insurance or flood insurance and it's very easy to verify that you own it and you can get bragging rights.

I think is what a lot of people like you can go online and show everyone that you own it. You can just watch the NFT online but you don't actually own it and you can't sell this unique token. Here's a decentraland I haven't really used this but this would be an example of a virtual world where you could trade create and trade NFTs.

If you've heard about kitties which was sort of a craze a couple years ago these I believe were probably the first version of Most Popular NFT Marketplace. Here's the most famous one called drag on currently for sale for 600 eth roughly a million dollars. If you're finding this video help to pause right here and just ask you if you could subscribe. You can see that there are 146 of these uh for sale.

So this really is uh really the definition of greater full investing where the only way you make money with these is. Now I'm not saying you can't do that but it's more difficult than you might imagine and I think. It's a very good business if you're issuing NFTs this is just free money for the nba.

If you run one of these companies that takes a fee whenever an NFT is issued the winkles twins were very smart. They bought nifty gateway back in back in 2018 I believe and so they're very smart to be there just taking a cut of everything.

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NFT Marketplace | How to Sell Music & Art as NFTs

If you want to invest money, NFT Marketplace is the best platform where anyone can register and buy or sell unique items as digital assets. For more information or any detail about the Most Popular NFT Marketplace visit the site.

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What is the Difference Between NFTs and Cryptocurrency?

NFT and Cryptocurrency appear to be the order of the day. These days especially since the covert 19 pandemic nearly drove the entire wall to code digital both appear to be profitable markets.

You have probably read stories about people making hundreds of millions of dollars using NFTs or headlines about cryptocurrency values fluctuating. And even crashing as a result of a single Elon Musk tree if you're not familiar with these terms it's understandable if you have wondered.

If NFPs and cryptocurrencies are the same thing well they aren't although there are some parallels between NFTs and crypto currencies. NFT Marketplace is an acronym for non-fungible tokens when it's unique and can't be replaced with something else.

Something is said to be non-fungible each NFT contains distinguishable information like who owns the digital asset and who sold it making them distinct and easily verifiable as it is impossible to forge such a certificate.

NFT basically creates a blockchain based digital certificate for your digital collectibles including games, music, art and many more this certificate gives your art work a unique identity.

On the other hand cryptocurrency is defined as a virtual currency that utilizes cryptography to secure and verify transactions as well as regulate and control the generation of new currency units.

It is decentralized and free from any third-party interference which means it is not issued and controlled by any government or central authority. Unlike other payment systems that banks or governments are handling cryptocurrency charges almost no of very low transaction cost.

There is no limit for making transactions in fact you have20.7 access to your money. There is no extra delay or extra charges or making international transactions.

And the best part is that anybody can usecryptocurrency without the hassles of paperwork all you need to do is create an account or any digital wallet of cryptocurrency. Now that we know the basic concept of both Most Popular NFT Marketplace and cryptocurrency and understood the underlying technology.

Let's move ahead and look into the comparison parameters for NFT versus crypto. First is trading the process of the trading in the crypto market second is purpose. We will differentiate between them by the purpose behind the concept third is volatility.

In this we will compare the performance and a volatile nature in the crypto market and the fourth and the last one is users and marketplaces. In this we will look into the difference between their users as well as the marketplaces.

They ‘reactively used trading NFTs are bought and traded online and are managed in digital ledger. Therefore they cannot be traded for one another for example instead of purchasing a physical photograph to hang on the wall.

 Reference URL: What are the Difference between NFTs and Cryptocurrency?

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Most Popular NFT Marketplace | Lexit for Creator

There are many platforms where anyone can register and sell or buy unique items. So thus LEXIT is also a Most Popular NFT Marketplace where any creator can easily sell his music, arts, and other unique items. For more info or any query about NFT Marketplace visit the site.

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Which is the Best NFT Marketplace for Beginners?

For creators right now there is a gigantic opportunity gigantic. It's very new very misunderstood people like log an Paul have made five million dollars in a week from it. And musicians like grimes have also made millions selling with NFT Music Marketplace to her following [Applause][Music].

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Which is the Best NFT Marketplace for Beginners?

For creators right now there is a gigantic opportunity gigantic. It's very new very misunderstood people like log an Paul have made five million dollars in a week from it. And musicians like grimes have also made millions selling with NFT Music Marketplace to her following [Applause][Music].

So I'm gonna get you up to speed with what that is what is an NFT stands for non-fungible token. What the heck does that mean well non-fungible means a unique item that you can't replace with anything? So the Mona Lisa for example that's non-fungible because there is one of them and we all agree there is one original Mona Lisa right and that gives the painting loads of value.

Because it's very famous and there is a demand for it. Non-Fungible Tokens give anything in the digital world. The ability to be non-fungible like the Mona Lisa because of the way information can now be stored on blockchain. So you can take this instagram post you can copy and paste it and make millions of copies in fact that's exactly what they do witht he Mona Lisa too.

When you think about it you can get a print of it even a very good painted version but it's still not the original is it with NFT Marketplace. Though they enable you to take this image and say this image here is the original it's the Mona Lisa hanging in the art gallery version and anyone who screenshots. It has a copy but this here file is the original nothing else.

So because of this anything digital can now become an original but how well the process is called minting. So you can take a digital file a jpeg a gif an mp3 and mp4. You can do what's called minting it and then sell it on an NFT marketplace minting takes the digital file and then puts it on the ethereum network and stores it as a non-fungible token. So it's like a big safety deposit box which can't bealtered and that holds the file.

The movement of this file can then betracked forever ensuring that you can always see that it's the original item it's very similar to how most valuable art is stored. But with traditional art security has an eye on it all time just stands there looking at it to make sure no one steal sit with NFTs. There's no need for human watching and tracking because the blockchain will do all of this for you. I get this is a little bit hard tounderst and a little bit mind-blowing but basically Top NFT Marketplace NFTs mean anything digital can have a one true original version.

And that means things like digital art your music. Your social media posts anything you have online can be an original. And therefore can have value and a tremendous amount of value at that too. So jack dorsey recently turned his first ever tweet into an NFT and sold it for 2 million which is crazy. But someone now owns a very historical part of the internet's history legally I'd really recommend you try to stay open-minded.

Because you could be looking at a life-changing event here for example musicians can now sell their original mp3 of a song to their top fans for top money writers can sell their original digital books. Gamers can buy land in games which they will then own they can build things on make their own characters and then sell them and these things will have worth because there will be demand and they will be unoriginal and what makes this even cooler is when you put an NFT up for sale.

You can actually set a percentage that you earn. When someone resales that NFT so you could sell something for 1 000 and say I want 10 of the resale and then when the resale happens you make that money which you just don't get in traditional sales in the real world. So that's the basics of NFTs now what you need to do is start making your own and then selling them. And there are some platforms out there that make it incredibly easy to buy and sell and these are known as marketplaces.

Reference URL: Which is the Best NFT Marketplace for Beginners?

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How Do I Release My Music as NFT?

Non-Fungible Tokens or nfts are one of the biggest things to happen. So far in 2021 artists and musicians have crowded into the space everybody started creating their own works of art. 

And selling their music and all kinds of stuff and as someone who is fascinated by crypto and music by NFT Music Marketplace. I've been paying close attention to what's been happening with NFTs and so last week.

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Top NFT Marketplace - Sell Music NFT Marketplace

If you are searching to sell your music as digital assets so you can register on Top NFT Marketplace. Here you can sell your unique items and earn more money. For more info or any query about NFT Marketplace visit the site.

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How Do I Release My Music as NFT?

Non-Fungible Tokens or nfts are one of the biggest things to happen. So far in 2021 artists and musicians have crowded into the space everybody started creating their own works of art. And selling their music and all kinds of stuff and as someone who is fascinated by crypto and music by NFT Music Marketplace. I've been paying close attention to what's been happening with nfts and so last week. I decided to test my hand at this and I made a few of my very own nfts and in this video. I'm going to show you exactly.

I've released so far and I made several versions of them and uploaded them to a platform called open c. So if you do have questions or if that just sounds like the kind of community you would like to be a part of. You have to create a file that you want to sell now people are selling all kinds of things. People are selling original works of art they're selling videos some people are selling the exclusive rights to songs. I decided to sell trading cards. I wanted to create a series of trading cards based off of the cover art for my releases and I'm making a limited set of each one.

So I've created seven custom trading cards with the ultimate goal of creating a series of 10 and there are only 100 copies of each card that will ever be available in circulation. And you can make all these rules when you upload your file and create you actually meant is what it's called mint your token. So here's an example of one of the cards that I made this is based off of my most recent release holding on and as you can see the file is just a gif file of this trading card style gif just bouncing up. And down and it's got a little animation to it so it looks cool and catches your eye on NFT Marketplace.

And I made one for each of my releases that has vocals in it that. I have dropped so far on spotify so here's one for lions and so on and so forth now before you can upload anything to open c. I chose to use is a wallet called meta mask is a great ethereal wallet it connects to everything. And it has a chrome extension so what you want to do is go to meta mask's website download the mobile app for your phone get everything set up there. And then if you're using chrome which I suggest that you do for this I'm using chrome go to the chrome web store and download the meta mask extension for chrome.

This is going to allow you to connect directly to the nft market place platform and get everything organized through there this is kind of like it's both your wallet to hold your currency in that you're gonna have to pay some fees in. And it's also what you use to authorize transactions and sign in essentially. So once you've created a piece of art or a song or whatever it is you want to sell for me with Most Popular NFT Marketplace.

It was a gif and then you've downloaded your meta mask wallet and you've installed the meta mask chrome extension. You're going to have to get your hands-on some earth and put it into your wallet. Because you're going to need it to pay for transactions. I recommend starting with about 100 bucks worth that should be plenty to cover everything that you need to pay for to mint stuff.

Reference URL: How Do I Release My Music as NFT?

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NFT Marketplace Website | Top Art & Music Marketplace

If you are looking for an NFT Marketplace Website this the best place where you can sell or buy your music and art. In 2022 NFTs is growing fast and if you are a creator then you can earn money more with the help of Top Art & Music Marketplace. For more information about NFT Marketplace visit the site.

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How Much Does Mobile App Development Cost in 2022?

So what does it cost to develop a mobile application. There have been asked this question hundreds of times. And developing a mobile application that's quality and really impacts your business. So paramount in a mobile generation that we're living in. Mobile App Development Company can cost anywhere from thousands of dollars to millions of dollars. And I’m going to get into the formulas of how leading mobile app developers across the world are using to calculate the cost of a mobile application and what you can do to impact that cost in a positive way.

If you're an entrepreneur thinking about developing a mobile application for your product or company. When thinking about a mobile application usually tear it down into four different sections. There's the front endor the front end visual portion of the application. This is typically what's on the mobile application itself there's the back end of the application.

This is what happens on the server. This can be storing of information or retrieving of information then there's the design portion of the application how that application looks feels the user experience. The design of that product and lastly the testing the quality and how much you spend on quality and design. Those are two elements that don't often get talked about but those elements can really significantly impact both the quality of the application and how much money you're spending.

So let's take a simple example of Mobile App Development Services that really has just three screens. It may have a login screen so you have to enter a username and password and hit submit. It may have a profile screen that may have the profile of the person who's logging in. And it may have an upload photo screen so very simple application doesn't do a lot. Now you'd break that application down into its components. So what would it take an engineer to code the front end portion of a login screen and that may be something that could be done in a couple days.

To what would it take to develop the profile section of the application again retrieving information from the server again may be. There's a name and profile picture a little bit of information you want to retrieve from the server and then lastly taking a photo and uploading it in even tha tsimple type of application. There's going to be a lot of things to think about do you have to log in with apple. They’re going to be a different login flow on android than on iphone.

So all these little gotchas go into the estimation and more experienced engineering firms will think through some of those scenarios. Even prior to starting an application more junior firms may or may not take those into consideration. So really make sure you understand the requirements and what your application has to do before diving in and asking for estimates. Now because talent is very diverse and global talent especially is very diverse.

You'll see arrange of prices for development firms from 200 300 an hour by Top Mobile App Development Company. Work to20 to 50 an hour for offshore development work and you'll see everything in between and this is really based on the quality of the engineers. The seniority of the engineering talent and seniority of the design talent that's working on a particular product.

Reference URL: How Much Does Mobile App Development Cost in 2022?

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How to Buy and Sell NFTs For Making Huge Profits?

NFTs are so hot right now but they can be a little bit confusing. So I want to do my part here and show you step by step how to buy an NFT and list my very own NFTs for Sale Online at NFT Marketplace . So by the end of this video you should feel like in nft. For more info or any query visit the site.

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How to Buy and Sell NFTs For Making Huge Profits?

NFTs are so hot right now but they can be a little bit confusing. So I want to do my part here and show step by step me buying an nft and listing my very own nfts for sale online at NFT Marketplace. So by the end of this video you should feel like in nft. So we're going to start with the basics of what an nft is what they do and why people are buying them. And then we'll dive into the step by steps right after that and hey you know some nfts are selling for tens of thousands of dollars.

So maybe you'll watch this you'll understand what's going on and you'll be the next big nft millionaire that'd be pretty cool. First off what is an nft this stands for a non-fungible token but what exactly does that mean fungible means the ability of a good or an asset to be interchangeable with another individual good or asset of the same type.

So an asset that is Most Popular NFT Marketplace is the best kind of asset to use in commerce the prime example of a fungible asset. If someone gave you a 100 bill and you gave them back 520s no one loses no one gains anything because cash is fungible the same thing would be true. If you gave me an ounce of gold and I gave you back a different ounce of gold. They're both worth the same they are interchangeable for one another. Now an on-fungible asset is one that cannot be substituted identically for another asset so if me and you were to trade cars even.

If the car was the same model in year it would not be fungible because one of us could have a manufacturer defect or may be yours rides a little bit better but the gas in your car that would be fungible because it's interchangeable other more traditional. Non-fungible assets include real estate art work and now encrypted digital token.

NFT Music Marketplace now the word token in the case of non-fungible tokens refers to a digital certificate stored on a block chain in the exact same way that your favorite crypto currency is stored on a public ledger. So an nft is a digital asset that can't be substituted for any other digital asset and it's publicly verifiable. Now you might be thinking why would I pay 100 or 1million dollars for something that I could literally just screenshot and have for free in my phone and that's a great question.

It really comes down to the verifiable ownership collections and social status so just like most expensive things. They're generally purchased in some way as a status symbol and then as everything are turning more and more to the online world. It's just a natural extension for people to want status in this world that they live in the digital world where we spend most of our time frankly.

Reference URL: How to Buy and Sell NFTs For Making Huge Profits?