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Top 7 NFT real estate marketplaces

The NFT real estate market is similar to other NFT developments. In a certain metaverse, you own a piece of land rather than a photograph or a video. Consider NFT real estate firms if you’re looking for a fresh way to invest in real estate. 

 1. The Sandbox

THE WHAT?

The Sandbox is a cutting-edge virtual environment powered by Ethereum blockchain technology

Users may create custom video games from the ground up using commercially available or pre-built building pieces

You must utilize $SAND, the platform’s utility token and money, to purchase real estate and other assets from their marketplace

Being able to construct virtual experiences like dioramas and games and place items like buildings, cars, or furniture gives purchasing land on Sandbox a lot of options

2. Decentraland

THE WHAT?

You have the option to purchase virtual land and create a virtual neighbourhood

Within this online environment, you can explore, communicate, and play games

Once you have land ownership, you are free to build whatever you choose

It could be a dynamic game or a still image

In Decentraland, users can conduct trades and monetize their properties through a virtual economy, moreover, you can lease them out or sell them at auction

3. Cryptovoxels

THE WHAT?

A well-known and reliable marketplace for digital property is Cryptovoxels

Approximately 80% of the land offered for sale has already been developed

From the site menu, you can select particular land areas

If any of them appeal to you, choose them and add them to your virtual wallet

Because of the pixelated graphics, consumers find Cryptovoxels World to be intriguing and attractive

4. Polka City

THE WHAT?

Users of Polka City can claim ownership of numerous virtual places

It has the potential to generate a lot of money

Compared to other markets, joining Polka City is a straightforward process

It can be accessed without opening another blockchain wallet

Every place is an NFT with real value that enables you to make money

5. SuperWorld

THE WHAT?

You can choose from more than 64 billion plots of virtual real estate in SuperWorld

You can have whatever you could be interested in, including historical sites, stadiums, and scrappers

It enables you to locate a piece of real estate that is special to you

This will enable you to virtually create a world of your own

You can trade these digital assets and purchase and sell them, SuperWorld offers you the chance to acquire a one-of-a-kind, irreplaceable, and digitally rare piece of land

6. AtomicMarket

THE WHAT?

You can create your digital assets using AtomicMarket

Through this platform, you can create a property in addition to buying and selling one

The users can place bids and make purchases on these virtual lands based on their preferences

Then you may market them and draw in a large audience, it is a market for distributed liquidity

In other words, it is simultaneously utilized by several websites

7. Upland

THE WHAT?

Due to its appealing visuals, Upland has recently been a favorite among NFT fans

Users have access to a dynamic designed ecosystem

They can also trade properties and run in-game businesses

Upland is mapped in accordance with the real-world addresses where gamers can purchase and sell virtual property

If you buy a property in this area, you will always own it unless you sell it, you can also exchange your winnings for actual US dollars

REFERENCES:

https://www.nftsstreet.com/best-real-estate-nft-marketplace/

DISCLOSURE:

None of these articles constitute financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links are included in these articles, and signups through them are highly appreciated. These links support better research, quality writing and help you find products with less hassle and at times with discounts included, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for our newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe, if you feel we are bothering you.

Please do follow, like and engage with all our Medium blogs/publications at these links:

NFTs: https://medium.com/@NiftyRevolution

Crypto: https://medium.com/crypticpedia

Property: https://medium.com/@buypropertyeasy

Software and Tech: https://medium.com/@quanticoresol

If you found our articles beneficial please donate to the ETH crypto address magnolius.eth or via traditional fiat by buying us a coffee at https://www.buymeacoffee.com/niftyrevolution or ko-fi.com/infolius.

We are not eligible for Medium Partnership simply because of our location :( nor are we able to monetize our content in any other way except affiliate links, which isn’t so great too. Your donations will be put to good use to help create better content and keep us jolted to strive for the best :)

[niftyrevolution]

Top 8 NFT Investment Funds

1. Sfermion (Fund 1)

THE WHAT?

Sfermion, an investment company specializing in the metaverse, was established in 2019

By investing in the entrepreneurs, businesses, and protocols building the environments and infrastructure that will serve as the foundations of their digital future, they hope to hasten the emergence of the metaverse

2. Meta4 NFT Fund 1

THE WHAT?

They are an investment business that takes a thesis-driven approach to investing in the immersive internet, with a focus on how blockchain technology reimagines how “value” might be created and transmitted

They think non-fungible tokens are the entry point to a successful Web 3.0

3. 1confirmation

THE WHAT?

1confirmation, a top cryptocurrency investment firm with over $1 billion in assets under management, was founded in 2017

With investments in companies like Opensea, Coinbase, dYdX, and many more, 1c focuses on being a great partner for founders while making investments at the cutting edge of the cryptocurrency market

4. NFT Fund (by Wave Financial)

THE WHAT?

Their goal is to serve as a link between conventional asset management and the cutting-edge technology underlying digital assets and blockchain

Wave Financial does this by bringing together creative individuals, intelligent investors, and forward-thinking ideas to assist investors in realizing the full potential of digital assets

All information about their funds, risks, and legal framework is openly disclosed to all investors

5. Arca NFT Fund I (by Arca)

THE WHAT?

The Arca NFT Fund I, which had a $50 million maximum and was only accessible to current Arca LPs, was announced today by Arca, an asset management company that specializes in investing in and inventing in digital assets

The Endeavor Fund, an early-stage, closed-end venture fund with a focus on funding creative founders across multiple facets of the ecosystem for digital assets, was introduced by Arca in October

The flagship Digital Assets Fund and the Arca Digital Yield Fund, the first actively managed income fund in the digital assets market, are now joined by the Arca NFT Fund I, bringing the total number of hedge fund products available from Arca to four

6. Curated

THE WHAT?

NFTs open up a brand-new avenue for internet-scale cultural investment

Curated gathers the best resources and occasionally works directly with the artists who created them

The NFT asset fund Curated, founded by Andrew Jiang and Todd Goldberg, is supported by many of the top investors, developers, and builders in the market right now

7. Delphi INFINFT

THE WHAT?

NFT’s are redefining digital ownership rights, as well as how creators are connecting with their communities

There is supporting infrastructure that needs to be constructed in parallel with the expansion of the NFT market

This fund aims to identify the protocols that are advancing the NFT area and creating the required infrastructure

The top teams in the NFT industry will be identified, and they’ll work to provide them with the tools they need to thrive in the ecosystem

8. Kutoa Capital

THE WHAT?

Dean and Maxwell Karlan, a father-and-son team, are the principals of the digital asset investing company Kutoa Capital

They’ll be entering the digital market in 2022 and assisting clients with investing in digital assets with an emphasis on non-fungible tokens (NFTs) and cryptocurrencies

Kutoa will employ a wide range of techniques, both short- and long-term, quantitative and subjective, in its goal to become a pioneer in the field of investing in digital assets

REFERENCES: 

  1. https://collectiveshift.io/nft/nft-funds-and-collector-dao-list/

DISCLOSURE:

None of these articles constitute financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links are included in these articles, and signups through them are highly appreciated. These links support better research, quality writing and help you find products with less hassle and at times with discounts included, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for our newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe, if you feel we are bothering you.

Please do follow, like and engage with all our Medium blogs/publications at these links:

NFTs: https://medium.com/@NiftyRevolution

Crypto: https://medium.com/crypticpedia

Property: https://medium.com/@buypropertyeasy

Software and Tech: https://medium.com/@quanticoresol

If you found our articles beneficial please donate to the ETH crypto address magnolius.eth or via traditional fiat by buying us a coffee at https://www.buymeacoffee.com/niftyrevolution or ko-fi.com/infolius.

We are not eligible for Medium Partnership simply because of our location :( nor are we able to monetize our content in any other way except affiliate links, which isn’t so great too. Your donations will be put to good use to help create better content and keep us jolted to strive for the best :)

[niftyrevolution]

Top 9 NFT Collector DAOs

1. Flamingo

THE WHAT?

In order to investigate new investment options for ownable, blockchain-based assets, Flamingo is an NFT-focused DAO

NFTs don’t solely include cat images, they include tangible items such as in-game items, collectibles, and digital artwork

The creation, monetization, and encouragement of online digital content will increasingly benefit from the contribution of these new types of intellectual property

Because NFTs are non-interchangeable, they create a new kind of scarcity in the digital sphere

2. NEON DAO

THE WHAT?

NEON will support and further develop the metaverse’s vision

Virtual worlds with infinitely expandable economies and digital identities, as well as its own architecture, avatars, and events, are what the internet will look like in the future

The collective NEON exists to assist this expanding ecology

3. Fingerprints DAO

THE WHAT?

A decentralized autonomous organization (DAO) that promotes blockchain art is called Fingerprints

They collect works of art that investigate the inventive potential of blockchain technology

Leading digital artists receive commissions and support from the DAO for their latest works

As of right now, Fingerprints is home to 26 Autoglyphs, the third-largest collection in the entire world

The DAO quickly broadened its scope to include collecting important smart contract-based works of art by a variety of artists

4. Poseidon NFT DAO

THE WHAT?

Poseidon NFT DAO, which invests in the crypto space, is The Fund With The Greatest Potential and is ready to seize the greatest new financial opportunity in recorded history

This DAO class adopts a long-term perspective and focuses on the top NFT art investments

The selection method is based on ongoing NFTs market analysis, with a global consideration for artists, to never miss an opportunity

The goal is to purchase a diversity of artworks from well-known artists and collectibles from coveted collections

5. ReidarDAO

THE WHAT?

With more than 75 partners, ReidarDAO is an investment group with a focus on distributing capital to non-fungible assets and cryptocurrencies

They have weekly meetings, talk every day, and advance together

ReidarDAO membership is by invitation only, but they are actively seeking the most aspirational, driven, and passionate individuals who want to shape the future of web3

6. Arts DAO

THE WHAT?

The following 3 pillars make up the collectors DAO and Web 3.0 business known as Arts DAO:

Community — Largest Web 3.0 Community in the Middle East

Consulting — Web 3.0 Consulting & Advisory

Capital — Group Investments in Capital & Art Collection

The Arts DAO community events, which are hosted regularly at upscale locales in Dubai and bring together a group of senior futurists, entrepreneurs, collectors, investors, and artists, will be open to token holders

Members are given access to complimentary food and beverages

7. PalmDAO

THE WHAT?

The goal of PalmDAO is to advance the metaverse, the greatest NFTs are gathered, and they use them to build game-ready assets

Consider avatars, structures, music, wearables, cars, weapons, emotes, and a wide range of other things

These resources are accessible to DAO members in Nifty Island and other virtual environments

Consider PalmDAO as a collective of forerunners in the metaverse, a DAO for collecting, and a decentralized studio for outstanding game-ready assets all in one

8. RAW DAO

THE WHAT?

A decentralized autonomous organization (DAO) called RAW was founded on the Ethereum mainnet with the aim of establishing new standards for curating, gathering, and advancing NFT photographs

It started out as a Fingerprints DAO incubator but has since grown into its own community

9. GrailersDAO

THE WHAT?

A community called GrailersDAO is dedicated to promoting and collecting expensive “grail” NFTs (with a particular affinity for generative art and Art Blocks)

They want to help the generative art community as a whole and individual generative artists

The ultimate form of generative art, NFTs, are what GrailersDAO seeks to collect, they are known as “grails”

REFERENCES:

https://collectiveshift.io/nft/nft-funds-and-collector-dao-list/

DISCLOSURE:

None of these articles constitute financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links are included in these articles, and signups through them are highly appreciated. These links support better research, quality writing and help you find products with less hassle and at times with discounts included, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for our newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe, if you feel we are bothering you.

Please do follow, like and engage with all our Medium blogs/publications at these links:

NFTs: https://medium.com/@NiftyRevolution

Crypto: https://medium.com/crypticpedia

Property: https://medium.com/@buypropertyeasy

Software and Tech: https://medium.com/@quanticoresol

If you found our articles beneficial please donate to the ETH crypto address magnolius.eth or via traditional fiat by buying us a coffee at https://www.buymeacoffee.com/niftyrevolution or ko-fi.com/infolius.

We are not eligible for Medium Partnership simply because of our location :( nor are we able to monetize our content in any other way except affiliate links, which isn’t so great too. Your donations will be put to good use to help create better content and keep us jolted to strive for the best :)

[niftyrevolution]

Top 8 coins based on NFT projects

1. Chiliz (CHZ)

THE WHAT?

The largest non-exchange blockchain platform in the world, Socious, only uses Chiliz (CHZ) as an NFT coin. CHZ is well-known for its fan tokens, which fans may use to support their favorite sports teams

Additionally, it is a utility token that may be used to access AR-enabled features, forums, and special promotions, buy VIP prizes, and take part in network voting

Some of the best sports leagues in the world, such as AC Milan, Manchester City, Juventus, etc., have partnered with Chiliz

The Fan Token Offering (FTO) allows each team using Chiliz technology to issue a finite number of fan tokens, making the NFT coin rare and in high demand among sports enthusiasts

2. Decentraland (MANA)

THE WHAT?

Recently, there has been a lot of enthusiasm surrounding MANA coins

One of the two NFT coins utilized in Decentraland, a popular NFT game platform, is MANA

The Decentraland Marketplace is where MANA tokens are most frequently used for transactions

An Ethereum-based gaming platform called Decentraland also features a marketplace where you can buy games, apps, 3D graphics, and various in-game missions with NFT currencies as rewards

Users may also trade other in-game items on this market, like avatar clothing, LAND, estate, and numerous other things

The DAO, which is regulated by smart contracts, is responsible for managing the Decentraland Marketplace

3. The Sandbox (SAND)

THE WHAT?

SAND is the following NFT coin

On the blockchain-based Sandbox platform, payments can be made using the utility token SAND

A play-to-earn virtual world called The Sandbox allows you to monetise your time for limitless content production and immersive entertainment

Users can build new digital game assets and trade them in the Sandbox using SAND as NFT currencies

This can be achieved by using Game Maker to integrate their digital voxels into games after creating their digital voxel assets using NFT, uploading them to the Marketplace

4. WAX (WAXP)

THE WHAT?

The 2017 debut of the WAX (WAXP) blockchain makes e-commerce transactions faster, simpler, and more secure

The Delegated Proof-of-Stake (DPoS) consensus algorithm used by the WAX blockchain is completely compatible with EOS

In order to optimize the value of the blockchain for e-commerce, WAX has built its own features and incentive systems of WAXP currencies

The other objective is to encourage people to vote on each and every platform-related proposal

Indeed, WAXP is an NFT coin that may be used to purchase NFT, video games, and digital collectibles

Since WAXP coins were added to prominent trading platforms, their price has significantly increased

5. Tezos (XTZ)

THE WHAT?

An NFT token named “Tez” powers the open-source blockchain Tezos (XTZ)

Tez employs the proof-of-stake (PoS) consensus rather than mining to reward token holders, in contrast to other notable crypto assets

Tezos also has a distinctive governance system

The mining community and developer teams were mostly in charge of making decisions when it came to the design of early blockchains

6. THETA

THE WHAT?

Theta Network produced the THETA NFT coin, which may be staked by those interested in joining a Validator or Guardian node

A blockchain-based infrastructure called Theta Network supports independent video streaming services

Theta Network celebrated NASA’s tenacity in the Mars rover landing on February 18, according to the CryptoSlate website

It’s interesting to note that Theta Network will create NFTs with a NASA theme that can only be gathered through its live streaming website, Theta.tv

THETA has a finite supply of 1 billion in market circulation, similar to other crypto assets

7. GALA

THE WHAT?

The native token of Gala Games, a collection of blockchain games owned by players, is GALA

NFT owners can have an impact on how games are governed inside the Gala Games ecosystem

The GALA token serves as both the governance token and a means of purchasing in-game goods such as upgrades and other stuff

As of February 22, 2022, Gala Games (GALA) has a $0.25 price tag and a $1.55 million market cap

8. ENJ

THE WHAT?

Enjin is a firm that develops blockchain gaming solutions that make it simple for anyone to create, trade, monetize, and market using blockchain

Enjin currency is one of their projects

The value of blockchain assets like NFTs is backed by ENJ, a digital store of value, enabling in-game items real-world liquidity

REFERENCES:

https://zipmex.com/learn/nft-coins/

https://www.binance.com/en/blog/fiat/5-most-popular-nft-coins--how-to-buy-them-421499824684903486

DISCLOSURE:

None of these articles constitute financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links are included in these articles, and signups through them are highly appreciated. These links support better research, quality writing and help you find products with less hassle and at times with discounts included, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for our newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe, if you feel we are bothering you.

Please do follow, like and engage with all our Medium blogs/publications at these links:

NFTs: https://medium.com/@NiftyRevolution

Crypto: https://medium.com/crypticpedia

Property: https://medium.com/@buypropertyeasy

Software and Tech: https://medium.com/@quanticoresol

If you found our articles beneficial please donate to the ETH crypto address magnolius.eth or via traditional fiat by buying us a coffee at https://www.buymeacoffee.com/niftyrevolution or ko-fi.com/infolius.

We are not eligible for Medium Partnership simply because of our location :( nor are we able to monetize our content in any other way except affiliate links, which isn’t so great too. Your donations will be put to good use to help create better content and keep us jolted to strive for the best :)

[niftyrevolution]

Benefits and Risks of Fractionalizing NFTs

Fractionalized NFTs are a traditional but dangerous investing strategy updated for the blockchain era. Investors purchase a portion — often referred to as a “shard” — of a pricey NFT or a portion of a sizable NFT collection through fractionalization. Lets see the Benefits and Risks of Fractionalizing NFTs through this article.

Benefits of Fractionalizing NFTs 

1. Quick estimation of value

One can easily determine the market value of unique tokens with the help of F-NFTs

In order to determine the worth of a piece of digital art that you own, all you have to do is divide the NFT that goes with it into multiple pieces and sell a few tiny fractions

This will assist you in determining the item’s overall cost

2. High liquidity

Fractional NFTs can easily get around the liquidity problems that expensive NFTs have

If you wish to sell a really expensive product that you possess, you could have to wait a while because not every investor will have the necessary funds on hand

You can divide an ERC-721 token into smaller fractions and then sell the resulting ERC-20 tokens for a lesser price

This can fix the liquidity problem and make the asset more attractive to investors

3. Democratizing investments and easy monetization

Investors with limited resources may be drawn to fractionalized tokens because they give them more possibilities to buy valuable assets in a secure manner

4. Curator rewards

The participant in the token sale is eligible to receive curator incentives, which are an additional sum each year

This makes it possible for people to make more money and improves the lives of artists who might not be blockchain experts

5. DeFi integration

Because fractional NFTs may be integrated with staking, yield farming, and dexes because they are effectively ERC20 tokens (a standard for developing and issuing smart contracts on the Ethereum network)

Risks of Fractionalizing NFTs 

1. The reconstitution problem

Reconstitution can be problematic if you just control a portion of an NFT, It is easy if you possess a whole NFT

It is completely yours, and you are free to sell it whenever you choose

It might not be possible for you to use even a small portion of an asset in a particular name if you only control 50% of it

You will be in danger if you sell a buyer 50% of that asset and they later decline to sell it back to you

What can be done, then? A method for reassembling fractions into the original NFT must be provided by fractionalization methods

2. Buyout auctions

The reconstitution issue can be resolved by buyout auctions

Why then are buyout auctions considered “a necessary evil”? It basically means that even if a single shard of a fractionalized NFT is destroyed, the remaining shards still retain some of their value

In the event that one of the 100 shards belongs to an owner is lost soon after it is minted, they can launch a buyout auction and place the winning bid to recover the NFT, receiving 99% of the revenues back

3. Undesired buyouts

But it’s important to remember that unforeseen buyouts do occur

There is a potential that no one will be able to gather enough money to bid fairly on an NFT if it is valuable enough

4. Recurrently Issued Collectively Kept Shards (RICKS)

In addition to providing a different approach to the reconstitution issue, RICKS also avoids the liquidity and coordination problems associated with a full buyout

How does it function? In contrast to an all-or-nothing buyout auction, the protocol instead releases new RICKS at a set rate, or a certain percentage every day, week, or month, for a given NFT

The revenues from the sale of the new RICKS for ETH at auction go to the current owners of RICKS

REFERENCE: 

 1. https://10clouds.com/blog/defi/fractional-nfts-explained-benefits-and-risks/

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

Top 10 NFT Use Cases Beyond Digital Artworks

There’s no doubt that NFT has been a game-changer for artists, who can now create and sell their work directly to fans. The Top 10 NFT Use Cases Beyond Digital Artworks will cover in this article. 

1. Ensuring Authenticity of Products

NFTs can be used to verify the authenticity of the product you are buying

Due to the blockchain’s ability to retain product information forever, physical products will soon be able to check their rarity and validity as well

In order to guarantee fair trade, NFTs can also be used to store data regarding the manufacturing process

NFT applications extend beyond consumer goods as well

Numerous businesses have already used NFTs successfully for industrial design prototypes

2. Real Estate

Real estate and NFTs go hand in hand

With the use of timestamped NFTs, land documents can be transferred, ownership can be established, and property value changes can be tracked over time

One of the industries that are most NFT-ready is the real estate market

While safeguarding sensitive information like credit card numbers, NFTs can be utilized in the real estate industry to streamline and expedite transactions, enabling smart contracts for properties (allowing automatic payments), or even build decentralized house rental services

3. Medical Records and Identity Verification

Since NFT transactions are validated on multiple nodes before being added to the blockchain permanently, they can be used to store a person’s medical records without compromising confidentiality or running the risk of outside tampering

This ensures that every record is accurate and safe from malicious attempts at manipulation

Healthcare providers can provide NFT Birth Certificates to newborns as one example of the NFT applications that have been created expressly to help them

The creation of one of these NFTs for every child can be a rapid and efficient way to link their birth certificate to their lifelong identity on the blockchain, which is later validated by NFT verification apps

4. Intellectual Property and Patents

NFTs are excellent for safeguarding patents and intellectual property

Additionally, NFT tokens enable users to demonstrate their ownership of any piece of content, something that is not achievable with conventional IP rights instruments like trademarks and copyrights

With the use of timestamps and the IP’s full history, it is possible to identify the owner of a certain IP

The immutability of the NFT chain would allow the owner to always demonstrate that they were the original author of a piece of art

5. Academic Credentials

NFTs are a useful tool for displaying academic credentials

The information saved on the NFT chain, which cannot be changed or hacked into, will serve as proof of attendance, degree achieved, and other significant information

By distributing tokens for each course finished and certifying any degrees achieved using smart contract verification methods, NFTs may build immutable records for the courses taken

The practice of issuing paper certificates will become obsolete in the future

NFT education tokens can be transferred to other people, providing them with confirmation that the person holding it earned an NFT, and will be used as a record of academic success

6. Supply Chain

However, NFTs can be tied to a product via the blockchain, giving it a non-tamper-proof NFT identity

This is a prime illustration of how NFTs and the supply chain may function together

NFTs can also enable businesses to track their items from production through shipping and delivery

Customers can see what they are paying for thanks to this, and the supply chain of a business is kept transparent

7. Gaming Industry

The gaming business and NFTs go hand in hand

By enabling NFT cross-platform playability, NFTs can be integrated into the game industry

Game players are more motivated to continue playing a game if they already own characters or objects within it thanks to NFTs, which provide game producers with another chance to grow their brand and generate another source of income

Since NFT objects in games can vary in degree of rarity, NFTs also make trading in games easier, which can also boost the value

Due to the absence of an intermediary and the instantaneous nature of blockchain transactions, NFT owners won’t need to worry about scams

8. Ticketing

In the very near future, NFTs will take the place of tickets

NFT “tickets” that have been given a specific ID might be used in place of parking passes while entering the restricted area to serve as validation

The NFT owners just require one token instead of several copies of it, which eliminates difficulties with fraud and reduces paper usage

The same idea applies to other modes of transportation, such as bus tokens, where payment verification is done via scanners at several places along the way

9. Artwork Tracking

A lot of art was destroyed after World War II, and some were taken by people, organizations, and other entities, while others were replaced by fakes

Old masters’ original works of art will soon be able to be tracked via NFTs

NFTs can be converted into physical works of art, and vice versa

It can assist in determining an item’s authenticity and lessen or eliminate the circulation of fake art

This guarantees NFT owners that their item is genuine, particularly if they purchased it from an auction house

10. Voting

When heading to the polls to cast their ballots, voters are frequently required to present a photo ID and proof of domicile

However, a lot of people are losing their voting rights because they lack copies of their IDs or any other kind of proof of their address or voter registration

Consider integrating voting with NFTs

NFTs could assist in resolving this issue by giving those without physical paperwork proving their identity and place of residence in the nation a digital identity

As NFTs will act as an official record of people who voted and their votes, this will also aid in the elimination of voter fraud and cheating

REFERENCE:

https://www.hongkiat.com/blog/nft-use-cases/

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

Top 10 NFT Platforms in Europe

In Europe, NFT marketplace is booming, and there is a lot of money and millions of people watching to enter the expanding NFT market. This article reviews the best NFT platforms in Europe. 

 1. BitKeep                                                                                                           THE WHAT?

In a single location, BitKeep integrates Wallet, Swap, NFT Market, DApp, and Discover as the best decentralized multi-chain digital wallet in Asia

With a user base of approximately 5 million users spread throughout 168 nations and areas, BitKeep established a strategic alliance with several of the top 30 mainnets, becoming their official wallet

With support for more than 220,000 tokens, 1,000,000 NFTs, 10,000 DApps, and 70+ mainnets, BitKeep is committed to building the biggest Web3.0 gateway on the planet

In order to offer a wide variety of services, including mainnet launch, DEX and DApp support, NFT management, all-platform traffic assistance, and large-scale campaigns, BitKeep closely collaborates with key mainnets

2. Blockparty THE WHAT?

Blockpartys’ Web 3.0 toolkit enables companies and creators to produce verifiably distinctive, interconnected products that benefit and delight their fans both online and offline

Create and manage your NFT -backed Unique Items and Multiple Editions

Directly sell or auction your items, or raise awareness of your own limited-edition Drop

Receive payment in both USD and ETH

Flexible Minting on Blockparty, Ethereum, and/or Flow can lower minting costs and environmental effects

3. NiftyKit THE WHAT?

NiftyKit provides brands and artists with a straightforward software solution for building smart contracts and NFTs on the Ethereum blockchain

Sell NFTs using your NiftyKit Storefront, Opensea, Rarible, or your personal website. Smart contracts can be made by anyone

No coding or blockchain expertise is required

Without programmers or coding expertise, you may personalize and own your ERC-721 Polygon or Ethereum Mainnet smart contract

Select a smart contract to mint your NFT to, connect your Metamask wallet to confirm, and we’ll take care of the rest when you click “Mint NFTs To Your Collections”

4. NFT STARS THE WHAT?

An Australian NFT marketplace called NFT STARS has amassed a distinctive collection of goods and services geared toward artists, fans of digital art, investors, startup founders, musicians, and NFT players.

Each creator included on the platform is either picked by the executive board or chosen by community vote, which is used in the marketplace’s tight selection process

Each artist on the site is given genuine special treatment and receives the team’s and the community’s full attention

5. ART101.io THE WHAT?

A website called ART101.io uses generative NFT collections to examine significant artists and movements in 20th-century art

The NFT collection from ART101.io sticks out among the pricey and careless NFT drops

This promotes an NFT collector who is more discriminating

6. NFT-X THE WHAT?

The platform NFT-X is where digital art is commercialized

It contains classic digital art like movies, images, songs and modern art like 3d animations and images of paintings, tweets, and reels etc

7. Patrn THE WHAT?

Patrn is a platform for crowdfunding NFTs

Mint NFTs in several editions with your friends, artists, and collectors

Find trendsetters or artists to follow, like, and share creative content, and you gain NFTs

When the target is reached, a multi-edition NFT is produced and airdropped to every contributor

Your NFT is accessible to view and trade on OpenSea after the remainder is paid to the artist

8. VeVe THE WHAT?

Limited edition VeVe digital collectibles are available for purchase, sale, and trade using the VeVe app

They can also be upgraded and modified, displayed in virtual showrooms and shared on social media

With VeVe, collectors may continue to proudly showcase their collectibles in the digital sphere

To display your digital valuables and to interact with other VeVe collectors worldwide, create and personalize online showrooms.

Move through your virtual showrooms on your phone like an FPS game, or use augmented reality to make your showrooms come to life so you can actually walk through them

9.BakerySwap THE WHAT?

The first AMM+NFT exchange on Binance Smart Chain is called BakerySwap

Launch your product using BakerySwap, an automated market maker (AMM) model-based decentralized trading platform

Numerous facts point to BakerySwap’s swift expansion inside the DEFI ecosystem

In collaboration with Ankr Staking, BakerySwap is launching new farming pools, such as aETH-BETH and aETH-ETH, using the synthetic derivative asset known as aETH

Holders of aETH will be able to gain from acting as liquidity providers thanks to BakerySwap

10. AtomicHub THE WHAT?

On the eosio blockchain technology, AtomicAssets is a standard for Non Fungible Tokens (NFTs)

Anyone can create and tokenize digital assets using the AtomicAsset standard, as well as buy, sell, and auction them using the AtomicMarket marketplace

Assets are intended to be grouped together in collections, which also manage their rights

They also have a unified schema-compliant data field where you can later add elements like a description or a website URL

This information then enables applications and websites operated by third parties to show more pertinent information about your collection

REFERENCE:

https://sourceforge.net/software/nft/europe/

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

NFT Inspired Fast food Chains

Globally, fast food chains are embracing NFT by creating their own digital tokens. NFT has recently experienced an incredible uptake as crypto-artists, gamers, musicians, and now fast food businesses use the technology in various contexts. Here is a quick reading about NFT adoption in Fast Food chains. 

 1. Taco Bell

Due to the popularity of its Mexican-inspired items, Taco Bell is a well-known fast food chain in the United States

Taco Bell introduced a new NFT collection in a marketing campaign in March 2021, becoming the first fast-food business to provide collector tokens

Some customers pay upwards of 10 Ether (ETH) for a Taco Bell NFT, which has artistic depictions of the fast-food chain's menu items

The restaurant company tweeted that the proceeds from the sale were given to charity

2. Burger King

Burger King, not one to be outdone, announced its entry into the NFT industry by releasing a variety of digital collectibles as part of a marketing campaign called "Keep It Real Meals"

Each Burger King patron will be able to redeem one of three collectible game pieces by scanning the QR code that is included with their meal

A fourth token, which may be a digital collectible, a year's worth of hamburgers, or a call with one of the campaign's celebrity spokesmen, will be given to a player once they have collected all three

3. McDonald’s

The McDonald's China branch will distribute a set of 188 NFTs to its employees and customers as part of a giveaway celebration of the franchise's 31st anniversary despite China's ban on practically everything cryptocurrency-related

The NFTs were developed in collaboration with the digital asset development company Cocafe and feature three-dimensional artistic renderings of the new headquarters for McDonald's China

4. Pizza Hut

An NFT project named "1 Byte Favourites," which consists of digital NFT images of pizza slices, was launched by the Canadian division of Pizza Hut, a fast-food restaurant company well-known for its all-you-can-eat pizza buffet

The business said on March 17 that it would provide NFT photos of a pizza slice every other week

The recipes for each slice and NFT image would vary, and interested customers would have access to the NFTs on Rarible

REFERENCE:

https://cointelegraph.com/news/would-you-like-fries-with-that-fast-food-chains-are-serving-up-nfts

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

Top 10 NFT Platforms in Asia

The Asian NFT marketplace is booming, and there is a lot of money and millions of people watching to enter the expanding NFT market. This article reviews the best NFT platforms in Asia. 

1. BitKeep                                                                                                            THE WHAT?

In a single location, BitKeep unifies Wallet, Swap, NFT Market, DApp, and Discover as the best decentralized multi-chain digital wallet in Asia

With a user base of approximately five million users spread across 168 countries and territories, BitKeep established a strategic alliance with several of the top 30 main nets, becoming their approved wallet (including Polygon, Solana, BSC, ETH, HECO, OKChain, TRON, Fantom, WAX, IOST, AVAX, and zkSync)

With support for more than 220,000 tokens, 1,000,000 NFTs, 10,000 DApps, and 70+ main nets, BitKeep is committed to building the biggest Web3.0 gateway on the planet

2. Blockparty THE WHAT?

Digital products made by your favourite companies and artists

Create a storefront of your own or gather NFTs

Our Web 3.0 toolkit enables companies and creators to produce verifiably distinctive, interconnected products that benefit and delight their fans both online and offline

Create and manage your Non-Fungible Digitally Traceable Unique Items and Multiple Editions (NFTs)

Directly sell or auction your items, or raise awareness of your limited-edition Drop. Receive payment in both USD and ETH

Flexible Minting on Blockparty, Ethereum, and/or Flow can reduce minting costs and environmental impact

3. NiftyKit THE WHAT?

We provide brands and artists with a straightforward software solution for building smart contracts and NFTs on the Ethereum blockchain

Sell NFTs using your NiftyKit Storefront, Opensea, Rarible, or your personal website

Smart contracts can be made by anyone

No coding or blockchain expertise is required

Without programmers or coding expertise, you may personalize and own your ERC-721 Polygon or Ethereum Mainnet smart contract

4. NFT STARS THE WHAT?

A special collection of goods and services related to artists, fans of digital art, investors, startup founders, musicians, and NFT players has been gathered by the Australian NFT marketplace NFT STARS

Every creator included on the platform is either selected by the executive board or voted for by the community, according to the marketplace’s strict selection policy

As a result, each artist using the platform receives genuine unique treatment as well as the team’s and the community’s undivided attention

5. Art101 THE WHAT?

AtomicHubA website called Art101.io uses generative NFT collections to examine significant artists and movements in 20th-century art

By looking into artists like Andy Warhol, Piet Montdrian , and Bauhaus, we hope to make the NFT- scene take notice

The NFT collection from Art101.io sticks out among the expensive and haphazard NFT drops

This encourages an NFT collector who is pickier

6. NFT-X THE WHAT?

The platform NFT-X is where digital art is commercialized

Traditional forms of digital art like songs, images, and movies are included, as well as more contemporary forms like tweets, reels, and images of paintings and 3D animations

7. Patrn THE WHAT?

A platform for crowdsourcing NFTs is called Patrn

Mint NFTs in several editions with your friends, artists, and collectors

Get NFTs, just like content. It’s that easy. With ETH donations, find trendsetters or artists to follow, like, and share creative content

When the target is reached, a multi-edition NFT is produced and airdropped to every donor

Your NFT is accessible to view and trade on OpenSea after the remainder is paid to the artist

8. VeVe THE WHAT?

Limited edition VeVe digital collectables are available for purchase, sale, and trade using the VeVe app

They can also be upgraded and modified, displayed in virtual showrooms, shared on social media

To display your digital valuables and to interact with other VeVe collectors worldwide, create and personalize online showrooms

FPS-style movement through your virtual showrooms on your phone is also possible

Alternatively, you may use augmented reality to make your showrooms come to life so you can actually walk through them

9. BakerySwap THE WHAT?

The first AMM+NFT exchange on Binance Smart Chain is called BakerySwap

Launch your product using BakerySwap, an automated market maker (AMM) model-based decentralized trading platform

BakerySwap is the first AMM+NFT exchange on the Binance Smart Chain concurrently

Numerous facts point to BakerySwap’s swift expansion inside the DEFI ecosystem

In collaboration with Ankr Staking, BakerySwap is launching new farming pools, such as aETH-BETH and aETH-ETH, using the synthetic derivative asset known as aETH

Holders of aETH will be able to gain from acting as liquidity providers thanks to BakerySwap

10. AtomicHub THE WHAT?

On the eosio blockchain, AtomicAssets is a standard for Non Fungible Tokens (NFTs)

Anyone can create and tokenize digital assets using the AtomicAsset standard, as well as buy, sell, and auction them using the AtomicMarket marketplace

Assets are intended to be grouped together in collections, which also manage their rights

They also have a unified schema-compliant data field where you can later add elements like a description or a website URL

This information then enables websites and applications from third parties to offer more relevant information about your collection

Each asset must be a part of a collection, so you should use the createcol action to do so

REFERENCE:

https://sourceforge.net/software/nft/asia/

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

Best NFT Architecture Collections

An NFT is a Digital item that represents both physical and intangible elements, including architectural creations, as the building blocks. Below are a few NFT architectural examples we’ve included in this article. 

 1. Mars House

The premier example of NFT architecture is Mars House, designed by Toronto-based artist Krista Kim

The sale of this house marked the first virtual home on a non-fungible token market

The May 2020-designed Mars House project was entirely built as a 3D digital file produced in the well-known video game production engine Unreal Engine

Virtual reality viewers can see Mars House, But in the future, with applications like SuperWorld, it might potentially be viewed in an augmented reality (AR) setting

2. CryptoHouses

The CryptoHouses is an effort on the Ethereum blockchain to create and store Nft that represents a simple, modern home-building project

An algorithm is developed to design house iterations for the CryptoHouses

An algorithm based on the parameters is used to generate each and every residence

The needs of the initiative are met by each of the CryptoHouses

They are fashioned by constraints, yet they also stand out because of minute differences

Customers can pick to choose a result from the iterations and, each client can so decide for themselves what the project’s outcome will be

3. Aureal

An innovative creative and architectural project called Aureal aims to produce and distribute digital works of art (NFT)

It includes a parametric architectural proposal, that may be realized in the real world

They support an alternative marketing strategy that emphasizes the design skills of a new generation of professionals, who want to restore the connection between the physical and digital worlds by utilizing cutting-edge BIM technologies and the use of the IFC open format

4. Underwater Sculpture

Visual artists Charlotte Taylor and Nicholas Préaud created an NFT artwork based on an OMA sculpture that will be a feature of an underwater park in Miami Beach

To advertise OMA’s ReefLine sculpture park, which will be built off the coast of Miami Beach, the object was sold as a non-functional toy. The sculpture’s exact replica will be part of the underwater park

It was unveiled as a part of Miami Art Week, which also features events like Design Miami and Art Basel Miami Beach

REFERENCE:

https://illustrarch.com/articles/10746-best-nft-architecture-collections.html

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

Top 5 Legal Issues around NFTs

NFTs are not now particularly regulated under the Markets in Crypto-Assets Regulation. Nevertheless, current rules and regulations will apply, and any company issuing, dealing, or exchanging NFTs would need to take into account a number of commercial and legal considerations. Hereby we listed out the top 5 legal issues around NFTs for your knowledge. 

 1. Defining the scope of the NFT

It is crucial that issuers make it clear which rights are “sold” with the NFT

For example, a right to receive or use a certain item or to access benefits could be a contractual right

Clarity up front will help the issuer avoid defaulting on unanticipated rights and potential disputes from buyers who claim the rights being offered were misrepresented

The buyer of an NFT must also be aware of what they are getting

Due diligence on the part of the buyer is required to ascertain the rights and liabilities being bought, especially if they could have an effect on the present or future value of the NFT and the underlying asset

2. Intellectual property rights

Issuers will want to strictly regulate how buyers use any IPR connected to an NFT

In most cases, the issuer will keep all copyright and other IPR, and the buyer will be given permission to show the underlying asset

To protect the issuer’s priceless brand, care must be taken in how and whether IPR is licensed through the sale and subsequent transfer of the NFT

3. Financial regulation

Businesses must determine if selling their NFT for sale is a regulated activity for the purposes of financial regulation and whether their NFT is a regulated investment

Although NFTs are not (yet) specifically regulated, they may result in national and supranational legal duties if they exhibit traits of other regulated investment units

Issuers must show that any NFT they sell is non-fungible in order to prevent it from being categorized as a security token or cryptocurrency and subject to financial regulation

4. Data security and ESG

Compliance with privacy rules will not be a significant factor in the sale of NFTs because it is unlikely that any significant personal data will be disclosed or traded

Data security and NFT transactions in general, though, will be of the utmost importance

Technical teams will need to decide which blockchain protocol will be used, as well as which security and data-sharing standards will be used

5. Contractual

To mint NFTs, issuers frequently work with a third-party technology supplier

The minting agreement must include assurances that IPR and confidential information will be effectively protected as well as a clear definition of the provider’s obligations

Businesses should think about getting an enterprise-grade crypto wallet because they will need cryptocurrency funds to mint NFTs

To ensure that there is sufficient protection available in case of loss or misappropriation of cryptocurrency assets in the wallet, thorough vendor due diligence will be required

REFERENCE:

https://www.osborneclarke.com/insights/what-are-legal-issues-around-nfts

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

Best NFT Minting Bots

There are numerous NFT minting bots on the market right now. It can be difficult to choose which bot is ideal for you, so we’ve put a list of the top four NFT minting bots currently on the market. 

1. Ethfinex NFT Minting Bot                                                                              THE WHAT?

Ethfinex is one of the most well-known exchanges for trading cryptocurrencies and tokens, created the bot

It’s one of the most well-known NFT minting bots available and easy to operate, with a variety of functions

2. Genesis mining THE WHAT?

Genesis mining is a well-known name in the NFT minting industry and offers a variety of beneficial choices, including price consistency and speedy transactions

3. Coinomi THE WHAT?

Coinomi is a well-known platform, due to its user-friendly interface and support for a variety of coins

4. Magic Eden Minting Bot THE WHAT?

The most popular NFT trading platform, Magic Eden, is a component of the Solana network

Magic Eden has grown to be a very well-known NFT marketplace with cheap transaction costs

Its strong liquidity enables users to buy, mint, and sell as well as explore the NFT market and capture more than 90% of the market share

REFERENCE:

https://worldtecharena.com/best-nft-minting-bot/

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

NFT Influence on the Hospitality Industry

The hospitality sector is experiencing tremendous growth due to the hype surrounding NFTs and the introduction of the metaverse, and many hotels are already utilizing these opportunities. This article will showcase the influence of NFTs in the hospitality industry in 10 ways. 

 1. Virtual Hotels

As more individuals stay at home, virtual travel is gradually gaining ground

With their digital avatars, people can go to many locations throughout the world, and the metaverse is gaining popularity in this regard

Hotels can take advantage of this digital experience to enhance the first impression and find new customers

Hotels can enable visitors to tour the establishment, inspect and select the rooms of their choice, and create an NFT for the booking confirmation by replicating the facility as a virtual asset

2. Visitor Logs

The loyal consumer has been considered the ideal client for decades and, those clients who return over and over again help hotels succeed

To keep their clients, hotels create robust loyalty programs, but this does require a huge amount of data processing

By establishing a permanent record of visitors on the blockchain, NFTs can revolutionize these services

Hotels are able to provide visitors with an NFT that includes all the necessary information in the metadata and, the NFT can be used as a badge of loyalty by visitors

As they use the NFT data to evaluate returning customers and reward them for their loyalty, hotels with several branches may find this to be a crucial tool

3. Ease of Operations

A lot of laborious data administration is required for hotels in addition to visitor logs and, time and money can be saved by using tokenization-as-a-service

The blockchain can help hotels run their back-end operations better

You may manage everyday activities like guest logs, housekeeping, maintenance, supplies, etc. by digitally building an exact replica of your hotel

Hotels may automate operations and reduce the workload of their actual personnel by using NFTs and Smart Contracts

Hotel managers may assign routine work to their digital twin so they can concentrate on more important responsibilities and, this enables hotel owners to monitor activities more closely when they are away

4. The New Room Key/ Booking Codes

Hotels have already switched from using metal keys to card keys, due to the restricted number of copies, losing metal keys could be a disaster, but card keys have their own set of issues

Card keys are not only a waste of plastic owing to negligent usage, but they are also frequently lost or deleted by gadget contact, in certain hotels, the receptionist’s primary responsibility is to keep these keys active

No one needs to misplace their key any longer

With smart access for the duration of the stay and expiring when the stay concludes, NFTs will be able to take the place of the room key

In accordance with their reservation, the NFT may also permit the visitor access to exclusive facilities of the hotel, such as saunas and gyms, and has the option of burning this NFT after their visit or keeping it as a souvenir

5. Revamping Hotel Booklets

Hotel booklets are yet another conventional idea that works nicely in the world of NFTs

Hotels hand out large hard copies of books that are wasteful of resources and easily lost or damaged

Both the hotel and the user benefit from the simpler management & logistics provided by NFT Booklets

These booklets’ purpose, usage, and validity can be clearly displayed by NFTs, removing the need for bulky documents and arguments over the expiration

NFTs make gifting simpler and would encourage customers to give Hotel Booklets to friends and family, which would help you expand your business

6. Promotions & Gifting

Gifting can be expanded to include a complete experience

More and more people have taken pleasure in providing their loved ones with a retreat or unique staycation experience as a result of the pandemic

Hotels can use NFTs to enable customers to give friends and family exclusive stays from anywhere in the world

Additionally, one can use NFTs for branding initiatives and promotional methods, such as providing a complimentary stay for one night, etc.

7. Tapping Into the Sentiment

Hotel NFTs can serve as mementoes of a special trip or meal, maintaining the sentiment

NFTs will progress from “what you own” to “what you experienced, where you’ve been” as time goes on, adding additional social leverages to the mix

These experiences have the potential to become eternal memories because of hospitality

8. Optimising High Season

Every hotel takes advantage of tourist-friendly peak seasons by charging higher rates at that time

The pandemic has undoubtedly made this calendar uncertain

Hotels can use NFTs and auction rooms rather than flat pricing to balance this turbulence

For your significant dates and deluxe rooms and suites, you can hold NFT Auctions where the highest bidder will receive a memorable experience

9. Fancy yourself a Hotel Owner

NFTs present a fascinating new model to investigate, but standard models make finance and equity investments a difficult issue for property owners

Through NFTS, hotels can develop new ownership models that include part ownership and community ownership

People can own a portion of the entire property by dividing it into NFTs according to area or number of rooms

As investment returns, they may receive incentives like complimentary hotel stays

As a result, company owners may quickly access funds, and average individuals can experience the excitement of “owning” a hotel

10. Market in the Metaverse

Nowadays, hotels do more than only use physical advertising, to draw attention to their property, businesses can advertise on digital billboards, roads, and shopping centers within various metaverse initiatives

To draw customers, they can provide customized NFTs and NFT advertising

There are numerous NFT chances to take advantage of in the space as Metaverse explodes as the upcoming great thing in technology

The global hospitality sector is on the verge of a blockchain revolution that will revolutionize the way we think about it forever

REFERENCE:

https://restaurant.indianretailer.com/article/how-nfts-will-become-a-game-changer-for-the-hospitality-industry.14109

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

The Influence of NFTs in the Music Industry

The music industry is the business of performing, recording, and selling music through a number of different methods. It has undergone many changes in the past two decades and still, the traditional man-dominated industry has a long way to go. Many talented musicians are paving the way for it to evolve more and more. This article will showcase the ability of NFTs to become an integral part of the music industry. It is no doubt that the NFTs are transforming the music business for the better, benefiting both celebrities and fans. Here’s how NFTs are influencing the music industry.

1. Providing Artists With Additional Income Streams

NFTs are giving artists extra sources of revenue and in some cases, significant income streams

Numerous musicians have gained millions of dollars with NFTs, including Grimes, Steve Aoki, Kings of Leon, and Ozuna

Even though NFTs are relatively new, some of the most inventive and creative artists in the world have seized the chance to diversify their sources of income through them

This is largely due to faults in the music industry, which frequently favors streaming services and record labels over artists

It’s not surprising that artists are coming up with innovative ways to monetize NFTs

Special videos, songs, albums, concert tickets, fan club memberships, and digital art are made available by many musicians to fans in NFT form, which can be paid for with cryptocurrencies like Bitcoin and Ethereum

One of the key advantages of this is that the artist might choose to sell dozens, hundreds, or even just one copy to make the NFT ultra-exclusive

2. Allowing fans to interact with celebrities more effectively

NFTs are making it possible for fans and artists to interact like never before

NFTs do not have to be digitally collectible and they might also be the key to getting access to special encounters with artists

Some businesses, like Fyooz, are committed to fostering interactions between followers of celebrities and artists

Other companies, such as Dropper, let fans compete for NFT items from celebrities, and then the top fans can unlock experiences with celebrities

The blockchain technology that underpins NFTs makes it possible for celebrities to get 100% of the cash earned from selling these experiences, which is one of the key reasons why using NFTs to enable fan-celebrity experiences is so desirable to celebrities

3. Altering Record-signing for the Better

The availability of crypto-backed record labels, which let musicians make far more money from album sales than a conventional record label arrangement would allow, is another significant way that the NFTs are changing the music industry

StarCoin, the world’s first record label with a cryptocurrency backing, is one of these businesses

StarCoin permits a 50/50 split between a record company and an artist

In the modern music business, artists often only receive 10–20% of the revenue from album sales, with a 20–80 or 10–90 split in the record label’s favor being the most typical arrangements

StarCoin does not make any artist indebted, with money being generated through taxes on its NFT marketplace, as the source of funds for the artist to create their label

REFERENCE:

https://coincuora.com/the-influence-of-nfts-in-the-music-industry/

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

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Top 10 NFT Real Estate Companies to Follow

NFT real estate is no different from other NFT projects. Instead of owning a picture or a video, you own a plot of land in a certain metaverse. If you’re seeking a novel approach to investing in real estate, consider NFT real estate firms. The top 10 NFT real estate companies will be discussed in this article.

1.Decentraland                                                                                                      THE WHAT?

A virtual environment called Decentraland was established in 2015

The primary objective of the game is to construct and amass property in the NFT virtual area known as “land,” which can be broken up into pieces

Mana, the cryptocurrency token for this new digital world order, is used to purchase these land plots

You will have permanent ownership of the land as soon as you register, create your digital wallet, and buy your parcel

You are free to do whatever you want with your digital environment since you have total control over it and it involves constructing things, making games, or producing art

You can also lease or sell your land to other players if you don’t want to utilize it yourself

2. Polka City THE WHAT?

A ground-breaking technology called Polka City enables users to own virtual properties and make money

Due to the contract-based nature of these NFT assets, it is simple for you to create income that is paid out in the native POLC coin

Starting Polka City is a rather simple process

You can select the investment type that best suits your preferences when you register for their real estate marketplace

To start making money at Polka City you can use your current Ethereum wallet and no new blockchain wallet is required

3. SuperWorld THE WHAT?

SuperWorld is a marketplace for digital assets where you can make your own world and make money off of it

You can trade, buy, and sell various NFT pieces of land using its real estate platform, which in the actual world has an area of about 100m x 100m

You can get going with ease in SuperWorld, all you’ll need is a concept for your planet; no coding expertise or familiarity with blockchain technology is required

Here, you’ll have the chance to make money off of your property through, analytics, gaming, digital commerce, and e-commerce

4. Cryptovoxels THE WHAT?

It feels like entering a completely different reality when one enters the Cryptovoxels virtual world and metaverse

The NFT platform, which was established in 2018, is a virtual space where you may purchase land and create your own tiny planet any way you choose

This implies that you can modify your so-called voxel pieces of land to develop a game, produce art, or even launch your own company

You can even sell your land to other players in the market if you become bored of it

The interesting thing about Cryptovoxels is that you can explore the platform without an Ethereum wallet

5. Upland THE WHAT?

In order to map the real estate market, Upland, a virtual land marketplace, employs real-world locations and as a result, users can exchange their gained land for real US dollars

Through its in-game companies, Upland also enables players to interact with other gamers in order to make money and make new friends

In this new virtual economy, you can make money in real estate by renting out your houses, charging admission fees to guests, or selling your property at a profit

You can also make money at Upland by starting your own business

6. Somnium Space THE WHAT?

Somnium Space is a groundbreaking new platform that revolutionizes gaming and virtual reality (VR)

The business developed an open-source software platform based on the Ethereum Blockchain that enables the purchase and customization of virtual assets like vacant land, parks, and structures

Users of Somnium Space can now own virtual reality (VR) assets, including avatars and digital commodities

By integrating programmatic advertising plugins that track engagement rates and conversion rates into the VR games, develops a new economy where creators can immediately monetise their work

7. The Sandbox THE WHAT?

The Sandbox is a cutting-edge virtual environment powered by Ethereum blockchain technology where users may create custom video games from the ground up using commercially available or pre-built building pieces

You must utilize $SAND, the platform’s utility token and money, to purchase real estate and other assets from their marketplace

Being able to construct virtual experiences like dioramas and games and place items like buildings, cars, or furniture gives purchasing land on Sandbox a lot of options

8. Omni-PSI THE WHAT?

A cutting-edge, ground-breaking new platform called Omni-PSI was developed in collaboration with the OMNI Real Estate Group and Passive Income and released last year

It is said to be the first fractional real estate NFT marketplace in the world, allowing sellers and buyers of tokenized property to buy fractionalized assets which are parts of properties rather than complete ones

Through their NFT marketplace, Omni-PSI collects money through their sales procedure

According to the number of shares each fractional NFT owner has, they each receive a portion of the rent that these renters pay

9. Fraction THE WHAT?

Fraction is a brand-new real estate company operating on the Ethereum blockchain that has obtained the necessary Thai SEC authorization

With its $150 minimum purchase requirement to buy even a portion of an upscale real estate project, the company seeks to increase accessibility for everyone to invest in real estate

You can invest in a range of assets using Fraction’s plug-and-play platform, from tiny sums to private funds

This offers the benefit of demonstrating that the platform was created with your wants and objectives in mind

10. Propy THE WHAT?

Propy is a one-stop shop for all of your real estate needs and is powered by Web3 Technology

Propy debuted its NFT platform in the US last January 2022, enabling the purchase and sale of real estate as an NFT

The buyer can quickly access the legal paperwork proving ownership of the property by logging real estate transactions on the blockchain

It is important to understand that real-world property ownership is not fractional

REFERENCE:

https://influencermarketinghub.com/nft-real-estate-companies/#toc-0

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

7 Things You Didn’t Know About Crypto

Cryptocurrencies have a lot of hideous “behind-the-scenes” things that not a lot of people are aware of. These are a few of those and you need to stay peeled on this when you participate in the space.

1.The Federal Reserve Is Developing A Form Of Digital Currency

The United States Federal Reserve, which was at first opposed to the use of cryptocurrencies, declared in May that it will start creating its own digital money

The currency is currently known as CBDC, or Central Bank Digital Currency, and is thought to be a third type of digital money that will exist as a tokenized version of the US dollar

This demonstrates the impact that cryptocurrencies have on the global economy because a few other nations are considering this notion

Even though it wouldn’t be quite a cryptocurrency, this new kind of digital money would have certain similarities

2. Bitcoin Mining Consumes A Massive Amount Of Energy

Due to its lack of a tangible form, many have claimed that cryptocurrencies are better for the environment than traditional currency

However, others have refuted this assertion

This is a result of various cryptocurrencies consuming enormous quantities of energy, most notably while mining for Bitcoin

Bitcoin mining is an energy-intensive process that can take anywhere from a few minutes to several years and it pollutes the environment

According to Bank of America, the emissions from bitcoin mining have increased by almost 40 million tons, or the equivalent of 8.9 million cars

3. Many Cryptocurrencies Can’t Be Spent More Than Once Or Refunded

The fact that many cryptocurrencies, including Bitcoin, do not permit their coins to be refunded or used more than once is another factor that sets cryptocurrencies apart from other forms of payment

Double spending is illegal and can only be done through theft

Due to the potential inflation, it could cause, double-spending is strictly prohibited, much like counterfeit money

Due to the limited supply of cryptocurrency coins, many exchange platforms, including Coinbase, have taken action against this practice

4. Cryptocurrencies Are Not Controlled By An Authoritative Body

Cryptocurrency is the only sort of currency that is not governed by a governing or authoritative authority since it is a currency that is produced by individuals and maintained by sequences of code

Given that several nations are beginning to create their own cryptocurrency, that could soon alter

One of the most talked-about concerns with regard to cryptocurrencies is the absence of authority monitoring

This gives the technology a strong entrepreneurial spirit, which sets it apart from other kinds of currency, but it has also caused the market to become extremely volatile

5. Many Major Retailers Accept Cryptocurrency As A Form Of Payment

Some significant actors have started to view cryptocurrencies in a more positive light, despite the fact that many people were initially opposed to the notion because they are so much more unstable than other forms of money

Numerous businesses have begun to accept cryptocurrency as the accepted payment method during the last few years

Additionally, it has been reported that businesses like Apple are creating their own cryptocurrency

6. Anyone Can Mine For Bitcoin — If They Have The Funds

The fact that, in theory, anyone with a computer and a reliable internet connection may mine for the cryptocurrency is one of Bitcoin’s most alluring features

Bitcoin has no physical counterpart and is created and maintained using intricate code sequences that, when executed by computers, allow users to produce Bitcoin

However, mining for bitcoin takes a significant amount of effort and resources

It is believed that mining for one Bitcoin might now cost between $7,000 and $11,000 due to the enormous amounts of power required and the price of mining equipment

7. The Exact Identity Of The Creator Of The First Cryptocurrency Is Unknown

Numerous inquiries concerning the identity of Satoshi Nakamoto, the reputed developer of the first cryptocurrency database, have been conducted since that database’s creation

Little is known about Nakamoto, despite the fact that he has intermittently participated in the bitcoin community since he first began developing the technology in 2007

REFERENCE

https://screenrant.com/most-important-nft-cryptocurrency-facts-need-know/

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.

[niftyrevolution]

Top 10 NFT Marketing Strategies

There are various ways to advertise a project online. Here are some of the innovative NFT marketing strategies that will assist your business. 

1. NFT listings

The first item that needs to be created for greater reach is the NFT listing

The ideal initial technique is to create and list an NFT

Taco Bell is one example of this kind and it has compiled a list of NFTs that were sold out in under 30 minutes

It is crucial to generate revenue

2. Paid advertisements

You can benefit from paid advertisements if you want to reach more people and have an active online presence, including in the NFT industry

Your visibility would be aided by Facebook, Yahoo, and Google, as well as SEO and a strong web presence

3. Influencer marketing

More than anything else, people trust influencers

It is the most important factor that could draw a lot of traffic and the interest of your target audience

Hire an influencer to complete your task

For instance, the NBA created Top Shot, a marketplace that worked with influencers, and it saw seven transactions per minute

4. Search Engine Optimization (SEO)

The organic visibility of your virtual collectibles is improved with the help of SEO tactics

By the specific SEO, your NFT would represent SERPs since proposed customers looked upon them

Hence, this tactic can create several bids, which leads to smart benefits from your auction

5. Blogging

Blogging is the other strategy that aids NFTs to reach prospective buyers at various stages throughout the buying journey

Since NFTs are a new technology people are eager to know about them

Therefore, it would be beneficial if you take the advantage of this NFT marketing strategy to offer information

6. Discord and Telegram marketing

Telegram and Discord will improve your marketing, without a doubt

To increase your reach, you can start your posts, create a community, participate in events, share memes, etc

7. Email marketing

With email marketing, you can communicate frequently with your target audience, sponsors, and new consumers

Sending relevant consumers newsletters, press releases, announcements, and other information promotes company credibility and fosters confidence

Decide who your target audience is now, and start sending them emails with exclusive material you have created for them

8. Expand audience reach

By participating in an NFT marketplace, you can access a wider audience, including entrepreneurs, digital artists, and art lovers

You will have a broader audience when more NFTs are produced

In addition, you would be able to complete a sale as soon as possible with more interactions in the market

9. Build community

The majority of individuals, even NFTs, use Twitter, and they may create a community around their brand

So a community built around Twitter would increase customers’ reach

Building sincere connections keep customers loyal, which is essential for brands to succeed in big, competitive markets

10. Generate Interest in Your Brand

Being a pioneer would help you stand out because today’s consumers only want a living brand

Your brand will attract a lot of interest when you give your community more experience

NFT marketing is a good chance because it is a growing business, and it is unlikely that any of your rivals are there

As a result, even a modest social media marketing campaign will raise awareness of your brand

REFERENCE:

https://medium.datadriveninvestor.com/10-best-nft-marketing-strategy-2022-91ebaa0da763

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.

Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.

Affiliate links may be included in these articles, and signups through these links are highly appreciated. These links support better research and quality writing and help you find the right products with less hassle, so it’s a win-win :) Great care is taken to ensure the links are from authentic, non-spammy sources.

Stay up-to-date on the latest stories by signing up for the newsletter. Please don’t mark these emails as spam, instead, you can easily unsubscribe.