#Non-fungible Token

[your1stcrypto]

20+ Free Solana Faucet with Direct Withdrawal to FaucetPay

Presenting more than 20 free Solana faucet that will let you earn crypto currency instantly and you can collect your Solana coin directly in your Faucetpay account. SOL is a digital currency that can staked and use to buy NFT from anywhere in the world.

[goodjohnjr]

NFT Bros In 2024

NFT Bros In 2024 What Is It? The YouTube video NFT Bros In 2024 by the YouTube channel Cer Spence: NFT Bros In 2024 Continue reading NFT Bros In 2024

[dencyemily]

AI and NFT Crypto Sectors Take the Lead Ahead of Bitcoin Halving Event

In the dynamic landscape of the cryptocurrency market, the past week has witnessed various sectors taking center stage, providing insights into evolving trends ahead of the imminent Bitcoin halving. Notably, artificial intelligence (AI) and non-fungible token (NFT) projects have garnered attention, showcasing their growing influence. The decentralized finance (DeFi) sector and ERC-20 tokens have also demonstrated resilience and sustained investor interest.

Santiment, a platform offering on-chain and social metrics, recently shared key observations regarding the market's response to the upcoming Bitcoin halving on X.

Key Highlights:

AI and NFT Projects: AI projects like SingularityNET (AGIX), DeepBrain Chain (DBC), and Ripple (XRP) have been prominent, attracting both investors and technologists. NFT projects such as Ethernity Chain (ALI), Terra Virtua Kolect (TVK), Ultra (UOS), and Fear (FEAR) have displayed resilience, underlining the increasing value and interest in digital collectibles and art.

DeFi Resilience: The DeFi sector, valued at $82.2 billion, has experienced a 4.82% increase, demonstrating its continued relevance and growth. Platforms like Uniswap (UNI), Convex Finance (CVX), SushiSwap (SUSHI), and Spell Token (SPELL) have contributed to the sector's progress by providing decentralized solutions for financial exchanges, lending, and borrowing.

ERC-20 Tokens: Despite a 5.1% decrease, ERC-20 tokens maintain a substantial $684.5 billion capitalization, emphasizing their versatility and utility in supporting diverse applications and projects within the blockchain ecosystem. Projects like Blur (BLUR), Woo Network (WOO), JasmyCoin (JASMY), and AIOZ Network (AIOZ) showcase the resilience and growth of ERC-20 tokens.

Market Dynamics: Stablecoins, with a total capitalization of $776 billion, have seen a slight decrease of 0.3027% over the past week. Ecosystems like BSC and Binance Chain have witnessed a 2.3% increase in total capitalization, reaching $205 billion. NFT projects have recorded an 8.17% increase, reaching a total capitalization of $13.4 billion.

The comprehensive analysis of watchlists and behavior analysis platforms reveals intriguing patterns, with anomalies in exchange inflow and decentralized autonomous organization activities indicating shifting investor behaviors and market dynamics. As the market gears up for the Bitcoin halving, these trends offer valuable insights into the evolving crypto landscape.

[lennonenglish]

NFT Update

Great Rising Your Highnesses, I hope you are exceedingly well. A few moons ago I commissioned an artist Big Sam, to create the Black Art that would become the prototype for the album cover for “Digital Sage.” I never would have guessed where Afrofuturistic artistic curiosity would lead from there… Fast forward a few suns and my gifted inventor computer scientist friend, Will Carroll tells me…

[jypsyvloggin]

NFTs: The Next Big Thing in the Crypto World?

NFTs: The Next Big Thing in the Crypto World? What is an NFT? NFT stands for non-fungible token. A non-fungible token is a unique digital asset that cannot be replaced by another asset. Each NFT has its own unique identifier and metadata, which makes it impossible to counterfeit or duplicate. NFTs are stored on a blockchain, which is a distributed ledger that records transactions in a secure…

[probablyasocialecologist]

“Dead NFTs: The Evolving Landscape of the NFT Market” is a new report from dappGambl, a community of experts in finance and blockchain technology. Upon analysis of 73,257 NFT collections, the authors found that 69,795 have a market cap of zero Ether (ETH), the second most-popular cryptocurrency behind Bitcoin. In practical terms, that means 95 percent of NFTs wouldn’t fetch a penny today — a spectacular crash for assets that reached a trading volume of $17 billion amid a frenzied bull market in 2021. The study estimates that some 23 million investors own these tokens of no practical use or value.

[...]

The “Dead NFTs” report observes that the nearly 200,000 NFT collections “with no apparent owners or market share” identified by the study caused carbon emissions equivalent to the annual output from 2,048 houses, or 3,531 cars.

[toofartgalaxy]

For what reason would anyone purchase a non-fungible token?

The more you attempt to understand the unusual and mystical universe of non-fungible tokens, you might wonder why anyone would purchase an NFT. There are a couple of motivations behind why those with spare money decide to contribute. Shortage There’s nothing similar to an apparent feeling of extraordinariness to build interest in a specific thing. As NFTs can have one proprietor, they make this…

[jimflanigan]

What Do I Want For Christmas?

What Do I Want For Christmas?

Now that’s a good question to address on this 7th Day of Blogging, but an easier one to answer would be what I don’t want. Allow me to take you back many years to the glory days of the National Lampoon Radio Hour with Bill Murray and Gilda Radner before they were famous. I definitely do not want Santa’s trapdoor. What I would like for Christmas is if folks who made me laugh like Gilda Radner,…

[reportwire]

BetOnline Becomes First Casino and Sportsbook Company to Accept BAYC ApeCoin for Transactions

BetOnline Becomes First Casino and Sportsbook Company to Accept BAYC ApeCoin for Transactions

Global Gaming Operator Adds Bored Ape Yacht Club Crypto Coin for Deposits and Withdrawals Press Release – updated: Mar 18, 2022 LOS ANGELES, March 18, 2022 (Newswire.com) – BetOnline.ag, one of the world’s largest online sports betting, poker and casino platforms, became the first gaming operator to add ApeCoin to its approved cryptocurrency processing list, the company announced today via the…

[gainercryptocom]

Caw Crypto Price Prediction: Unveiling Future Market Trends

[fatehavtarsingh]

"Cloud.Memory" 2023 by Fateh Avtar Singh

from the “Reboot” collection

“With love for art, respect for artists and collectors, when every day for development, self-improvement and work”

link to the item܄ OpenSea

[pikipekarmy]

Fun fact, the most valuable (to collectors) shinies are very low CP guys that can evolve but have not evolved. There's no way to catch these under levelled boys except in Go!

I am not super conversant with the concept of how to digitally collect things, which i suppose is funny given that i'm playing a game that is fundamentally about digitally collecting things. but like. how would you even. get these outside of the game. i don't know.

anyway i admit i am also slightly befuddled by the obsession with shinies. i mean i get that they're cute and it's fun to have a different one but like.

well i have a couple of shinies and boy are they low-level ones, LOL

the "hatchu"s, the guys in costumes etc., kind of drive me nuts because on the one hand that's so cute that they have a flower crown but on the other hand this is a buneary with terrible stats and now i feel weird deleting it congrats on making me buy additional storage i guess??

i admit i'm just bitter i haven't caught a pikachu in a flower crown yet.

[probablyasocialecologist]

NFTs are one of many failed attempts to monetize the internet; which, in this case, meant creating a system of exchange value around aspects of internet culture which had previously just existed online for free as e.g. memes. That’s why so many NFTs look like what would happen if tech bros started making horny Sonic DeviantArt graphics. I guess that’s just what Bored Ape-style graphics are minus, crucially, the horniness. In any case, while fandom aesthetics and communities are considered cringe, it’s been easy enough for NFT artists to cherry-pick these fan visuals and turn them into private property, giving them the patina of culture, if not the social capital of “good taste.” And, like all forms of gentrification, the fandom to NFT pipeline performs a political function as well, defanging former sites of counter-hegemonic, or at least ambivalent, socialization.

[dontmeantobepoliticalbut]

This weekend’s episode of "Saturday Night Live" began with a skit poking fun at former President Donald Trump’s recently released, meme-worthy non-fungible token (NFT) collection.

“Seems like a scam and, in many ways, it is,” said James Austin Johnson, who played the 45th President in the show’s cold open.

While the mainstream media has eagerly picked up the story on the collection for its comedic value, the popularity of the Trump Digital Trading Cards has continued to climb since the collection dropped on Thursday, selling out within 24 hours.

According to data from OpenSea, the collection’s trading volume is 6,658 ether (ETH), or about $7.8 million at the time of publishing. Its floor price, which started at $99, has been hovering around 0.3 ETH, or $350.

The collection features 45,000 tokens in the style of baseball cards. In each collectible, Trump wears a different costume linked to rarity elements that allow users to enter a sweepstakes to win prizes like a zoom call with the former President or a cocktail hour at Mar-a-Lago.

In the wake of the project’s apparent success, internet sleuths have dug deep into the project and the parties behind the wallet addresses associated with Trump’s collectibles. Among the nuances and inconsistencies alleged on Twitter: the company that created the collectibles is hoarding a large amount of them; that the project poorly relies on stock imagery; and that most of the buyers opened new wallets without holding any cryptocurrency, sticking them with an NFT and no way to derive any future value from them.

THE STRANGE CASE OF 1,000 NFTS

Over the weekend, Twitter user @NFTherder noticed something strange about a large number of the rarest NFTs in the collection. The user posted a thread explaining the nature of the transaction data of the contracts involved in the mint.

According to data from Polyscan, Polygon’s version of Etherscan, a “Donald Trump Admin” wallet minted 1,000 tokens to a Gnosis Safe Wallet, a multisignature smart contract wallet that requires a handful of users associated with the tokens to approve of any asset movement.

While the Collect Trump Cards site said that 44,000 of the 45,000 tokens created in the initial series would be available for users to mint, it did not specify what would happen to the remaining 1,000 tokens. Where another project might save those assets for a later date to revive demand, data suggests that the administrative wallet holds the remaining minted 1,000 tokens.

After the collapse of Three Arrows Capital, the crypto-hedge fund backed NFT collection “Starry Night” moved its tokens into a Gnosis Safe wallet, along with other valuable assets. It was likely done out of caution to hold the assets in one place to prevent any singular actor from moving these out of the wallet.

The Trump Trading Card site specified that there was a “strict limit of 100 Trump Digital Trading Cards per purchaser/household,” meaning that an individual or a group who did not have to abide by the rules for the general public was able to pick up a large swath of the NFT pool.

In addition, the mystery wallet isn’t full of second-rate NFTs. It minted 26% of the rarest 1-of-1 tokens and 28% of the autographed trading cards, according to NFTherder. These are the most valuable and expensive assets in the collection, respectively comprising 0.4% and 0.16% of the total tokens in the collection.

NFTherder told CoinDesk that not only do the wallet owners have the ability to inflate the price floor of the collection, but they also could have the ability to rig the sweepstakes and alter the competition.

“If this was a 10,000 unit collection about monkeys, the whole discord would be blowing up about how this is a rug and a scam and that the team is holding one fourth of the most rare supply,” said NFTHerder.

THE CURIOUS MARKS AND MAKER OF THE ART

While people have been digging into the wallet addresses and collection sweepstakes, other Twitter users were delving into pop culture digital artist Clark Mitchell and the artwork he created for the collection.

On-Chain TV founder Morgan Sarkissian tweeted an image of one of the collectibles featuring the 45th president in a space suit that seemed to still have a visible watermark from Shutterstock.

She also uncovered an Adobe watermark in another token listed in the collection.

Other Twitter users have found inconsistencies in the artwork, with some of the creative assets used to build the collection apparently taken from stock images or Amazon costumes.

While Mitchell has worked on other projects such as artwork for Disney, Hasbro and Marvel, this isn’t his first NFT project.

Web3 researcher and Twitter user @Valuemancer uncovered that Mitchell also did the artwork for Sylvester Stallone’s SlyGuy NFT collection that never launched, according to the digital collectibles website.

The collection included similar creative assets, such as drawings of the actor paired with exclusive access to events such as the Ultimate Stallone Experience, a dinner hosted by Stallone for token holders.

Mitchell, Sarkissian, @Valuemancer and the SlyGuy NFT collection did not respond to CoinDesk by press time.

THE SHINY NEW WALLETS WITH NO CRYPTO

While NFT collections often attract a wide range of buyers with various stake in the game, Trump’s NFT collection had a large number of buyers that appear to be new to digital collectibles.

According to data from Dune Analytics, of the nearly 12,900 users that minted Trump NFTs, about 9,300 did not hold any cryptocurrency in their wallet for gas fees – the fee all users pay for a transaction on the blockchain. If a holder has no balance of either MATIC or wETH, he is "No Gas" holder. That means he can't list his NFT for sale until he get some balance into his wallet, the Dune dashboard shows.

This means that 72% of buyers were likely purchasing NFTs for the first time.

The total number of tokens held by holders with no gas is 21,420, according to Dune Analytics, which one Twitter user pointed out may be stuck due to the more advanced nature of trading on Polygon.

“It's more like a 20,000 set than 45,000,” said Tyler Warner, staff writer at Lucky Trader on Twitter, citing the data as one of the reasons why the tokens skyrocketed in trading volume.

Warner did not respond to CoinDesk by press time.

In a harsh crypto winter where NFTs are already subject to market vulnerabilities, celebrities releasing successful NFT projects or funding Web3 ventures seems like a promising sign.

However, when the project is executed before fully working its kinks out, it does not serve as a vehicle for mass adoption. Instead, it can onboard a new user base that is not familiar with cryptocurrency or the steps needed to make a sound purchase, analyze blockchain data for irregularities and fund wallet transactions.

As projects like these continue to rise in popularity, it’s important to educate holders, dig into the details and look beyond the hype.

[mstr02]

العملات الرقمية :تحليل أفضل العملات الرقمية للاستثمار لعام 2024

Digital currencies: analysis of the best digital currencies for investment for 2024

In the era of expanding the digital economy, digital currencies remain one of the most prominent engines of the modern financial revolution . Investing in them may be an important step to achieve profit, success and sustainable . In this article ,we will give a detailed look at the best digital currencies to invest in 2024.

Since its inception at the beginning of the Twenty-First Century, digital currencies represent a unique economic phenomenon that has expanded very rapidly to form an integral part of the global financial system . With the advancement of time, these currencies have become not just means of electronic payments .They have become valuable investment tools with unlimited potential to achieve high returns

In recent years, we have witnessed a significant increase in interest in digital currencies, as they have become the focus of attention of large and small investors alike, but with this boom, the market remains full of volatility and risks that investors should be aware of .

[brooklynmuseum]

Non-fungible tokens, or NFTs, will be the topic of conversation at our next Art History Happy Hour on January 26 at 7 pm. ⁠

During the program, author Nate Thompson offers an overview of the blockchain landscape and its intersections with contemporary art. Artists Delphine Diallo and Sasha Stiles then join in to discuss the field’s opportunities and challenges. Plus, take one last look at Virgil Abloh: “Figures of Speech” before it closes. ⁠

Get your ticket, which includes a specialty cocktail, small bites and after-hours admission to #VirgilAblohBkM for $45 ($40 for Members). Additional beverages are available for purchase.

🎟 http://bit.ly/3GBmWzN

📷 Kolin Mendez