NFT is basically a one of a kind digital asset users can own and hold in their wallet. One of its main features is that its immutable which means it can’t be manipulated and everything is saved in the blockchain network. An NFT can be deleted in two ways, either by transferring it to an unusable wallet which is called burning, or by deleting it if you are the creator of the NFT. NFT can disappear if the external storage link is corrupted or if the marketplace decides to take it down. In this post ...Read More

Some NFT buyers go after utility, others go after collectability and Art. You maybe one of the latter ones. The aim of this post is to share the NFT artists that are well known in the space and look decent too. But let us make it clear, it is all subjective and also the list is not in any relevant order.     Let us focus on the art this time, I will be not much writing in this post this time, I hope you enjoy it! 1. Fewocious Source: https://twitter.com/fewocious   Fewocious a ...Read More

If you have spent sometime in the NFT space, you may have heard the term airdrop. It is not related to Apple’s airdrop but it is a distribution reward for cryptocurrency wallets for various reasons. Let us discuss what is an NFT airdrop.   What is an NFT airdrop? An NFT airdrop is a way of tokens distribution to a Web 3.0 wallet address through the blockchain as a promotion, a reward for holding NFTs, or for participating in a specific activity. NFT space has became very competitive with many creators entering the market increasing ...Read More

Just like humans  non-fungible Tokens (NFTs) are each one of a kind. Even when they look the same the difference comes from the metadata which is the description in the code of each item. Rarity in the NFT space refers to how differentiated the NFT is in a collection based on its properties which can be checked through tools like Rarity.tools for Ethereum howrare.is for Solana   Attribution: The icons has been designed using resources from Flaticon.com   You may wonder why rarity matter? It is important because part of enjoyment and gamification ...Read More

Some debate that they can just copy paste a picture of a NFT instead of over paying for it. Key difference between buying a NFT compared to copying its media file is that the NFT is connected to the blockchain from a verifiable creator making it non-fungible and can be treated as a collection or used as a utility.   Here is another way to look at it, if I go now take a picture of the Mona Lisa and professionally print it, I will not be able to sell it for $US 850 million. Because ...Read More

While the NFT space has been growing at a fast pace with sales growing from US$ 82.5 million in 2020 to US$ 17.7 billion in 2021.  Does this mean there is potential that NFTs will replace stocks? NFTs and stocks work differently, NFTs can be viewed as a collectible and a utility token while stocks are viewed as ownership in a company. For the time being NFTs can’t replace stocks yet.  Whether we like it or not, many are treating NFTs as investments given the buyers strong belief in the art and mission (roadmap) of ...Read More