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Nfttoken

Is NFTfi the future for the crypto?In 2020-2021, DeFi was the main driver of market growth and bull cycle development, giving users more uses for tokens and opportunities for users to earn. DeFi will likely no longer be able to give the same opportunities to the crypto market due to the lack of implementation of new breakthrough concepts. The only thing DeFi apps can do is to give a lighter user experience, but that probably won't have the same effect as in 2020-2021 But there is another sector which can repeat and is likely to surpass everything which was given by DeFi. Is it really NFTfi? Let’s go step by step: 1. DeFi were created for ERC-20 to give the users more opportunities to use it. NFTfi are created with the similar aim, but for the ERC-721/ERC-1155 standard tokens. 2. ERC-20 is the project tokens based on a blockchain. ERC-721/ERC-1155 are the project tokens based on a blockchain. 3. The projects, which had the ERC-20 tokens, have their own products and applications. We can say the same about the ERC-721/ERC-1155 tokens. At first sight, we see that these two sectors are identical to each other. Why can the NFTfi and ERC-721/ERC-1155 tokens give the market much more than DeFi and ERC-20 could? ERC-721/ERC-1155 is a natively more understandable technology: trading pictures with a monkey is more understandable than trading token SocialFi platform or AI solution. NFT is a more scalable technology as it allows you to tokenize a single cluster, whose object has unique properties and cannot be evaluated like any other object within the cluster. For example, real estate, premium and unique accessories, resource deposits and other. It is much easier to make convenient and simple NFTfi applications for NFT. NFTfi is the same as DeFi, not for common tokens but for unique assets. NFTfi gives all the same application options as DeFi: loans, credits, p2p exchanges, liquidity pools, decentralized futures etc. At the moment the most promising and largest sector within NFTfi is NFT lending. NFT lending are products that allow NFT owners to borrow and lend. Lending is the first level of the whole financial system, just like TradFi, then DeFi and now NFTfi. A brief review of the TOP 5 products of the NFTfi sector for traders BendDAO ($BEND) TVL: $187m Price: $0.024 ATH price: $0.069 Market.cap: $9.3m FDMC: $243m ParaSpace (no tokens) TVL: $37.7m Jpeg’d ($JPEG) TVL: $23m Price: $0.0013 ATH price: $0.0066 Market.cap: $27m FDMC: $92m NFTfi (no tokens) TVL: $10m Frakt ($FRAKT) TVL: $6.6m Price: $0.1$ ATH price: $2.4 Market.cap: $487k FDMC: $5m As we can see, almost all projects from the NFT lending sector are undervalued by the market. TVL of projects which have a token is higher than the current market capitalization, and for Frakt it is even higher than the total capitalization. Two of the top-5 projects currently don't even have a token. Moreover, it's worth mentioning that many cutting-edge and exploding products are also still under construction. Conclusion Now we can conclude that the NFTfi market is severely underestimated, considering that the NFT sector takes about 50% of all transaction turnover on Ethereum, for example, and Solana got users and developed as a project only through NFT. If the idea was interesting, give us a rocket and express your opinion on the topic. Soon we will post a second part of it, where we will look at other projects and mention the ones that may become the leaders of the market after the launch. Stay tuned!
Education
by Samura0x
5
An NFT ManualHello, Let us talk about 'NFT.' In this post, we will read about NFTs, where to find them, and how to buy them. Furthermore, what are they really? Indeed we have all read this sentence since this is the first thing that comes up when we Google NFT: "A non-fungible token is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. Types of NFT data units may be associated with digital files such as photos, videos, and audio." Well, it is not wrong. It is a non-fungible token that can be traded. They are mainly formed in 2D and 3D art forms. You can profit from hundreds to thousands of dollars by buying and selling NFTs. However, you need to be careful because there are too many scams out there. Many people get hacked, phished, or follow bad projects and lose their money. Before answering the most FAQs, have in mind that NFTs can be built on many blockchains, traded on many platforms, and bought with different types of cryptocurrencies. However, we will focus on the main, primarily used methods in this post. Where should we find NFT projects? Twitter, Instagram, and public/private chat rooms provide this information. Nevertheless, Twitter is where it all happens. All NFT projects advertise on Twitter, and we can see by the number of their followers, likes, and comments, how genuine their community is and if it is a worthy project or not. Where can we get access to mint/buy? Once we find our desired project, we should find them on discord and join their server. Different projects have different methods to White-List us to get us early access to mint/buy. Some require invites, some require being active and being helpful to their community, and some have their own unique rules. Once we get past those requirements, we will be White-Listed to mint earlier than other people. Where does it all happen? Mostly on Opensea. When we buy or mint an NFT, we need to list it to trade it or sell it again. That is when we need to pay Opensea for making a listing. Then we can list our NFTs on that listing and either take offers or set a fixed price for them. What wallet do we need? MetaMask is the wallet that is being mainly used in order to buy or mint NFTs. It is a safe wallet, and we can easily create one for free without identification. What browser should we use? Yes, Safari for Mac users and Chrome/Edge for Windows users is the preference we are familiar with. However, when talking about NFTs and MetaMask and much money, we need to switch to something safer and more compatible. Brave Browser is the one for this use. It also provides its own wallet, but we can always connect our MetaMask. What is minting? Most simply: When we decide to buy an NFT, we have to produce it, validate it into existence, create a new block for it, and set its information. Do not worry, it all happens automatically, we only need to pay the Gas fees. Important tips: Turn your DMs off on Discord. Do NOT connect your wallets to unknown websites. Use Brave Browser. Have you ever traded NFTs? What do you think the pros and cons are? Let us know your ideas. Good luck.
Education
by ShawnMCR
6
An NFT ManualHello, Let us talk about 'NFT.' In this post, we will read about NFTs, where to find them, and how to buy them. Furthermore, what are they really? Indeed we have all read this sentence since this is the first thing that comes up when we Google NFT: "A non-fungible token is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. Types of NFT data units may be associated with digital files such as photos, videos, and audio." Well, it is not wrong. It is a non-fungible token that can be traded. They are mainly formed in 2D and 3D art forms. You can profit from hundreds to thousands of dollars by buying and selling NFTs. However, you need to be careful because there are too many scams out there. Many people get hacked, phished, or follow bad projects and lose their money. Before answering the most FAQs, have in mind that NFTs can be built on many blockchains, traded on many platforms, and bought with different types of cryptocurrencies. However, we will focus on the main, primarily used methods in this post. Where should we find NFT projects? Twitter, Instagram, and public/private chat rooms provide this information. Nevertheless, Twitter is where it all happens. All NFT projects advertise on Twitter, and we can see by the number of their followers, likes, and comments, how genuine their community is and if it is a worthy project or not. Where can we get access to mint/buy? Once we find our desired project, we should find them on discord and join their server. Different projects have different methods to White-List us to get us early access to mint/buy. Some require invites, some require being active and being helpful to their community, and some have their own unique rules. Once we get past those requirements, we will be White-Listed to mint earlier than other people. Where does it all happen? Mostly on Opensea. When we buy or mint an NFT, we need to list it to trade it or sell it again. That is when we need to pay Opensea for making a listing. Then we can list our NFTs on that listing and either take offers or set a fixed price for them. What wallet do we need? MetaMask is the wallet that is being mainly used in order to buy or mint NFTs. It is a safe wallet, and we can easily create one for free without identification. What browser should we use? Yes, Safari for Mac users and Chrome/Edge for Windows users is the preference we are familiar with. However, when talking about NFTs and MetaMask and much money, we need to switch to something safer and more compatible. Brave Browser is the one for this use. It also provides its own wallet, but we can always connect our MetaMask. What is minting? Most simply: When we decide to buy an NFT, we have to produce it, validate it into existence, create a new block for it, and set its information. Do not worry, it all happens automatically, we only need to pay the Gas fees. Important tips: Turn your DMs off on Discord. Do NOT connect your wallets to unknown websites. Use Brave Browser. Have you ever traded NFTs? What do you think the pros and cons are? Let us know your ideas. Good luck.
BITSTAMP:BTCUSDEducation
by ShawnMCR
16
IMMUTABLE X ( an economic analysis into the beast)Hello traders and investors! 👋😃 Good day, and please take a moment, relax and come on this journey with me, where we examine in depth, Immutable X and it's partners. I am limited to my posting abilities for specific graphs/images here on Tradingview, so I HIGHLY recommend that you would please take a look at the link I have provided below, which is word document that goes over everything in greater detail.👌 Everything on this idea is sort of an introduction to the information that is provided in the document.👍 1drv.ms Thank you so much for understanding.. now let's take a dive!!! 🌊🐳🏄‍♂️ 👇👇 🥰 *** NOTE **** We are in the DUES phase of the chart depicted above🆗📈👍 An Economic analysis Into Immutable X/ETH, along with 3 major Play-To-Earn games A Low Risk/High Profit forecast. Disclaimer:❗❗👋 I’d like to start by clarifying that this is strictly an educational idea. This is speculation mixed with fact, and 🛑This is never financial advice🛑.. I’m good at what I do, and not often wrong. But do your own due diligence before making any trade/ big investment.🆗💲💲 GOALS: In this Idea💭 I’m going to be explaining how Immutable X works🔎🧐, and Its relationship 🤜🤛💱👩🏻‍🤝‍🧑🏻to Ethereum . We are going to examine play to earn game titles such as:⏬ Epics, Crypto Space Commanders, and of course God’s Unchained Itself. Whilst going over previously mentioned play to earn games, we will examine opportunities for low-risk high-reward profits along the way.🚶‍♂️😃🏕⛺💲 Also, we plan to provide loads of fundamental, and technical confirmations of a huge breakout In games with very expensive NFT’s which will soon be featured together on the Immutable X marketplace. Many of the gains also have multiple tokens. Immutable X: 🆗✖🆗✖👇 Immutable X was the first1️⃣🎉 layer two scalability engine to be dropped on top of the Ethereum blockchain⛓. It utilizes ZK-Rollups to bundle hundreds of transactions into one single transaction. This single transaction Is deconstructed by smart contracts to verify each transaction individually, using a, “Zero-Knowledge Proof” method for publicly recording transactions on the Ethereum blockchain⛓. The process reduces the amount of computational power required to validate blocks✔⬜. Immutable X Explained ~Immutable is most widely known from God’s Unchained, their play-to-earn Dapp game.💲🕹🎴 ~Immutable X utilizes layer two scalability to provide gas free trades🚙👏🤞, and Instant NFT trades up to 9000 plus TPS~Transactions Per Second.🤯👍 ~The Immutable X engine facilitates 600 plus more TPS than other marketplaces on Ethereum .💪 ~Since the project uses entirely no tokens💮☪🚫, the protocol cannot be subject to 51% attack or ransom attack ⚔🗡🛡😎 ~Immutable partnered up with Starkware last year to make the Immutable X project happen.🗓📌📆 ~Prior to Starkware, Immutable had been in development for several years🕘👌 by some of the best😄. ~Currently only the recent Trial Of The Gods expansion of Gods Unchained is listed on the Immutable X Marketplace.👌😮 To quote💬 Immutable X Co-Founder Robbie Ferguson,🧔💭👇👇 “The security of this future world should not be owned by large corporations, venture capitalists, a government or one Individual. It has to be something truly decentralized, owned by the world. That’s why we’ve chosen to scale Ethereum rather than a centralized blockchain”. So let’s speculate on Vitalik Buterin, and Robbie Ferguson??? : 🆗 I truly wish I had the chance to pick the brains🤔🧠 of such brilliant, well geniuses/revolutionaries👨‍💻👨‍🔬. I often analyze their behavior, so I can determine their incentives. Trying to get into crypto geniuses' heads can be like trying to take the digest of a hash➖9️⃣🔢*️⃣▶5️⃣3️⃣↩↪, and flip It🥴. They are thinking several steps ahead, just as I aim to.. but here goes. It’s not hard to see that the two are pretty tight. I anticipate Vitalik has quite the court going. Now Robbie Ferguson Is a perfectionist, which is a big driving factor in his success. When he says something is going mainnet on a certain date, don’t get It twisted, it will mainnet not a single day early. Good business If you ask me. Yet, Ethereum was over gassed⛽, and got put off several months on another layer 2 scalability engine that was set to drop on the Ethereum Blockchain. Immutable X came out several weeks early. Right now the Immutable marketplace Is a joke😛🤪 Let me explain.⏬ During Ethereum’s last Bullish Impulsive phase🐮↗, gas fees⛽🚙 were starting to spike pretty hard😬💲👎, It was like a bad acid trip. Vitalik had Incentive to utilize Immutable X assets to help Gwei per transactions come down. Frankly, there Is no doubt In my mind the man runs a tight court. He deserves every bit of It. I dream of being able to donate a billion dollars to people struggling from the pandemic. I wonder how that affected the price of Ethereum? Well, I do know that lately and after a nice healthy correction, gas prices aren’t terrible (at the right time of day.) Conversely, the Immutable X engine Is more congested than I’ve ever seen it to date. I’m willing to bet my stack that Vitalik Buterin Is the type of man that looks out for his court. Things are changing folks, embrace the change, or embrace the suck. To be honest, that’s your prerogative, but big things are In play right now. The Immutable X marketplace release will be timed perfectly, to maximize utility. Understand, that we now sit on the borderline between the DEUS , and COSMOS phases (see chart above📈💹⏫.) Source:🔽🔽🔽 www.google.com Immutable X line up This marketplace Is going to be putting together some of the most expensive NFT’s around💥💮🎴🥈. Immutable has a very Impressive line-up of partners. In this Idea we’re going to be focusing on just three1️⃣2️⃣3️⃣ of many great titles🤴, because they are the three I know the best. By the way, In the current state of the market people are hitting my price ceiling of layered Trial of the Gods Cards🎴⚔. Instead of raising this ceiling, embracing my inner market maker, I decided to just pull them out of the market completely and Hodl. I’ll sell them for 100x if Immutable's first expansion genesis taught us anything. Robert Greene asserted In his book Mastery,’ The future belongs to those who learn more skills and combine them in creative ways.” These are some of the titles on Immutable ✖'s lineup :👇👇 Epics GG, Guild of Guardians, High Rise, Gods Unchained, CSC , Illuvium, War Riders, MCH ➕ (My crypto hero's plus) Let’s check out Crypto Space Commanders🚀🛸, is a supply shortage Imminent😮? I’m an Economist, I look at things In terms of analytical geometry and the inverse. We are talking about basic supply and demand here in regards to CSC🛸. Some of the ships in the Alpha-phase have sold for upwards 18 ETH💲👏, need I say more? The point I'm alluding to is CSC has a substantially lower player base than some of the other games going on the Immutable marketplace. The NFT’s in the game are very expensive. That being said, I’ll explain why I’m not asking myself whether these NFT’s are about to go 10x, but If they will surpass 100x. The increase in demand from people flowing into CSC from other Play-to-Earn titles(with higher player base,) will raise the prices. More players In the game means less opportunity for gains. Together, I’m forecasting a supply shortage which will further increase the price of not only CSC NFT’s, but value of their two tokens ( GFC /Galactic federation credits, and GRP/Galactic Reputation Pips.) The CSC play-to-earn model In the game🎲🎴, the players mine ore⛏🌑 from asteroids☄🌠, or earn loot from fighting npcs. Additional earnings🤞 can be acquired when you brave fringe space💫🌍🌌 to hit very valuable ore veins, at risk of being destroyed by pirates⚔💂‍♂️🏴‍☠️. Once destroyed in fringe space, you lose all the NFT’s on your ship😥(which could easily amount to a several thousand dollar loss, if you fail to pay attention to detail.) You see, the ore you mine can be refined at a price, which makes it highly valuable. Refined ore💎, is then turned into all the components necessary for crafting anything from ships🛩🛸, weapons🔪🏹💣, armor and even mining equipment. There are different tech levels of equipment with more to be discovered at a price. If you have a bunch of expensive NFT’s like myself, you can have your own refinery, in return, increasing your mining earnings . Now, you can play this game for free, but there is a 20 dollar💲2️⃣0️⃣ pack available. Purchasing the pack will literally save you days of play, as you grow at an exponential rate. Not extremely exponential, but certainly not linear, or logarithmic. Doesn’t this sound like Eve in it’s Infancy? Serves them right for atrocities the Eve leadership team committed among their players. I would suggest anyone who plays Eve, drop the game promptly💩, and get in on the ground floor of CSC🥰. Earn to play, not pay to earn💃🕺. CSC has a great referral program, however, I won’t be providing my referral link, as this is an educational idea. When you Invite people to join CSC , you will earn whenever they buy anything, even if it’s from you. Getting friends or acquaintances in with your link is an opportunity for affiliate marketers to make grandiose amounts of money🤑😄💲🆗.. They tax you to refine ore, as I previously mentioned. Having the NFT’s💮 to build a refinery🌆🌇 certainly helps. FOR MORE INFORMATION ON CSC: ⏩⏩⏩ Please consider looking at the word document above where we have much more content, statistics, imagery, and graphs. Epic.gg🎴🎴 Epics is essentially a fantasy CSGO game. You can play the partly on your phone. While the website Itself Is a much better platform for trading. This Is one of the Play-To-Earn games💲🕹 I recommend to everyone. The value you get from playing It Is very high per unit of time. There are cards dating back to late 2018 in their founders edition. They sell signed cards, and hybrid digital/physical combination sets, like Ether Legends. Epics make their money by the cut they take out of trades, plus the distribution of pack sales, that sell out In minutes. Because the game uses a mint system to classify cards, the value of any card can be substantially different, regardless of rarity. The earlier the pack mint date, the more valuable, let me provide an example! This Is what we would typically expect to see In a market where lower mints are more valuable. The price rises, with decreasing mints(depicted below.) The prices of these Epic’s cards are moving towards equilibrium. This Is not the norm. The norm Is people not understanding the value of their Mint’s, and selling very low. So I scalp their cards.🐱‍👤😎 So should you. Trading is a zero-sum game🤷‍♀️🤷‍♂️.. Don’t ever forget it, or the people that accept the fact there’s someone on the opposite side of every trade, will walk all over you. Don't let that be you!! 😄🤍 More on the whole picture: Epic’s presents an opportunity for huge gains with little risk, CSC is similar. God’s Unchained is not. Why Is this? Well it’s easiest to explain why Epic’s and CSC are safer. Epic’s would be fine If Immutable X failed, it would be picked up by another layer 2 scalability engine. CSC Is part of Lucid Sight games, who would also land on their feet🤸‍♂️🦶👌. But, It’s Important to understand correlation. God’s Unchained Is very correlational to Immutable X, which Is In turn correlational to Ethereum . I would say the correlational is large right now🤔. If Immutable-X were to fail, Gods Unchained cards would lose substantial value😨. So, I have to consider the probability of all outcomes🤨😄✏📝. This brings Into question for me, how did Starkware link up with Immutable to make Immutable X🤔💬💭? The reality is, Vitalik ButerIn is clever enough to have made that happen. I mean Gods Unchained is forever engrained in the history👴🧓🕙 of NFT’s🤷‍♂️. It will be talked about like CryptoKitties 😜🐱 in no time. GODS UNCHAINED!!! 📌🌬🎴🎲 Let’s start this Gods Unchained overview by mentioning how you can earn now by playing God’s Unchained: First off, every weekend is, “Ranked-Constructed” play, where you can earn free packs for playing🤗. (We have a graph below which describes what you earn, depending on the amount of games you win out of twenty five, as well as your starting rank. As you can see, the more games you win, the higher quantity and quality of cards are earned.🥳 Things get a lot more intense once you reach Mythic level, but you’re gonna need a fairly expensive deck to make that happen. Some of the first expansion Genesis cards that help you to reach Mythic level are crucial🔑, they sell at ridiculous prices though. Graph mentioned previously is listed in comment update (You can find the same graph on the Immutable website, along with a lot of other useful information) CSC , and Epics which could skyrocket in value any day. Immutable plans to release another expansion as well, they are currently In the process of minting all the cards from the base and genesis set, onto Immutable X. I have several confirmations they are almost done with this; Such as the Mythic draw due to happen any day now, which people who bought Trial Of The Gods cards got raffle tickets for. Over the past four days, Immutable X has been transacting very slowly compared to the norm🐢⏳⏰. Frankly, in the three games we went over, content release has been held back. CSC hasn’t had a promotion, which they usually do often. Something very big Is coming.. I’d Imagine a lot of games on Immutable X pump hard🐮🆙, making millionaires,💲 no doubt. It’s Important to note God’s Unchained has a good referral program too. Check It out! Summary Please feel free to comment📝✏💬 , questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😪 below in the comment section or contact me directly with any thoughts💭🤔, or questions and let me know what you think about this Idea. Speculate away. 😅😁I bet on Immutable almost a year ago. I hope everyone learned something about some good opportunities to buy the dip In Dapp games with high profit, low risk potential with high probability. Immutable has inspired me to work on my own Play-To-Earn Dapp game, as we have similar taste in games. Follow the upcoming releases from Immutable. I’d Imagine they had some sway In what Dapp games they picked up. I’m getting into pre-alpha no doubt. Thank you so much for considering my take on these 3 games and Immutable X, along with the immense profit potential I personally am noticing here. Thank you so much!!!☺ Jazerbay 🐶
BINANCE:ETHUSDT_PREMIUMEducation
by jazerbay
18