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Can Anyone Make An NFT?

Can anyone make an NFT?

NFTs are an ideal way of selling artwork and building a relationship with an audience. But can anyone make an NFT? Anyone can make an NFT on a marketplace like OpenSea. They’ll even cover the minting fees. All you have to do is follow these minting instructions: Send Eth to your Metamask Wallet Connect your Metamask …

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What Is Important About Non-fungible Tokens? 5 Compelling Reasons

What is important about non-fungible tokens?

As they gain mainstream acceptance, the most common question is, what is important about non-fungible tokens? We explore the possible reasons in this article.  Most people probably hadn’t heard of non-fungible tokens (NFTs) before Beeple’sEverydays: The First 5000 Days NFT auctioned for $69.3 million in March 2021. But since then, NFTs have exploded in popularity, …

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What Are NFT Games?

NFT Games

Non-Fungible Token or NFT games are any games that feature digital collectibles or items in the form of a token and are based on blockchain technology.  This feature makes each game fully tradable in the game itself and outside of the game through the utilization of NFT marketplaces.  NFT games have gained a high level …

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How To Know Which NFTs Are Good? 8 Questions to Ask

How to know which NFTs are good?

When I got into the NFT space, I couldn’t believe how many shoddy, derivative knockoffs would-be project owners create to cash in on popular trends like Bored Ape Yacht Club, CryptoPunks and Word of Women. I wanted to understand what makes an NFT that’s worth holding onto? Just which NFTs are good? Asking these questions will help you research an NFT more easily.

NFTs and Artificial Scarcity: How Are NFTs Not Artificial Scarcity?

The First 5000 Days

I’m fascinated by how many NFT projects claim we can only buy or mint 5,555, 10,000 or 15,000 or even just one JPEG, GIF or meme from the collection. Creators and developers could create more, but they deliberately attempt to control supply and demand. Is this the practice of artificial scarcity ethical or an attempt to extract as much Eth as possible from the free market?