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Showing posts from August, 2022

How To Calculate The Right Price For Your NFTs?

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  A Pic Of A Monkey Is Selling For Millions Of Dollars! How To Determine The Worth Of Your NFTs? Non-fungible tokens, or NFTs, are in great demand and frequently come up in discussions about cryptocurrencies. People need NFTs to monetize their work and prove their ownership. As NFT usage increased over time, businesses stepped up to launch marketplaces through the NFT marketplace development service .   How Is NFT Valued? The value of NFT cannot be determined using a handbook. NFTs are not subject to the same evaluation criteria as private businesses or more conventional investment instruments like equities. Instead, several elements can aid in determining the "Value of an NFT."   Extremely Rare And Irreplaceable Famous celebrity illustrators' original works can serve as good instances of rare NFTs. Some unique gaming objects can also be successful in this category. These NFTs have a lot of inherent value due to their rarity. An irrevocable proof of ownership offers the b...

NFT's for Music and Its Smart Contract

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Breaking Up With The “Music Copyright Violations” Using Smart Contracts  A day without music does not go well for most of us. With the addition of a few good tunes, we will be all set for an entire day of work. In this digital generation, the way we hear and own music has changed. We are no longer listening to songs on the radio or on iPods. With the evolution of internet-based technologies, all we need now is just a mobile app to hear some beats. There are millions of music artists around the world. From a composer’s perspective, copyright infringement is more common in the music industry. What could be the best technology to break down these issues other than ‘ blockchain ?’ –  Let us dig in! New Era Of Decentralized Music In the traditional music industry, composers are more exposed to these problems such as music piracy, copyright violation, fake ownership claim, etc. To overcome this problem, we have the best solution in our hands! Ever heard of “ decentralized music ?”...

Starting A New Business? Here’s How NFTs Can Help

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We, the people, are constantly curious about genuine and trustworthy goods and services.  To satisfy our hunger for this curiosity, NFTs (Non-fungible tokens) that run on blockchain was introduced. Since they’re based on blockchain, they are completely secure, and anyone can view the owner's information and the entire history of any NFT. There might be a few questions in your mind, like where can I sell NFTs? Are they only for celebrities and millionaires? Can I use it for my start-up or small business? NFT is for all. To facilitate the trading of NFTs, NFT marketplaces were introduced. Any individual or business can opt for Futuristic NFT marketplace development services - I mean small businesses and start-ups too. What’s an NFT? A non-fungible token or an NFT is a digital asset that represents virtual and physical things. NFTs represent artworks, photos, music, videos, collectibles, agreements, tickets, certificates, health records, and more. Each NFT is unique and cannot be sub...