Search the Community
Showing results for tags 'nfts'.
-
Although real estate is often considered a safer investment over stocks, it isn’t for everyone, a reality leading many to look to the digital realm as an alternative. Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks. Stability can be likened to the scarcity principle driving demand in many ways. But ultimately, there are only so many plots of land available in the world today unless explorers move beyond Earth’s borders. One more benefit of real estate is passive income since many real estate investors make money through rent payments that provide a steady income stream on top of the property’s value increase. Of course, leveraging a real estate asset makes the investment more attainable, enabling users to expand their holdings even without enough cash. Yet, real estate is not the perfect investment for every investor despite these numerous benefits. Unlike other assets which can be purchased incrementally, real estate requires the owner to save a substantial amount of money before placing a down payment. Concerns around down payments are second to the level of risk in holding a property investment, as it cannot be liquidated easily to address an immediate need for cash. Therefore, despite the advantages of investing in this asset class, the barriers are still relatively high compared to other traditional avenues. Addressing this accessibility gap, land in the metaverse, also known as NFT land, is a rapidly growing sector in which many players are capitalizing on similar opportunities to create, earn passively, and grow their wealth without the drawbacks or restrictions imposed in the real world. Some of these examples include the seemingly unlimited opportunities to test an investor’s creativity through the bespoke creation of a storefront, home, business, or even entire community tailored to their liking. Of course, all this can be done with the security that comes with blockchain backing, which verifies the authenticity and ownership of each original plot. A case can also be made for investors looking to increase their wealth through commercialization. As metaverse platforms continue to grow and more people start visiting these worlds. Digital landowners realize earnings by renting out land, selling it, building virtual properties or businesses, leasing it out or trading it for other NFTs. Therefore, as the lines between digital and physical realities become increasingly blurred, NFT land continues to be positioned as the equally lucrative brother of traditional real estate. A Closer Look At Virtual Land To give this concept a definition, consider that digital reality exists in a virtual space, one that tech investors, crypto enthusiasts and the general population define as the metaverse. On most platforms, users will find a realistic experience, relying on a three-dimensional setting and, therefore, providing users with an immersive element that mirrors the real world in many ways. These projects are often divided into smaller areas and sold as “land” or “plot” offerings like the physical world. Each plot is often purchased with the asset’s native cryptocurrency, although some projects may accept fiat. To some, however, the question remains largely unanswered: Why purchase something in the digital world rather than the physical one? As movies like Ready, Player, One proves, the virtual world is just a place where people can fulfill their social needs, which is why more and more people are joining these platforms. Taking a different perspective, many look to residents of impoverished countries who may never be able to enjoy the same real-world lifestyle as a multimillionaire. For some, virtual reality (VR) has been seen as the bridge to overcome these inequalities — the great equalizer, if you will. As per News, a third-factor taps into trends of how and where people are spending their time. As more people engage online, it makes sense that the assets they want to display to their peers or their “flexes” could exist in the digital realm. For these reasons, it may not be as far-fetched as skeptics once believed to facilitate the transition from physical to digital space. Last but certainly not least, the exploration of the myriad digital applications for businesses to realize a profit is still in its nascent stages. Following the COVID-19 pandemic, several hosted events and conferences have already been moved to a virtual setting, enabling team members from across the globe to participate. With cost savings from plane tickets and greater collaboration, it makes sense that many aspects of virtual workplaces will carry forward even as the world opens back up to in-person commerce. Accessing A Digital Community Contrary to what some might believe, the process of purchasing and selling metaverse land is fairly simple, and one of the biggest decisions is choosing a platform in which to participate. One notable project that stands out above the rest is KEYS Token, a real estate-based cryptocurrency ecosystem running on Ethereum (ETH). According to its product roadmap, KEYS has already launched its groundbreaking Meta Mansions NFT collection and has future plans for additional releases and a rental app. Plots are available as a part of the Meta Mansions collection; a luxurious residential community split up into 8,888 virtual NFT mansions within the proprietary KEYS Metaverse. Unlike other digital landscapes, the KEYS Metaverse is powered by Unreal Engine 5 and is being created through a $100 million partnership with Genius Ventures. The metaverse enables investors to generate active and passive cryptocurrency income by creating businesses, designing and selling assets, and providing services, much like an entrepreneur would in the real world. The benefits of holding KEYS digital real estate also extend beyond the digital realm, allowing investors to gain exclusive benefits on partner products and services and exclusive KEYS events that will be hosted both in the KEYS Metaverse and the physical world. Therefore, as real life and digital residence become even more closely linked, KEYS Metaverse investors are given a new opportunity to diversify their investments and participate in building the next iteration of the internet.
-
Digital art is experiencing a renaissance in this period, thanks to the revolution implemented by cryptocurrencies. If you are interested in this world and believe you can sell some of your works, continue reading and learn how to make money with NFT. What are these NFTs? Starting from the basics of this ultimate guide to earning with NFT, the word NFT stands for non-fungible token. NFTs serve the same purpose but for purely digital objects not present in the real world. These NFTs allow GIFs, videos, JPEG or PNG photos, and virtually any other digital format, to be certified as unique. The non-fungible-token technology allows a new type of ownership for digital files that were previously not possible in any way. NFTs can be bought, collected, traded, sold, and even destroyed just like the physical objects we own in the real world. Thanks to blockchain technology, these works of art transformed into NFTs are equipped with a transparent transaction and a historical price visible to anyone with an internet connection. The process of transforming your work into an NFT is known as minting, which refers to the act of creating a new token on the Blockchain that will be linked to that content forever. When an artist coins a new NFT, they attach a built-in fee (usually around 10-30%) that they will receive whenever the digital work is resold in the future. NFT how to get started Getting started in the world of NFTs is very exciting, as there is a large choice of products that you can buy or creations ready to see the light. If you want to get started in the world of NFTs as a buyer, these are some ways. Find a community that is active and interested in their NFTs. Exclude those communities interested only in speculating on the final sale price. The most active communities gather on discord to talk about expansion plans and ideas Evaluate whether or not an NFT is of any use. Many NFTs for sale offer benefits that can be admitted to concerts or free consultations. Check the price history to understand if anyone has already speculated on that particular project or not. It is not worth milking the cow for too long. Start selling NFTs on the blockchain You don't need in-depth knowledge of cryptocurrencies to create an NFT, but there are some tools you need to get started, like a crypto wallet and a few euros in Ethereum. If these terms are unfamiliar to you, that's okay, as I will walk you through the process step by step. You can set everything up in minutes and from your phone. Remember that you will have to buy Ethereum, as the much-discussed Bitcoin cannot be traded with this type of asset. Set up an Ethereum wallet The first step in your journey to make money with NFT is to create a digital wallet where you can safely store the cryptocurrency that is used to buy, sell and create NFTs. The wallet also allows you to securely log in and create accounts on the NFT markets. There are hundreds of platforms that provide free wallets for storing cryptocurrencies and I have tried all the options I will mention in this guide. Link your wallet to an NFT marketplace Once your wallet is set up and you have purchased Ethereum, it is time to choose a marketplace where you want to create an NFT and publish your work. For creators just getting started with NFTs, I'd suggest posting their digital works to Rarible , as the site has the simplest setup I've tried. To connect your wallet to Rarible, go to the site and click on the connect button in the top right corner of the screen. From the next screen, select the WalletConnect option if you are using Metamask. Instead, click on WalletLink if you are using Coinbase Wallet. It doesn't matter which wallet you are using, the next step will be more or less the same. After selecting your connection option, a QR code will appear on the screen. Use your wallet application to scan this code. Once you have scanned the code, confirm that you want to link your wallet to Raible . After linking a wallet, your Rarible account is immediately generated. You now have everything you need to create, mint and sell your first NFT. Where to sell NFT? New NFT marketplaces are popping up on a daily basis as interest in this technology continues to grow. In this section, we will look at some of the largest online marketplaces and discuss the unique goals of each to help you make a decision on where to sell your NFTs online and safely. Of course, if you want to sign up on an NFT marketplace other than these, do a search to make sure the site is trustworthy and reputable. NFT on OpenSea OpenSea was one of the first NFT marketplaces established and features a huge library of content with pricing across the board. The site covers all types of NFTs, from digital art to 3D collectibles and those used in video games. OpenSea is also completely open to newcomers, making it easy to start selling your work. The site is extremely accessible to those new to NFTs and has one of the best piece browsing experiences I've ever seen. This platform has seen its popularity grow thanks also to the Metaverse and virtual worlds, a new frontier that unites the NFT world with that of virtual reality. When you want to start your NFT on the metaverse platform for your investment, here is one of the best platforms to start.(J^x2TSMvRj1COh0^) NFTs characters on GXG Metaverse Gaming Platform GXG Metaverse Gaming Platform will be launched in 2022 to open up a brand new chapter with a virtual entertainment world where people can develop games independently, play and socialize between the players, and create the Gaming Finance (GameFi) related NFT characters. On the platform, not only the games developers can make profits for designing the games but also the players will get the virtual assets from playing and participation in GXG meta-event. The Metaverse Game developed by the GXG team is called Horse Racing which will give you incredible moments with the NFT role named “Raceshores”. Total circulation of 1000 NFT roles will be available for sale. Each NFT from GXG has unique attributes and pedigrees for the players. The distribution method for the system is blind box and whitelist. According to its high economic reward model, the win rates and bonuses attributes will be different. Holding the NFT horses is not only having the chance to participate in a competition to collect bonuses but also can sell the horses in the NFT Market and to obtain “stallions” through mating. NFT horse from GXG metaverse has uniqueness for serving a permanent asset for a holder from horse racing and will continue the holder to earn game bonuses. If you are the one who wants to explore the new NFT gaming projects, more info at https://www.yeyu123321.co/
-
Buy the NYE Lucky Squares NFT and win 25 ETH or 1 ETH!!! 81 Total winners will be drawn. ONLY 5000 Available! Visit https://www.nyeluckysquares.com to purchase Winners will be posted on website to allow full transparency of the contest. Winners will also be verified via smart contract to allow full traceability. The NFT collection is featured in a prominent crypto news site. See article here: https://www.cryptonexa.com/2021/12/23/nye-lucky-squares-transparent-and-legit-nft-raffles-at-nye-luckysquares/ Contest just started and winners are drawn as soon as the full collection is minted. They are using smart contacts to provide full transparency to participants. video.mp4
-
- nfts
- cryptocurrency
-
(and 1 more)
Tagged with:
-
FIRST SMART CONTRACT NFT RAFFLE! Buy the NYE Lucky Squares NFT and win 25 ETH or 1 ETH!!! 81 Total winners will be drawn. ONLY 5000 Available! Visit https://www.nyeluckysquares.com to purchase Winners will be posted on website to allow full transparency of the contest. Winners will also be verified via smart contract to allow full traceability. The NFT collection is featured in a prominent crypto news site. See article here: https://www.cryptonexa.com/2021/12/23/nye-lucky-squares-transparent-and-legit-nft-raffles-at-nye-luckysquares/ Contest just started and winners are drawn as soon as the full collection is minted. They are using smart contacts to provide full transparency to participants. video.mp4