67 Results Found For: "NFT"

How to use NFTs in metaverse?

The change in the digital world is the only constant we’ve seen in the past few years. The wave of change brought us blockchain technology, advancements in AI technology, Web 3.0, and the recent hype over the Metaverse. One could argue that the Metaverse is an amalgamation of previous tech advancements. In the midst of […]

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Initial NFT Offering: How to launch an INO?

INO is the short form of Initial Non-Fungible Token Offering. It was recently developed as a crowdfunding technique carried out through decentralized platforms. Non-fungible tokens are sold at the early stages of a project in limited amounts for a stipulated period. This sale raises money for further project development while bringing in committed investors for the NFT asset.

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How record labels can embrace NFTs to add more value to their fans?

The music industry is among the novices entering the NFT space showing potential future for artists to own and distribute their talents in non-traditional ways through NFT Record Labels. NFT Record Labels enable artists to interact with fans much better and run wild with their creativity without the reins of established music labels. It also […]

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How sports clubs can redefine fan experience with NFTs?

Over $230 million has been generated due to trading NBA Top Shots. Lebron James was solely responsible for a $200,000 Top Shot, with Zion Williamson catching up closely behind. The NBA proactively joined the sports NFTs bandwagon by introducing Top Shots, a trading card system developed by the National Basketball Association and Dapper Labs. Top […]

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Where will NFTs pop up next?

Though having relatively humble beginnings as a blockchain technology underlying some projects in the mid-2010s, non-fungible tokens absolutely exploded in notoriety in 2021. Probably the most discussed due to the eye-watering sums involved is how they’ve changed the face of modern art, but NFTs have also established a place in digital entertainment and modernized the very concept of sports trading cards…..

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Applications of NFTs in Digital Entertainment

In its initial days, blockchain technology was seen as an experimental gimmick with no foreseeable practical applications but then came the era of cryptocurrencies. Powered by blockchain under its belt, cryptocurrencies swept past all growth estimates. After proving its worth this new world of blockchain became the focal point for tech communities and newer digital […]

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Is NFT in Gaming the Next Best Investment?

In the past few years, we have seen several applications of NFT in the gaming industry. The latest is NFT games or play-to-earn games, pushing the NFT gaming industry to boom like never before! NFT games have become popular in the Game-fi world, paving ways to earn income. You can sell your in-game NFTs to other […]

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What are Semi-Fungible Tokens and How is it different from NFT?

In the ever-developing space of blockchain technology, the latest improvement is a Semi-Fungible Token (SFT). Coming in as a development on the foundation of Non-Fungible Tokens, SFTs allow swapping like a fungible token but once it’s redeemed or traded it turns non-fungible. Since the NFT ecosystem is on a steady rise these innovations around the […]

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BEP 721 token: The Binance Smart Chain supported NFT

The ETH 721 token standard prides itself on being the first token used to represent NFT’s in the Ethererum blockchain. But the gas fees for NFT transfers became too expensive, and the transaction time was too long in Ethereum. Like a savior, the Binance Smart Chain blockchain platform came in with quick transfers and low […]

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