Black Hat Hacker Master™

2022-06-05 20:23:12 An NFT Internet

Content creators can sell their work anywhere and can access a global market.

The Internet today

Creators depend upon the infrastructure and distribution of the platforms they use. Open / Comment

2022-06-05 20:23:08 An NFT Internet

Every NFT should have an owner.

The Internet today

It has a ownership records of digital items are stored on servers controlled by institutions. Open / Comment

2022-06-05 20:23:04 An NFT Internet

NFTs are digitally unique. Therefore no two NFTs are the same.

The Internet today

A copy of a file, like a .mp3 or .jpg, is the same as the original. Open / Comment

2022-06-05 20:23:01 What is the difference between NFT and Internet today?

Here, some important differences between NFT and the Internet today. Open / Comment

2022-06-05 20:22:57 Can you buy NFTs with cryptocurrencies?

Yes, you can buy NFTs with cryptocurrencies like Ethereum, Litecoin, Bitcoin, etc. Open / Comment

2022-06-05 20:22:51 Why are NFTs worth millions of dollars?

Every NFT is different and unique as their unique qualities and authenticity characterize them. These tokens are easily verifiable and can always be followed back to the original creator. Moreover, they can’t be duplicated. Authenticity plays a major role in the rise of NFTs.  Open / Comment

2022-06-05 20:22:39 NFT examples The NFT world is relatively new. In theory, the scope for NFTs is anything unique that requires provable ownership. Here are some examples of NFTs that exist today to help you get the idea: A unique digital artwork. A unique sneaker in a limited… Open / Comment

2022-06-05 20:21:32 NFT examples

The NFT world is relatively new. In theory, the scope for NFTs is anything unique that requires provable ownership.
Here are some examples of NFTs that exist today to help you get the idea:

A unique digital artwork.

A unique sneaker in a limited-run fashion line.

An in-game item.

A digital collectible.

A domain name.

A ticket or a coupon that gives you access to an event. Open / Comment

2022-06-05 20:21:32 Top NFT Projects

Here are some top NFT Projects:

OpenSea : It is one of the famous marketplaces for NFT art and collectibles. This platform has listed items ranging from ENS to virtual land or pets. This marketplace allows you to purchase using several virtual currencies like ETH and DAI.

Async.Art : Async is a non-fungible token artwork marketplace. Apart from buying and selling your NFT, you can also create your own NFT tokens. The platform also allows art creators to easily define their artwork’s appearance and behavior.

Ethereum Name Service : ENS is a domain name service project that came to life in mid-2017. The ETH domain names are NFTs that use Ethereum’s ERC-721 standard and can be traded on NFT marketplaces.

Decentraland : It is one of the leading marketplaces that focused on a distributed virtual world. On this site, participants can buy virtual land. They can also create virtual scenes, artworks, etc., with the help of a simple Builder tool and participate in events to win prizes. Moreover, each “inhabitant” has a special identifying digital passport.

Tezos : It is an open-source blockchain platform for digital assets and applications. It helps you create smart contracts and build decentralized applications that cannot be censored or shut down by third parties. Open / Comment

2022-06-05 20:21:32 Advantages of NFTs

Advantages of NFTS are:

They are transferable: Unlike exchange-traded cryptocurrencies, NFTs can be bought or sold on special marketplaces. However, their value depends on their uniqueness.

They are authentic: Non-fungible tokens are powered by Blockchain technology that makes NFT genuine. Therefore, it is almost impossible to create counterfeits with a decentralized and immutable ledger.

Preserve ownership rights: NFT uses decentralized platforms where no owner can change the data once it is programmed. Open / Comment