In recent years, a new phenomenon has taken the world by storm: Non-Fungible Tokens, or NFTs. These unique digital assets have revolutionized the way we perceive ownership, value, and the intersection of art and technology. In this article, we will delve into the evolution and impact of NFTs, examining their rise to prominence and the transformative effects they have had on various industries.

Understanding NFTs

NFTs are cryptographic tokens that represent ownership or proof of authenticity of a unique item or piece of content. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are interchangeable and fungible, NFTs are indivisible and irreplaceable. Each NFT is distinct and holds specific characteristics that make it one-of-a-kind.

The Evolution of NFTs

While the concept of NFTs dates back to the early 2010s, it was not until more recently that they gained widespread attention. The emergence of blockchain technology, particularly Ethereum, provided the necessary infrastructure for the creation, ownership, and trading of NFTs. Ethereum's smart contracts enabled the implementation of standards like ERC-721 and ERC-1155, which revolutionized the NFT ecosystem.

NFTs in the Art World

The impact of NFTs has been particularly profound in the art world. Artists and creators now have the ability to tokenize their work, representing it as a unique digital asset. This has opened up new avenues for artists to monetize their creations, bypassing traditional gatekeepers and reaching a global audience. NFT marketplaces have emerged as platforms for buying and selling digital art, with record-breaking sales grabbing headlines worldwide.

NFTs in Gaming and Virtual Worlds

Beyond art, NFTs have found significant traction in the gaming industry and virtual worlds. Game developers are integrating NFTs into their ecosystems, allowing players to own and trade in-game assets with real-world value. This concept of "play-to-earn" has the potential to disrupt traditional gaming models and empower players to monetize their skills and time spent in virtual environments.

NFTs and Collectibles

NFTs have breathed new life into the world of collectibles. Digital trading cards, virtual sneakers, and virtual pets are just a few examples of collectible items that can be tokenized as NFTs. This digital ownership of collectibles enhances the sense of rarity and authenticity, driving interest and value among collectors.

The Impact of NFTs on Intellectual Property and Licensing

NFTs also hold promise in revolutionizing intellectual property rights and licensing. By tokenizing content, creators can establish ownership, trace provenance, and even earn royalties on secondary sales. This transparent and immutable nature of blockchain-based ownership can help protect artists' rights and ensure fair compensation for their work.

The Future of NFTs

As NFTs continue to gain momentum, their potential applications are expanding. From music and virtual real estate to sports memorabilia and educational content, NFTs are reshaping industries across the board. However, challenges remain, including concerns over environmental sustainability and the need for increased accessibility and inclusivity within the NFT space.

Conclusion

The rise of NFTs represents a paradigm shift in the digital landscape, blurring the lines between physical and digital ownership. By providing a means to establish scarcity, authenticity, and provenance in the digital realm, NFTs have created new opportunities for artists, creators, and collectors. As the technology evolves, it is crucial to navigate the challenges and ensure that the potential of NFTs is harnessed responsibly, fostering innovation and empowerment within a rapidly changing digital world.

#NFT #nftcommunity #nftroyalty #binancenft #binancepaymarketplace

Binance is rewarding users for trading Ordinals, the Bitcoin NFTs. The contest will run from June 6 to June 19, 2023. To participate, users must trade ordinals on the Binance NFT marketplace. Each business will give a user a raffle ticket. The prize pool consists of 80 ordinal NFTs, some valued at over $4,000.

Here are the contest details:

Start date of the promotion: June 6 to - June 19, 2023

Eligibility: All Binance users who trade ordinals on the Binance NFT marketplace are eligible to participate.

How to enter: To win a raffle ticket, simply trade ordinals on the Binance NFT marketplace. Each operation will grant you a ticket.

Prize Pool: The prize pool consists of 80 ordinal NFTs, some valued at over $4,000.

Winners: Winners will be randomly selected and announced on June 20, 2023.

I hope this helps!

However, also for more information about the contest and how to participate, visit the Binance NFT website or the link that I will leave below to take you to the official publication on the Twitter Network

https://www.binance.com/en/support/announcement/binance-nft-marketplace-now-supports-bitcoin-nfts-c439af0afcf5414ab035496da1409887

Do not stay without participating in this promotion, you can be the chosen one, do not stop building and good luck to all!

#bitcoin #ordinal #binancenft #keepposting

NFT is still a young segment of the crypto market with its own pricing laws, trading peculiarities, asset transfer and trading rules.

In some aspects, tracking and flipping NFTs is more difficult than trading exchangeable tokens and even DeFi activities, so it is also important to have a toolkit for analyzing information.

Analysis and Monitoring

Let's start with the tools that help you track upcoming and current NFT mintages, as well as market data for specific NFT collections and general market information:

NFTNerds: displays trending collections, tracks mintages, and provides a dashboard with a complete set of information for a specific collection, including deals, NFTs available for purchase, trading volume, and other information.

Moby.gg: Provides real-time data on price changes, transactions by specific users, new mintages, sales, and other important events.

A good solution for tracking activity for a particular collection or whale. There is also an alternative service called Ninjalerts, which allows you to receive event notifications through a mobile app.

Icy Tools: A data aggregator for NFT collections. It allows you to view key trading metrics for a given time period, track upcoming mintages, and receive notifications about important events.

In general, it combines the functionality of the tools described above, but to access all the features you will need to purchase the paid version.

An alternative aggregator called Compass is also available - it has fewer features, but has all the necessary information about the market, coins and specific collections.

Parsec: The service provides detailed information on transactions for a specific NFT collection, as well as a price chart and key market data.

It will be useful for tracking collections in real time. In addition, Parsec has useful tools for DeFi activities.

Also, don't forget that in the case of NFTs, it is equally important to follow the collection's (or founder's) social media activity, as their tweets/posts can have a significant impact on the price.

NFT trading is an emotional, volatile and social media sensitive segment of the market. 

NFT Marketplaces

If you haven't chosen a platform to trade NFTs yet, you can start your search with the following marketplaces:

Rarible and LooksRare: The oldest marketplaces on the Ethereum network. They were originally focused on NFT art, although they now offer a variety of collections.

The platforms lost their influence after the emergence and development of OpenSea, but still remain important players in the Ethereum ecosystem.

OpenSea: The most popular marketplace on the market with support for 8 blockchains. It offers a convenient interface and has a reputation as a reliable and secure trading platform.

It is in demand by both NFT degens and newcomers, although it remains primarily focused on Ethereum collections.

MagicEden: Formerly the largest marketplace on the Solana network, MagicEden is now a multi-chain platform for trading NFTs.

It is second in popularity only to OpenSea, although after the problems in the Solana ecosystem related to the bankruptcy of FTX, the popularity of both Solana NFTs and Magic Eden has declined.

Immutable: an NFT marketplace on the ImmutableX network. Since the network itself is focused on gaming projects, the collections presented on the marketplace are only related to blockchain games built on top of ImmutableX. In general, this is a niche platform.

As an alternative, you can use NFT aggregators that collect offers from several marketplaces at once, such as Gem or Uniswap NFT. Due to the larger number of offers, the user gets a wider range of prices and the opportunity to buy NFTs more profitably than on a single marketplace.

Bots and Automation

Since multi-accounting is common in NFTs, and some collections are in such high demand that even a one-second delay in trading or minting can lead to failure, many NFT flippers and collectors use automation services:

MinTech: a minting automation bot. It not only supports direct minting from a smart contract, but also tracks regular and stealth mints and provides a built-in portfolio tracker.

It currently only supports mints on the Ethereum network, but is constantly being updated.

NFTthunder: An automation service for OpenSea and Ethereum collections. It allows direct minting from a smart contract, creating and managing different wallets, setting mint participation mode, gas cost and transaction order.

It also has a sniping module on OpenSea and automatic offer placement. 

Breeze: a virtually universal automation service. It provides modules for various trading platforms and coin services, as well as extensive capabilities for managing multiple wallets.

It will be especially useful for multi-accounts, as it allows managing dozens of accounts on different platforms: from Premint to AlphaBot, and automates some processes for participating in raffles/mints (such as filling out Google forms).

These tools will increase the likelihood of a successful mint, allow for faster and more profitable purchase of desired NFTs, and easily manage dozens of wallets, which will greatly increase the efficiency of flipping and save time.

If necessary, you can also use more niche bots, for example, tailored for trading on specific NFT marketplaces.

All links to the above sites in the article, we will place in our telegram channel, come. (Binance does not allow the posting of third party links)🥲

We will finish with tools in the next article about news resources and event calendars.

#nfts #binancenft #opensea #crypto2023

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#cryptopredictor #cryptopm #binancenft #nftmarket

Binance NFT Marketplace is excited to announce that the Bitcoin network has been added to its list of supported chains, further expanding the NFT ecosystem for its community. 

The integration of Bitcoin network further elevates Binance NFT to a multi-chain, open marketplace ecosystem, where users can now explore and trade a wider variety of NFTs across multiple blockchains, including BNB Smart Chain (BSC), Bitcoin (BTC) network, Ethereum (ETH) network, and Polygon (MATIC) network, from their Binance accounts. 

Key Benefits:

Users will now be able to buy, deposit, withdraw and list NFTs from the Bitcoin network on the Binance NFT Marketplace, directly from a Binance account. Users are not required to have a separate BTC wallet.

By holding Bitcoin or any token in their spot wallets, users can trade NFTs on the Binance NFT Marketplace.

Notes: 

Currently, only selected Bitcoin NFT Collections on the Bitcoin network are available on the Binance NFT Marketplace. Binance NFT will launch more NFT collections on a regular basis. Please refer to the FAQ for the list of Supported Bitcoin NFT Collections.

Users should exercise due diligence in checking that their deposit address is correct before depositing NFTs. NFTs may not be retrievable if they are deposited to the incorrect deposit address. For more information, please refer to the FAQ.

Users will need to hold Bitcoin in their spot wallets in order to withdraw Bitcoin NFTs.

Promotion: Trade Bitcoin NFTs On Binance NFT Marketplace to Grab Another Exclusive Bitcoin NFT

Promotion Period: 2023-06-06 10:00 (UTC) to 2023-06-19 23:59 (UTC) 

Snapshot Period 1: 2023-06-13

Snapshot Period 2: 2023-06-20

To mark the integration of the Bitcoin network in Binance NFT Marketplace, Binance NFT is launching a new promotion to reward the NFT community. Users who complete at least one trade for Bitcoin NFTs at the Binance NFT Marketplace during the Promotion Period (including buys or sells), can qualify to share a total of 80 Bitcoin NFTs, as per the rewards structure below. 

Rewards Structure:

For eligible users who previously participated in Binance NFT’s registration event from 9 - 15 May 2023: 

At every Snapshot Period, 25 winners will be selected using the Award Selection Rules Based on BNB Beacon Chain Hash Value to each receive one Bitcoin NFT from the following Bitcoin NFT collections. From this group of eligible users, a total of 50 winners will qualify to each receive a Bitcoin NFT reward. 

Breakdown of available Bitcoin NFT rewards per Snapshot Period: Bitcoin Pizzas (3), DogePunks (1), JOMOHippo (3), PixelBirds Sparrow (2), Ordz Heroes (4), NPC Ordinals (1), Neo Yauto (3), Block Legends (8).

For all remaining eligible users: 

15 winners will be selected based on the Award Selection Rules Based on BNB Beacon Chain Hash Value at each Snapshot Period. Each winner will stand to receive one Bitcoin NFT from the following Bitcoin NFT collections. There will be a total of 30 winners amongst this group of users.

Breakdown of available Bitcoin NFT rewards per Snapshot Period: Bitcoin Pizzas (1), DogePunks (1), JOMOHippo (1), PixelBirds Sparrow (1), Ordz Heroes (2), NPC Ordinals (1), Neo Yauto (3), Block Legends (5).

Stay tuned as we continue to integrate more platforms and blockchains to Binance NFT Marketplace, and optimize our features to expand the range of our offerings. 

Terms & Conditions:

Users have to complete identity verification in order to list and trade NFTs on the Binance NFT Marketplace.

The Bitcoin NFT rewards will be automatically distributed to users’ accounts within two weeks after the Promotion ends. Users can find their NFTs via Binance NFT Marketplace > My NFTs > Collected.

Each user may qualify to receive a maximum of one Bitcoin NFT from the Promotion.

Binance reserves the right to suspend, freeze or cancel the use of Binance accounts showing signs of fraudulent behavior.

Binance reserves the right to disqualify trades that are deemed to be illegally bulk registered accounts.

Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.

Additional promotion terms and conditions can be accessed here.

Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-06-06

source: https://www.binance.com/en/support/announcement/binance-nft-marketplace-now-supports-bitcoin-nfts-c439af0afcf5414ab035496da1409887

Before doing anything in this new industry of NFT it is recommended to know these basic procedures before buying NFT on the Binance NFT marketplace.

To acquire the Forever NFT CR7 (The Goat), you will need to follow these basic procedures to have some important NFT skills:

1. Research and Identify the NFT Platform: Look for a reputable NFT platform where the Forever NFT CR7 is being offered. We talk about the Binance NFT marketplace where the CR7 NFT collection is available.

2. Set Up an Account: Create an account. This usually involves providing your email address, creating a username, and setting up a secure password.

3. Secure a Digital Wallet: To store and manage your NFTs, you will need a digital wallet that is compatible with the NFT platform you have chosen. Some popular digital wallets include MetaMask, Trust Wallet, and Coinbase Wallet but the Forever NFT (The Goat) is only available on Binance NFT Marketplace. Follow the instructions provided.

4. Fund Your Spot Wallet: Add funds to your wallet by purchasing cryptocurrency like Ethereum (ETH) or Bitcoin (BTC). Most NFT platforms require transactions to be made in cryptocurrency, so make sure you have enough funds in your spot wallet to make the purchase.

5. Connect Your Wallet to the NFT Platform: Connect your digital wallet to the NFT platform by following the instructions provided. This step allows you to access your wallet and enables you to make transactions.

6. Search for the Forever NFT CR7: Use the search function on the NFT platform to find the Forever NFT CR7 (The Goat). You may need to browse through different collections or use specific keywords to narrow down your search.

7. Verify Authenticity and Details: Before making any purchase, carefully review the details of the Forever NFT CR7. Check if it is an official release, verify its authenticity, read any accompanying information or certificates of authenticity, and ensure it meets your expectations.

8. Place a Bid or Make a Purchase: Follow the instructions provided by the platform to place your bid or make the purchase. If you are bidding, monitor the auction and adjust your bid accordingly.

9. Complete the Transaction: Once your bid is accepted or your purchase is confirmed, complete the transaction by following the platform's instructions. This usually involves confirming the payment from your digital wallet and paying any associated transaction fees.

10. Transfer and Store Your NFT: After the transaction is complete, you will receive ownership of the Forever NFT CR7 in your digital wallet. Ensure that you transfer it to your wallet for safe storage. Remember to stay cautious during the process, do thorough research, and only transact on reputable procedures to ensure a safe and secure NFT purchase.

In summary, there are Four Rarity Levels: 29,327 NFTs

The ForeverCR7: The GOAT collection consists of 20 unique designs spread across four levels of rarity (Normal; Rare, Super Rare, and Super Super Rare).

Each level contains a different number of designs and quantity of NFTs.

The total number of NFTs in the collection is 29,327.

Each NFT comes with its perks and benefits from signed merchandise to an in-person training session with Cristiano Ronaldo.

We hope CR7 NFT goes to the moon after being listed on Binance NFT Marketplace!

#GOATMoments #nfts #binancenft