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How to Create Your Own NFT: A Step-by-Step Guide
NFTs (Non-Fungible Tokens) are digital assets based on blockchain technology that are unique. They can represent artworks, music, videos, virtual properties, and much more. If you are interested in creating your own NFTs, you can follow the following guide:
1. Choose a blockchain platform: There are various blockchain platforms that support NFTs, such as Ethereum, Binance Smart Chain, Flow, and many more. Choose a platform that suits your requirements.
2. Create an account: Register on the chosen platform and create an account. Make sure to provide the necessary information and follow the security measures.
3. Set up a wallet: Set up a crypto wallet to store and manage your NFTs. There are various wallets compatible with the supported blockchain platforms. Make sure to keep your wallet address secure.
4. Create your artwork or digital asset: Use suitable software or platforms to create your artwork or digital asset. You can use digital art programs, music production software, or 3D modeling tools, depending on what you want to create.
5. Tokenization: Once your artwork or digital asset is ready, you need to tokenize it to convert it into an NFT. Go to the selected platform and follow the instructions to upload and tokenize your asset. You may need to upload metadata such as title, description, artist name, and image.
6. Fees and gas: Note that there may be fees involved in creating an NFT. Depending on the platform and network, you may need to pay a fee in cryptocurrency to create the token. Make sure you have enough cryptocurrency in your wallet to cover these fees.
7. Publish and sell: Once your NFT is created, you can publish it on various marketplaces and offer it for sale. There are specialized NFT marketplaces like OpenSea, Rarible, SuperRare, and many more. Make sure to provide the necessary information and the price at which you want to sell your NFT.
8. Marketing and promotion: To promote the sale of your NFT, it is important to carry out marketing and promotion activities. Utilize social media, forums, and other platforms to advertise your NFT and reach potential buyers.
It is important to note that creating and selling NFTs can involve risks. Make sure to educate yourself about the platform, fees, security measures, and potential legal aspects before creating your own NFTs.
#Nfts #nfts #Binance #Binanceturns6 #GOATMoments
1. Choose a blockchain platform: There are various blockchain platforms that support NFTs, such as Ethereum, Binance Smart Chain, Flow, and many more. Choose a platform that suits your requirements.
2. Create an account: Register on the chosen platform and create an account. Make sure to provide the necessary information and follow the security measures.
3. Set up a wallet: Set up a crypto wallet to store and manage your NFTs. There are various wallets compatible with the supported blockchain platforms. Make sure to keep your wallet address secure.
4. Create your artwork or digital asset: Use suitable software or platforms to create your artwork or digital asset. You can use digital art programs, music production software, or 3D modeling tools, depending on what you want to create.
5. Tokenization: Once your artwork or digital asset is ready, you need to tokenize it to convert it into an NFT. Go to the selected platform and follow the instructions to upload and tokenize your asset. You may need to upload metadata such as title, description, artist name, and image.
6. Fees and gas: Note that there may be fees involved in creating an NFT. Depending on the platform and network, you may need to pay a fee in cryptocurrency to create the token. Make sure you have enough cryptocurrency in your wallet to cover these fees.
7. Publish and sell: Once your NFT is created, you can publish it on various marketplaces and offer it for sale. There are specialized NFT marketplaces like OpenSea, Rarible, SuperRare, and many more. Make sure to provide the necessary information and the price at which you want to sell your NFT.
8. Marketing and promotion: To promote the sale of your NFT, it is important to carry out marketing and promotion activities. Utilize social media, forums, and other platforms to advertise your NFT and reach potential buyers.
It is important to note that creating and selling NFTs can involve risks. Make sure to educate yourself about the platform, fees, security measures, and potential legal aspects before creating your own NFTs.
#Nfts #nfts #Binance #Binanceturns6 #GOATMoments
Unlock the potential of #realestate investment with #Landshare: innovative platform. Fractional ownership and #Nfts democratize property ownership.
#TokenizationOfRWA #Blockchain
#TokenizationOfRWA #Blockchain
🚨 Bullish News for ADA Coin 📈
One good news is comming out for ADA coin holders actually The 9th largest telecom company in the world Vodafone has confirmed the reports of it dropping out some NFTs. What’s more interesting is that they gonna use cardano chain for this purpose
And we all know when the amount of transactions, vol of transactions increase The Native token Gets a good chance of pumping hard
The vi representative also told that there would be no whitelist process but the 1st 1000 discord memebers would surely get some rewards.
also vodafone has had 50.2 bIllion revenue in year 2020 alone
What are your views on it ? (please comment )
#Nfts #crypto2023
One good news is comming out for ADA coin holders actually The 9th largest telecom company in the world Vodafone has confirmed the reports of it dropping out some NFTs. What’s more interesting is that they gonna use cardano chain for this purpose
And we all know when the amount of transactions, vol of transactions increase The Native token Gets a good chance of pumping hard
The vi representative also told that there would be no whitelist process but the 1st 1000 discord memebers would surely get some rewards.
also vodafone has had 50.2 bIllion revenue in year 2020 alone
What are your views on it ? (please comment )
#Nfts #crypto2023
#Nfts #win#nfts#hero #19983
that is good to buy same NFTS #MarketIndicators
looking good #winnfthero19983
good market price going to up on binance
that is good to buy same NFTS #MarketIndicators
looking good #winnfthero19983
good market price going to up on binance
⛔ They Promoted An NFT Scam BAYC 2.0 And Promptl🤯
Crypto Twitter "influencers" ProTheDoge, Borovik, and Fity promoted an NFT scam BAYC 2.0 and promptly dumped their BAYC 2.0 NFTs
If it's not obvious by now, please don't listen to any crypto influencers even the ones who seem legit... They're pretty much all being paid to promote mostly garbage tokens. Just ask yourself honestly...if you were a crypto influencer with a big following and someone came to you offering to let you get in on the ground floor of a token so long as you made some tweets to promote it, would you do it? Facts are that a lot of people would even ones who are generally "honest"
It's shocking that in 2023 these scams still work. You're not gonna get rich on an NFT or a new cryptocurrency unless you're the founders or one of these crypto insiders. Another good recent example is PEPE.
Anyone who isn't a founder or crypto insider is just their exit liquidity. People used to do this stuff through pump & dump stock schemes but it's even easier now with crypto.
Dont be exit liquidity... Stay away from N#Nfts and new coins
They didn't even bother coming up with a name better than BAYC 2.0
#GOATMoments
If it's not obvious by now, please don't listen to any crypto influencers even the ones who seem legit... They're pretty much all being paid to promote mostly garbage tokens. Just ask yourself honestly...if you were a crypto influencer with a big following and someone came to you offering to let you get in on the ground floor of a token so long as you made some tweets to promote it, would you do it? Facts are that a lot of people would even ones who are generally "honest"
It's shocking that in 2023 these scams still work. You're not gonna get rich on an NFT or a new cryptocurrency unless you're the founders or one of these crypto insiders. Another good recent example is PEPE.
Anyone who isn't a founder or crypto insider is just their exit liquidity. People used to do this stuff through pump & dump stock schemes but it's even easier now with crypto.
Dont be exit liquidity... Stay away from N#Nfts and new coins
They didn't even bother coming up with a name better than BAYC 2.0
#GOATMoments
What Is a Non-Fungible Token (NFT)?
Non-fungible tokens (#NFTS ) are resources that have been tokenized through a blockchain. They are relegated interesting ID codes and metadata that recognize them from different tokens.
#NFTS can be exchanged and traded for cash, digital currencies, or other NFTs — everything relies upon the worth the market and proprietors have put on them. For example, you could utilize a trade to make a token for a picture of a banana. Certain individuals could pay millions for the NFT, while others could think it useless.
Digital forms of money are tokens also; nonetheless, the key contrast is that two cryptographic forms of money from the equivalent blockchain are compatible — they are fungible. Two NFTs from the equivalent blockchain can appear to be indistinguishable, however they are not tradable.
KEY Important points
#Nfts (non-fungible tokens) are special cryptographic tokens that exist on a blockchain and can't be reproduced.
#NFTS can address advanced or certifiable things like fine art and land.
"Tokenizing" these genuine unmistakable resources makes purchasing, selling, and exchanging them more proficient while decreasing the likelihood of misrepresentation.
NFTs can address people's characters, property privileges, and then some.
Gatherers and financial backers at first looked for NFTs after the general population turned out to be more mindful of them, yet their notoriety has since waned.History of Non-Fungible Tokens (NFTs)
NFTs were made some time before they became famous in the standard. Supposedly, the main NFT sold was "Quantum," planned and tokenized by Kevin McKoy in 2014 on one blockchain (Namecoin), then stamped and sold in 2021 on Ethereum.
#NFTS are fabricated following the ERC-721 (Ethereum Solicitation for Input #721) standard, which directs how proprietorship is moved, techniques for affirming exchanges, and how applications handle safe exchanges (among different prerequisites).
The ERC-1155 norm, supported a half year after ERC-721, develops ERC-721 by grouping different non-fungible tokens into a solitary agreement, diminishing exchange costs.
#NFTS can be exchanged and traded for cash, digital currencies, or other NFTs — everything relies upon the worth the market and proprietors have put on them. For example, you could utilize a trade to make a token for a picture of a banana. Certain individuals could pay millions for the NFT, while others could think it useless.
Digital forms of money are tokens also; nonetheless, the key contrast is that two cryptographic forms of money from the equivalent blockchain are compatible — they are fungible. Two NFTs from the equivalent blockchain can appear to be indistinguishable, however they are not tradable.
KEY Important points
#Nfts (non-fungible tokens) are special cryptographic tokens that exist on a blockchain and can't be reproduced.
#NFTS can address advanced or certifiable things like fine art and land.
"Tokenizing" these genuine unmistakable resources makes purchasing, selling, and exchanging them more proficient while decreasing the likelihood of misrepresentation.
NFTs can address people's characters, property privileges, and then some.
Gatherers and financial backers at first looked for NFTs after the general population turned out to be more mindful of them, yet their notoriety has since waned.History of Non-Fungible Tokens (NFTs)
NFTs were made some time before they became famous in the standard. Supposedly, the main NFT sold was "Quantum," planned and tokenized by Kevin McKoy in 2014 on one blockchain (Namecoin), then stamped and sold in 2021 on Ethereum.
#NFTS are fabricated following the ERC-721 (Ethereum Solicitation for Input #721) standard, which directs how proprietorship is moved, techniques for affirming exchanges, and how applications handle safe exchanges (among different prerequisites).
The ERC-1155 norm, supported a half year after ERC-721, develops ERC-721 by grouping different non-fungible tokens into a solitary agreement, diminishing exchange costs.
Ubisoft, a leading video game company, has unveiled the first gameplay footage of its upcoming Web3 game, Champions Tactics: Grimoria Chronicles. Champions Tactics: Grimoria Chronicles is an experimental game that uses blockchain technology to enable players to own, trade and customize their in-game characters and items using non-fungible tokens (NFTs) and cryptocurrencies.
#Nfts #crypto2023
#blockchains
#Nfts #crypto2023
#blockchains
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Binance Blog
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CR7 x Binance: The Journey So Far & What’s Ahead
Main TakeawaysThe first CR7 NFT drop took place in November 2022 and featured seven premium NFT statues split across four rarity levels, plus a separate mystery box collection.All the premium-level CR7 NFTs sold out within the first week, with the top-tier NFTs going for an average price of $22,800 at auction. Utilities delivered to holders from this collection included football shirts signed by Cristiano Ronaldo and a digital meet-and-greet with the man himself.Don’t worry if you missed out. We’ve been working with Ronaldo on his second exclusive NFT collection, and details will be released on our official channels soon!On November 18, 2022, Cristiano Ronaldo launched his first-ever NFT collection — exclusively on Binance. Discover what went down, as well as a teaser for what’s to come. Note: This is a general announcement. Certain products and services may not be available in your region.Seven months have passed since football icon Cristiano Ronaldo made his NFT debut on Binance. With Ronaldo breaking yet more records on June 20, 2023 by scoring his 838th career goal in his 200th international appearance, let’s take a moment to look back at a unique digital collection that used blockchain to take a footballing legend’s legacy to his fans.Ronaldo’s first NFT drop, in November 2022, featured seven premium statues split across four rarity levels — Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N) — as well as a separate mystery box collection distributed as an exclusive gift to new Binance users.From CR7’s unique goal celebration to his signature bicycle kick, each NFT is an iconic Ronaldo moment immortalized in the form of a digital statue. Also, let’s not forget that we kicked this collaboration off with an electrifying introductory video starring CR7 himself:Keep reading to see the key numbers from the first drop, The CR7 NFT Collection, and some of the exclusive perks that holders got to enjoy thanks to their CR7 NFTs. Drop 1 StatsThe NFTs auctioned on the November 18 launch day (5 SSR and 40 SR) sold out within 24 hours at an average price of $22,800 and $2,389, respectively. 600 Rare and 6,000 Normal-level NFTs were available via our subscription mechanism between November 19-23, 2022. Both rarity levels were oversubscribed (R by 4.43x, N by 3.18x) and subsequently sold out as soon as the subscription window closed.New Binance users who signed up with the code RONALDO unlocked free mystery boxes holding a surprise CR7 NFT. These digital collectibles featured special CR7 statues in an exclusive stone color.What Did The NFTs Come With?Besides a stunning CGI-rendered statue of a legendary Ronaldo moment, each NFT came packaged with exclusive perks and benefits. For example, here’s what SSR NFT holders got: Virtual meet and greet with Cristiano Ronaldo.A physical statue and Binance football shirt — both signed by Ronaldo.A free NFT from a future collection.Entry into giveaways to win Ronaldo and Binance merchandise.Check out some of the SSR NFT holders getting to talk to Ronaldo over video call!Drop 2: Coming Soon to Binance NFTGet ready to witness Ronaldo’s greatness across a new series of digital collectibles. The next drop will soon kick off — with more utility, more epic moments, and a whole new set of stories from CR7’s legacy. Follow us on Twitter and via our blog channel to be the first in the know!To reward existing CR7 NFT holders, we’ve prepared a special surprise — a free digital collectible for everyone who owns a premium-level NFT from the first drop. Stay tuned for more. We’ll be revealing the collection name and a sneak peek at the designs as we get closer to launch. We can’t wait to share what we’ve been working on with Ronaldo to bring his fans an experience like never before!Further ReadingWhat Is an NFT?Introducing Binance NFT MarketplaceCristiano Ronaldo: The NFT Collection (Drop One)Risk Warning: The value of your NFT may go down or up. NFTs are subject to high market risk. Binance is not responsible for verifying the identity, legitimacy or authenticity of any NFT. NFTs are not regulated in most countries, however please ensure you are permitted to access our Binance NFT Marketplace based on your circumstances. For further details, see the Binance NFT Terms and Conditions, our Terms of Use and Risk Warning.
📈Binance * Ronaldo Nft🎉🎁
Binance has announced The launch of its new NFT series with ronaldo. Binance Formerly launched A series To containing diffrent Actions of ronaldo and the new one would be based on diffrent goals Performed by him
Here is All the categories
Normal ( N)
R (Rare )
SR (SUPER RARE )
SSR ( Super super rare )
with The Normal NFT starting from 10$ To THE ssr being of 15000$ 😱
But the SSR NFT holders would get a practice session with the ronaldo himself 😍
So are you looking out to buy this nft , if yea , Then which one ?
(For more and each detail check The announcement by binance on this topic )
#Nfts #ShıbaINU
Binance has announced The launch of its new NFT series with ronaldo. Binance Formerly launched A series To containing diffrent Actions of ronaldo and the new one would be based on diffrent goals Performed by him
Here is All the categories
Normal ( N)
R (Rare )
SR (SUPER RARE )
SSR ( Super super rare )
with The Normal NFT starting from 10$ To THE ssr being of 15000$ 😱
But the SSR NFT holders would get a practice session with the ronaldo himself 😍
So are you looking out to buy this nft , if yea , Then which one ?
(For more and each detail check The announcement by binance on this topic )
#Nfts #ShıbaINU
Advantages of #Nfts Investing:
✅ Fractional ownership: NFTs allow for easy division and sale of fractions, making assets more accessible.
✅ Community building: NFTs create excitement and foster communities, offering exclusive benefits and early access.
✅ True ownership of in-game assets: NFTs provide ownership rights for in-game assets, allowing trading and selling.
✅ Easy authentication: NFTs stored on blockchains offer transparent and easily verifiable ownership history.
✅ Efficient smart contracts: NFTs use smart contracts for automated processes, increasing efficiency and removing intermediaries.
✅ Portfolio diversification: NFTs represent both physical and digital assets, enabling diversification and reducing risk.
✅ Fractional ownership: NFTs allow for easy division and sale of fractions, making assets more accessible.
✅ Community building: NFTs create excitement and foster communities, offering exclusive benefits and early access.
✅ True ownership of in-game assets: NFTs provide ownership rights for in-game assets, allowing trading and selling.
✅ Easy authentication: NFTs stored on blockchains offer transparent and easily verifiable ownership history.
✅ Efficient smart contracts: NFTs use smart contracts for automated processes, increasing efficiency and removing intermediaries.
✅ Portfolio diversification: NFTs represent both physical and digital assets, enabling diversification and reducing risk.
#czbinance
Any tweet you see from Binance CEO, we call fundamental news.
This is a tweet from the CEO of Binance CZ who says:
"How to meet CR7:
1) Own an SSR NFT from this drop.
2) Holders get an in-person training session with Cristiano Ronaldo, amongst other perks.
Real utility."
I guess is the bullish CR7 NFT Collection available on Binance NFT Marketplace.
What do you think of Binance CEO's tweet?
#CR7NFT #Nfts #crypto2023
Any tweet you see from Binance CEO, we call fundamental news.
This is a tweet from the CEO of Binance CZ who says:
"How to meet CR7:
1) Own an SSR NFT from this drop.
2) Holders get an in-person training session with Cristiano Ronaldo, amongst other perks.
Real utility."
I guess is the bullish CR7 NFT Collection available on Binance NFT Marketplace.
What do you think of Binance CEO's tweet?
#CR7NFT #Nfts #crypto2023
Crypto speak: Flipping
The term “flipping” is buying assets at low prices and selling them quickly for a profit.
Flipping has fbeen very popular in the NFT space, where people buy tokens in the early stages of a project and sell them as soon as they see a favorable price increase.
This investor behavior, by the way, was one of the critical factors in the decline of the NFT market over the last year; most users saw NFTs solely as a tool for quick earnings, not as an investment in art.
like and follow me for another word
#Nfts #crypto
The term “flipping” is buying assets at low prices and selling them quickly for a profit.
Flipping has fbeen very popular in the NFT space, where people buy tokens in the early stages of a project and sell them as soon as they see a favorable price increase.
This investor behavior, by the way, was one of the critical factors in the decline of the NFT market over the last year; most users saw NFTs solely as a tool for quick earnings, not as an investment in art.
like and follow me for another word
#Nfts #crypto
NFTs (non-fungible tokens) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can represent digital or real-world items like artwork and real estate
#Nfts #cryptoInfinity #Binance #burn
#Nfts #cryptoInfinity #Binance #burn
My one of the epic goal moments in my crypto journey was bought this Kaka Hybrit Gaming #Nfts mystery box with 💲20
And
Sold same day to 💲500
I made 25x profit in one mysterybox it was awasome 😅
#GOATMoments
And
Sold same day to 💲500
I made 25x profit in one mysterybox it was awasome 😅
#GOATMoments
NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains
The non-fungible token (NFT) market has been a hot topic in the cryptocurrency world, attracting significant attention and investment. NFTs, which represent unique digital assets such as artwork, collectibles, and virtual real estate, have gained popularity as a new way to own and trade digital assets. However, after a few weeks of strong growth, the NFT market has experienced a 20% drop in weekly sales, raising questions about the sustainability and volatility of this emerging market.
In recent months, the NFT market has witnessed a surge in interest and activity. Major artists, celebrities, and brands have entered the space, launching their own NFT collections and generating substantial sales. This influx of high-profile participants and investors has fueled optimism and excitement, driving up prices and increasing the overall trading volume.
However, recent data indicates a decline in the NFT market's performance. According to industry reports, the total weekly sales volume of NFTs has decreased by 20% compared to the previous weeks. This dip suggests a cooling off period after the initial hype and frenzy surrounding NFTs.
Several factors may have contributed to this decline. First, the market may be experiencing a natural correction after a period of rapid growth. Like any market, the NFT space is subject to cycles of booms and corrections as investors reassess their positions and market sentiment evolves.
Second, the NFT market's rapid expansion has led to increased competition and saturation. With a flood of new NFT projects and collections entering the market, buyers have a wider range of options to choose from. This increased supply may have diluted demand and contributed to the decline in sales.
Furthermore, the NFT market's volatility and lack of standardization may be causing some hesitation among potential buyers. The valuation and perceived value of NFTs can vary significantly, making it challenging for investors to assess the true worth of a digital asset. Additionally, concerns about the environmental impact of NFTs, particularly due to the energy consumption of certain blockchain networks, have also dampened enthusiasm.
Despite the recent dip in sales, many experts believe that the NFT market still holds significant long-term potential. As the market matures, it is expected to undergo further developments, including improved platforms, enhanced user experiences, and increased mainstream adoption. The recent decline may serve as a healthy consolidation phase before the next wave of growth.
In conclusion, the NFT market has experienced a 20% drop in weekly sales after a period of strong gains. This dip may be attributed to a natural market correction, increased competition, and concerns about valuation and environmental impact. However, the long-term outlook for the NFT market remains positive, with ongoing advancements and increased adoption expected to shape its future trajectory. Investors and enthusiasts will continue to closely monitor this evolving space for new opportunities and trends.
#Nfts #BTC
In recent months, the NFT market has witnessed a surge in interest and activity. Major artists, celebrities, and brands have entered the space, launching their own NFT collections and generating substantial sales. This influx of high-profile participants and investors has fueled optimism and excitement, driving up prices and increasing the overall trading volume.
However, recent data indicates a decline in the NFT market's performance. According to industry reports, the total weekly sales volume of NFTs has decreased by 20% compared to the previous weeks. This dip suggests a cooling off period after the initial hype and frenzy surrounding NFTs.
Several factors may have contributed to this decline. First, the market may be experiencing a natural correction after a period of rapid growth. Like any market, the NFT space is subject to cycles of booms and corrections as investors reassess their positions and market sentiment evolves.
Second, the NFT market's rapid expansion has led to increased competition and saturation. With a flood of new NFT projects and collections entering the market, buyers have a wider range of options to choose from. This increased supply may have diluted demand and contributed to the decline in sales.
Furthermore, the NFT market's volatility and lack of standardization may be causing some hesitation among potential buyers. The valuation and perceived value of NFTs can vary significantly, making it challenging for investors to assess the true worth of a digital asset. Additionally, concerns about the environmental impact of NFTs, particularly due to the energy consumption of certain blockchain networks, have also dampened enthusiasm.
Despite the recent dip in sales, many experts believe that the NFT market still holds significant long-term potential. As the market matures, it is expected to undergo further developments, including improved platforms, enhanced user experiences, and increased mainstream adoption. The recent decline may serve as a healthy consolidation phase before the next wave of growth.
In conclusion, the NFT market has experienced a 20% drop in weekly sales after a period of strong gains. This dip may be attributed to a natural market correction, increased competition, and concerns about valuation and environmental impact. However, the long-term outlook for the NFT market remains positive, with ongoing advancements and increased adoption expected to shape its future trajectory. Investors and enthusiasts will continue to closely monitor this evolving space for new opportunities and trends.
#Nfts #BTC
LIVEDEFEED
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Key to Successful NFT Trading
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
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
