NFT Use Cases Beyond: Digital Artworks

Non-fungible tokens (NFT) are an emerging technology that has already seen a ton of use cases outside the typical NFT application – which right now is mostly for trading artworks and game characters. NFTs can be used to represent physical objects, digital content, or even intangible concepts like intellectual property too. It’s crazy to think about it beyond digital content, beyond 2D or 3D images, but there are several actual practical uses for it too…at least soon. 1. Ensuring Authenticity of Products            NFTs...

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How and When to Sell Your NFTs

Knowing when to sell your NFT is a key part of NFT trading. It’s hard to know the perfect moment to sell, but here are some tips for profitable flips. Have an exit strategy An exit strategy is your plan on when you are going to sell the NFT and we recommend making one before you buy. The factors to look for when timing the sale are different if you’re planning a short-term trade vs a long-term one. If you don’t have a plan it’s difficult to spot those factors and make a rational trade. Not having a plan can lead to trading solely based on emotions like fear and greed, which can...

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How to Buy an NFT

Once you’ve decided a certain NFT is the one you want, click Buy Now. Check the boxes and click Checkout. You’ll be prompted by MetaMask to sign the transaction. Sign it to finalize and complete the trade. Wait for a few minutes until your transaction is confirmed… Congratulations! You now officially own a unique token on the Ethereum blockchain. And perhaps more importantly, you own an artwork that you like. To see your artwork, you can click on Back To All Items or go to your profile and relish the fact that you, out of the billions of human beings...

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How to Make an NFT

Non-fungible tokens, or NFTs, are exploding in popularity these days. People are paying big money for these unique collectible cryptocurrency assets. One NFT by the digital artist known as Beeple sold for a jaw-dropping $69 million in early 2021, while many others have fetched multimillion-dollar sales prices. The potential for big money is leading more people to create NFTs in the hope of cashing in on the current craze. Here’s a step-by-step guide on how to make (i.e., mint) and sell an NFT. 1. Pick your item Let’s start with the basics. If you haven’t...

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How to connect MetaMask to OpenSea

To use OpenSea, you need to have a cryptocurrency wallet. The most popular ones are MetaMask, Coinbase Wallet, and Trust Wallet. MetaMask is recommended as it is specifically used for interacting with the Ethereum (ETH) blockchain. You need Ethereum to mint or purchase NFTs. Ethereum is also needed to pay for gas fees to complete transactions. How to connect MetaMask to OpenSea To connect MetaMask to OpenSea, you need to install MetaMask. After you’ve installed MetaMask, open the OpenSea app, tap on “Profile”, and tap on “MetaMask”. Lastly, tap on “Connect”...

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