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Showing posts from February, 2022

How Can You Setup & Create NFT on WazirX NFT?

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We are going to cover the process from making your account to maintaining your first NFT. Here are the basic steps you need to start minting your first NFT Marketplace . You'll need three accounts Meta mask and Binance. So we'll go step by step and create all of them. Let's start with a Meta mask so just search meta mask and visit meta mask. This is the official website and you can download it from right here install meta mask pro chrome. It will open up the chrome web store and you just have to download it add to chrome right here. It will take some time to download the extension and it will install automatically. So I'll fast forward to the step when it's installed okay so as you can see. It has been added to chrome okay so it will open itself so here we have to sign up on the platform. Let’s get started you are going to create a new wallet okay. I agree and let's create a password agree to the terms and create your account okay. You're going to need to

How are the NFTs A Good Investment?

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  Today I want to talk about NFT Marketplace and whether I think they're a good investment. So let's talk a little bit about the difference between fungible tokens and non-fungible tokens. A fungible token would be any token that's theoretically interchangeable. So one us dollar bill is really equal to any other us dollar bill. I'm simplifying a little bit here because obviously certain serial number dollar bills may have a nefarious history or one dollar bill may have a little cocaine on it and another doesn't likewise with other fiat currencies. But the basic idea is that one dollar is one dollar and the same might be said for bitcoin as well you can send someone a bitcoin. They can send someone a bitcoin back to you a different bitcoin and you still have the same amount of wealth. So those are fungible tokens they're interchangeable a non-fungible token is a unique token. It's a unique digital asset you can think of it like being a digital baseball

What is the Difference Between NFTs and Cryptocurrency?

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  NFT and Cryptocurrency appears to be the order of the day. These days, especially since the covert 19 pandemics, nearly drove the entire wall to code digital both appear to be profitable markets. You have probably read stories about people making hundreds of millions of dollars using NFTs or headlines about cryptocurrency values fluctuating. And even crashing as a result of a single Elon Musk tree if you're not familiar with these terms it's understandable if you have wondered. If NFPs and cryptocurrencies are the same things well they aren't although there are some parallels between NFTs and cryptocurrencies. NFT Marketplace is an acronym for non-fungible tokens when it's unique and can't be replaced with something else. Something is said to be non-fungible each NFT contains distinguishable information like who owns the digital asset and who sold it making them distinct and easily verifiable as it is impossible to forge such a certificate. NFT basically

Which is the Best NFT Marketplace for Beginners?

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  For creators right now there is a gigantic opportunity gigantic. It's very new very misunderstood people like log and Paul have made five million dollars in a week from it. And musicians like grimes have also made millions selling with NFT Music Marketplace to her following [Applause][Music]. So I'm gonna get you up to speed with what that is what is an NFT stands for non-fungible token. What the heck does that mean well non-fungible means a unique item that you can't replace with anything? So the Mona Lisa for example that's non-fungible because there is one of them and we all agree there is one original Mona Lisa right and that gives the painting loads of value. Because it's very famous and there is a demand for it. Non-Fungible Tokens give anything in the digital world. The ability to be non-fungible like the Mona Lisa because of the way information can now be stored on the blockchain. So you can take this Instagram post can copy and paste it and make mill