NFT

Jan
13
2022
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By Ellen Britt
NFT Glossary Deep Dive: Fractional NFT

NFT Glossary Deep Dive: Fractional NFT

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Ellen Britt for CNT #NFTAs you might guess, a fractional NFT means that NFT is owned by a group of people, instead of an individual.  So what is the purpose behind this? Why would you want to own a fraction of an NFT? Fractionalization Democratizes NFT Ownership One of the reasons fractionalization, as it is called, is so attractive to some buyers, is that they can own a piece of a very valuable NFT for a low price.  Also, because so many people are participating in these transactions, fractionalization increases the liquidity of these high-value NFTs. That's A Glossary Wrap This closes out our NFT Glossary series.…
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Jan
12
2022
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By Troy Warren
A Guide To Fractionalized NFTs

A Guide To Fractionalized NFTs

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Troy Warren for CNT #NFTEvery couple of weeks, the crypto community apes in on a new trend in NFTs. Right now, fractionalized NFTs (FNFTs) are all the rage.What are fractionalized NFTs?Fractionalization means splitting the ownership of an NFT into smaller fractions. This makes it possible for several people to collectively own a single NFT. The most high-profile NFTs in the market usually sell for millions, so fractionalization is a way to make ownership of these NFTs more accessible to the masses.One famous NFT that has been fractionalized is the Doge meme, one of the internet’s most iconic memes and the…
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Jan
12
2022
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By Ellen Britt
NFT Glossary Deep Dive: Open Edition

NFT Glossary Deep Dive: Open Edition

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Ellen Britt for CNT #NFT One of the things about many NFT collections that adds to their value is that they are limited in terms of the number that can be minted. But sometimes NFTs may be marked as an Open Edition, where the creator of the NFT does not limit the quantity.  At first glance, you would think this would bring automatically bring down the value of the NFT, but many NFT creators who choose to go with an Open Edition model will place other restrictions on the NFT. For example, a particular NFT collection may have a limited time…
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Jan
11
2022
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By Troy Warren
NFT-Drops: Get MINTIFIED

NFT-Drops: Get MINTIFIED

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Troy Warren for CNT #NFT-Drops Troy Warren announced today that the "Get Mintified" NFT Wearable and Hangable will launch up on https://Mintified.Com over the weekend of January 14. This NFT will carry EXTRA value as there will only be 100 minted and it is the Mintified Flagship NFT. The purchase of this NFT will come with a FREE Mintified Ambassador program valued at $1499.40. Stay tuned . . . In Other NEWS
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Jan
11
2022
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By Troy Warren
Mintified Specializing in Wearables and Hangables

Mintified Specializing in Wearables and Hangables

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Troy Warren for CNT #NFTTroy Warren announced today that MINTIFIED.Com will specialize in wearable and hangable fashion in creating custom LIMITED EDITION NFTs.Mostly the NFT market is made up of purely digital assets which is great, and at the same time with the physical asset it gives the purchaser an added benefit.MINTIFIED recognizes that the average NFT fan has no clue how to create their own digital asset that spews out royalties on the long road and can create generational wealth.  Thus, it is launching its DONE FOR YOU program including the custom NFT creation, plus the marketing and promotion…
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Jan
11
2022
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By Ellen Britt
NFT Glossary Deep Dive: PFP

NFT Glossary Deep Dive: PFP

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Ellen Britt for CNT #NFT PFP is an acronym that stands for profile picture, ever so slightly modified so it doesn’t sound…er…dodgy! Some examples of PFP NFTs are the popular CryptoPunks as well as the Bored Ape Yacht Club. Since your profile picture is the first thing you upload when you are completing your profile on any social media channel, having a PFP NFT is a way to make your account stand out, as this picture represents you. So you definitely do NOT want to leave your profile picture blank! PFPs Are Your Signal To The World If you have a…
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Jan
11
2022
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By Troy Warren
2021 NFT market cap exceeds $40 Billion

2021 NFT market cap exceeds $40 Billion

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Troy Warren for CNT #NFTLast year, the popularity of NFTs, or non-fungible tokens, skyrocketed, with record-breaking, multimillion-dollar sales and celebrities such as musician Shawn Mendes, celebrity Paris Hilton, and former first lady Melania Trump joining on board.According to a recent estimate from blockchain analytics firm Chainalysis Inc., about $41 billion in bitcoin was paid to two types of Ethereum smart contracts related to NFT markets and collections between the beginning of 2021 and mid-December.According to Maddie Kennedy, a Chainalysis representative, the metric revises an estimate the business presented in a December report on NFTs that was based on data through…
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Jan
10
2022
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By Troy Warren
NFTs For Musicians: Fixing a Broken Industry

NFTs For Musicians: Fixing a Broken Industry

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Troy Warren for CNT #NFT In 2017, the music industry generated $43 billion in revenue, but only 12% went to artists. Music labels, publishers, and distributors tend to take the lion’s share. This inequity has been a long standing problem in the music industry, where the artists who create the actual content are rarely paid their fair share. On Spotify, the average payout to an artist per stream is $0.004 – almost nothing. Spotify also allows free streaming of music – of their 75 million subscribers worldwide, only 20 million actually pay for a premium account. Most digital streaming platforms…
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Jan
10
2022
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By Ellen Britt
NFT Glossary Deep Dive: Generative Art

NFT Glossary Deep Dive: Generative Art

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Ellen Britt for CNT #NFT We’ve been discussing a lot of different NFT terms in this Glossary Deep Dive. Today we are going to go into the various types of NFTs. One of these types of NFTs is known as generative art. Generative art is art, that is generated by a computer algorithm or even artificial intelligence. The art itself is usually generated at the time of minting. Yes, you could create an NFT with an actual physical piece of art, such as a painting, but generative art is created by a computer. A Random Walk In The Park Generative art…
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