NFTs got famous as a way to bring scarcity in the digital art world, giving artists a fair – sometimes more than fair – compensation for their work. It’s useless to remind you of all the hype around NFTs and digital art, as it made the headlines of countless articles. In this article, let’s forget… Continue reading NFTs are not just about art | 7 other NFT use cases
NFTs are a digital revolution. They have the power to bring scarcity into a world of abundance, to fairly compensate digital artists for their work, and to revolutionize the ownership of digital assets. And the potential for NFTs goes further than just the digital world, with applications in the real world as well. But NFTs… Continue reading NFTs’ Adoption Challenges
All those crazy NFTs sales, from Beeple to Grimes and famous memes, happened on the Ethereum blockchain. So, you cannot help but wonder – could it have happened on other blockchains similar to Ethereum? In fact, are all NFTs on ETH? Are there any ETH Alternatives? The answers to these questions are more complex than… Continue reading Are all NFTs on ETH? And What Are the Alternatives?
“Digital scarcity”… Sounds weird, doesn’t it? Scarcity and the digital world are two concepts that usually don’t go well together. After all, how can an easily replicable digital file be worth anything? Yes, there might be hours of work behind a digital painting, but all it generally takes is a “right click, save it under…”… Continue reading NFTs’ Open Path to Digital Scarcity
The online gaming industry is a huge market worth billions of dollars with its own perks and pitfalls. In 2020 alone, the revenue produced by this segment made up 18 billion USD with the overall number of participants totaling 932 mln of users. The pandemic has added its two cents by making people spend more… Continue reading NFTs, A Revolution For The Gaming Industry?
Well, not right now, but you can bookmark and listen to them when you’ve got time. These 9 NFT podcasts cover everything, from the concept behind NFTs to more complex implications for the art and crypto world. Why 9? Because you need to find the 10th best for you. That’s why. These 9 are mostly… Continue reading 9 NFT Podcasts You Need to Listen to!
Yes, the original image of the ancient disaster girl meme has been sold for almost $500,000. Should we even mention the Scumbag Steve NFT, the Nyan Cat, or Bad Luck Brian? They’re all big-money NFT “art” now, and you’re looking to buy CryptoArt too. That’s why you’re here, right? Whether you want to invest, you’re… Continue reading Buying Crypto Art: Where to start and what to look for
As NFT craze blinds the minds of many investors and startups, there’s hardly anyone who thinks about the pitfalls that may expect them on the way. And the truth is it’s not all pixelated sunshine and rainbows. The pitfalls are aplenty with true ownership being one of the most important questions. Be warned NFT-padawan, if… Continue reading Do you really own your NFTs? The key challenges to address
Do you know one NFTs transaction could power an average American household for one and a half days? That’s right…according to estimates, buying a Jpeg file, a couple of MBs large requires an estimated 48.14 kwh. That’s a lot of energy consumption right there. But in reality, calculating these energy costs and carbon footprint is… Continue reading NFTs and the Environment – The 2 Sides of the Debate