Blur.io has taken the NFT marketplace by storm since its launch in October 2022. The platform has quickly become the largest trading platform for NFTs by volume, with a user-friendly interface that caters more to professional NFT traders than retail users. Unlike other marketplaces, Blur offers batch shelf and floor-sweeping transactions in addition to order …
NFT royalties are payments sent to the creator of an NFT each time it is resold on the secondary market. NFT royalties function similarly to traditional royalties. In business, for example, the owner of a product receives a percentage of the sales or profits. In the case of NFTs, the creator can set the royalty …
NFT Royalties Explained: What Are They & How Do They Work Read More »
NFTs, wouldn’t exist without smart contracts, and digital agreements written with computer code and deployed on a blockchain. Their main function is to execute one or multiple actions if conditions are met, often following simple “if/when-then†statements, e.g., if X is true, then Y will happen. These programs automate execution, and workflow, and streamline the …
What Are NFT Smart Contracts & How Do They Work? Read More »
2022 was a big year for Pastel Network. In 2021, we made a massive shift to focus on opening our infrastructure such as Sense and Cascade to the entire Web3 ecosystem. By the end of 2021, we were poised to increase exposure and bring our vision of an ecosystem supported by Pastel’s suite of products …
Minting is the process of creating an asset on the blockchain. It’s the process used to create non-fungible tokens (NFTs,) which are blockchain-based tokens that prove ownership of an item such as a piece of music, profile picture, or image. They first grew in popularity in 2021, with collections like Bored Ape Yacht Club and CryptoPunks …
