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 …
Computer vision is a new field of science that uses Artificial Intelligence (AI) to teach computers how to interpret visual data. It’s currently used at the forefront of the autonomous vehicles industry to detect and classify objects like road signs, create 3D maps– and, recently, its technology is being explored to verify NFT authenticity. The …
World of Women is an NFT project that Yam Karki created with 10,000 NFTs on OpenSea. The collection consists of 200 visual assets drawn by hand and aims to create a community that encourages women to explore Web3 and cryptocurrency. As of September 2022, World of Women has a sales volume of 72.7k ETH on …
World of Women NFT Explained (Read Before Buying) Read More »
A non-fungible token (NFT) is a physical or digital asset recorded on the blockchain. In 2022, an estimated four percent of Americans (9.3 million people) said they own NFTs– a 100% increase from 2021 shows that NFT ownership is rising. As ownership continues to increase, so will the demand for scalable storage solutions. Many of …
NFTs are digital art pieces stored on the blockchain. They can be bought and sold online in NFT marketplaces such as OpenSea or minted directly from a project’s contract. Throughout 2021 the NFT market took off, with total sales reaching over $14 billion and art pieces such as The Merge selling for $91.8 million. Many …
