It seems only yesterday when headlines of sports trading cards selling for millions of dollars spotlighted the lucrative world of collectible cards. To recap the highest flying sales: And the list goes on, often to the incredulity of the average person still digesting the idea that even classical art can fetch multi-million dollar price tags. …
NFT airdrops refer to the distribution of an NFT for free to a community or a group of whitelisted individuals. It’s a popular method for NFT projects, artists, and blockchain gaming apps to promote a new NFT collection to the public, draw attention to a new brand, or engage with their communities by handing out …
NFT Airdrops Explained: What Are They & How Do They Work? Read More »
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 »
Non-fungible tokens (NFTs) have been used to disrupt several industries, starting with the art market and diversifying into music, communities, and real estate. While these rapidly changing markets have been easier to disrupt, real estate could pose a much more significant challenge being a slower market, taking an average of 8 weeks per sale compared …
If you’ve seen headlines of non-fungible tokens (NFTs) selling for millions of dollars then you may be asking yourself: why are NFTs so valuable? The following dialogue might ensue: Is this just a really rich people thing? Are they laundering money? Is this just fake news biting on click-worthy headlines? The answer most people will …
Why Are NFTs Valuable? Attempting to Explain Why Some Cost So Much Read More »
