Search found 110 matches

by osamudazai
17 Mar 2023, 06:52
Forum: NFT Technology
Topic: What is needed for a cricket NFT marketplace?
Replies: 0
Views: 133

What is needed for a cricket NFT marketplace?

A marketplace in which cricket NFTs are allowed to sell, buy and trade is called cricket NFT marketplace. There are so many things needed for this platform like convenience, liquidity, trust, security, monetization and so on. By giving them a venue to display their work and connect with new audience...
by osamudazai
16 Mar 2023, 06:06
Forum: NFT Technology
Topic: Why is creating an NFT so expensive?
Replies: 0
Views: 151

Why is creating an NFT so expensive?

Each NFT is unique, and there’s only one of each available. Because of their scarcity, they fetch more money per unit of demand. In fact, some NFT collections are released on NFT marketplace for digital collectibles in small numbers, so once they’re all gone, their value will increase because there ...
by osamudazai
15 Mar 2023, 06:50
Forum: NFT Technology
Topic: Is this the future of the P2E racing game?
Replies: 0
Views: 172

Is this the future of the P2E racing game?

We all know that blockchain games are the advanced version of video games. Now we can earn through it. P2E racing games may become one of the most popular sources of income in the future. Even nowadays, some people use these games as the source of passive income. Since it is in its early stage. We c...
by osamudazai
14 Mar 2023, 07:24
Forum: NFT Technology
Topic: What can you use Metaverse Land for?
Replies: 0
Views: 127

What can you use Metaverse Land for?

As we move towards a Metaverse, the concept of land or real estate in the Metaverse has been gaining a lot of attention. For one thing, you can monetize your space by renting it out, hosting events and so on. And of course, you can always use it to game and form a community of like-minded people. Me...
by osamudazai
11 Mar 2023, 07:43
Forum: NFT Technology
Topic: How can NFTs help improve branding?
Replies: 0
Views: 152

How can NFTs help improve branding?

Right off the bat, you have instances of how NFTs have been used successfully for loyalty rewards programs to incentivise customers. Starbucks is, of course, the prime example. And then you have brands that list special NFTs on NFT marketplaces for digital collectibles. This works especially well fo...
by osamudazai
10 Mar 2023, 09:37
Forum: NFT Technology
Topic: Why are NFTs venturing into social media platforms?
Replies: 0
Views: 143

Why are NFTs venturing into social media platforms?

Social media giants like twitter and facebook added the new elements of the web3 to their respective social media platforms. The Reason for this might be one of the 2; They wish to venture into the NFT realm and establish themselves as pioneers which they are or, be a part of the changes that the wo...
by osamudazai
09 Mar 2023, 07:58
Forum: NFT Technology
Topic: What is renting NFT?
Replies: 0
Views: 139

What is renting NFT?

NFT renting is the process by which people who don’t own or possess a certain NFT but want to use it or experience it briefly borrow the NFT from an appropriate NFT renting protocol. Defi blockchain technology is used to create the best NFT marketplace for renting, which ensures the safety of transa...
by osamudazai
06 Mar 2023, 06:18
Forum: NFT Technology
Topic: How can the Metaverse improve public health?
Replies: 0
Views: 160

How can the Metaverse improve public health?

The environment is often a huge reason for non-communicable diseases like cancer, stroke, and mental illnesses. Whether it’s pollution or the lifestyle prompted by the environment, public health is greatly influenced by the surroundings. So when the environment poses a problem, the Metaverse can be ...
by osamudazai
03 Mar 2023, 06:18
Forum: NFT Technology
Topic: What is Token Gating?
Replies: 0
Views: 132

What is Token Gating?

Token gating is a strategy used by NFT projects to reward their NFT holders with specific perks and privileges. For instance, an NFT marketplace for digital collectibles may decide to create a specific Discord server only accessible to the NFT holders, giving them early access, exclusive memberships...
by osamudazai
22 Feb 2023, 11:30
Forum: NFT Technology
Topic: How are NFTs used in the Metaverse?
Replies: 1
Views: 324

How are NFTs used in the Metaverse?

These NFTs are essentially used as items that can be displayed in public spaces similar to how nike world allows users to display their shoe NFTs. These NFTs can also be traded and sold on several of the best NFT marketplaces as well. The goal of using NFTs in the metaverse is primarily because in a...