🔥 TOP Crypto TIPS In My E-newsletter 👉
🌐 Get a Blockchain Area 👉
👕 “Moon Man” Hoody 👉
📲 Insider Information in my Socials 👉
~~~~~
📺Important Movies📺
Blockchain Domains NFT Potential 👉
Litentry On-Chain NFT Id 👉
Decentraland Defined 👉
Theta Defined 👉
High Coin Picks 2021 👉
~~~~~
– TIMESTAMPS –
0:00 Intro
2:23 What are NFTs?
5:50 The NFT Market
9:10 Why Are Folks Shopping for NFTs?
13:52 The place To Discover NFTs
16:07 NFT Venture Tokens
18:19 Closing Ideas
~~~~~
⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️
► Historical past of NFTs:
► Nonfungible.com 2020 NFT Report:
► Easy methods to create your personal NFT artwork:
► Mint and purchase NFT Tweets:
► Alex Becker Explains NFT Market:
► Audius:
► Chiliz:
► Decentraland:
► Theta:
~~~~~
👨🏫What are NFTs?👨🏫
NFT stands for non-fungible token and describes a novel digital asset on a cryptocurrency blockchain that’s everlasting, can’t be replicated, can’t be counterfeited, and is provably owned.
Though NFTs additionally can’t be divided into smaller fractions, there are a number of builders who’re working to make that attainable.
NFTs exist on a number of blockchains, totally on Ethereum. That is primarily as a result of sensible contract blockchains like Ethereum do an excellent job of minting and managing distinctive digital belongings.
📈The NFT Market📉
Nonfungible.com’s yearend report notes that the approximate market cap of all NFTs on the finish of 2020 was over 330 million {dollars}. In 2017, the NFT market cap was simply 30 million USD.
NFT market statistics compiled by Paradigm co-founder Matt Huang reveal that one other 100 million NFT gross sales happened between mid-January and mid-February this 12 months.
Even with this spectacular progress, the NFT market cap has a methods to go earlier than it turns into a visual slice on the pie of the worldwide collectibles market, which was valued at 360 billion {dollars} in 2016.
🤷♂Why Are Folks Shopping for NFTs?🤷♂
The brief reply is as a result of people like to gather issues and have been doing so for the reason that daybreak of time.
From a purely financial standpoint, when one thing is scarce or distinctive it makes it aware about having a fats price ticket no matter whether or not it has any “goal” utility or worth.
That mentioned, some NFTs do even have goal utility and worth. The perfect instance of that is blockchain domains.
Now, regardless that some NFTs have goal utility and worth, it nonetheless doesn’t justify the astronomical value tags you see for a lot of of those, and suggests the market is in a bubble.
👀The place To Discover NFTs👀
If you wish to go looking for NFTs, your greatest choices are Rari and Opensea. These marketplaces promote NFT artwork, blockchain domains, digital land, digital buying and selling playing cards, and different collectibles.
You can even use these marketplaces to mint your personal NFTs, and you need to use Valuables to purchase or mint NFT tweets (hyperlink for this web site is within the helpful hyperlinks part).
Except you’re shopping for an NFT from a well known artist like Beeple, it may be actually exhausting to inform whether or not the NFT you’re ogling has any actual worth, so be very cautious.
🤑NFT Venture Tokens🤑
A couple of NFT mission initiatives I’ve been watching are Audius, Chiliz, Decentraland, and Theta.
Audius makes it attainable for artists to stream on to listeners whereas retaining the lion’s share of the cash they make.
Holders of Chiliz fan tokens have a say in how their respective sports activities groups are managed, and this token is bought and traded in opposition to the CHZ token on the Chiliz change
Decentraland is a decentralized digital world powered by the Ethereum blockchain. In Decentraland, you should buy, promote, commerce, and even create NFTs that can be utilized inside this digital world
Theta a decentralized video streaming protocol that may possible rival YouTube in the identical means Audius is prone to rival Spotify
Theta has partnered with the likes of Google, Samsung, and not too long ago Sony Europe. The Theta token has the very best tokenomics of any NFT mission token, which is an enormous a part of why it has carried out so nicely
~~~~~
📜 Disclaimer 📜
The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who isn’t a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any specific consequence.
#NFTs #crypto #artwork #blockchain #beeples #domains
Source: Coin Bureau
39 Responses
Hope you guys are enjoying the vid! As mentioned, I will let you know more about my upcoming NFT giveaway in my social channels so be sure to jump into them if you have not already 👉 https://guy.coinbureau.com/socials/
Hi Guy! My boyfriend and I are huge fans of every bit of information you post. We are quite bullish on NFT market and looking into Wilder World (WILD) right now. Wondering if you have any thoughts on it? perhaps a video? 😉 As always – lots of thanks for your unstoppable and fierce work in changing people's lives.🙏
This guy ummmmm I wouldn’t take notice they get paid to promote crypto
"Who the hell is buying this shit and why?" 🤣🤣
when you talk about the virtual work in decentraland, it reminds me the Oasis in "Ready player one" which was an amazing film.
#decentraland
Seascape Network has a very strong and good NFT project you should look into.
#Altura #ALU is a smart contract platform that allows game developers to mint,
distribute and transact Smart NFTs representing in-game items. #ALU #NFTCommunity
#NFTs #Gaming #SmartNFT's
Alright. upvote this comment if you think that YouTube needs a back/forward 10 second button.
I am excited to follow you. Great content from you Guy!
DOGECOIN to the Moon.
I kept telling myself, there has to be something else to NFT's I don't understand beyond consumption solely based on scarcity,
Nope.
A little irked that people spend more money than I will make in my life on a fucking jpg
100XCoin has nft exchange (using sponsored sports, movie and music stars), launchpad, app, and coin exchange on the way.
Guy you are just like David Copperfield the master of magic… every project you reviewed flying … you should be a financial advisor 😉 hahaha … all in all you are just great. Much appreciated for your time and all the hard work. I will be buying you new NFT hoodies /:)
NFT is the future…… ETH
You're not really into Chodémon or whatever it is, are you Guy?
Bonfire and Moonpirate to the moon!!! 🚀🚀🚀(both less than a week old so super early🥺🥺)
Happily support this amazing channel by buying your NFT! can't wait.
Wow trading in with crypto currency especially bitcoin is one of the best thing ever when you have a good broker like mrs Maria Jones. She is legit and her method of trading works like magic.
@9:19 who the hell is buying this shit and why , lmfao !!!! my thoughts exactly !!
Guy can you check out ecomi?
I'm not a financial advisor BUT I believe ecomi will be the topdog of all NFT'S projects.
The use case for your NFTS are their.
I can't take a selfie with me crypto kitty 😁
Guy you the man
Any piece of information on insurance?
Just found PolkaCover and want to know your position. They offer great insurance for any crypto, DeFi or NFT investment. Their market is good and they provide nice staking possibilities. So should I buy more?
Hello my name is Cameron & I make ITEMs not NFTs 🙂
Don't know how I stopmed onto this. All in all GREAT clip ❤️. I also have been watching those rather similar from mStarTutorials and kinda wonder how you guys make these stuff. MSTAR TUTORIALS also had amazing information about similiar things on his channel.
Can you make a video for ECOMI-OMI? Thanks!
BAEPAY…working with real artists!
Make GUY coin NFTs please.
Sounds like the Canned Air hype to me.
I just sold my first NFT of my Photographic Art for .33 ETH ($562) for 1 of a limited edition of 10. Each time I sell one I raise the price so their is now a spread so the buyers can also sell for less than I'm selling for and it creates a market.
This is my first sale on Makers Place…
https://makersplace.com/nspart/black-white-pinup-2-of-10-58390/
I also sell on Rarible but have not sold there yet, but I sell my NSFW art in there…
https://rarible.com/nspart
I should also add I sell my work on Tshirts, Stickers, Prints and other items and have for a few years. The NFTs are a newer area for me. I have also invested in NFT Related Cryptos. This is the future!
now i need ducktape and anything else i can use it on . time to sell junk to etards i meant time to sell sophisticated art to refined art collectors.
I'm currently invested in; omi, enji, chain, ogn.. possiblyi also ovr, tvk, superfarm
Your thoughts on ENJ???
Can you also check axie infinity?
runescape !!!
I'm looking forward to hodl one of your NFTs
hahah using runescape partyhat, as a 15 year long playing veteran i like that shit hahaha
CIDM just announced they are in the NFT game!
Wonder when someone will come out with NFT displays for showing off your rare purchases in real life. Maybe the new color e-ink panels.