Crypto
NFTs In Prague: A Celebration of Digital Art and Technology Powered by Polkadot
Prague – The Polkadot ecosystem comes together at the NFTs in Prague event to explore the expanding world of NFTs. The NFTs in Prague event is set to take place on the 4th of June during Prague Blockchain Week. This immersive conference will bring together NFT enthusiasts, artists, and experts from around the globe, at the state-of-the-art venue, Paralelni Polis, in Prague.
Read more: https://thecryptobasic.com/2023/05/03/nfts-in-prague-a-celebration-of-digital-art-and-technology-powered-by-polkadot/
Sandbox Group, the London-based group operating a network of learning businesses, announced a partnership with XDB CHAIN, the easy-to-use open-source blockchain used to power digital assets. The collaboration will see the development of an exclusive branded-cryptocurrency that will be made available as a payment choice to users of Sandbox’s wide portfolio of digital products and services worldwide.
The soon-to-be-released cryptocurrency will serve as a medium of exchange, enabling transactions, exclusive rewards, and incentives. Its secure, decentralised, and transparent nature will ensure the integrity of the ecosystem, aiming to address some of the most pressing challenges in the education sector’s digital transformation and growth.
OpenSea, the largest non-fungible-token (NFT) marketplace still in the business of enforcing resale royalty payments to artists, announced on 17 August that it plans to suspend the mandatory collection of artist resale fees.
As the NFT market continues its decline from the crest of web3’s runaway popularity in 2021, OpenSea’s move to transform one of the most attractive aspects of blockchain trading for artists into an at-will tipping system echoes broader industry trends towards austerity. Starting in March 2024, sellers will have the option to give artists a percentage of the original sale price, a shift from the guaranteed resale model of years past. The OpenSea Operator filter, through which users set their desired royalty payment percentage, will sunset on 31 August.
Read more: https://www.theartnewspaper.com/2023/08/23/opensea-nft-marketplace-ending-resale-royalties-policy
Art
One reason for their growing popularity is profitability, so let’s explore some profitable strategies for making money with NFTs…
Non-fungible tokens or NFTs are taking the world by storm. Anyone in the crypto world is likely to know about NFTs. Even for those who are not so conversant with crypto, news about mega sales of NFTs on the internet may have attracted their interest. So, why are NFTs becoming so popular in the first place?
Before you can understand the popularity of NFTs, you must understand what they are. NFTs are unique blockchain-based digital assets that cannot be duplicated or changed. However, unlike your typical assets, NFTs only present real assets as digital certificates of ownership. So, you can have NFTs for digital artwork or physical assets like real estate.
Read more: https://www.we-heart.com/2023/08/21/profitable-strategies-for-making-money-with-nfts/
