Blockchain

NFTs are a hot topic nowadays. Your favorite artist just dropped an album as an NFT, and your favorite influencer is selling their art as an NFT. You're curious about this new trend, and you want to get in on the action. But you're not sure how to buy NFTs. You must have heard about one of the most reputable and popular exchanges, coinbase, so you decide to start there. Here's how to buy NFT on Coinbase. What is an NFT? NFTs are digital assets that can never be duplicated or replicated means they are unique. NFTs are often used…

Since the emergence of non-fungible tokens (NFTs), NFT scams are becoming more common as the popularity of NFTs grows. Many fraudsters have taken advantage of investors by creating fake NFT projects or schemes. People have started using it, but they haven't understood the technology behind it and they are trading it and collecting it. . Therefore they are becoming the victims of such scams. Unfortunately, many investors are not aware of the risks associated with investing in NFTs, and they can be easy prey for scammers. In this blog post, we'll discuss some of the most common NFT scams, and…

In the world of NFTs, there are many different terms that can be confusing for newcomers. One such term is "What is lazy minting in NFT" when it comes to minting NFTs. In this article, we will explore what is lazy minting in NFTs and how lazy minting works in NFTs. What is NFT minting? Before explaining lazy minting, I will remind you what is mint in itself. So when you want your artwork to become an NFT, you will need to recognize it on the blockchain, and this process is called minting similar, as metal coins are minted to…

It's early 2022 and cryptocurrency has lost a significant amount of momentum. Bitcoin, Ethereum, and Many mainstream coins have lost 30% or more of their value over the last year. However, NFTs have not; non-fungible tokens have more or less sustained their value across the board. And one particular NFT has made a tremendous surge in value the bored ape yacht club. The apes are being purchased by celebrities and entrepreneurs at an increasingly expensive rate. But why what makes these NFTs so valuable and what does it mean for the future of NFTs. Hello and welcome to mycodebit.com. I'm…

What Is a Floor Price? So getting straight to the topic. What does floor price mean in nft? A floor price nft is a minimum price that a seller is want to accept for security or other assets. The floor price nft may be set by the exchanges on which the security trades, or it may be set by the security's issuer. A floor price nft is designed to protect investors from buying a security at too low of a price. Let's suppose that you want to sell your stock or any other asset for no less than $10 per…

In today's world, it can be tough to keep up with the Joneses. They always have the newest car, the latest phone, and the trendiest clothes. But there's one area where you can outdo the Joneses, and that's with your investment portfolio. But if you have a question why do people buy nft? We are here to answer. With nfts, you can invest in digital assets that are unique, rare, and valuable. There are a number of reasons why people might buy nft. Some might view it as an investment, while others may see it as a way to support…