Showing posts with label NFTs. Show all posts
Showing posts with label NFTs. Show all posts

May 08, 2023

Tezos and the Future of Digital Collectibles Enabling NFTs and Gaming

As the world becomes more digital, we're seeing rapid growth in using Non-Fungible Tokens (NFTs) and digital collectibles.

The rise of blockchain technology has paved the way for secure, decentralized, and transparent transactions, allowing creators to monetize their digital content and collectors to own unique digital assets.

Tezos and the Future of Digital Collectibles Enabling NFTs and Gaming: eAskme
Tezos and the Future of Digital Collectibles Enabling NFTs and Gaming: eAskme

If you are into Cryptocurrency, you may use a reliable trading platform.

One of the leading blockchain networks for NFTs and digital collectibles is Tezos.

Tezos is a decentralized, open-source blockchain network that enables smart contracts and decentralized applications (DApps) to be built on top of it.

Tezos is designed to be self-amending, meaning the network can upgrade itself without requiring hard forks, a significant advantage over other blockchain networks.

Tezos also boasts high scalability and low transaction fees, making it an attractive option for developers and users.

Tezos has already gained significant traction in the NFT and gaming space, with several high-profile NFT marketplaces and games built on top of the network.

Enabling NFTs:

NFTs are unique digital assets that represent ownership of a piece of digital content. They can be anything from digital art, music, and videos to tweets.

NFTs are created and verified on a blockchain network, making them tamper-proof and impossible to replicate.

Tezos has been gaining traction in the NFT space due to its unique features, including low transaction fees and the ability to create complex smart contracts.

One of the most significant advantages of Tezos is its self-amending protocol, which ensures that the network is always up-to-date and secure.

Several popular NFT marketplaces, such as Hic et Nunc, have already been built on the Tezos network.

These marketplaces allow creators to mint and sell their digital content as NFTs, providing a new revenue stream for artists and creators.

NFT marketplaces also use Tezos to ensure that transactions are secure and transparent.

Enabling Gaming:

The gaming industry is another space where Tezos is gaining significant traction.

Blockchain technology has the potential to revolutionize the gaming industry by providing secure and transparent transactions, enabling players to own their in-game assets truly.

Tezos is well-positioned to become a leading blockchain network for gaming due to its low transaction fees, high scalability, and self-amending protocol.

Several games, such as Kalamint and The Sandbox, have already been built on top of the Tezos network, providing players with unique gaming experiences and the ability to own their in-game assets truly.

The use of blockchain technology in gaming is still in its early stages, but the growth potential is enormous.

As more games and gaming platforms are built on top of Tezos, we can expect to see a significant increase in the use of the network for gaming purposes.

Conclusion:

Tezos is a promising blockchain network offering unique NFTs and gaming features.

Its self-amending protocol, low transaction fees, and high scalability make it a strong contender in these spaces.

As the world becomes more digital, we can expect to see Tezos continue to gain traction and provide new opportunities for creators and users alike.

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November 18, 2022

Investing in NFTs: 3 Reasons That They Are a Better Investment Option

Non-Fungible Tokens have gotten the ticket to the world of investment.

They work almost the same as any other cryptocurrency.

The data units are stored on a blockchain network, and the token can be anything; music files, tweets, digital art, you name it.

You're provided a certificate of authenticity to prevent your asset from duplicating.

Investing in NFTs: 3 Reasons That They Are a Better Investment Option: eAskme
Investing in NFTs: 3 Reasons That They Are a Better Investment Option: eAskme


The creator or owner of the NFT processes it on the blockchain, which ultimately stores it.

The creator can also determine how many copies of the NFT they want to be published. If they want to put it up for sale, they have all the rights to do that as well.

The one who buys the NFT will receive a possession certificate through a smart contract.

You can trade only through NFTs in the Metaverse, which is a disadvantage. But still, people are spending millions on it.

They spend time creating and getting new ideas for building their digital assets.

Why are they doing this?

Because NFTs have some advantages that are concealed because of their limited usage.

Let's find out what those are, and you may invest in an NFT too!

Complete Ownership:

As the NFT is on the blockchain network, you get its proof of ownership.

It can help associate ownership with a single account because they are indivisible and cannot be spread across multiple accounts.

The ownership advantage keeps the buyers safe from getting robbed of their digital assets.

Some critics have said that NFTs can be easily duplicated as one has to take a screenshot or picture.

These individuals can sell these images for a hefty price or for free, which can threaten someone who has spent millions on them.

But the ownership rights have given the creator the unique privilege of them being the sole owner of the NFT.

Authenticity:

The token's authenticity lies in its working system, that is, "Blockchain."

The data units are stored in blocks; every time a new block is formed, it requires verification.

Once verified, they cannot be altered or changed. Because the data is stored in chains or networks of blocks, the name Blockchain was established.

NFT and cryptocurrency work on the same system.

Plus, the owners of NFTs have the authority to issue or publish a particular number of NFTs to ensure that the supply is limited.

Creators have the choice of creating multiple copies of their NFTs.

Still, they should be registered on the blockchain so that you can sue the other person through your authentication certificate if it is duplicated.

Boost in Economic Opportunity:

Many platforms let content creators promote their content and other stuff.

But they also have to spend money on ads to boost their appearance.

This way, they never get a sizable profit, and their income is cycled into content creation.

Similarly, you must pay a fee for Bitcoin or other crypto transfers. You can sign up for an online broker and learn more about it.

The advantage of non-fungible tokens is that they allow content creators to grow without paying for the extra stuff.

It will help create a new creator economy that doesn't have to pay money to platforms for the ownership and publicity of the content.

Through NFTs, the content owner is consolidated to the content only.

That means when the creators sell their creations, the money is transferred directly to them without any charges.

When the new owner further sells that NFT, the original creator can earn credits by linking its NFT through Smart Contracts.

The original creator will keep earning tokens for every re-sale because the NFT's metadata has the creator's details.

Conclusion:

Yes, NFTs restrict their users from trading in the Metaverse only.

But, it also provides employment and growth opportunities to digital artists as they can provide their services for the ones who want to be creators of the NFTs but need to gain the skill to do so.

These services have hefty paychecks, and the money is paid in real-world currency, so it is a win-win for both.

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October 07, 2022

NFTs: Taking The Crypto Domain by Storm

The non-fungible tokens are a kind of cryptocurrency that is indivisible.

It is essential to know that one NFT is not possible to replace with the other.

Moreover, you cannot separate them and use them separately.

NFTs: Taking The Crypto Domain by Storm: eAskme
NFTs: Taking The Crypto Domain by Storm: eAskme

The non-fungible tokens offer plenty of opportunities to the creators to create and sell digital assets at Learn More About NFT, including artwork and music.

The Non-fungible tokens are unique, and their rarity is the reason behind their massive fame in the market.

You should know that the most significant advantage of using a digital collectible instead of a physical collectible is that every NFT has separate and unique detailing in its work that makes it stand out in the crowd.

Moreover, they are easily verified because of blockchain technology.

Since every object can be traced to the original creator, the fake collectible collection is pointless in the field of Non-fungible tokens.

A majority of non-fungible tokens are created using the Ethereum token specifications.

Therefore, you can easily create your NFT today without much issue and sell it to make good money.

Further elaboration on non-fungible tokens!

It is essential to know that NFT products comprise everything from digit artwork to virtual real estate.

Some famous brands like Nike, NBA and Louis Vuitton are among the companies already producing NFT-based products and services for customers.

As per the crypto slam platform, the NBA top shot, street fighter and the crypto punks are the most common non-fungible token brands.

You must know that buyers need the cryptocurrencies like Ethereum to buy non-fungible tokens. Ethereum is the common NFT currency, but every platform has its digital wallet services.

Let's know about the different types of NFTs:

Artwork:

The artwork is a general category in the field of non-fungible tokens.

These are the digital artworks that come with the authenticity certificate and ownership that is issued by the public ledger.

"The first 5000 days" is the most expensive digital artwork NFT sold for a whopping 69.3 million last year.

Collectables:

The collectibles are the unique things that properly signify the non-fungible tokens.

These are the physical collectibles such as Pokémon cards and vintage; collections; however, they are in virtual form.

You must know that the curio cards are the first big NFT collectibles launched in the market.

Sports memorabilia:

It is one of the hot topics kind of NFT category. You will be happy to know that the most famous NFT of this category is the NBA top shot.

This kind of NFT comprises video clips from memorable or historic sports moments.

This NFT was sold for more than 380000 dollars and is a very expensive non-fungible token.

Video game assets:

The video game assets are NFT-based video games in which players get involved in winning the rewards in the form of other NFTs or cryptocurrencies.

Axie Infinity was the very first NFT video game asset.

Music:

Music is a new phenomenon in the NFT market.

Artists now pre-release their music albums on the NFT marketplaces before releasing them traditionally.

Buyers can easily purchase a part of the album, such as a share.

After the music gets launched worldwide, the buyers get a share of the profit from it.

Why are cryptos crashing in value?

Per the reports of the various platforms, the price of cryptocurrencies has been decreasing by about 40 percent since November.

However, we all know cryptos always go through massive volatility cycles.

The price surges sometimes, and the value decreases. Many people hope that the value of bitcoin will increase again in the market.

But the recent lagging value of bitcoin is why people are disappointed in the crypto condition in the market.

However, government officials are more interested in making solid regulations regarding cryptos.

Ethereum price is also following the same pattern as the value of bitcoin. Investors investing in crypto on a long-term basis are affected by this scenario.

Conclusion:

However, the top collections hold their value even when the value of cryptocurrency decreases.

The NFT market is getting more cases of scams and fraud.

Crypto analysts believe that the NFT craze will die after some time, and they will both be in the same position.

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June 16, 2022

The Amazing Procedure of Buying the Nfts

The reputation of digital money depends upon the rotation in the market. No one has said that the non-fungible token creates no importance and buzz in today's time.

There is a lot of research done by the researcher on this particular topic to know why it makes many headlines in the market.

The Amazing Procedure of Buying the Nfts: eAskme
The Amazing Procedure of Buying the Nfts: eAskme

After doing the research, we learned that there are many unique pleasures that the NFT is offering, and it has become one of the digital assets in various fields like digital arts, gaming, and many others.

The trend related to digital money is regularly growing, and a lot of demand has increased.

It is considered an evergreen cryptocurrency that has taken the NFT to another level.

Also, you may consider knowing about NFT wallets.

The Representation of the NFT in the market is very young to provide much information related to the investment.

However, many people understand the growth of the NFT in the market. Therefore, they are very curious to purchase them and want everybody else to follow the steps to avoid all the difficulties during the purchase.

Steps Involved In The Procedure Of Buying NFT:

Step 1:

NFT is not very ordinary, but there are a lot of unique and bit complicated things involved in it in the digital form.

One of the essential things required in NFT is the Digital wallet, where users will keep their currency.

The user should know that it is necessary for them to connect their digital account with the units because only they can operate the NFT.

If the user is not processing their cryptocurrency, they are not allowed to select their NFT market.

So the user needs to choose the digital currency precisely for the funding.

All the platforms have provided a brief analysis related to the performance of the cryptocurrency, the online platform distributing the NFT, and some impressive collection that prefers choosing the payment in ethereum.

It is said that the market of Bitcoin is much better than the given Crypto coin.

Step 2:

After completing the above step, the person is required to do the funds and complete the set for the account, and the user also needs to realize that they have to select a Marketplace for them.

The marketplace of NFT is much extended where one can do the plenty of collectibles kept for the sale.

So every user has the freedom to do the research related to the product they want and select their marketplace.

The selection entirely depends upon the diversity and fees of the platform.

Step 3:

The collection of the digital wallet is done when the marketplace is completed in the above-given step.

Now the time arrives when the person needs some professional guidelines on the interactions related to exchanging information via blockchain.

Then, the user can go for trouble-free situations with the help of the best NFT Marketplace.

Of course, step is not the critical step, but still, it is advised to the users to go through it. Follow the step very carefully.

But if any user has not completed the above two steps correctly, they must go back to the starting point.

Step 4:

After completing step number 3, the user now gets a catalog in which many types of artists provide their work and provide the value of the project.

The person can go through various categories and select any one of the items from it with different values.

Everyone is free to buy the NFT according to their requirements, but two people cannot accept a single NFT. Therefore, the user must take every step to increase their investment portability quickly.

Step 5:

The final step that decides the complete artwork done by the user is the above four steps. 

In this step, the user confirms the process and bids the value.

Usually, users always prefer to choose the selected value of the product because this option sometimes creates trouble for the buyers as the selling price goes significantly higher when people come together.

Therefore all these options are there to avoid the different options of auctions.

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February 14, 2022

YouTube Introducing More Ways to Make Money for Creators

YouTube creators can not only make money online with Adsense, but they are going to find more ways to earn more money with YouTube.

YouTube has decided to monetize different content options or videos formats.

YouTube Introducing More Ways to Make Money for Creators: eAskme
YouTube Introducing More Ways to Make Money for Creators: eAskme

Neal Mohan has shared the focus of YouTube is to create new ways for Creators to monetize videos, shorts, and live streams.

YouTube Roadmap 2022 report shows the details of the new YouTube experience and features.

Here is what you must know about what YouTube will offer its viewers and creators.

New YouTube Monetization Ways for YouTube Content Creators:

YouTube Shorts:

If you are on YouTube, you may have already seen YouTube Shorts.

YouTube Shorts Fund is how you can earn money with YouTube shorts.

YouTube Shorts Fund is open for every YouTube creator.

Even if you cannot monetize YouTube videos, you can still use Shorts Fund to earn money from YouTube Shorts.

YouTube Funds will not be the only way you can monetize YouTube shorts. YouTube is planning to launch more ways for Shorts monetization.

  • BrandConnect is the way how YouTube will allow creators to make branded shorts.
  • Super Chats is also part of YouTube Livestreams, which will come to YouTube Shorts. Viewers can purchase messages..
  • YouTube will also test YouTube Shopping for users.

YouTube Live:

YouTube content creators will also make money with live streaming.

You can purchase channel membership for other live stream viewers on YouTube.

You will find the feature quite like how people on Twitch gift subscriptions.

YouTube is already testing Gifted Channel Memberships with limited channels.

NFTs:

NFTs and Blockchains will also be part of YouTube Monetization.

YouTube is still considering every possible opportunity in this area.

Other Important Features for YouTube Content Creators:

Remixes:

Like Instagram video remixes, you can also remix audios from videos on YouTube.

It is a new way to add more remix content to YouTube using editing tools, videos, effects, etc.

Reply with Shorts:

Like TikTok replies, you can use YouTube Shorts to reply to comments.

Livestream Collaboration:

YouTube plans to launch a feature that allows multiple creators to go on Livestream together.

YouTube Studio:

YouTube Studio’s insight will use data from Google and YouTube to help creators plan their following videos.

Metaverse:

Facebook is not the only big name in Metaverse; YouTube creates metaverse for its users. In YouTube Metaverse, you will experience everything in virtual reality.

Set YouTube Channel Guidelines:

YouTube is testing the ability to set channel guidelines for subscribers and viewers.

Conclusion:

YouTube is going bigger not only in terms of users but also in terms of technology.

New and upcoming YouTube updates will focus more on helping creators boost user engagement, control their channel and audience, experience metaverse, and find more ways to monetize YouTube channels or videos.

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