NFTs

Understanding File Formats Suitable for NFTs Non-fungible tokens (NFTs) are revolutionizing the way we perceive digital ownership. As a kind of crypto asset, NFTs are seeing a surge in popularity, with art, gaming, and the creative industry at the forefront of this trend. If you’re interested in creating NFTs, an essential element to understand is …

Difference Between Minting and Selling an NFT When venturing into the booming world of Non-Fungible Tokens (NFTs), the terms “minting” and “selling” are frequently encountered. These are fundamental concepts that require clear understanding for both beginners and experienced digital asset traders or investors. Minting an NFT What is Minting? Minting an NFT refers to the …

Gas Fee in NFT Minting For both beginners and large-scale traders in the NFT (Non-fungible token) market, understanding the essence of gas fees—how they function during the minting process and their potential impact on your transactions—is a critical part of the investment journey. This article provides an in-depth examination of gas fees in the context …

NFTs Legal Considerations When Creating an NFT Non-Fungible Tokens (NFTs) have taken the world by storm, offering an exciting avenue for artists, creators, and investors to explore. However, with this innovative digital asset also comes a slew of legal considerations. Understanding these can help avoid legal conflicts in the future, preserving the rights and interests …

Ensuring the Uniqueness of an NFT Understanding the uniqueness of NFTs, also known as Non-Fungible Tokens, is essential in the world of digital assets, especially for both novice and advanced traders or investors. For an NFT to hold value, it needs to be verifiably unique, ensuring ownership only for the holder of the asset. What …

NFT Drop Explained An NFT drop, in the simplest terms, refers to the moment when a new collection or a piece of non-fungible tokens (NFTs) is released or “dropped” on the market. This terminology is borrowed from the world of fashion, where it concerns the release or “drop” of a new collection of clothing or …